Atlanta Area Rental Rates on the Rise Again

While growth in rental rates slowed across metro Atlanta during the summer months due to the ongoing Covid 19 pandemic, rates appear to be on the rise again. Rental rates were up nearly 5% in the Atlanta area in November when compared to a year earlier. Real estate analysts expect rental rates on homes and apartments across the area to continue rising in 2021 as the economy recovers from the economic downturn related to the Covid pandemic.

Is it less expensive to continue renting your Atlanta area apartment or to buy a new home? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net to discuss our low home mortgage interest rates.