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Best Areas in Atlanta for Airbnb Investment

Post author By Ramon Meris
Post date April 27, 2023

Best Areas in Atlanta for Airbnb Investment: Get the best areas in Atlanta for Airbnb Investment from this article guided by short-term rental data analytics.

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Get the best areas in Atlanta for Airbnb Investment from this article guided by short-term rental data analytics.

August 17, 2023

Key Takeaways

Before buying rental property in Atlanta, it is best to know the profitability of its Airbnb market. Such a market can be broken down into smaller ones for you to analyze further the numbers.
Learn the tools that can help you find the best Atlanta real estate investing leads for your next Airbnb venture.

Introduction

If you’re wondering about the best places for Airbnb investments in Atlanta, then wonder no more! By using short-term rental analytics, we can easily find the Airbnb markets that offer the highest gross rental yields.

How profitable are Atlanta investment properties? Read on to find out. We’re not pulling data out of thin air – we based them using accurate short-term rental analytics!

Can I Airbnb my apartment in Atlanta GA?

You can definitely Airbnb your apartment and make your property among 4,491 listings in Atlanta! You just need to register your property in accordance with the local ordinance on short-term rentals. To start your Airbnb in Atlanta, you can register via this gateway and pay the $150 application fee.

How much do Airbnb hosts make in Atlanta?

An Airbnb host with a one-bedroom property can earn $28,400 annually. Using Airbtics, we find out that they can charge a nightly rate of $117 for the said property size, which has an average occupancy rate of 59%.

Source: Airbtics Dashboard

Best Atlanta Neighborhoods for Airbnb Investment

With its revenue heatmap, Airbtics’ Insights Tool can help you see the profitable areas in your chosen neighborhood. Be guided with this as you drag the map: the redder the dots, the more profitable they are!

Once a place has enticed you, you can then create a custom market to see further its relevant data. Following these easy steps, we have learned that the following neighborhoods are the best for Airbnb investments in Atlanta:


Location	Number of Airbnb Listings	Best Number of Bedrooms	Median Property Price	Airbnb Annual Revenue	GRY
Midtown	433	2 Bedrooms	$249,000	$55,433	22.26%
Downtown	582	2 Bedrooms	$195,000	$36,455	18.69%
Inman Park	74	1 Bedroom	$325,000	$38,457	11.83%
Cabbagetown	47	3 Bedrooms	$655,000	$112,640	17.08%
Summerhill	68	3 Bedrooms	$365,000	$59,259	16.24%

Airbnb Location

Airbnb Dataset

Midtown

Airbnb listings: 433
Best bedroom size: 2 bedrooms
Property price: $249,000
Airbnb annual revenue: $55,433
Gross rental yield: 22.26%

Downtown

Airbnb listings: 582
Best bedroom size: 2 bedrooms
Property price: $195,000
Airbnb annual revenue: $36,455
Gross rental yield: 18.69%

Inman Park

Airbnb listings: 74
Best bedroom size: 1 bedroom
Property price: $325,000
Airbnb annual revenue: $38,457
Gross rental yield: 11.83%

Cabbagetown

Airbnb listings: 47
Best bedroom size: 3 bedrooms
Property price: $655,000
Airbnb annual revenue: $112,640
Gross rental yield: 17.08%

Summerhill

Airbnb listings: 68
Best bedroom size: 3 bedrooms
Property price: $365,000
Airbnb annual revenue: $59,259
Gross rental yield: 16.24%

Source: Airbtics Dashboard

What are the most popular areas for Airbnb near Atlanta?

If you are not too keen on investing in Atlanta, you can always try to look beyond this city. Airbtics’ Discovery tool can give you nearby profitable Airbnb markets after you type in the city of your choice. With advanced filters, here are the cities near Atlanta that give the highest gross rental yields:


Location	Number of Airbnb Listings	Best Number of Bedrooms	Median Property Price	Airbnb Annual Revenue	GRY
Birmingham, AL (139 mi away)	573	2 Bedrooms	$65,396	$33,340	50.98%
Savannah, GA (225 mi away)	2,452	4 Bedrooms	$366,519	$155,416	42.4%
Augusta, GA (136 mi away)	801	3 Bedrooms	$161,919	$50,357	31.1%
Columbia, SC (200 mi away)	441	2 Bedrooms	$132,023	$33,586	25.44%
Athens, GA (60 mi away)	632	3 Bedrooms	$278,335	$70,370	25.28%

Airbnb Location

Airbnb Dataset

Birmingham, AL

Distance from Atlanta: 139 miles
Airbnb listings: 573
Best property size: 2 bedrooms
Median Property price: $65,396
Airbnb annual revenue: $33,340
Gross rental yield: 50.98%

