Skip to content
Welcome! Are you part of the community? Sign up now.
x

Posted over 5 years ago

Atlanta Rental Property Investment Opportunities

Atlanta Rental Property Market 2018

The rental market in the United States is stronger than ever, with many young people opting to rent in cities rather than buy their first home. Diversifying your investments is always wise. Rising prices combined with strong demand makes the Atlanta real estate market one of the best markets to hedge your portfolio of rental properties. 

If you are dreaming of owning a rental property, what better place to do that than in Atlanta, GA? The city has a thriving real estate market that promises lucrative returns. Atlanta suburbs offer a diversified population in which a newcomer can easily fit. Most of the Atlanta rental properties in the suburb areas are single family rental homes.

Atlanta, GA is one of the top markets for single family rental homes in the US. Many young families and couples thinking about the future are interested in renting such a property. Therefore, the demand for single family homes for rent in Atlanta is high. 

Another research regarding Atlanta’s population and demographics reveals that 49% of the population in the city lives in family households with kids. In comparison, 38% of the people are living alone. People who inhabit family households are more likely to rent single family homes rather than apartments because they offer more space and privacy. 

Is It A Good Time To Invest In Atlanta?

The short answer to this question is yes. The longer answer is: yes, definitely, especially if you’re buying in the right Atlanta neighborhoods. If you asked about the Atlanta real estate market 15 years ago, the answer would be someone pointing at the suburbs. 

The city was expanding in all directions. The problem was that infrastructure couldn’t grow fast enough. Its urban core is seeing a wave of redevelopment as people choose to pay more to be close to jobs, amenities and public transportation.

And this has caused Atlanta real estate development to surge. Almost four billion dollars worth of real estate investing has poured into downtown over the past ten years, and that much more is either on the drawing board or under construction. 

The downtown population has risen roughly 2% a year per year since 2010. While Atlanta home prices rose roughly 10% between 2016 and 2017, they are expected to go up nearly that much in 2018. 

Overall, the Atlanta housing market trend is much hotter than the rest of the nation. Here isn’t enough inventory for those moving to the area, and areas close to jobs, hospitals, quality schools and amenities can see bidding wars due to limited inventory.

Single Family Homes For Rent in Atlanta

Currently, Zillow has 1801 homes for sale and 506 homes for rent in Atlanta, GA. You will find 2234 Single Family Homes For Rent in Atlanta, Georgia on Trulia.com. 

Atlanta, GA is one of the top markets for single family rental homes in the US. Many young families and couples thinking about the future are interested in renting such a property. 

Therefore, the demand for single family homes for rent in Atlanta is high. Another research regarding Atlanta’s population and demographics reveals that 49% of the population in the city lives in family households with kids. 

In comparison, 38% of the people are living alone. People who inhabit family households are more likely to rent single family homes rather than apartments because they offer more space and privacy. 

Atlanta is home to around half a million people. It is part of a larger metropolitan area that is home to around six million people. Many of the Atlanta suburbs are home to 100,000 or more. 

Atlanta Rental Properties are sought by all types of real estate investors because you’re paying for a quality real estate when you decide to buy them in good neighborhoods. 

Starting at $70,000, the Atlanta rental properties provide a cash flow of up to $750/mo and a 3-year appreciation forecast of 9.3%.

Now the question is - Which are the best places to buy Atlanta rental properties in 2018? (Click on the hyperlink to know that)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

"10 Best Places To Buy Atlanta Rental Properties In 2018" was originally published by Norada Real Estate Investments.

For more great articles please visit our Real Estate Investment Blog.

Normal 1532719332 Norada Logo



Comments