Renter demand in Atlanta has rebounded sharply, with Q2 2025 absorption of 6,411 units marking the second-strongest Q2 in a decade and pushing the 12-month total to over 20,000 units—more than double the long-term average.
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Despite elevated deliveries, occupancy has remained stable at 90.4% for nearly two years, while a slowing construction pipeline points to improving balance and tightening conditions ahead.
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Average rents are showing signs of bottoming, supported by a quarter-over-quarter increase and a year-over-year decline that eased to just -0.8%—the softest annual drop since early 2023.
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MARKET OUTLOOK
Atlanta’s multifamily fundamentals continue to stabilize...