Savannah, GA

Distance from Atlanta: 225 miles
Airbnb listings: 2,452
Best property size: 4 bedrooms
Median Property price: $366,519
Airbnb annual revenue: $155,416
Gross rental yield: 42.4%

Augusta, GA

Distance from Atlanta: 136 miles
Airbnb listings: 801
Best property size: 3 bedrooms
Median Property price: $161,919
Airbnb annual revenue: $50,357
Gross rental yield: 31.1%

Columbia, SC

Distance from Atlanta: 200 miles
Airbnb listings: 441
Best property size: 2 bedrooms
Median Property price: $132,023
Airbnb annual revenue: $33,586
Gross rental yield: 25.44%

Athens, GA

Distance from Atlanta: 60 miles
Airbnb listings: 632
Best property size: 3 bedrooms
Median Property price: $278,335
Airbnb annual revenue: $70,370
Gross rental yield: 25.28%

Yarmouth

Total Number of Airbnb Listings: 51
Best bedroom size: 2 bedrooms
Median property price (2 bedrooms): C$264,900
Airbnb Annual revenue: C$28,444
Gross rental yield: 10.74%

Source: Airbtics Dashboard

Conclusion

These figures help you get closer to financial stability – because admit it: we all want to make the most out of our hard-earned money. By using short-term rental analytics, all figures that we can get to help us reach the most profitable investment decisions become available to us. It can even expand our prospective markets for us to see more investment opportunities.

Curious if you’re maximizing your Airbnb revenue? Then check out this Free Airbnb Profit Calculator!

Explore The Most Profitable Airbnb Locations in Atlanta and Nearby Cities!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Case Studies

Short Term Rental vs Long Term Rental in Atlanta

Post author By Ramon Meris
Post date April 14, 2023

short term rental vs long term rental in Atlanta

Key Takeaways:

For traditional landlords in Atlanta who want to up their rental collection, short-term rentals are a way to go. But for it to work, Airbnb hosts also need to do their part. If you’re already a short-term rental operator, incorporating data analytics into your strategy will give you a ton of insights when it comes to charging a nightly rate.

Introduction

Pundits have declared that the 2023 recession is inevitable. As someone who owns one or several rental properties in Atlanta, you are surely restrategizing to make the most out of your real estate investments. Economic experts from the University of Georgia vouch for the strength of the state’s economy that it will even outperform the nation this year. While this is positive news, converting your rental property – from short-term to long-term, or vice versa – still crosses your mind. So, we’re here to guide you through.

Whether you own a short-term or long-term rental property in Atlanta, this article is for you! We believe that economic analysts should not be the only people who have access to numbers. You too can make sound investment decisions in the upcoming recession by relying on easy-to-use data analytics.

Differences between Short Term Rental Vs Long Term Rental

Let’s first distinguish one from the other. As we all know, long-term rentals have been a traditional form of housing. They are offered to tenants who choose to reside on a property for at least 6 months with a binding lease agreement. Property owners decide to collect a higher rent than the mortgage to generate monthly income that remains unchanged regardless of the ever-changing economic circumstance.

On the other hand, the setup for a short-term rental is renting out a property to visitors or guests for a very short period. It works pretty much like hotels where guests can stay in for only a couple of days. This can viably extend to weeks or even months. Short-term rentals offer a cozy atmosphere as well as significantly cheaper nightly rates compared to hotels. This is why guests keep coming back to short-term rentals.

Since short-term rentals have become widely used all over the world, rental arbitrage is another popular trend. It has given a lot of nonproperty owners a steady stream of passive income by simply re-renting a unit and listing it on Airbnb, VRBO, or HomeAway. This is a wise, effective, and legal income-generating hustle. Just imagine having a side income from a property that you do not own.

If you’re interested in having another stream of income via real estate without spending a fortune, here’s everything you need to know about rental arbitrage.

Rental Regulations in Atlanta

Atlanta Long-Term Rentals

The State of Georgia compels the landlords to shoulder the cost of repairs during the lease unless the tenants are directly responsible for the damage. Any failure on the part of the landlord to immediately repair such damages that result in injury qualifies for a lawsuit. Check this handbook for more information about Atlanta long-term rental regulations.

Atlanta Short-Term Rentals

Hosts are required to secure Short-Term Rental Licenses from the local government of Atlanta and pay $150 annually. You may register via this portal. Please note that you can have only two Airbnb units in Atlanta, one of which should be your primary residence.

