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Rising Rents

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Bisnow reports that Atlanta rents have climbed 3.4 percent over the last year to an average of $840 per month — and more rate hikes could be forthcoming. Despite the influx of new inventory, experts foresee average rents rising another 3 percent by the end of this year to $860 per month. The boosts can be traced to shrinking vacancies and a resurgent Atlanta job market, but could we be at risk of losing our alluring affordability? [Bisnow]