Atlanta beat 19 other major U.S. cities to claim the largest share of investor-owned single-family rental properties, according to a new report by the U.S. Government Accountability Office.
That ranking also puts Atlanta ahead of all the other Sun Belt cities the federal agency reviewed, with an estimated 25% share of the single-family rental market in the city, or about 72,000 properties.
The agency’s findings on investors with more than 1,000 properties in 20 cities relied on an analysis of 2022 data from the Urban Institute, a Washington, D.C.-based think tank.