A recent national report shows Atlanta may be getting a slight reprieve from increasing rental prices.
After seeing prices climb most of the year, a survey of September rent prices for Atlanta shows both 1-bedroom and 2-bedroom units dropped more than 1 percent, according to Zumper, which surveys 100 cities nationwide.
The full report can be seen by clicking here.
Atlanta is the 18th most expensive rental market in the country this month.
The challenge of keeping housing affordable in Atlanta has become a topic of much discussion. This week, Ryan Gravel, the man whose master’s thesis inspired the Atlanta BeltLine, resigned from the board that oversees fundraising for the project. In his resignation letter, Gravel said the BeltLine has not given enough attention to housing affordability.
The trend in rental prices across the country was mixed, with declines in some markets like San Francisco and New York, but places like Seattle and Houston continued to see increases.