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Market Report

Atlanta Multifamily Market Report

1Q 2021

In-Migration and Economic Head Start Provide Suburban Apartment Market a Solid Position

Balanced job growth propels market. Atlanta’s strategic position as a distribution center and increasing attractiveness to tech firms should bolster the area’s employment outlook this year. The important trade, transportation and utilities sector has already recouped all positions lost due to the health crisis. As retail stores rehire, the sector should receive another jolt. Distribution hiring, which also falls into the trade, transportation and utilities sector, will also serve as a catalyst to job formation. White-collar positions, meanwhile, also have room for above-average growth this year after falling 3.9 percent in 2020, relative to a 3.5 percent decline nationally.
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