Zip codes with the fastest growing rent in Atlanta

Written by:
March 24, 2021
realtor.com

Zip codes with the fastest growing rent in Atlanta

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Atlanta using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

Zip codes with the fastest growing rent in Atlanta

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Atlanta using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

#30. 30114 (Canton)

- 1 year rent change: +9.8%
- 5 year rent change: +32.2%
- Typical rent: $1,633
--- 0.4% above typical rent in Atlanta, GA metro

- Pictured (for rent): 165 Reservoir Rd, Canton 30114 ($1,970)

#29. 30680 (Winder)

- 1 year rent change: +10.0%
- 5 year rent change: +38.9%
- Typical rent: $1,486
--- 8.7% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 403 Jasmine Dr, Winder 30680 ($1,695)

#28. 30083 (Stone Mountain)

- 1 year rent change: +10.2%
- 5 year rent change: +41.8%
- Typical rent: $1,367
--- 16.0% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 4900 Central Dr, Stone Mountain 30083 ($1,200)

#27. 30019 (Dacula)

- 1 year rent change: +10.3%
- 5 year rent change: +30.4%
- Typical rent: $1,804
--- 10.9% above typical rent in Atlanta, GA metro

- Pictured (for rent): 681 Fairmont Park Dr, Dacula 30019 ($1,950)

#26. 30291 (Union City)

- 1 year rent change: +10.3%
- 5 year rent change: +41.2%
- Typical rent: $1,501
--- 7.7% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 6425 Oakley Rd, Union City 30291 ($1,430)

#25. 30122 (Lithia Springs)

- 1 year rent change: +10.3%
- 5 year rent change: +40.3%
- Typical rent: $1,584
--- 2.6% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 2580 Summer Lake Rd, Lithia Springs 30122 ($1,486)

#24. 30102 (Acworth)

- 1 year rent change: +10.4%
- 5 year rent change: +37.8%
- Typical rent: $1,716
--- 5.5% above typical rent in Atlanta, GA metro

- Pictured (for rent): 100 Peaks Rdg, Acworth 30102 ($1,615)

#23. 30034 (Decatur)

- 1 year rent change: +10.6%
- 5 year rent change: +44.4%
- Typical rent: $1,484
--- 8.8% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 3000 Ember Dr, Decatur 30034 ($1,300)

#22. 30354 (Atlanta)

- 1 year rent change: +10.8%
- 5 year rent change: +45.6%
- Typical rent: $1,277
--- 21.5% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 445 Cleveland Ave SE, Atlanta 30354 ($1,148)

#21. 30236 (Jonesboro)

- 1 year rent change: +10.8%
- 5 year rent change: +38.3%
- Typical rent: $1,379
--- 15.2% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 100 Carrington Park, Jonesboro 30236 ($1,690)

#20. 30297 (Forest Park)

- 1 year rent change: +11.1%
- 5 year rent change: +47.0%
- Typical rent: $1,117
--- 31.3% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 507 Georgia Ave, Forest Park 30297 ($1,100)

#19. 30058 (Lithonia)

- 1 year rent change: +11.2%
- 5 year rent change: +40.8%
- Typical rent: $1,445
--- 11.2% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 100 Camellia Ln, Lithonia 30058 ($1,675)

#18. 30014 (Covington)

- 1 year rent change: +11.3%
- 5 year rent change: +42.3%
- Typical rent: $1,451
--- 10.8% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 6000 Clark St, Covington 30014 ($1,260)

#17. 30039 (Snellville)

- 1 year rent change: +11.4%
- 5 year rent change: +39.7%
- Typical rent: $1,676
--- 3.0% above typical rent in Atlanta, GA metro

- Pictured (for rent): 2800 Temple Johnson Rd, Snellville 30039 ($2,025)

#16. 30127 (Powder Springs)

- 1 year rent change: +11.5%
- 5 year rent change: +35.5%
- Typical rent: $1,648
--- 1.3% above typical rent in Atlanta, GA metro

