Look Who it Was Random video

I-Team: The Cost of a One Bedroom Apartment in Metro Atlanta

4,145 views · Published 23 July 2018 · 2:58 · Indexed 25 October 2026

Channel: FOX 5 Atlanta · 2018 · News & Politics

Watch on YouTube

by Dana Fowle
Aired July 23, 2018

ATLANTA, Ga. - Renters are finding the same problems in metro Atlanta that some would-be homeowners are finding - they're priced out.  This month rent climbed and not insignificantly in some areas. 
I don't know how young people do it today.  Let's look at the numbers. 
  
According to Zumper, a real estate site, a one bedroom apartment in Atlanta is up over the last month $20. In Sandy Springs rent climbed $50.  

ONE BEDROOM RENT
Atlanta - $1,440
Sandy Springs - $1,320
Alpharetta, Smyrna, Johns Creek - $1,240

Ok, let's look at our more affordable options: Gainesville, Newnan and Norcross. They're in the $800 to $900 range. But look closer. Their asking price is going up. Fast. Gainesville rent is up 15 percent.  And Norcross is up 13 percent. Newnan is down a touch.   
Now if all of this is out of your range, you need to think about getting a roommate to share costs. And, maybe it's time to start exploring some of those start-up neighborhoods. When I moved to Atlanta nearly 23 years ago, I did that. 
You've heard about the bustling Old Fourth Ward area near downtown Atlanta?  Well, I bought my very first house there two decades ago. I moved in before young people were heading in there. I had a lot of older neighbors who'd been there for generations. And I loved it. 
Now let me leave you with this. Atlanta has rising rental costs, but it's still a big city bargain if you look nationally. We are not top 10 but rather 20 highest, one bedroom rentals in the US.

More from this channel