Atlanta Has the Biggest Rich Renter Community In Georgia with More Than 9,180 Wealthy Renter Households

Atlanta Has the Biggest Rich Renter Community In Georgia with More Than 9,180 Wealthy Renter Households

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Atlanta claims 11th place on the list of America’s top cities that have seen a significant increase in the number of rich renters since 2015. In addition, it is the nation’s 18th hotspot for wealthy renters.  

Here are the main highlights: 

  • Atlanta boasts an 119% increase in rich renters since 2015. Amid this spike, by 2020 the city had 9,185 high-income renter households – which makes up the biggest affluent renter community in Georgia.
  • Although Georgia is among the most affordable states in the U.S., home prices increased by 50.3% in Atlanta in the past years. Thus, renting became much more attractive even for affluent people. 
  • Statewide, Augusta became the leader in all of Georgia amid the highest spike in high-income renters (175%).  It is followed closely by Macon that saw a 164% increase in rich renters. 

To find out more about the rest of the cities that saw a spike in high-income renters, check out our full article here: 

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