Navigating Atlanta’s Housing Affordability in 2025: A Buyer & Renter’s Guide
Atlanta’s housing market continues to evolve, with affordability becoming a growing concern for many buyers and renters. While home prices remain elevated, opportunities still exist for those who know where to look and how to navigate the market strategically.
As of early 2025, new construction homes in Metro Atlanta have a median price of $470,000, while existing homes are averaging $376,000—a significant price gap that leaves many first-time buyers searching for alternatives. Additionally, Atlanta lost over 230,000 affordable housing units between 2018 and 2023, making it even more challenging to find budget-friendly options.
However, with the right approach, buyers and renters can still secure housing that fits their needs. Let’s break down the best strategies for affordability in Atlanta.
For Buyers: Where to Find Affordable Homes in Atlanta
While some intown neighborhoods have seen skyrocketing prices, several communities still offer affordability and potential for growth.
1. Look Beyond the Trendy Hotspots
While neighborhoods like Kirkwood and East Atlanta Village are vibrant, their rising home prices make them less feasible for budget-conscious buyers. Instead, consider:
Lakewood Heights – A hidden gem on Atlanta’s south side, with median home prices under $300K.
Westview – A rapidly growing area with BeltLine access, where homes are still available in the mid-$300Ks.
Pittsburgh – A historically significant neighborhood near downtown, where prices remain below the citywide median.
2. Take Advantage of Down Payment Assistance & First-Time Buyer Programs
Atlanta offers several programs to make homeownership more accessible:
Georgia Dream Homeownership Program – Provides up to $10,000 in down payment assistance for eligible buyers.
Invest Atlanta Homebuyer Programs – Grants and forgivable loans to help with closing costs and down payments.
3. Consider Older Homes Over New Construction
With new builds averaging nearly $100K more than existing homes, choosing a well-maintained older home can be a smart way to save money. Many areas, such as Adamsville and Venetian Hills, offer charming mid-century homes under $350K.
For Renters: Finding Affordable Housing in Atlanta
Atlanta’s rental market has remained competitive, but some strategies can help renters find budget-friendly options.
1. Look to Suburban Areas with MARTA Access
Rents inside the Perimeter (ITP) continue to rise, but nearby suburban areas offer affordability while keeping you connected to the city:
Forest Park – Just south of Atlanta, with 2-bedroom apartments averaging $1,200/month.
Doraville – A growing international community with lower rents and direct MARTA rail access.
Lithonia – Further east but offering affordable townhomes and apartments with easy highway access.
2. Consider Shared Housing or ADUs
Accessory Dwelling Units (ADUs) and shared housing options (such as renting a basement apartment in a single-family home) can be a more affordable way to live in desirable areas like Decatur or East Point without paying premium prices.
3. Apply for Affordable Housing Programs
The city is investing in more affordable housing initiatives, including:
Atlanta Housing Choice Vouchers (Section 8) – Assists low-income renters with monthly rent payments.
PAD Atlanta (Partners for Affordable Development) – Works with developers to create more affordable rental units in the city.
Final Thoughts: Affording Atlanta in 2025
While affordability challenges persist, Atlanta still offers opportunities for buyers and renters willing to explore alternative neighborhoods, financing options, and housing programs.
If you're ready to buy, sell, or rent in Metro Atlanta, Kristen Johnson Real Estate is here to help. With expert local knowledge and a passion for helping clients find the perfect home, we’ll guide you through the process with confidence.
📞 Contact Kristen Johnson Real Estate today for a personalized home search strategy!