Atlanta Multifamily Market Report

By CREhunt Research · Data through Q2 2025 · Aggregated from Cushman & Wakefield, Lee & Associates, Colliers

Quarterly multifamily market indicators for Atlanta, aggregated by CREhunt from Cushman & Wakefield, Lee & Associates, Colliers. As of Q2 2025, average asking rent was $1,651.00/unit/mo, per Cushman & Wakefield.

Projected current multifamily pricing — Atlanta

Projected asking rent
$1,651/unit/mo
Estimated sale value
$157,968–$233,680/unit

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Atlanta multifamily yet, so this applies the typical cap rate across comparable multifamily markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2025 Cushman & Wakefield asking-rent data (benchmark cap rate 5.1%–6.0%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q2 2025
Cushman & Wakefield
$1,651.00/unit/mo—10K SF-5 SF
Q2 2022
Lee & Associates
$1,637.00/unit/mo6.8%——
Q3 2020
Colliers
—13.8%300K SF—

Frequently asked questions

What is the average asking rent for multifamily space in Atlanta?
As of Q2 2025, the average asking rent for multifamily space in Atlanta was $1,651.00/unit/mo, per Cushman & Wakefield.
What is the multifamily vacancy rate in Atlanta?
Vacancy data for Atlanta multifamily is aggregated from brokerage reports; refer to the quarterly table for available quarters.
Where does CREhunt's Atlanta market data come from?
This report aggregates quarterly multifamily market data for Atlanta from Cushman & Wakefield, Lee & Associates, Colliers.