Atlanta Rental Rate Increases Among Highest in US
Rental rates in multi-family apartment communities in the Atlanta are rose 4.8% percent in 2018, one of the highest rental increase in the US. Rental rates in only threeBottom of Form other cities--Orlando, Phoenix, and Las Vegas-- exceeded the increases in the Atlanta area. Rental rates in Midtown averaged $1,820 per month, and rental rates in Buckhead averaged $1,670. Market analysts attribute the increases to rising construction costs and fewer new apartment complexes opening.
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