11 Best Places for Real Estate Investing in Atlanta, Georgia
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: 15,567Median Sale Price: $350,000Change in Sale Price (year over year): 19.9%Days on Market: 40 daysMedian Rent: $1,623Renter 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: 33,832Median Sale Price: $528,500Change in Sale Price (year over year): 17.4%Days on Market: 35 daysMedian Rent: $1,638Renter 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: 5,366Median Sale Price: $277,000Change in Sale Price (year over year): 58.3%Days on Market: 47 daysMedian Rent: $1,750Renter 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: 1,501Median Sale Price: $1 millionChange in Sale Price (year over year): 110.5%Days on Market: 35 daysMedian Rent: $2,346Renter 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: 4,108Median Sale Price: $274,500Change in Sale Price (year over year): -12.1%Days on Market: 51 daysMedian Rent: $1,925Renter 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: 11,589Median Sale Price: $310,500Change in Sale Price (year over year): -11.5%Days on Market: 38 daysMedian Rent: $2,732Renter 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: 29,538Median Sale Price: $430,000Change in Sale Price (year over year): 10%Days on Market: 40 DaysMedian Rent: $1,960Renter 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: 30,125Median Sale Price: $395,000Change in Sale Price (year over year): 21.5%Days on Market: 39 DaysMedian Rent: $2,179Renter 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: 11,196Median Sale Price: $290,000Change in Sale Price (year over year): -15.7%Days on Market: 33 daysMedian Rent: $2,695Renter 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: 25,852Median Sale Price: $385,000Change in Sale Price (year over year): 2.8%Days on Market: 41 daysMedian Rent: $2,409Renter 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: 28,654Median Sale Price: $650,000Change in Sale Price (year over year): -17.3%Days on Market: 33 daysMedian Rent: $1,993Renter Occupied Households: 63.94%Median Household Income: $76,205
Final Thoughts: Real Estate Investing in Atlanta
Which Atlanta neighborhood(s) caught your eye? There are plenty of great neighborhoods, but choosing one is not a one-size-fits-all process. The best area for you depends on your resources, goals, and preferences. Plus, each area has its pros and cons. Luckily, you don’t have to go it alone. If you’re ready to buy your first (or next) investment property, here are 3 steps to get started today:
- Subscribe to our podcast: The Evernest Real Estate Investor Podcast—for all things real estate investing, being a landlord, growing your portfolio, and more.
- Find a property: Make sure you sign up for our Pocket Listings to get notified of all the deals that come across our desk daily.
- Get an investor-friendly agent: We can help with that—we would love to help you buy your next rental property investment.