• Atlanta property owners renting out their homes for profit

    Atlanta Among Top Cities For Property Owners Renting Out Their Homes

    2 Min Read

    Atlanta, Georgia, is one of the top cities for rental homes, according to a recent Zillow study.

    The findings indicate that although property values are causing a rise in taxes, homeowners are increasingly renting their homes for more than their monthly mortgage payments to make ends meet.

    Study: More Atlanta Property Owners Renting Out Homes

    The study also shows that Atlanta continues to be a top draw for renters looking for a large metropolitan cities with modern amenities and plentiful jobs. 

    Despite the “We Full” moniker, Atlanta consistently pulls in migrants from across the country due to its relative affordability. That offers property owners an opportunity to make some money on their residences.

    Here are the top metro areas where property owners are renting out their homes.

    Top U.S. Cities For Renting Out Properties 

    Metro Area

    Size
    Rank

    Typical
    Rent

    Typical Monthly Mortgage
    Payment3

    $ Difference Between Rent and
    Mortgage2

    Memphis

    41

    $1,504

    $948

    $556

    Miami

    8

    $2,249

    $1,727

    $522

    Atlanta

    9

    $1,787

    $1,363

    $424

    Birmingham

    49

    $1,271

    $868

    $403

    Tampa

    19

    $1,819

    $1,435

    $384

    Indianapolis

    33

    $1,375

    $1,044

    $331

    Orlando

    27

    $1,758

    $1,444

    $314

    Charlotte

    24

    $1,628

    $1,339

    $290

    Oklahoma
    City

    42

    $1,210

    $931

    $279

    Detroit

    12

    $1,387

    $1,119

    $268

    Last Thoughts

    A Pew Research Center study says,70% of rental properties in the United States are owned by individuals rather than companies. That means that Americans see the value in turning their residences into wealth generators.

    But property owners have been careful not to overdo it. These individuals typically own one or two properties, according to the study. 

    Are you interested in making money off where you live? Here’s how to rent out your home for profit.

    Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.

    Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.

    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    See The Latest Atlanta Real Estate News At AtlantaFi.com.

    More Articles From AtlantaFi:

    Comments Off on Atlanta Among Top Cities For Property Owners Renting Out Their Homes
  • women homeownership in Atlanta, Georgia

    Report: Woman Buying Power Has Increased 4.5% In Atlanta

    2 Min Read

    Single women have made some serious strides toward homeownership in the last 15 years, according to a recent report from Zillow.

    The real estate platform says the share of female renters who can afford a home has increased in 37 of the top 50 metros that Zillow analyzed, including Atlanta.

    Women See Increased Buying Power In Atlanta, Says Report

    The metro areas with the highest single female buying power rates are:

    • Cleveland (29.5%)
    • Cincinnati (26.9%)
    • Atlanta (25.1%)

    As great as the progress for women has been, none of the metropolitan areas analyzed by Zillow show them having more purchasing power than men.

    For the most part, the challenges of getting equitable pay, affordable child care and other benefits, continue to play a role in gender disparities, according to Zillow.

    Here are some key findings about Atlanta:

    • 25.1% of single women renters can afford a home in Atlanta. That’s 7.9% their male counterparts.
    • Single female buying power increased  4.5% since 2005.
    • The gap between single men and women buying power has increased 4.5% over the past 15 years.

    Zillow also estimates that nearly 2 million renter households could afford homeownership if given the flexibility to work from home and move into starter homes in cheaper locales.

    Are You Saving For A Home?

    Although homeownership is on the rise among women in Atlanta, many still aren’t in a position to afford it.

    As many businesswomen that the city produces, it seems just as many of them aren’t able to get ahead.

    Because you’ll need to save money incrementally, it’s good to put together a plan to set cash aside each month. How much should you save? It depends.

    Looking for a new house? Here’s how to save for a home.

    Final Words

    Homeownership is one of the best purchases an American can make. In Atlanta, women are making strides in that regard.

    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    More Articles From AtlantaFi:

    Comments Off on Report: Woman Buying Power Has Increased 4.5% In Atlanta
  • Druid Hills named top livable suburb in America

    Study: This Atlanta Neighborhood Is One Of Nation’s Best Suburbs

    2 Min Read

    A new report lists Druid Hills as one of the nation’s best suburbs based on several economic factors including household income, house prices and more.

    Now, while it’s certainly a nice enclave that people want to live in, Druid Hills is not really a suburb, but we’ll take it.

    Home lending site RenoFi analyzed more than 600 suburban areas in the United States to arrive at its list. The criteria used in the study are:derived from eight livability factors that would make the destination more livable.