Advantages of Long-Term Rentals in Atlanta:

Below are the advantages of operating a long-term or traditional rental property in Atlanta:

High urban population – Atlanta is home to 4.5 million residents, making it 9th largest city by urban population in the United States.
A steady stream of income – You are ensured to have a steady and regular monthly income immune to erratic economic conditions. The average monthly rent in Atlanta is $2,180.
Steady operating costs – You do not need to shell out money upfront for furnishings since the tenants will most likely have their own.
Laid-back management – You will have less interaction with your tenants, and you do not need to be hands-on with managing your property. This is risky, however, since damages on the property can get worse if they’re left unattended.

Advantages of Short-Term Rentals in Atlanta:

On the other hand, here are perks that short-term rentals can offer to Airbnb hosts in Atlanta:

Low seasonality rate – Airbtics Dashboard shows that Atlanta has a very seasonality rate of just 41%. This means that cash flow is just as stable and does not get affected by the changing events or seasons in Atlanta.
Flexible pricing – You can adjust the nightly rate depending on seasonality or market demand.
Experience managing the property – Building connections with people by hosting different guests. If this is not your thing, you can still manage the property remotely via automated management tools.
Feel more control over the property – Since guests only stay in for a limited time, you can easily make changes to your property. Without getting worse, any damages can be repaired in no time and also be covered by Airbnb insurance.

Do you make more money on Airbnb or long-term rentals in Atlanta?

Airbtics data shows that you can earn more from an Airbnb in Atlanta! A 1-bedroom property on Fairmont Avenue can earn a monthly rent of $1,861 or an annual rent of $22,332. But this figure can still increase via Aibnb! In fact, 1-bedroom short-term rentals in the same area earn an annual revenue of $25,613 from a nightly rate of $107 with an average occupancy rate of 49%.

Short-Term Rental Markets in Atlanta

We already have an idea of short-term vs long-term rental income in Atlanta. Airbnb is the way to go. Atlanta is already a rental market – and a very huge one at that. Thus, it’s understandable why it is one of the USA’s top STR cities this 2023. But what landlords do not know is Atlanta can be broken down into smaller markets where you can monitor your closest competitors.

It just so happens that Airbtics has this innovation that allows users to create a Custom Market. From 970 Airbnb listings in Atlanta, let us now dive deep into the top rental markets in the city and learn the best property features with the highest occupancy rate and corresponding annual revenue:

1. Midtown

Existing Airbnb listings: 468
Average daily rate: $142
Airbnb occupancy rate: 67%
Airbnb annual revenue: $39,285
Best property size: 3 bedroom
- Occupancy rate: 73%
- Annual revenue: $78,642

2. Hotel District

Existing Airbnb listings: 426
Average daily rate: $127
Airbnb occupancy rate: 58%
Airbnb annual revenue: $31,020
Best property size: 2 bedrooms
- Occupancy rate: 57%
- Annual revenue: $38,349

3. Inman Park

Existing Airbnb listings: 77
Average daily rate: $158
Airbnb occupancy rate: 68%
Airbnb annual revenue: $44,335
Best property size: 2 bedrooms
- Occupancy rate: 71%
- Annual revenue: $58,261

As you make use of the game-changing Airbtics Custom Market, feel free to draw your own “Atlanta Rental Market” as it is not limited by geographical boundaries. The only limit, however, is showing you a maximum of 20,000 Airbnb listings within your own market.

Maximize Your Rental Income

Every investor wants to get the most out of their investment This is understandable because their capital can be a few hundred thousand to even a million dollars. Real estate investments can be a bit tricky since there’s really nothing much that you can do with the property. Instead, homeowners can strategize their rental business for their financial freedom to be unscathed in the upcoming economic recession. This can allow homeowners not only to keep but also increase their market rent in Atlanta.

For traditional landlords who want to up their rental collection, short-term rentals are a way to go. But for it to work, Airbnb hosts also need to do their part. If you’re already a short-term rental operator, incorporating data analytics into your strategy will give you a ton of insights when it comes to charging a nightly rate. As we have seen, Airbtics can provide us with macro and micro views of rental markets for you to arrive at a data-driven decision!

Take your Airbnb to the next level, try this powerful Short-Term Rental Profit Calculator!

Be on Top of the Atlanta Airbnb Market &
Make Your Property Investment Recession Ready!

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Airbnb Investment All About Airbnb

Investing in Property for Sale: How to Buy A Profitable Property for Airbnb in Atlanta City Centre

Post author By Robyn Peña
Post date November 28, 2022

airbnb property for sale Atlanta City Centre

Atlanta is a city that’s simultaneously known for its rich history and influence on the future. Aside from being the birthplace of Civil Rights leader Martin Luther King Jr. and other political concerns, Atlanta has a lot of fascinating attractions for all sorts of travelers.

