In Atlanta, the rental prices for apartments by unit type are as follows: studio $1,450–$1,600, 1-bedroom $1,650–$1,750, 2-bedroom $2,000–$2,150, and 3-bedroom $2,450–$2,600. From my long observation of this market, it used to be that 2-bedrooms were the center of the rental market, but now the proportion of 1-bedrooms has significantly increased.

Studios range from 500 to 550 square feet and are concentrated in Midtown and Downtown office areas. Studios were rare in the past, but over the last decade, the supply has increased as the population of young singles has grown.

1-bedrooms are about 750 to 800 square feet. Atlanta is a city with a high influx of IT and finance professionals, so remote workers and young professionals tend to seek out 1-bedrooms the most.

2-bedrooms are approximately 1,100 to 1,150 square feet, catering to roommate shares and small families. In the past, 2-bedrooms were the basic choice for newlyweds, but now the proportion of roommate shares has noticeably increased due to rental burdens.

3-bedrooms are around 1,350 to 1,400 square feet, primarily chosen by families with two or more children or Korean households that prioritize school districts.

• Studio: $1,450–$1,600/month, 500–550 sqft
• 1-bedroom: $1,650–$1,750/month, 750–800 sqft
• 2-bedroom: $2,000–$2,150/month, 1,100–1,150 sqft
• 3-bedroom: $2,450–$2,600/month, 1,350–1,400 sqft

Observing the supply side for a long time reveals a clear trend. In the past, many 3-bedrooms were built primarily in suburban complexes, but now most new constructions are focused on 1-bedrooms and studios. This can be seen as a change brought about by increased high-density development in urban areas.

The rental gap between units increases by $200–$450 for each additional bedroom, with the gap widening further down the line. This is interpreted as being related to the relatively reduced supply of 3-bedrooms.

One point I would like to emphasize to Korean households is that if prioritizing school districts, they should first look at suburban areas like Dunwoody or Johns Creek, where 3-bedroom supplies are concentrated. Conversely, for single households with jobs in the city, a 1-bedroom seems to be a reasonable choice in many ways. Even as times change, the basics of weighing rental costs and commuting distances remain the same.