Real Estate Investing in Atlanta, Georgia (30349)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Fulton • Population: 78,597 • Data updated: September 2026

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Should you buy in 30349 (Atlanta, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.9% vacancy may signal weakening demand.

What’s happening in Atlanta, GA (30349)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $252,164
Avg Monthly Rent $1,817
1% Rule ✗ Does Not Meet
Median Income $58,713
% Renters 42.5%

Market Analysis: 30349 Atlanta

ZIP 30349 in Atlanta, GA carries a solid set of headwinds. Home values near $252K and rents of $1,817/mo sit inside a market where underwriting has to be tight.

For an experienced owner, 30349 can be a a strong candidate for hunting ground — but the discount at $252K reflects genuine risk that outside investors often underestimate.

Turning to rents, 30349 offers a low basis, the region around Atlanta has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The 30349 ZIP's population of 78,597 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.

Experienced landlords with local relationships tend to find 30349 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Atlanta:

C+ Average
Buy Confidence Score: 66/100
Affordability
15/25
Appreciation
14/25
Stability
14/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.3× the median income
Value Trend
Declining (-2.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,817/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 30349

Which property type performs best in this market?

Best for Cash Flow
2BR
6.6% cap rate
Best for Appreciation
2BR
+8.7% 5yr CAGR
Best Overall Value
3BR
$73,123/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $173,498 $1,600 6.6% +8.7% $86,749
3BR $219,368 $1,920 6.3% +6.2% $73,123
4BR $297,938 $2,290 5.5% +7.1% $74,484
5BR $395,041 +6.8% $79,008

Market Trends

Home Value History (with trend line)

$301K$250K$199K$148K$97K$46KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,941$1,741$1,542$1,342$1,143$944Jul 2016Jul 2021Jul 2026

📊 How Does 30349 Compare?

Metric 30349 Atlanta Georgia
Home Value $252,164 $407,180 $329,538
5-Year CAGR 2.6% 1.7% 7.8%
Avg Rent $1,817 $1,890 -
Cap Rate 5.6% 4.1% -
💡 Why Invest in 30349? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 43% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 30349 (Atlanta, GA). Anonymous, moderated, never written by AI.

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Property managers serving Fulton County

Manage rentals here? List your business →

All County Cumberland provides residential property management services in Cumberland, GA and surrounding areas, focusing on hassle-free rental for owners. summary from their website

Single-family
Unclaimed — is this your business? Claim it free

All County North Metro is a full-service residential property management company in Alpharetta, GA, serving Alpharetta and surrounding areas. summary from their website

Single-family
Unclaimed — is this your business? Claim it free

Community Management Associates (CMA) provides community association management services. summary from their website

HOA
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.6%
Fair
5yr Growth
+2.6%
Slow

📊 Market Snapshot

Home Value $252,164
Monthly Rent $1,817
Price-to-Rent 11.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.7%
Cap Rate 5.6%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year -2.0% ▼
3-Year CAGR -2.9% ▼
5-Year CAGR +2.6% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year -0.2% ▼
3-Year CAGR +0.2% ▲
5-Year CAGR +3.1% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.9%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 30349

Population: 78,597

💰 Median Household Income
$58,713
This area
$58,713
State
$64,001
USA
$74,580
🏠 Renter Occupied
42.5%
This area
42.5%
State
29.9%
USA
34.0%
💼 Unemployment Rate
6.3%
This area
6.3%
State
-18.6%
USA
3.7%
🎓 College Educated
31.8%
This area
31.8%
State
-3.0%
USA
33.7%
👤 Median Age
33.7 years
This area
33.7 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
8.9%
This area
8.9%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 89.6%
Other/Mixed 5.4%
White 4.3%
Hispanic/Latino 3.7%
Asian 0.8%
👶 Under 18
24.3%
This area
24.3%
USA
22.0%
👴 65 and Over
9.7%
This area
9.7%
USA
17.3%
📊 Poverty Rate
10.7%
This area
10.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 30349

B+ Avg School Grade
22 Schools
14.5:1 Avg Class Size
$14,727 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Bethune Elementary School

📚 Pre-K – 05 Elementary
👥
518 Students
👨‍🏫
13.7:1 Class Size
💰
$15,569 Per Student
A Very Good

Camp Creek Middle School

📚 06 – 08 Middle
👥
743 Students
👨‍🏫
13.9:1 Class Size
💰
$15,569 Per Student
A Very Good

