Median Atlanta Area Rental Prices Still Increasing

According to a new report, the median monthly rental price in the Atlanta increased over 13% in May when compared to a year earlier. The median rental price in the Atlanta area was $1,536.00, which is slightly higher than the median US rental price of $1,527.00. Rental rates increased in 43 of the 50 largest US metro areas in the past year.

Is it less expensive to rent or buy? Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052 to discuss our low home mortgage interest rates!