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Old 07-15-2019, 11:18 AM
 
Location: Olympus Mons, Mars
5,714 posts, read 8,622,680 times
Reputation: 5817

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I checked on Craigslist for 1bd apartments around Alpharetta and they seem shockingly expensive... around $1350-1700 which is on par with Southern California rents which are some of the most expensive in the country.

I was under the impression that Atlanta was one of the more affordable metros in the country, this was the last time I looked several years ago.. has this changed?

What are the other areas for more reasonable rents if one is working around Alpharetta?

Edit - think I answered my own question with some searching:

https://www.11alive.com/article/mone...a/85-534373055

What is really odd is that even though home prices have increased sharply one could buy a 2bd townhome in Alpharetta around $250-300k or so? That would make the mortgage, taxes and maintenance competitive with the rent.
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Old 07-15-2019, 11:56 AM
 
3,636 posts, read 1,227,463 times
Reputation: 2387
Although Metro Atlanta overall is affordable, Alpharetta is the most expensive area in the Metro Atlanta region.
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Old 07-15-2019, 12:42 PM
 
273 posts, read 164,527 times
Reputation: 377
Quote:
Originally Posted by k374 View Post
I checked on Craigslist for 1bd apartments around Alpharetta and they seem shockingly expensive... around $1350-1700 which is on par with Southern California rents which are some of the most expensive in the country.

I was under the impression that Atlanta was one of the more affordable metros in the country, this was the last time I looked several years ago.. has this changed?

What are the other areas for more reasonable rents if one is working around Alpharetta?

Edit - think I answered my own question with some searching:

https://www.11alive.com/article/mone...a/85-534373055

What is really odd is that even though home prices have increased sharply one could buy a 2bd townhome in Alpharetta around $250-300k or so? That would make the mortgage, taxes and maintenance competitive with the rent.
You are comparing the average rent in Southern California with one of the most expensive cities in Metro Atlanta. Average rents in metro Atlanta are still a lot cheaper when compared to Southern California but Alpharetta is one of the most expensive cities in Metro Atlanta.. Compare Alpharetta rents to Venice and you will see the difference..
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Old 07-15-2019, 12:48 PM
 
461 posts, read 162,596 times
Reputation: 618
Lol, we get these troll posts from Californians every few months.

They always pick one of the most expensive areas to research in the Metro the compare it to the average rents of Socal and say "well hey, this looks like California prices -Atlanta isn't cheap".
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Old 07-15-2019, 12:59 PM
 
3,636 posts, read 1,227,463 times
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Quote:
Originally Posted by Otakumaster View Post
Lol, we get these troll posts from Californians every few months.

They always pick one of the most expensive areas to research in the Metro the compare it to the average rents of Socal and say "well hey, this looks like California prices -Atlanta isn't cheap".
Yep.
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Old 07-15-2019, 12:59 PM
 
8,341 posts, read 10,294,119 times
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But at least instead of sunshine and dry air every day, we have hot, muggy summers and cold, icy winters. You left that part out.
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Old 07-16-2019, 10:46 AM
 
Location: Olympus Mons, Mars
5,714 posts, read 8,622,680 times
Reputation: 5817
I had no idea Alpharetta was the most expensive place, I thought that was Buckhead and Dunwoody area near the Perimeter. At least when I visited in 2015 I remember Alpharetta being deep in the suburbs a distance away from the metro. Perhaps things have changed.
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Old 07-16-2019, 10:48 AM
 
273 posts, read 164,527 times
Reputation: 377
Quote:
Originally Posted by k374 View Post
I had no idea Alpharetta was the most expensive place, I thought that was Buckhead and Dunwoody area near the Perimeter. At least when I visited in 2015 I remember Alpharetta being deep in the suburbs a distance away from the metro. Perhaps things have changed.
It's like Irvine. It's a suburb but a coveted suburb with safety, good schools, diversity and lot of tech jobs..
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Old 07-16-2019, 06:46 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
5,536 posts, read 4,127,413 times
Reputation: 7366
I think some of you are a bit harsh on the op. Not everyone knows the suburbs of Atlanta if they are not from here.
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Old 07-16-2019, 06:58 PM
 
3,430 posts, read 883,162 times
Reputation: 3935
Quote:
Originally Posted by k374 View Post
I checked on Craigslist for 1bd apartments around Alpharetta and they seem shockingly expensive... around $1350-1700 which is on par with Southern California rents which are some of the most expensive in the country.

I was under the impression that Atlanta was one of the more affordable metros in the country, this was the last time I looked several years ago.. has this changed?

What are the other areas for more reasonable rents if one is working around Alpharetta?

Edit - think I answered my own question with some searching:

https://www.11alive.com/article/mone...a/85-534373055

What is really odd is that even though home prices have increased sharply one could buy a 2bd townhome in Alpharetta around $250-300k or so? That would make the mortgage, taxes and maintenance competitive with the rent.
You're comparing in dollars. What kind of apartment do you get in CA and how far outside the city? Compare that to the (probably brand new, opulent) apartment in GA.
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