- Pictured (for rent): 2236 Old Villa Rica Rd, Powder Springs 30127 ($1,100)

#15. 30016 (Covington)

- 1 year rent change: +11.9%
- 5 year rent change: +42.0%
- Typical rent: $1,471
--- 9.6% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 30 Grosslake Pkwy, Covington 30016 ($1,375)

#14. 30349 (Atlanta)

- 1 year rent change: +11.9%
- 5 year rent change: +41.8%
- Typical rent: $1,451
--- 10.8% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 934 Garden Walk Blvd, Atlanta 30349 ($1,285)

#13. 30281 (Stockbridge)

- 1 year rent change: +11.9%
- 5 year rent change: +41.2%
- Typical rent: $1,449
--- 10.9% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 1107 Rock Quarry Rd, Stockbridge 30281 ($1,770)

#12. 30274 (Riverdale)

- 1 year rent change: +12.0%
- 5 year rent change: +44.7%
- Typical rent: $1,259
--- 22.6% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 8050 Taylor Rd, Riverdale 30274 ($1,440)

#11. 30228 (Hampton)

- 1 year rent change: +12.4%
- 5 year rent change: +43.8%
- Typical rent: $1,636
--- 0.6% above typical rent in Atlanta, GA metro

- Pictured (for rent): 1992 Lovejoy Rd, Hampton 30228 ($1,535)

#10. 30248 (Locust Grove)

- 1 year rent change: +12.7%
- 5 year rent change: +35.8%
- Typical rent: $1,662
--- 2.2% above typical rent in Atlanta, GA metro

- Pictured (for rent): 100 Malaga Way, Locust Grove 30248 ($1,528)

#9. 30296 (Riverdale)

- 1 year rent change: +12.9%
- 5 year rent change: +50.4%
- Typical rent: $1,400
--- 14.0% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 950 Lake Ridge Pkwy, Riverdale 30296 ($1,330)

#8. 30253 (Mcdonough)

- 1 year rent change: +13.0%
- 5 year rent change: +41.5%
- Typical rent: $1,711
--- 5.2% above typical rent in Atlanta, GA metro

- Pictured (for rent): 1690 Highway 20 W, McDonough 30253 ($1,889)

#7. 30134 (Douglasville)

- 1 year rent change: +13.3%
- 5 year rent change: +48.8%
- Typical rent: $1,487
--- 8.6% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 1 Rocky Ridge Blvd, Douglasville 30134 ($1,675)

#6. 30273 (Rex)

- 1 year rent change: +13.4%
- 5 year rent change: +46.4%
- Typical rent: $1,405
--- 13.6% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 6116 Christopher Ter, Rex 30273 ($1,515)

#5. 30035 (Decatur)

- 1 year rent change: +15.2%
- 5 year rent change: +49.5%
- Typical rent: $1,440
--- 11.5% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 4946 Snapfinger Woods Dr, Decatur 30035 ($1,276)

#4. 30260 (Morrow)

- 1 year rent change: +15.4%
- 5 year rent change: +44.6%
- Typical rent: $1,254
--- 22.9% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 7124 Southlake Pkwy, Morrow 30260 ($1,354)

#3. 30238 (Jonesboro)

- 1 year rent change: +15.5%
- 5 year rent change: +47.0%
- Typical rent: $1,304
--- 19.9% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 1 Lakeview Way, Jonesboro 30238 ($1,378)

#2. 30135 (Douglasville)

- 1 year rent change: +16.3%
- 5 year rent change: +42.4%
- Typical rent: $1,638
--- 0.7% above typical rent in Atlanta, GA metro

- Pictured (for rent): 3421 W Stewarts Mill Rd, Douglasville 30135 ($1,475)

#1. 30310 (Atlanta)

- 1 year rent change: +16.3%
- 5 year rent change: +75.3%
- Typical rent: $1,478
--- 9.2% less than typical rent in Atlanta, GA metro

- Pictured (for rent): 387 Joseph E Lowery Blvd SW, Atlanta 30310 ($1,742)

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