If you rent an apartment in Atlanta, then you know it’s not cheap. Rent is consistently one of Atlanta residents’ largest expenses every month. And now, we know how Atlanta’s rent compares to other major U.S. cities. According to a new study conducted by Zumper, which focuses on rental market trends, Atlanta ranks as the 24th most expensive city in the U.S. to rent an apartment. Keep scrolling for all the details.
Where does Atlanta rank on the list of most expensive U.S. cities for apartment rental?
Coming in at #24, Atlanta ranks just behind Providence, Rhode Island. That might be a little lower on the list than you were expecting, but it’s true. Atlanta also ties in rent expensiveness with Denver Colorado.
New York City once again takes the highest spot, with a monthly average rent cost of a one-bedroom apartment at $4,400/month. Phew!
From there, these are the top 10 most expensive cities to rent an apartment in the U.S.:
- 1 – New York City
- 2 – San Francisco
- 3 – Boston
- 4 – Jersey City
- 5 – San Jose
- 6 – Miami
- 7 – Arlington
- 8 – Los Angeles / San Diego (tied)
- 10 – Washington D.C.
How much is the average one bedroom vs two bedroom apartment in Atlanta?
One-bedroom apartments average about $1,620 in monthly rent, and two-bedroom apartments average $2,000.
And Zumper says it’s a relatively good market for renters right now in the U.S. in general. According to Zumper,
For renters, the current environment represents a rare opportunity to negotiate favorable lease terms and explore upgraded living situations. For property owners, navigating this supply-heavy landscape will require strategic pricing, creative concessions, and patience as the market works through this current high inventory state.
Was that where you thought Atlanta would land on the rent ranking?