Single Family Management
There are 37 property management companies in Atlanta, GA 24 Companies specialize in Single Family property management. 26 Companies specialize in Multi-Family property management. 7 Companies specialize in HOA property management.
The average rent for a 3 bedroom house in Atlanta, GA is $1,232.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
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Atlanta, GA Property Management Companies
Featuring a diverse population that makes it one of the most multicultural cities in the nation, Atlanta is the ninth largest city in the country, a major center of commerce, and a primary transportation hub for the South Eastern United States.
Some of the nation's most recognizable companies are headquartered in Atlanta, including the Coca Cola Company, UPS, the Turner Broadcasting System, Delta Airlines, Home Depot, and AT&T. Atlanta residents are mostly employed in service, trade, and manufacturing jobs, but no single industry dominates. The large variety of business activity in the area helps ensure the continued strength of Atlanta's economy, making the city attractive to new professionals.
Atlanta Housing Market Trends: Rentals are in Demand
With the recent economic recession and housing downturn, a flood of foreclosures has hit the Atlanta real estate market, worrying prospective homebuyers. Although house prices have lately begun to stabilize, many residents are choosing to rent. This is especially true of younger generations, who tend to find the large, extravagant homes built by older generations of Atlanta natives to be ostentatious and excessive. This younger generation is more apt to rent than own, and the Atlanta rental market is heating up accordingly, with vacancy rates declining and rental rates climbing. Both savvy investors and the Atlanta property management companies are poised to earn big profits.
Atlanta Rental Market at a Glance
|2012 Population||5.5 million||380 million|
|2010 Percentage of renters||31.52%||34.00%|
|2013 (1st Q) Rental vacancy rate||12.50%||8.40%|
|2013 Median house price||$137,000||$185,000|
|2013 Median Family income||$45,946||$51,400|
|2013 Median rent (3 bedroom)||$1,232||$1,350|
The metro area of Atlanta, Georgia (population: 5,457,831) had its lowest vacancy rate of the last three years during the third quarter of 2011 at 9.4% but has since risen to 12.5%. The median rent has slightly increased since 2010, from $1,183 to $1,232 in 2013.The median family income is $45,946 and the median home price is $137,000.