    In addition to home prices, some of the factors included:

    • Crime rate
    • Unemployment ratio
    • Property taxes
    • Clinician to patient ratio

    Let’s look at the numbers:

    Here Are The Most Livable Cities In The USA

    Rank

    Suburb

    City

    Population

    Median household income

    Median household income growth

    Median house price

    Median house price growth

    Overall livability score /10

    1

    Druid Hills

    Atlanta

    8,365

    $123,405

    31.10%

    $573,400

    15.60%

    7.6

    2

    Falls Church

    Washington, D.C.

    14,128

    $124,796

    8.71%

    $757,300

    2.06%

    7.57

    3

    Pimmit Hills

    Washington, D.C.

    6,223

    $131,118

    14.80%

    $612,900

    16.60%

    7.52

    4

    Melrose

    Boston

    28,113

    $103,743

    11.00%

    $508,700

    9.80%

    7.41

    4

    Pleasant Ridge

    Detroit

    2,431

    $116,583

    14.00%

    $332,900

    12.50%

    7.41

    Another metro Atlanta location makes an appearance in the statistics when it comes to real estate property values. East Point, Georgia is listed 9th when it comes to suburbs with the greatest annual home prices growth.

    East Point, which is about four miles from downtown Atlanta, has some great things to do there.

    You can view the full study here.

    When it comes to a livable area, Atlanta’s neighborhoods have quite a few amenities to chose from. If you like food halls, there’s quite a few as well as the walking space provided by the Beltline.

    Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.

    Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.

    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    More Articles From AtlantaFi:

    Comments Off on Study: This Atlanta Neighborhood Is One Of Nation’s Best Suburbs
  • Where to live in metro Atlanta

    Best Places To Live In Metro Atlanta

    6 Min Read

    There’s more to the Atlanta area than what’s inside the perimeter. If you’re looking for a place to live in Georgia, you might want to consider somewhere in metro Atlanta.

    The metro Atlanta area consists mainly of five counties that make up the bulk of where nearly 6 million people live.

    If you’re thinking about moving to Georgia and looking for an affordable apartment, this article is a resource. But what are some of the best places?

    Apartment Therapy recently listed some of the top spots to reside in the Atlanta area.

    1. Sandy Springs

    Best cities in Georgia: Sandy Springs

    2. Roswell

    best cities in Georgia: Roswell

    3. Johns Creek

    best cities in Georgia: Jones Creek

    4. Alpharetta

    best cities in Georgia: Alpharetta

    Population: 66,255
    Median home listing price: $410,134
    Median monthly rent: $1,895

    5. Marietta

    best cities in Georgia: Marietta

    6. Dunwoody

    best cities in Georgia: Dunwoody

    7. Milton

    Best cities in Georgia: Milton

    Population: 39,217
    Median home listing price: $558,765
    Median monthly rent: $2,095

    8. Peachtree City

    Best cities in Georgia: Peachtree City

    9. Kennesaw

    best cities in Georgia: Kennesaw

    10. Woodstock

    Best cities in Georgia: Woodstock

    Atlanta has so much to do that you need a curated guide to help you sort through it all. Make sure you subscribe to our #ATLHaps newsletter that gives you a weekly tab of Atlanta events you don’t want to miss. 

    Where Do Black Professionals Hang Out In Atlanta?

    Atlanta has been called the black mecca due to its large African-American population. If you’re wondering where many black people in Atlanta hang out, here are some of the nightlife establishments they frequent.

    Revel

    1778 Ellsworth Industrial Blvd NW, Atlanta, GA 30318, (404) 355-6800

    best nightclubs in Atlanta - club Revel

    Revel is one of Atlanta’s hottest clubs, catering to the young millennials looking for a respite from the professional world on the weekends. Every Friday and Saturday, it’s ladies free til 12 am with open bar til midnight as well. Come and see Big Tigger x V103 Dj Pnut on the ones and twos.

    One Google reviewer says: “This is a world-class first-class venue with an excellent light show and definitely an upscale feel I love the fact that you can run into any and everybody from celebrities athletes to your neighbor.”

    Here’s what it’s like inside Club Revel in Atlanta.

    Truth Lounge

    1100 Crescent Ave NE, Atlanta, GA 30309, (404) 262-7112

    best Atlanta nightclubs - Truth lounge
    Photo credit: Youtube

    Truth Lounge is another club on the well-known party strip Crescent Avenue in Midtown. Known for “Krave Saturdays,” Truth Lounge is also a great happy hour option afterwork.

    One Google reviewer says: “Cool spot. Really loud music, maybe too loud. Cool place to bring your friends to dance & smoke a few hookahs(if you’re into that kinda stuff). It can also be a bit crowded.”