If you are looking to invest in a property where you can maximize profitability in Atlanta, then now is the right time to do so! Based on Zillow’s home value index as seen on Atlanta’s real estate market, the home values in the city have gone up 27% over the last twelve months. Despite this, Atlanta remains to be a seller’s market.

.
“In October 2022, Atlanta home prices were up 10.6% compared to last year, selling for a median price of $439K.”
Source: Atlanta Housing Market Trends

Airbnb occupancy rates by city declare that an average host in Atlanta can earn up to $37,332 during the peak seasons of June – August. With over 7,041 Airbnb listings in Atlanta, it’s certainly a catch for property investors!

Here’s an interesting fact: One of the Airbnb hosts featured in our podcast, Into The Airbnb, declares that he earns an average of $35,000 annually with a 1-bedroom and 1-bath unit in Atlanta. Listen for more Airbnb hosting tips in Atlanta:

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Is Property Investment Profitable in Atlanta City Centre?

Atlanta home values have gone up 28.6% over the last twelve months and there is a wide variety of profitable property investments offering higher yields. Using an Airbnb calculator, it was discovered that a 2-bedroom apartment in Atlanta City Centre can generate an annual revenue of $34,534 with a steady occupancy rate of 50% and a nightly rate of $159.

Disclaimer: The properties featured in this article are indicated as examples and there is a possibility that they have already been sold and removed from the website's listings.

airbnb property for sale Atlanta City Centre

Profitable Properties for Sale in Atlanta City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Some of the cheap houses for sale in Atlanta are Buckhead, Princeton Lakes, and Cabbagetown. Here are some of the profitable properties in Atlanta City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

Cato St NW Atlanta, GA 30318 Grove Park

1. Studio-type Property for Sale Atlanta
Only a short drive to downtown Atlanta

Asking Price: $59,000

GROSS RENTAL YIELD	25.83%
ANNUAL REVENUE	$15,241
CASH ON CASH RETURN	51.73%

636 North Ave #13-H, Jonesboro, GA 30236

2. 1-Bedroom Property for Sale Atlanta
Near Forest Park

Asking Price: $63,000

GROSS RENTAL YIELD	24.41%
ANNUAL REVENUE	$15,376
CASH ON CASH RETURN	47.45%

636 North Ave #6C, Jonesboro, GA 30236

3. 2-Bedroom Property for Sale Atlanta
1.1 miles to Lee Street Elementary School

Asking Price: $75,000

GROSS RENTAL YIELD	24.72%
ANNUAL REVENUE	$18,541
CASH ON CASH RETURN	48.40%

3475 Shepherds Path, Decatur, GA 30034

4. 3-Bedroom Property for Sale Atlanta
0.6 miles to Bob Mathis Elementary School

Asking Price: $109,000

GROSS RENTAL YIELD	24.17%
ANNUAL REVENUE	$26,340
CASH ON CASH RETURN	46.73%

1214 Hiawatha Ln, Austell, GA 30168

5. 4-Bedroom Property for Sale Atlanta
1 miles to Austell Elementary School

Asking Price: $169,900

GROSS RENTAL YIELD	24.08%
ANNUAL REVENUE	$40,920
CASH ON CASH RETURN	46.49%

Conclusion

Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Atlanta such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property.

Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions!

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

Tags Airbnb Investments, lat_33.7489924, lng-84.3902644

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Introduction

Can I Airbnb my apartment in Atlanta GA?

How much do Airbnb hosts make in Atlanta?

Best Atlanta Neighborhoods for Airbnb Investment

What are the most popular areas for Airbnb near Atlanta?

Conclusion

Quick Links

Quick Links

Key Takeaways:

Introduction

Differences between Short Term Rental Vs Long Term Rental

Rental Regulations in Atlanta

Atlanta Long-Term Rentals

Atlanta Short-Term Rentals

Advantages of Long-Term Rentals in Atlanta:

Advantages of Short-Term Rentals in Atlanta:

Do you make more money on Airbnb or long-term rentals in Atlanta?

Short-Term Rental Markets in Atlanta

1. Midtown

2. Hotel District

3. Inman Park

Maximize Your Rental Income

Be on Top of the Atlanta Airbnb Market & Make Your Property Investment Recession Ready!

Is Property Investment Profitable in Atlanta City Centre?

Profitable Properties for Sale in Atlanta City Centre

Conclusion

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Be on Top of the Atlanta Airbnb Market &
Make Your Property Investment Recession Ready!