Cliftondale Elementary School

📚 Pre-K – 05 Elementary
👥
692 Students
👨‍🏫
13.4:1 Class Size
💰
$15,569 Per Student
A Very Good

Heritage Elementary School

📚 Pre-K – 05 Elementary
👥
444 Students
👨‍🏫
12.7:1 Class Size
💰
$15,569 Per Student
A Very Good

Nolan Elementary School

📚 Pre-K – 05 Elementary
👥
665 Students
👨‍🏫
13.9:1 Class Size
💰
$15,569 Per Student
A Very Good

S. L. Lewis Elementary School

📚 Pre-K – 05 Elementary
👥
544 Students
👨‍🏫
12.7:1 Class Size
💰
$15,569 Per Student
A Very Good

Stonewall Tell Elementary School

📚 Pre-K – 05 Elementary
👥
560 Students
👨‍🏫
14.3:1 Class Size
💰
$15,569 Per Student
A Very Good

Wolf Creek Elementary

📚 Pre-K – 05 Elementary
👥
717 Students
👨‍🏫
14.1:1 Class Size
💰
$15,569 Per Student
B+ Above Average

Feldwood Elementary School

📚 Pre-K – 05 Elementary
👥
675 Students
👨‍🏫
15.1:1 Class Size
💰
$15,569 Per Student
B+ Above Average

Lee Elementary School

📚 Pre-K – 05 Elementary
👥
490 Students
👨‍🏫
15.2:1 Class Size
💰
$15,569 Per Student
B+ Above Average

Martin Luther King- Jr. Elementary School

📚 Pre-K – 05 Elementary
👥
541 Students
👨‍🏫
13.9:1 Class Size
💰
$13,263 Per Student
B+ Above Average

Northcutt Elementary School

📚 Pre-K – 05 Elementary
👥
626 Students
👨‍🏫
13.3:1 Class Size
💰
$13,263 Per Student
B+ Above Average

West Clayton Elementary School

📚 Pre-K – 05 Elementary
👥
422 Students
👨‍🏫
14.6:1 Class Size
💰
$13,263 Per Student
B+ Above Average

Hapeville Charter Career Academy

📚 09 – 12 High School Charter
👥
694 Students
👨‍🏫
17.4:1 Class Size
💰
$15,569 Per Student
B+ Above Average

McNair Middle School

📚 06 – 08 Middle
👥
886 Students
👨‍🏫
15.9:1 Class Size
💰
$15,569 Per Student
B+ Above Average

Wellspring Living

📚 06 – 12 High School
👥
8 Students
👨‍🏫
8.0:1 Class Size
💰
$15,569 Per Student
B+ Above Average

Banneker High School

📚 09 – 12 High School
👥
1,786 Students
👨‍🏫
14.8:1 Class Size
💰
$15,569 Per Student
B Good

North Clayton Middle School

📚 06 – 08 Middle
👥
760 Students
👨‍🏫
16.5:1 Class Size
💰
$13,263 Per Student
C+ Average

Skyview High School

📚 09 – 12 High School Charter
👥
305 Students
👨‍🏫
24.4:1 Class Size
💰
$15,569 Per Student
C+ Average

Atlanta Youth Development Campus

📚 05 – 12 High School
👥
12 Students
👨‍🏫
3.0:1 Class Size
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 2,779 Off-Campus Students
C
Profile Institute of Barber-Styling
26 students · 8.6 mi
C
Atlanta Metropolitan State College
1,551 students · 9.1 mi
C
Atlanta Technical College
3,493 students · 9.3 mi
C
Morehouse School of Medicine
935 students · 10.5 mi
C+
Morehouse College
2,738 students · 10.6 mi
B
Spelman College
3,633 students · 10.7 mi
C
Clark Atlanta University
4,135 students · 10.8 mi
D
Interdenominational Theological Center
61 students · 11.1 mi

Investor Insight: With 2,779 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What are home prices like in Atlanta, GA?

Median home price in Atlanta, GA is near $252K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

How does Atlanta, GA rate as a rental market?

Atlanta, GA rates 3.0/5 for investability. With median values at $252K and rents near $1,817/mo, the market offers reasonable fundamentals for rental investors.

Does a duplex house hack pencil in Atlanta, GA?

The a challenging house-hack environment in Atlanta, GA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Where do rents currently stand in Atlanta, GA?

The typical rental in Atlanta, GA commands about $1,817/mo monthly. That rent profile measured cash flow against the $252K purchase basis.

Is GA a landlord-friendly state?

Landlord-friendliness in Atlanta, GA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 30349 now. You don’t know where it ranks.

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