    Whiskey Blue

    3377 Peachtree Rd, Atlanta, GA 30326, (678) 500-3190

    Whiskey Blue - Best Atlanta Nightclubs: Info, Address, Reviews, Pics
    Photo caption: Youtube
    Whiskey Blue located in the W Hotel in Buckhead is a cool, hip place for young professionals to gather for an afterwork drink. The rooftop lounge allows you to enjoy a cocktail looking out on the Buckhead skyline.
     
    One Google reviewer says: “The staff is always nice. Really good drinks. Beautiful views. It’s a very small lounge so it gets crowded fast. They recently redesigned the interior. This is a great place to visit for a weekend cocktail or beer after work.”

    Gold Room

    2416 Piedmont Rd NE, Atlanta, GA 30324, (404) 400-5062

    Gold Room - Best Atlanta Nightclubs: Info, Address, Reviews, Pics
    Photo credit: Youtube
    The Gold Room is a favorite spot for visitors looking to experience some authentic Atlanta nightlife. The place can be a bit smokey at times, but the music is on point.
    One Google reviewer says: “he DJ was freaking awesome! I wouldn’t go again without a section. You could barely even make way to the bar. Hookah was great. That “body to body” stuff is not the wave anymore. Other than that, two thumbs up!”

    Club LaCura ATL

    1919 Metropolitan Pkwy SW A, Atlanta, GA 30315, (404) 749-7898

    Club LaCura in Atlanta is one of the best clubs in the city

    Club LaCura is a vibrant “neighborhood” club catering to Zone 3 on Metropolitan Parkway. The club that brings a lot of med-level rappers and entertainers to rock the crowd. If you’re a fan of underground rappers, LaCura often books those types of artists.

    One Google reviewer says: “I am from Jacksonville FL was visiting for my Birthday July 7. This place was the Best they showed so much love to a sister in there. I will definitely recommend anyone to celebrate their whatever in Lacura. Thank you to the Beautifull bar tenders, The DJ you sir who had on the black pants and black n white shirt you yeah you with the dreads omg I can’t stop thinking of you and More importantly thank you Mr. Peewee… Love from DUVALLL Baby.”

    Mansion Elan

     3595 Clairmont Rd, Atlanta, GA 30319, (404) 997-6901

    Mansion Elan - Best Atlanta Nightclubs: Info, Address, Reviews, Pics
    Photo credit: Youtube
     
    Mansion Elan is a relatively new addition to Atlanta’s nightlife, but you should definitely add it to your things to do in Atlanta list. Although they advertise a “free with text” option, it may make you wait in line, but that’s OK. Once inside, you’ll enjoy the vibe.
    One Google reviewer says: “Music Great !!!!! A mix of sounds Grade equipment you can breathe not a smoke-filled environment….. yeah. The renovations are spectacularly beautiful to any clubs from Vegas to Miami recommend this spots.”
     
    Interested in more places to party in Atlanta? Check out these Atlanta clubs.

    Explore Atlanta At Your Own Pace

    First, to find all the good things happening in the city this week, all you have to do is take a look at downtown Atlanta. That’s where some of the best restaurants are as well as where the visitors, namely tourists, are. Downtown Atlanta or Midtown often has something cool going on!

    Are you a beer drinker? You also may want to visit to a craft brewery in the city

      Check out these events in Atlanta today and this week and this weekend:

    Here are more articles from AtlantaFi.com:

    Comments Off on Best Places To Live In Metro Atlanta
  • Foreclosure how to stop in Atlanta, Georgia

    How To Stop A Foreclosure In Georgia

    5 Min Read

    If you’re facing the foreclosure of your home, it can be an anxious time. In Georgia, you have good reason to be. Atlanta also has the fourth-highest share of mortgage delinquencies.

    This article will show you what you need to do to stop a foreclosure in your home in Georgia. 

    What Is The Foreclosure Process?

    The foreclosure process begins when the bank sends you notification that your home will be repossessed in a matter of days. 

    The actual foreclosure typically occurs on the steps of City Hall and is administered by the sheriff of the presiding county of where the property is located.

    For example, to witness or take part in a foreclosure auction in Fulton County, you’d need to be on the Fulton County Courthouse steps as the sheriff’s deputy begins the process by listing properties. 

    By federal law, foreclosure auctions must be advertised in a newspaper of record. That’s why it’s important to check newspaper listings, especially papers that specialize in real estate listings.

    In addition to newspapers, foreclosure listings can also be found:

    • Legal publications
    • Courthouse steps

    Now that you know what to expect at a foreclosure auction, let’s talk about how to avoid it.

    How Can I Stop My Home From Foreclosure?

    Here are some ways you can stop your home from being foreclosed on.

