Atlanta, GA multifamily market
Atlanta's multifamily market is recovering from a 2022-2024 downturn driven by record new supply and rising borrowing costs. The median sale price reached roughly $156,000 to $189,500 per unit in 2025, with cap rates stabilizing in the low-to-mid 5% range. Investor appetite is returning, particularly for suburban and value-add assets, and deliveries are now falling sharply, which should support rent growth and tightening vacancy heading into 2026. Because no specific property address was provided, building square footage could not be determined from public records.
What's driving Multifamily prices in Atlanta
Atlanta multifamily sale prices dipped modestly in 2025, with the average price per unit falling from roughly $166,742 to $156,005 metro-wide as investors focused on value-add plays, though the median price for institutional-quality assets recovered to approximately $189,500 per unit by mid-2025, suggesting a two-tier market with premium assets holding value while workforce stock repriced.
- Delivery pipeline falling more than 50% from its 2024 peak, reducing future supply pressure
- Vacancy declined 200 basis points year-over-year through Q3 2025, tightening market conditions
- Investor shift toward value-add and workforce assets nearly doubling volume in that segment in 2025
- Strong in-migration supporting renter demand: metro Atlanta added ~75,100 residents between 2023 and 2024
Market intelligence
Tracking this market · 7 comps · 12-month median $322/SF · latest deal Dec 2025.
This quarter: 0 comps added to our corpus in Q3 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Pins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The outlined area is Atlanta's municipal boundary. It carries no colour because this market has no current momentum read.
Recent Multifamily comps in Atlanta, GA
| Address | Date | Type | Size (SF) | Price / Rate | $/SF |
|---|---|---|---|---|---|
| 652 Angier Ave NE, Atlanta, GA 30308 (Iris O4W) news | Jul 2024 | Sale | ~288000 | $126,300,000 | ~$438 |
| 13125 Morris Road, Milton, GA 30004 (Magnolia at Milton, formerly IMT Deerfield) news | Dec 2025 | Sale | ~300000 | $179,700,000 | ~$599 |
| Town Laurel Crossing (Timberline View), Buford, GA 30519 news | Sep 2025 | Sale | ~342000 | $110,000,000 | ~$322 |
| Manor Barrett, Kennesaw, GA 30144 news | Sep 2025 | Sale | ~330000 | $106,000,000 | ~$321 |
| Cortland at Buckhead Village, Atlanta, GA (Buckhead submarket) news | Jun 2025 | Sale | $150,000,000 | ||
| Augusta, GA - unnamed garden-style community (Blackfin acquisition) news | Jun 2025 | Sale | ~114000 | $17,300,000 | ~$152 |
| The Heights at Shadowood, Cumberland, GA (Cobb County) news | Early 2025 | Sale | ~272650 | ||
| Median of 5 recent sales · $322/SF | $322 | ||||
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Figures are automated estimates derived from public listings, records, and brokerage announcements for Atlanta, GA, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.