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Introduction

Apartment occupancy in Atlanta stands now at a post-recession high, as accelerating momentum in employment growth bolsters area demand. These gains can be traced to an expansion of mid- to high-paying jobs concentrated around Atlanta’s Downtown/Midtown, Buckhead and northern suburban markets. Apartment construction activity in these neighborhoods continues to pick up in response.

LIVING IN APARTMENTS

Renting can be smart choice for a wide range of individuals and families across all income levels. That’s why a diverse array of people call apartments home.

Apartment Residents
787,657
Spending Power
$5,403,544,175
Direct Jobs Supported
45,722
Total Economic Contribution
$10,947,580,498
Total Jobs Supported
120,349
Married couple with no children
9%
Married couple with children
10%
Single Individual living alone or with roommates
61%
Single Parent
19%
1 Person Household
47%
2 Person Household
26%
3 Persons or More in Household
27%
14%

of population lives in apartments

Managing Apartments

Occupied Apartment homes are economic engines, driving dollars and jobs that strengthen local communities.

Total Occupied Apartment Homes
402,353
Operation Dollars Spent
$1,276,244,277
Direct On-site Jobs
8,887
Total Economic Contribution
$2,507,615,805
Total Jobs Supported
21,927
5 to 9 apartment homes per building
28%
10 to 29 apartment homes per building
34%
20 to 49 apartment homes per building
15%
50 apartment homes per building or more
23%

Building Apartments

Apartment construction continues as a bright spot in the economy, helping lead the housing recovery.

Construction Dollars Spent
$765,394,285
Direct Jobs
4,898
Total Economic Contribution
$1,706,446,557
Total Jobs Supported
15,618
Apartments Built 1959 or earlier
5%
Apartments Built 1960 to 1979
23%
Apartment Built 1980 - 1999 Apartments
44%
Built 2000 or Later
27%
35%

Multifamily Percentage of Total Building Permits