    1. Reach Out To Your Lender

    The #1 way to avoid foreclosure is to contact your lender and see if you can renegotiate your mortgage. This may involve setting up a payment plan to catch up or agreeing to make a balloon payment.

    The lender may have tried to get you to work something out earlier, but now that you’re more motivated, they may be willing to listen to what you have in mind.

    2. Apply For Deferred Payments

    A payment deferral moves your past-due payments to the end of your loan and brings your account current. To qualify for the deferred payment option, you typically have to:

    • Contact your mortgage lender and inquire about deferred payments.
    • Show them that you are able to resume regular payments after the deferred payments process.

    3. Apply For Forbearance

    Sometimes, the lender doesn’t want to grant you deferred payments due to your history. That’s when it’s time to ask about a forbearance plan.

    Many homeowners don’t like forbearance plans because they may typically end with you owing a balloon payment at the end of the process — but it doesn’t have to end that way.

    If you are able to apply and be accepted into a forbearance plan, make sure to tell the lender that you still don’t have the money to make the back payments.

    The lender’s options at this point usually are to grant you a deferred payment plan or let you refinance at a more favorable rate. Let’s talk about that.

    4. Refinance Your Mortgage

    Because lenders ideally don’t want to get stuck with stale properties due to foreclosures, they’d rather you continue to make your mortgage payments. 

    One to ensure that you continue to pay is if you refinance your mortgage. This is a preferable option for lenders who know that homeowners in financial trouble.

    5. Loan Modification

    Similar to a refinance, a loan modification typically lowers your payments so that you can afford to begin paying your mortgage again.

    Even before you miss a payment, a lender usually will be willing to set you up with a loan modification because they know that you’re still interested in paying for your mortgage.

    Lenders don’t mind making loan modifications if they see that you’re sincere about repayment. In many cases, the loan modification amount will include a small fee each month to help the lender recoup what was lost during the months you didn’t pay.

    6. Sell Your Home

    The last resort in many foreclosure cases is for the distressed homeowner to sell their property. While this is not an ideal situation — namely because it may hurt your credit a bit — it is a viable way to get out of a mortgage you’ve fallen behind on.

    If selling your home before it goes into foreclosure is your only option, make sure to try to get rid of it before it officially goes into the foreclosure process. Once a home enters the foreclosure process, the bank is presumed the owner — not you.

    That means you lose all the bargaining power you previously had and you may not see a dime of the money from the sale.

    Final Words

    Foreclosing on a home can be a demoralizing ordeal and is not for the faint of heart, but these things do happen.

    Always try to work with your mortgage lender before you get in arrears so that losing your home is never an option on the table.

    To recap, here are the steps you can take to avoid having your home foreclosed on.

    Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    More Articles From AtlantaFi:

    Comments Off on How To Stop A Foreclosure In Georgia
  • Atlanta foreclosure report

    Atlanta Homeowners Worried About Foreclosing In 2021, Report Says

    2 Min Read

    Atlanta homeowners have the highest anxiety about facing foreclosure going into 2021, according to a new report from RedFin.

    About 3.8% of the city’s property owners are concerned about their mortgages. Atlanta also has the fourth-highest share of homeowners who are delinquent on their mortgage payments (13.5%).

    Atlanta Homeowners Concerned About Foreclosing In 2021

    The high numbers can be attributed to a misconception that Atlantans had over what to do with their mortgages when the COVID-19 pandemic hit.

    “There was a misunderstanding in Atlanta for what the different options are for people in forbearance,” said Atlanta Redfin agent Ronisha Carson. “People didn’t know they could refinance, do a prorated monthly payment or tack it on to the end of their loan.”

    “In my experience selling foreclosed properties, some people don’t take advantage of forbearance because they aren’t educated on what it entails,” said Redfin agent Gina Sapnar. “There are people who are in forbearance who don’t understand how repayment works. For some people payments are tacked on to the end of the loan, but for others it may be a large payment due immediately at the end of forbearance as a lump sum, which could be very tough for people to repay.”

    Wave Of Foreclosures Likely In 2021

    Because many mortgage lenders are ending their assistance programs, RedFin is forecasting a wave of foreclosures in 2021. How bad will it be? Not as bad as the Great Recession of 2009, according to real estate professionals.

    Experts are hoping that federal and state authorities step up this time — not lenders — to buoy homeowners.

    Final Thoughts

    If you’re a homeowner in financial distress, there are some avenues you can take to get assistance. Here are some housing resources you can take advantage of.

    Thinking of acquiring a property in foreclosure? Here’s what you need to know.

    Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    More Articles From AtlantaFi:

    Comments Off on Atlanta Homeowners Worried About Foreclosing In 2021, Report Says
  • Best cheap apartments in Atlanta

    Best Apartments For The Price In Atlanta

    6 Min Read

    So you’re interested in renting an apartment in Atlanta. Although the city is a metropolis, don’t think that means that you have to overpay for a place to live. Since you already know how to find an affordable apartment, this article will show you some prices in Atlanta.

    You should already have in mind how many bedrooms you want and some must-have amenities. You may not know what part of town you want to live in (close to the job?) and that’s OK.

    How Much Is Rent In Atlanta?

    These apartment rentals encompass one-, two- and three-bedrooms so that you can see a variety of what the city has to offer.

    To rent an apartment in Atlanta, it depends on the neighborhood, part of town and how close it is to downtown. In general, you can expect to pay around these prices based on median rates:

    Studio Apartment $1,000 a month
    One Bedroom $1,100 a month
    Two Bedrooms $1,200 a month
    Three Bedrooms $1,300 a month

    Atlanta Apartments For Cheap

    Let’s get started with a look at some apartment prices around Atlanta:

    Arrive Buckhead Apartments

    740 Sidney Marcus Blvd NE, Atlanta, GA 30324 | (866) 590-7274

    Arrive Buckhead Apartments in Atlanta

    Sample Price: $1,165 to $1,235

    Details:

    • The Habersham — 740 sq ft
    • The Lenox— 745 sq ft
    • The Piedmont — 1,130 sq ft

    Here’s what one reviewer says about Arrive Buckhead Apartments: “I usually don’t write reviews. But I did want to share my experience. Even though my roommate and I are still on our search for an apartment. I can say we had a really fun tour experience with Nicole. She was fun. Really nice. We related to her which is important felt like we knew her forever. Definitely a tour that’s unforgettable. She answered all our questions. Location is great. Pricing is pretty good too. Most likely well rent here.”

    Broadway At East Atlanta Apartments

    1930 Flat Shoals Rd SE, Atlanta, GA 30316 | (404) 800-6368

    Broadway at East Atlanta Apartments

    Sample Prices: From $1,009

    Details:

    • One Bedroom, One Bath — 725 sq ft
    • Two Bedrooms, One Bath — 900 sq ft
    • Two Bedrooms, Two Baths — 990 sq ft

    Here’s what one reviewer says about the Broadway In East Atlanta Apartments: “We have lived at the Broadway at East Atlanta for over 4 years & we love it! The staff of the office is amazing, warm and welcoming. (Kayla is amazing!) The actual apartment is perfect for me and my husband and our 2 dogs. Very pet friendly. The property is beautiful and peaceful. I love how I’m so close to everything but still feel perfectly tucked away and private.”

    Glenwood Park Lofts

    390 Stovall St SE, Atlanta, GA 30316 | (404) 627-4390

    Glenwood Loft Apartments in Atlanta

    Sample Price: From $1,204

    Details:

    • One Bedroom, One Bath —721 sq ft
    • Designer Cabinetry
    • Washer & Dryer Included
    • Marble Countertops In select units

    Here’s what one reviewer says about Glenwood Park Lofts: “The ladies in the front office have always done an exceptional job with meeting expectations and resolving issues. I’ve always received a quick response when I requested work orders. I can definitely appreciate the upgraded kitchens, large granite island and wood flooring. Glenwood Park Lofts is diversely occupied & conveniently located to all of your everyday needs. GPL is truly a hidden Gem.”

    Flats At East Atlanta

     2522 Flat Shoals Rd, Decatur, GA 30032 | (404) 400-7281

    Flats at East Atlanta

    Sample Price: $1,025 to $1,325

    Details:

    • Jade: One Bedroom and One Bath — 710 sq ft
    • Ruby: Two Bedrooms and One Bath — 1,150 sq ft
    • Sapphire: Two Bedrooms and One Bath — 1,200 sq ft
    • Diamond: Three Bedrooms and One Bath — 1,325 sq ft

    Here’s what one reviewer says about the Flats at East Atlanta: “Hello, I’m a current resident and have been residing at the complex for two years. The staff is friendly and quickly handle any maintenance request I submit. I truly like the fact they continue to upgrade areas around the complex to keep it modern. The complex is dog friendly and have multiple dog sanitary stations throughout. I highly recommend because of the caring staff and close proximity to East Atlanta Village, City of Decatur and downtown Atlanta for work or social outings.”

    Peachtree Park Apartments

    1000 Peachtree Park Dr NE, Atlanta, GA 30309 | (678) 949-5307

    cheap apartments in Atlanta: Peachtree Park

    Sample Price: Starts at $1,316 for 1BR | $1,504 for 2 BR

    Details: 

    • Tuscan floorplan: 1 Bedroom / 1 Bathroom and 753 Sq. Ft.
    • Maple floorplan: 2 Bedrooms / 2 Bathrooms and 900 Sq. Ft.

