Marcus & Millichap Releases 2Q 2025 Atlanta Multifamily Market Report
Tuesday, July 8th, 2025
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its 2Q 2025 Atlanta Multifamily Market Report.
“Atlanta’s multifamily sector continues to stand out on the national stage, with record-setting absorption and strong in-migration trends underpinning demand,” said John M. Leonard, First Vice President and Regional Manager.
Marcus & Millichap’s 2Q 2025 Atlanta Multifamily Market Report provides investors with vital insight and analysis on the current state of the multifamily market, including:
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Net absorption exceeded 27,500 units over the 12-month period ending in March, including a record-setting 7,300 units in the first quarter alone.
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West Atlanta and Midtown led first-quarter leasing activity with approximately 750 and 700 net move-ins, respectively.
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Over 23,500 new units were delivered during the same period, with Northeast Gwinnett County and Midtown accounting for a combined 4,300 doors.
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Effective rent declined just 0.06 percent in the first quarter, reaching $1,573 per month as of April, following sharper drops in the second half of 2024.
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Transaction volume rose more than 25 percent year-over-year, fueled by a nearly 40 percent increase in Class B/C asset activity, while Class A deal flow remained stable.
“Institutional and private capital are actively targeting Atlanta, drawn by the metro’s scale, stability, and compelling long-term fundamentals,” added Leonard.
