50% of people in Atlanta live in rented homes
While in many places throughout the US there are more people buying homes, the split in Atlanta is actually really even, with 50-51 percent of people renting their home at any given time according to Zumper. This shows that there is a really positive attitude to renting in Atlanta, with half of the population finding it an accessible option for their living situation. A high percentage of renters represents a population that is always in flux, with many choosing to settle down and remain in Atlanta as they become homeowners.Prices have only slightly increased on studio apartments
Research shows that from 2020 to 2021, the cost of a studio apartment in Atlanta rose by only 2 percent, which is well within the line of inflation. While the same cannot be said for family homes – the cost of renting a four bedroom home went up by 20 percent – this makes renting as a single person a much more affordable way to move to a new area and experience a new way of life. This is perfect for somebody who might want to travel around a bit and experience different places in America before they decide to plant roots in any one city.Some neighbourhoods are very affordable
While Zumper reports that the median rent in Atlanta is $2500, there are some neighbourhoods where you can rent a four bedroom home for around – and under – $1000 per month. This makes Atlanta a very affordable place to live, with a whole variety of neighbourhoods to choose from so that you can be sure you are suiting your living situation to you and your family’s needs. With the average income being over $88,000 in Atlanta, renting is a fantastic, affordable option for working families.Renting gives you flexibility
Renting gives you all of the benefits of living somewhere – the experience of a beautiful home in a gorgeous location – without any of the responsibility. Indeed, some argue that renting is an even better option than buying, as a long term endeavour. You can rest easy knowing that your landlord is responsible for the cost of any repairs or work that needs to be done on the house, and you aren’t tied into a lengthy mortgage, which is ideal if you aren’t ready to settle down. Do you rent your home? Would you ever consider renting in Atlanta? I’d love to hear your thoughts!
This is The Chequers Bath blog, a lifestyle blog mostly focussing on food, travel and general lifestyle posts.
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