    Here’s what one reviewer says about Peachtree Park Apartments: “The location is great! You can tell that Ruqayyah and Grant truly care about their tenants, they are always happy to help you. Service requests are done immediately and correctly. Great place to live.”

    Tuscany At Lindbergh Apartments

     600 Garson Dr NE, Atlanta, GA 30324 |  (770) 261-6379

    Tuscany Apartments in Atlanta

    Sample Price: $1489-$1629

    Details

    900 SF/3rd Floor |Floorplan: Lenox

    Here’s what one reviewer says about Tuscany at Lindbergh Apartments: “Katie is super fast at reaching out and preparing what you need, responsive with trustworthy answers (no beating around the bush-they’re very transparent) , accommodating, and overall sweet! Best customer service I’ve received so far from a complex and I don’t even live here yet!”

    What Is The Cheapest Place To Rent In Atlanta?

    Some of the cheapest places to rent in Atlanta depend on what part of the city they are located.

    Eastside: Atlanta’s east side is its most eclectic side, with affordability woven into the area. However, recent building booms in various pockets are starting to reset price points.

    Westside: The west side of Atlanta is also generally affordable below I-20. As you make your way farther north, you enter West Midtown, which is undergoing heavy development and price increases.

    Southside: The southside of town is generally considered more affordable, especially below Interstate 20 — but there are also upscale properties in the vicinity.

    Northside: Atlanta’s north side is generally the area’s most expensive part of town. Anything near what is considered North Atlanta — Buckhead, Brookhaven, Doraville and Chamblee — will generally cost you more money to rent.

    Atlanta Apartments For Rent For Under $600

    Not everything is above $1,000 around Atlanta. There are some areas where you can really get a cheap apartment for rent.

    If you want to find some Atlanta apartments for under $600, here are several of the best rentals.

    Final Thoughts

    Finding a cheap apartment in Atlanta shouldn’t intimidate you. The key is to do your research. Look up the different school districts and amenities in the various neighborhoods to see if they are places you would like to live.

    Remember when dealing property managers to list your must-haves and stick to them.

    Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

    More Articles From AtlantaFi:

    Comments Off on Best Apartments For The Price In Atlanta
  • How to get rent assistant in Atlanta

    How To Get Rental Assistance In Atlanta

    3 Min Read

    If you need help with your rent in Atlanta, you’re not alone. The COVID-19 pandemic has put millions of Americans in financial distress. But at the very least, you should be able to keep a roof over your head.

    This article is going to show you how to apply for rental assistance in Atlanta. It will also give you some helpful tips on how to avoid eviction.

    How To Apply For Rent Aid In Atlanta

    Like many major metropolitan cities, The City of Atlanta has taken steps to protect its most vulnerable populations from being evicted and ending up homeless during this time.

    The rental assistance program, administered through The United Way Atlanta of Greater Atlanta, provides $22 million from the Coronavirus Relief Fund (CRF) to the Atlanta COVID-19 Emergency Rental Assistance Program.

    First of all, you should know that the City of Atlanta Rental Assistance program provides up to $3,000 in funds to avoid eviction. If you need more than that, you should explore other rental assistance options.

    What Kinds Of Rent Assistance Are Available In Atlanta?

    You may be wondering what kind of assistance is available to tenants in Atlanta. Here are the different types of aid you can get:

    • Rent Payment Assistance
    • Utility Assistance
    • Security Deposit Assistance

    What Are The Eligibility Requirements For Rent Assistance In Atlanta?

    To get help with your rent in Atlanta, there are some eligibility requirements you need to meet before you can apply for consideration. They include:

    • You must be a resident of Atlanta
    • Your gross household income must not be more than 60% of the HUD 2020 Atlanta-Sandy Springs-Roswell, Georgia Metro Area Median Monthly Income Limit as shown in the chart below.
    Household Size Annual AMI (60% of AMI) Monthly Income
    1 $34,740 $2,895.00
    2 $39,729 $3,310.80
    3 $44,700 $3,725.00
    4 $49,620 $4,135.00
    5 $53,640 $4,470.00

    What To Do If You Need Help With Your Application

    If you need help filling out your application or have questions, you can visit http://211online.unitedwayatlanta.org/ to get some assistance. Call 2-1-1 to speak with a live 2-1-1 Community Connection Specialist between the hours of 8 a.m. and 7 p.m. Monday through Friday.

    Final Thoughts

    You should know that you’ll be required to verify your financial situation by providing documents. The whole application process, from beginning to end, should take you about 15-20 minutes to complete.

