Zumper: Rents up in Atlanta

by Timothy Inklebarger

Median rents for both one- and two-bedroom apartments across the nation grew by 0.3 percent in February, according to a report by online rental listing service Zumper.

The bump in rents put the median cost of a one-bedroom apartment at $1,220 and of a two-bedroom apartment at $1,464.

Year-over-year, the median price of a one-bedroom apartment was flat, while two-bedroom apartments were up 0.7 percent.

Atlanta more than doubled the national trend in February, with rents rising 0.7 percent to $1,430 for a one-bedroom. The median price of two-bedroom apartments increased even more, jumping 1.7 percent for the month to $1,820.

Year-over-year, the median rent was down 4 percent for a one-bedroom apartment and down 3.2 percent for a two-bedroom.