November 29th 2023.
Atlanta has proved to be a desirable rental market across the US, and it's no surprise that it has made it to the top of the list. According to RentCafe.com, a popular housing search platform, Atlanta has been ranked as the second hottest rental market out of 150 cities. This is a three-spot increase from the last ranking in April, making it even more desirable for renters.
A spokesperson from RentCafe.com told Urbanize Atlanta that Atlanta has maintained its ranking among the top 10 cities since April, as renters have been actively searching for apartments in the city. It seems that when it comes to the availability of apartments, Atlanta is in high demand due to small increases in available apartments, making it one of the most desirable cities to rent.
Not only is the search for rentals occurring in-state, but RentCafe’s analysts have also noticed that residents from urban areas such as New York City and Chicago are making the move to the Peach State. This is likely due to Atlanta being known as the “most dynamic” tech hub in the South, with the city maintaining a steady growth in apartment rentals even with the development of living spaces.
Atlanta was the highest-ranked city in the Southern region, with Orlando coming in at eighth place. Minneapolis currently holds the top spot, but Atlanta is still a priority in the rental market for apartment hunters. With new developments already in the works, it looks like Atlanta will continue to be a popular choice for those searching for the perfect place to rent.
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