Interested in real estate investing in Atlanta, Georgia? Atlanta is a massive market with plenty of promising real estate opportunities. It offers a swathe of great areas to choose from. Some of these neighborhoods include:
Midtown
East Atlanta
Midtown
Buckhead
Hanover West
Peachtree Heights West
Pine Hills
But communities differ in the potential returns they offer. Picking the right Atlanta neighborhoods can significantly impact your success in the Atlanta market.
In this article, we’ll explore some of the best areas for real estate investing in Atlanta. We’ll examine multiple key data points for each neighborhood, including:
Population
Median Sale Price
Change in Sale Price (year-over-year)
Days on Market
Median Rent
Renter Occupied Households
Median Household Income
Midtown
Just northeast of Downtown Atlanta is Midtown. Midtown is a dense, urban neighborhood known for its arts community. Peachtree Street is packed with bars, shopping, restaurants, and comedy clubs. Most residents rent their homes.
Population: 15,567
Median Sale Price: $350,000
Change in Sale Price (year over year): 19.9%
Days on Market: 40 days
Median Rent: $1,623
Renter Occupied Households: 62.5%
Median Household Income: $81,305
East Atlanta
East Atlanta lies just southeast of the downtown area. This suburban neighborhood offers residents bars, coffee shops, and restaurants. There is plenty of impressive street art in the area as well. Since East Atlanta is right next to I-20, the city center is always just a short drive away.
Population: 33,832
Median Sale Price: $528,500
Change in Sale Price (year over year): 17.4%
Days on Market: 35 days
Median Rent: $1,638
Renter Occupied Households: 36.57%
Median Household Income: $81,013
West Side of Atlanta, Grove Park
Grove Park is a smaller neighborhood on the west side of Atlanta. This community is home to many retirees and has plenty of green space. Westside Park is the biggest park, offering numerous amenities. Grove Park is a little further from downtown, but not by much.
Population: 5,366
Median Sale Price: $277,000
Change in Sale Price (year over year): 58.3%
Days on Market: 47 days
Median Rent: $1,750
Renter Occupied Households: 61.73%
Median Household Income: $42,762
Brookwood Hills
About 20 minutes north of Downtown Atlanta lies the desirable Brookwood Hills neighborhood. This upscale community is on the US National Register of Historic Places and is near some of the most brutal Civil War battlegrounds. Niche.com gives it an A+ for strong schools, family-friendliness, nightlife, and diversity.
Population: 1,501
Median Sale Price: $1 million
Change in Sale Price (year over year): 110.5%
Days on Market: 35 days
Median Rent: $2,346
Renter Occupied Households: 53.94%
Median Household Income: $96,245
Peachtree Hills
Immediately north of Brookwood Hills sits Peachtree Hills. Niche.com calls it “one of the best places in Georgia” thanks to its excellent public schools, nightlight, and family-friendliness. It also has bars, coffee shops, and restaurants and is home to the Atlanta Decorative Arts Center.
Population: 4,108
Median Sale Price: $274,500
Change in Sale Price (year over year): -12.1%
Days on Market: 51 days
Median Rent: $1,925
Renter Occupied Households: 53.94%
Median Household Income: $96,245
North Buckhead
North Buckhead is one of Atlanta’s largest and most affluent neighborhoods. It offers tree-lined streets and outdoor areas but also plenty of shopping, dining, and entertainment opportunities. North Buckhead’s public schools are highly rated, and DeKalb Peachtree Airport is just a few minutes northeast of the area.
Population: 11,589
Median Sale Price: $310,500
Change in Sale Price (year over year): -11.5%
Days on Market: 38 days
Median Rent: $2,732
Renter Occupied Households: 56.02%
Median Household Income: $93,315
Duluth
Duluth is a suburban city about 27 miles northeast of Atlanta proper. Niche named it the second-most diverse suburb in Georgia. Residents can enjoy the outdoors at its many parks and even catch free concerts at Town Green park. Duluth is also a short drive to beaches and parks at Lake Lanier. The Southeastern Railway Museum is another popular attraction with its historical locomotive exhibits.
Population: 29,538
Median Sale Price: $430,000
Change in Sale Price (year over year): 10%
Days on Market: 40 Days
Median Rent: $1,960
Renter Occupied Households: 43.75%
Median Household Income: $74,377
Lawrenceville
Lawrenceville sits 30 miles northeast of Atlanta and is considered one of Georgia’s best places to live. This neighborhood is suburban but fairly densely populated. Residents can enjoy several dining and shopping options, and the Polish Pierogi Festival provides cultural entertainment every August. The city is home to its county’s only airport — Gwinnett County Airport-Briscoe Field.
Population: 30,125
Median Sale Price: $395,000
Change in Sale Price (year over year): 21.5%
Days on Market: 39 Days
Median Rent: $2,179
Renter Occupied Households: 53.54%
Median Household Income: $52,312
Scottdale
Scottdale, about nine miles northeast of Atlanta, is mostly suburban. However, the southwest side of the area offers a touch of urbanity, with several bars, coffee shops, and the Your Dekalb Farmers Market. Numerous parks dot the neighborhood, and many renters live in the area. Scottdale is right along I-285 and the Lawrenceville Highway, making it highly accessible.
Population: 11,196
Median Sale Price: $290,000
Change in Sale Price (year over year): -15.7%
Days on Market: 33 days
Median Rent: $2,695
Renter Occupied Households: 60.98%
Median Household Income: $63,946
Colonial Homes
Colonial Homes is a more urban neighborhood located about 6.5 miles north of Atlanta. At the nearby Bobby Jones Golf Course, residents can play 9 or 18 holes. The Museum of Contemporary Art of Georgia is next door to the course, perfect for visitors and local art enthusiasts alike. Eateries and bars dot Peachtree Road, which offers an easy route to the heart of Downtown Atlanta.
Population: 25,852
Median Sale Price: $385,000
Change in Sale Price (year over year): 2.8%
Days on Market: 41 days
Median Rent: $2,409
Renter Occupied Households: 53.94%
Median Household Income: $96,245
Piedmont Heights
Right off I-85 in north Atlanta is Piedmont Heights. The area is mostly suburban and walkable, with shopping on the south end and a few restaurants and bars to the northeast. Piedmont is famously home to Atlanta’s second-oldest house — a two-story home on Montgomery Ferry that dates back to 1860.
Population: 28,654
Median Sale Price: $650,000
Change in Sale Price (year over year): -17.3%
Days on Market: 33 days
Median Rent: $1,993
Renter Occupied Households: 63.94%
Median Household Income: $76,205
Source: This content was originally written and published for Evernest at Evernest.co