Midtown, Atlanta, GA—30309
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Midtown, Atlanta, GA
Home Price Trends — Midtown, Atlanta, GA
As of Oct '25, the median home price in Midtown, Atlanta, GA is $396,000, with a year-over-year change of -4.5%. This indicates that home prices in Midtown, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $396,000 | -4.5% |
| Single Family | $920,000 | 1.8% |
| Condos | $344,000 | -5.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $274,000 | -6.5% |
2 Bed | $427,000 | -4.5% |
3 Bed | $860,000 | -0.5% |
4 Bed | $1,535,000 | 4.3% |
| 5 Bed | $2,211,000 | 1.2% |
% of Housing Stock
Rental Trends — Midtown, Atlanta, GA
As of July '25, Rentcast reports the average rent in Midtown, Atlanta, GA is $2,560, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Midtown, Atlanta, GA is studios: $1,880, 1-bedrooms: $2,180, 2-bedrooms: $3,020, 3-bedrooms: $4,160, 4-bedrooms: $5,040. The most common rental property sizes in Midtown, Atlanta, GA are 1-bedroom and 2-bedroom, accounting for 52.1% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,360 | $2,560 |
| Studio Rent | $1,830 | $1,880 |
| 1 Bed Rent | $2,210 | $2,180 |
| 2 Bed Rent | $2,980 | $3,020 |
| 3 Bed Rent | $4,050 | $4,160 |
| 4 Bed Rent | $5,000 | $5,040 |
% of Rental Stock
Property Listings — Midtown, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midtown, Atlanta, GA is 71. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $388,000 | -6.0% |
Listing Count | 347 | 17.0% |
| Listings as % of Homes | 0.8% | 17.0% |
Days on Market | 71 | 24.0% |
Demographics — Midtown, Atlanta, GA
As of the latest ACS Survey released in 2023, Midtown, Atlanta, GA has a population of 30,400, which has increased by 22.9% over the past 5 years. Midtown, Atlanta, GA is a less popular place for families, as children make up 6.8% of the population. The area has a highly educated workforce, with 83.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,400 | 22.9% |
% Under 18 | 6.8% | -36.4% |
% Seniors | 9.4% | 0.0% |
% WFH | 33.0% | 230.0% |
% w/ College Degree | 83.6% | 8.0% |
As of the latest ACS Survey released in 2023, Midtown, Atlanta, GA is a predominantly white area, with 62.5% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in Midtown, Atlanta, GA is black, making up 14.7% of the population. Foreign-born residents account for 14.6% of the population in Midtown, Atlanta, GA, and this percentage has increased by 19.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.5% | -9.0% |
% Black | 14.7% | -5.2% |
% Hispanic | 8.4% | 100.0% |
% Asian | 9.5% | 33.8% |
% Foreign Born | 14.6% | 19.7% |
Mortgage and Risk — Midtown, Atlanta, GA
According to HUD data as of 2023, there were 655 mortgage originations in Midtown, Atlanta, GA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Midtown, Atlanta, GA. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 655 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Midtown, Atlanta, GA
As of 2024, the percent of homes in Midtown, Atlanta, GA under the Section 8 program is 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Midtown, Atlanta, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 490 |
Total Units Section 8 | 458 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $2,210 | $2,480 |
| 2 Bedroom | -$230 | $2,980 | $2,750 |
| 3 Bedroom | -$740 | $4,050 | $3,310 |
| 4 Bedroom | -$1,010 | $5,000 | $3,990 |
Affordability — Midtown, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $396,000 |
| Median Household Income | $112,000 |