Midtown, Atlanta, GA 30309 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Midtown, Atlanta, GA—30309

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$392,000

4.2% YoY Growth

Household Income

$112,000

26.2% YoY Growth

Days on Market

81

25.0% Longer YoY

Home Price Forecast

0.7%

Median Rent

$2,360

1.6% YoY Growth

1-Bed Rent

$2,210

7.4% YoY Growth

2-Bed Rent

$2,980

4.5% YoY Growth

3-Bed Rent

$4,050

4.8% YoY Growth

Other Zip Codes in Midtown, Atlanta, GA

Home Price Trends — Midtown, Atlanta, GA

As of Dec '25, the median home price in Midtown, Atlanta, GA is $392,000, with a year-over-year change of -4.2%. This indicates that home prices in Midtown, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$392,000	-4.2%
Single Family	$923,000	2.0%
Condos	$341,000	-4.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

11.0%

1 Bedroom

52.1%

2 Bedrooms

30.4%

3 Bedrooms

5.8%

4 Bedrooms

0.3%

5+ Bedrooms

0.4%

Property Listings — Midtown, Atlanta, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Midtown, Atlanta, GA is 71. This is a increase of 28.0% 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	$367,000	-5.0%
Listing Count	306	10.0%
Listings as % of Homes	0.8%	10.0%
Days on Market	81	25.0%

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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%

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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%

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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%

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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