Rental market snapshot for Morningside - Lenox Park, Atlanta
Morningside - Lenox Park rental market summary
The rental market in Morningside - Lenox Park, Georgia is showing signs of growth. In July 2023, there were 193 new listings, a 5.2% increase from the previous month. This is a sign that the rental market is becoming more active and that more people are looking for rental properties in the area.
The median rent in Morningside - Lenox Park, Georgia has also increased over the past year. In July 2023, the median rent was $1,706, an 8.3% increase from the same time last year. This is a sign that the rental market in the area is becoming more competitive and that rental prices are on the rise.
Median rent for all residential properties in Morningside - Lenox Park
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The most expensive listings and top trending buildings in Morningside - Lenox Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2167 Niles Pl NE | $5,500 | 4 / 4.0 |
| 504 Bismark Rd NE | $5,300 | 4 / 4.0 |
| 1346 Beech Valley Rd NE | $3,900 | 3 / 2.0 |
| 1925 Monroe Dr NE | $3,287 | 3 / 2.0 |
| 768 Piedmont Way NE | $2,995 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Windsor Property Management Co. | $1,789 |
| Peak Management (MI) | $1,655 |
| Perennial Properties | $1,622 |
| GIG | $1,608 |
| Avenium | $1,565 |
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Bedroom Breakdown in Morningside - Lenox Park
Morningside - Lenox Park neighborhood apartments rents
The rental market for studios in Morningside - Lenox Park, Georgia is showing signs of growth. In July 2023, there were 5 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,540, a 3.9% increase from the median rent in June 2023 of $1,482. This suggests that the rental market in Morningside - Lenox Park is becoming more competitive, with landlords increasing their prices to attract tenants.
The rental market for 1-bedroom apartments in Morningside - Lenox Park, Georgia is showing signs of growth. In July 2023, there were 30 new 1-bedroom listings, a sign that the market is expanding. The median rent for 1-bedroom apartments in July 2023 was $1,552, a 1.7% increase from the median rent in June 2023. This indicates that the rental market is becoming more competitive, as demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Morningside - Lenox Park, Georgia is showing a slight increase in July 2023. There were 34 new listings in July, and the median rent for 2-bedroom apartments increased by .6% from June to July, from $1,977 to $1,988. This indicates that the rental market is slowly improving, and that there is an increasing demand for 2-bedroom apartments in the area.