Apartment Rental Rates Up Across US, Atlanta Rental Rates Up Even Higher

Apartment rental prices in Atlanta increased in recent months at more than double the national rate, according to a new report.   The median price of a one bedroom apartment nationwide is now $1,220, while the median price of a one bedroom apartment in Atlanta rose to $1,430. Year over year, however, rental rates for both one and two bedroom apartments were down over 3%.

Planning to buy a new home in the Atlanta area or anywhere else in Georgia before apartment rental rates increase again?  Need to refiance a home mortgage loan with a high mortgage rate?  Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.