    At the end of the application you will be required to upload documentation to prove your identity, your income, the loss of income caused by the pandemic and the amount of your need based on past due bills or a move-in deposit. Until that point in the application..

    If you’re interested in finding a place to rent in Atlanta, here are some steps to follow.

    More Articles From AtlantaFi.com:

    Comments Off on How To Get Rental Assistance In Atlanta
  • CommonGrounds Workspace Atlanta

    CommonGrounds WorkSpace Opens In Atlanta

    2 Min Read

    A new workspace, CommonGrounds, recently opened in Atlanta, according to a news release.

    The new 49,506 square-foot office is the company’s first foray on the East Coast.

    Where Is CommonGrounds Workspace Located In Atlanta?

    The CommonGrounds Workspace is  located at 999 Peachtree Street NE. Here’s a map to help you find it.

    “Our Midtown Atlanta workplace meets the needs of companies that are expanding in Atlanta and looking to take advantage of our enterprise-grade Space-as-a-Service platforms,” said Jacob Bates, Chief Executive Office for CommonGrounds Workplace.

    CommonGrounds Workspace is situated in 999 Peachtree, a 28-story building with awesome views of the Midtown Atlanta skyline. Here are some of the amenities included in the building:

    • Roof deck
    • Fitness Center
    • Peachtree Club restaurant

    Some of the best restaurants in Atlanta are located in Midtown. Check out our guide to the best Midtown Atlanta restaurants.

    And don’t miss the best things to do in Midtown Atlanta.

    Atlanta has a lot of inspirational people and AtlantaFi.com is going to introduce you to many of them as well as cool places to go, great restaurants and other ATL happenings.

    Got an event or know of something opening in and around Atlanta? Holla: CJ@AtlantaFi.com. See what’s poppin’ in the ATL! Subscribe to our  news alerts here, follow us on Twitter and like us on Facebook.

    Comments Off on CommonGrounds WorkSpace Opens In Atlanta
  • Moving to Atlanta, Georgia: A Real Estate Guide

    Moving to Atlanta, Georgia: A Real Estate Guide

    6 Min Read

    This article is reprinted with permission from Redfin.com.

    Housing Market Trends

    The median sale price of homes in Atlanta is $322,000, with an average of 50 days on
    the market and homes selling for 2.3% under list price. The typical down payment
    hovers around 12.9 percent. Compare these prices and view trends in the real estate
    industry using the US housing market page. Click here to compare these prices to
    the US Housing Market.

    The Atlanta housing market is considered somewhat competitive, with a Compete Score
    of 59 out of 100 according to Redfin’s Compete Score. Compete Score rates how
    difficult it could be to buy a home in a certain area. In Atlanta, homes sell for about 2%
    below list price and will have a pending offer around 50 days.

    What are the Most Popular Neighborhoods in Atlanta?

    These are the top 10 most popular neighborhoods in Atlanta based on the total views
    from real estate customers over the past year. Read more about the most popular neighborhoods in Atlanta or view homes for sale in each of these neighborhoods below.

    Neighborhood Average Home Price

    Neighborhood Average Home Price
    Buckhead $496K
    Midtown $332K
    Grant Park $480K
    Virginia Highland  $507K
    Inman Park $503K
    West End $293K
    East Atlanta $398K
    Morningside Lenox-Park $601K
    Old Fourth Ward $270K
    Ormewood Park $426K

    What are the Most Affordable Neighborhoods in Atlanta?

    These are the most affordable neighborhoods in Atlanta based on the median home
    price in each area where at least 20 homes have been sold in 2020. Read more about
    the most affordable neighborhoods in Atlanta or view homes for sale in these
    neighborhoods below.

    Neighborhood Median List Price

    Neighborhood Average Home Price
    Pittsburgh $150K
    Southside $149K
    Glenwood Hills $170K
    Venetian Hills $173K
    Glenrose Heights $177K
    Southwest Atlanta $181K
    Sandy Springs $183K
    Collier Heights $200K
    Grove Park $220K
    McAfee $224K

    Which Atlanta School Districts are the Best?

    GreatSchools' Summary Rating calculation is based on four of the school's themed
    ratings: Test Scores, Student/Academic Progress, College Readiness, and Equity. Find
    out more about the themed ratings.

    Elementary School: With a rating of 10/10, Oakhurst Elementary School, located in
    Decatur, is the top elementary school in Atlanta. Oakhurst has 544 students enrolled,
    making up grades preschool through third. Oakhurst has top scores in equity with 9/10,
    and test scores with 10/10.

    Middle school: Inman Middle School, with 1,075 students, grades six through eight,
    holds the number one spot for middle schools in Atlanta with a score of 8/10. Inman
    also has top test scores, rating 10/10.

    High school: Decatur High School, grades 9 through 12, is the number one high school
    in Atlanta, with a score of 10/10 for college readiness, and 9/10 for test scores. Decatur
    High School has a population of 1,339 students.

    Atlanta Employment Information

    Employment Information (March, 2020) Atlanta, GA United States
    Income per Capita $40,595 $31,177
    Household Income $51,701 $57,652
    Unemployment Rate 4% 3.70%
    Recent Job Growth 2.88% 1.59%
    Future Job Growth 46.78% 33.51%

    Living in Atlanta

    What is There to Do and See in Atlanta?

    If you’re moving to Atlanta, you’ll quickly realize that there is no shortage of things to do.
    Whether you’re a history buff, a food connoisseur, a thrill seeker, or simply enjoy the

    outdoors, there’s something for you. Read more about local insights on great
    restaurants, attractions, and outdoor activities.

    Atlanta Attractions

    • Georgia Aquarium: With over 100,000 animals it’s no wonder the Georgia
      Aquarium is considered one of the largest in the United States.
    • High Museum of Art: Founded in 1905 and located in the city’s art district,
      Midtown, the High Museum of Art collection includes over 15,000 pieces.
    • The Zoo Atlanta: Spend the day learning about various animals from all different
      regions of the globe, including the African Elephant, African Lion, Bornean
      Orangutan, and the Clouded Leopard.

    Best Eats in Atlanta

    • Busy Bee Cafe: Located in downtown Atlanta, the cafe has been popular among
      residents since opening in 1947, bringing customers traditional soul food in a
      cozy environment.
    • Southern City Kitchen Midtown: Situate yourself by the fireplace in the 1920s
      bungalow and enjoy the creative approach Southern City Kitchen Midtown takes
      on classic Southern cuisine.
    • Poor Calvin’s: Enjoy thai cuisine with a southern twist at this modern and
      intimate fusion restaurant.
    •  

    Outdoor Activities

    • Atlanta Botanical Garden: Escape the city and visit this 30-acre garden oasis,
      located in the heart of Midtown. Spend time wandering through the different
      gardens, including the Edible Garden, the Lou Glenn Children’s Garden, and the
      Cascades Garden.
    • Centennial Olympic Park: This park dates back to 1996 where spectators of the
      Centennial Olympic Games would gather. You can escape the hustle and bustle
      of the city in this 22-acre park filled with artwork, playgrounds, and fountains.
    • Atlanta Beltline Eastside Trail: Ride your bike or walk along the Atlanta Beltline
      Eastside Trail and take in views of the city, stop and grab a bite to eat at a
      restaurant along the trail, and access several parks easily, including the
      Piedmont Park, Fourth Ward Park, and Inman Park.

    Atlanta Weather Trends

    Type Atlanta United States
    Rainfall 51.5 inches 38.1 inches
    Snowfall 1.4 inches 27.8 inches
    Precipitation 109.3 days 106.2 days
    Sunny 217 days 205 days
    Average July High 88.3° 85.8°

    Average January Low 32.6° 21.7°

    What is Atlanta’s Public Transportation Like?

    Transportation in Atlanta ranks 15th in the country for best public transit systems. There
    are many options for transportation, including by car, MARTA Public Transit System,
    streetcars, rideshare services, walking, and biking. You’re able to find routes and
    information for public transit through the MARTA website, and information for cyclists on
    the Atlanta Bicycle Coalition, site.

    How are the Traffic Conditions in Atlanta?

    Because of the city's growing popularity, Atlanta’s traffic trends have seen better days.
    And, like any bustling city, there are times of the day you’ll want to avoid driving or
    commuting if possible. If not, make sure to plan ahead and be prepared for a slight
    delay. According to TomTom, the best time to avoid commuting on weekdays is 7 a.m.
    to 9 a.m., and 4 p.m. to 7 p.m. Depending on the day of the week, the trends may differ
    slightly. For example, Thursday seems to be more congested from 5 p.m. to 6 p.m. than
    other days of the week. However, no matter the day, the traffic in the evening seems to
    be slightly more congested than during the morning commute.

    Atlanta Moving and Real Estate

    Resources

    Moving Companies: Atlanta Home Movers, Top Dawg Moving, Bring it! Movers, Mark
    and Mover, B&B Movers, Inc..
    Storage Companies: Life Storage, Your Extra Attic, Cross Country Movers, Atlanta
    PRO Moving Services, CubeSmart Self Storage.
    Cable Services: AT&T, Xfinity, HughesNet, Viasat.
    Water and Sewage: Atlanta Watershed Management.

    Comments Off on Moving to Atlanta, Georgia: A Real Estate Guide