Rental market snapshot for Home Park, Atlanta
Home Park rental market summary
The rental market in Home Park, Georgia is showing signs of stability. In July 2023, there were 220 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,199, which is only slightly higher than the median rent of $2,200 in June 2023. This suggests that the rental market is not experiencing any significant changes in prices. When compared to the median rent of $2,177 in July 2022, the median rent has increased by 1%, indicating that the rental market is slowly but steadily increasing in value.
Overall, the rental market in Home Park, Georgia is showing signs of stability and growth. The number of new listings and the median rent are both increasing, indicating that the market is healthy and that prices are slowly rising. This is good news for both renters and landlords, as it suggests that the rental market is stable and that prices are likely to continue to increase in the future.
Median rent for all residential properties in Home Park
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The most expensive listings and top trending buildings in Home Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 223 16th St NW | $6,450 | 3 / 3.5 |
| 653 Vidalia Ln | $4,850 | 2 / 3.0 |
| 1527 Northside Dr NW | $4,700 | 3 / 5.0 |
| 217 16th St NW | $4,500 | 3 / 3.5 |
| 270 17th St NW #1201 | $4,300 | 2 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Trantor Management | $2,287 |
| Trantor Realty Inc | $2,274 |
| AMLI Residential | $1,952 |
| Walton Communities LLC | $1,916 |
| Radco Residential LLC | $1,755 |
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Bedroom Breakdown in Home Park
Home Park neighborhood apartments rents
The rental market for studios in Home Park, Georgia is showing signs of growth. In July 2023, there were 4 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,480, a 5.7% decrease from the median rent in June 2023 of $1,570. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for studios in Home Park, Georgia appears to be on the rise.
The rental market for 1-bedroom apartments in Home Park, Georgia is showing signs of growth. In July 2023, there were 39 new 1-bedroom listings, which is a significant increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,736, which is a 3.0% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Home Park, Georgia is looking positive.
The rental market for 2-bedroom apartments in Home Park, Georgia is showing signs of growth. In July 2023, there were 38 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments also increased by 3.2%, from $2,457 in June 2023 to $2,536 in July 2023. This indicates that the rental market for 2-bedroom apartments in Home Park is becoming more competitive, and renters should expect to pay more for their apartments in the coming months.