Why rent when you can own? The time is now to stop throwing your money away on rent and start investing in your own new home. Across the nation, rents are on the rise. According to this article in Apartmentlist.com, the Atlanta metro area has increasing price increases in rental property.
It goes on to say that Atlanta rents increased significantly over the past month. Atlanta rents have increased 0.4% over the past month, and have increased slightly by 1.5% in comparison to the same time last year.
Currently, median rents in Atlanta stand at $1,030 for a one-bedroom apartment and $1,190 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Atlanta’s year-over-year rent growth lags the state average of 1.8%, but exceeds the national average of 1.0%