For renters of Atlanta, the bad news first: median rents for two-bedroom apartments have swollen by more than 3 percent since summer.
So if your pad costs $2,000, your pockets have become $60 lighter on a monthly basis since the Rio Olympics.
The less-bad news, according to a quarterly analysis by apartment rental site Zumper, is that median rents for one-bedroom flats in ATL have inched up by only .8 percent, clocking in at $1,310 this winter.
Atlanta now ranks as the country’s 19th most expensive rental market—pricier than Denver and Long Beach—per Zumper’s data. Not bad for a Top 10 market in terms of population, though.
This winter analysis of 77 Atlanta ‘hoods highlights a few interesting happenings. Most notably, median rents for one-bedrooms near Peachtree Center downtown and an area defined as “Centennial Hill” (just west of Old Fourth Ward) have jumped by more than 8 percent since the last quarter.
Along with Midtown, the Buckhead area has the densest collection of one-bedroom pads that cost north of $1,500:
Meanwhile, median rents in South Downtown ($990) and Castleberry Hill ($1,200) look like comparative bargains.
The broader view: