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Georgia
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VACANCY
Apartment
The average Vacancy Rate was 8.6% in the Atlanta metro
- No vacancy change since year-end 2024 in the Atlanta metro.
- The Atlanta metro was among the 10 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 7.9% in the Atlanta metro
Flex / R&D
The average Vacancy Rate was 4.0% in the Atlanta metro
- The Atlanta metro had the ninth lowest vacancy in the nation and the fifth lowest in the South Atlantic.
- Vacancy in the Atlanta metro drifted downward by 20 basis points.
Office
The average Vacancy Rate was 20.3% in the Atlanta metro
Retail
The average Vacancy Rate was 10.2% in the Atlanta metro
RENT
Apartment
The average Asking Rent was $1,620 in the Atlanta metro
Distribution / Warehousing
The average Asking Rent was $5.89 in the Atlanta metro
- Rent in the Atlanta metro was up 0.3% from year-end 2024.
- Rent has risen in every quarter since Q1 2012 in the Atlanta metro.
Flex / R&D
The average Asking Rent was $9.05 in the Atlanta metro
- Rent in the Atlanta metro was up 0.6% from year-end 2024.
- Rent has risen in every quarter since year-end 2018 in the Atlanta metro.
Office
The average Asking Rent was $28.44 in the Atlanta metro
Retail
The average Asking Rent was $19.59 in the Atlanta metro
VACANCY
Apartment
The average Vacancy Rate was 6.6% in the Chattanooga metro
- Vacancy in the Chattanooga metro rose by 70 basis points.
- The Chattanooga metro had the highest vacancy level since Q2 2020.
Office
The average Vacancy Rate was 20.6% in the Chattanooga metro
Retail
The average Vacancy Rate was 12.1% in the Chattanooga metro
- Vacancy in the Chattanooga metro drifted upward by 20 basis points.
- The Chattanooga metro had the highest vacancy level since Q1 2021.
RENT
Apartment
The average Asking Rent was $1,271 in the Chattanooga metro
Office
The average Asking Rent was $17.77 in the Chattanooga metro
Retail
The average Asking Rent was $13.16 in the Chattanooga metro
- The Chattanooga metro had the sixth fastest rent growth in the nation, and the second in the South Atlantic region, behind only Knoxville.
- Chattanooga metro had its fastest rent rate of increase in six quarters.
- Rent Has risen for seven consecutive quarters in the Chattanooga metro.
VACANCY
Apartment
The average Vacancy Rate was 8.0% in the Greenville metro
- Vacancy in the Greenville metro drifted downward by 10 basis points.
- The Greenville metro was among the 20 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 11.9% in the Greenville metro
- Vacancy in the Greenville metro increased by 300 basis points.
- The Greenville metro was among the 10 highest vacancies nationally.
Office
The average Vacancy Rate was 22.1% in the Greenville metro
Retail
The average Vacancy Rate was 10.3% in the Greenville metro
RENT
Apartment
The average Asking Rent was $1,254 in the Greenville metro
- The Greenville metro had the fastest rent growth in the South Atlantic region, fourth most rapid in the nation.
- Greenville metro had its fastest rent rate of increase in seven quarters.