Airbnb Rules and Regulations in Atlanta, Georgia

In 2024, Atlanta continues to enforce its short-term rental ordinance, which requires hosts to obtain a license for their primary residence and one additional dwelling unit. Aspiring Airbnb operators must navigate the city's zoning restrictions, as rentals are generally only permitted in areas zoned for commercial use. Hosts are expected to adhere to occupancy limits, noise regulations, and parking restrictions to maintain harmony within the community.

The ordinance also mandates that hosts pay the city's hotel-motel tax and obtain a business license. Failure to comply with these regulations may result in fines and penalties. Despite the challenges posed by the ordinance, many Atlanta residents continue to operate successful Airbnb rentals, contributing to the city's thriving tourism industry.

Atlanta Airbnb Market Data:

• Average Revenue – $24K per year
• Average Daily Rate – $158.6 per night
• Average Occupancy Rate – 50%
• Average RevPAR – $78.7
• Average Home Prices – $390,373

1. Top Place to Invest in Atlanta, Georgia - East Lake

East Lake, a historic neighborhood in Atlanta, Georgia, has undergone a remarkable transformation in recent years. Once a struggling area, it now boasts a thriving community, attractive amenities, and a promising real estate market for starting a short-term rental business.

East Lake Airbnb Market Data:

• Average Revenue – $32.4K per year
• Average Daily Rate – $173.9 per night
• Average Occupancy Rate – 67%
• Average RevPAR – $115.5

Convenience - 7/10

East Lake offers a convenient location with easy access to public transportation, including the East Lake MARTA station. The neighborhood is well-connected to major highways, making it easy for residents and visitors to navigate the city. However, the area lacks some essential amenities, such as a wide variety of grocery stores and shopping centers.

Tourist Attractions - 6/10

While East Lake may not be a top tourist destination, it does offer some notable attractions. The East Lake Golf Club, home to the PGA Tour Championship, draws golf enthusiasts from around the world. The neighborhood also features the East Lake Park, which provides a serene escape from the bustling city life.

Things to Do - 6/10

East Lake offers a mix of outdoor activities and community events. Residents and visitors can enjoy the Charlie Yates Golf Course, the East Lake Family YMCA, and the East Lake Farmers Market. However, the neighborhood lacks a diverse range of entertainment options, such as nightlife and cultural attractions.

Average Home Prices - 7/10

According to Zillow, the median home value in East Lake as of 2024 is $425,000, representing a 4.2% appreciation rate over the past year. While the prices are higher than the Atlanta average, the neighborhood's ongoing revitalization and growing popularity make it an attractive option for Airbnb investors seeking long-term appreciation.

Proximity to Work-Related Travel - 8/10

East Lake is conveniently located near several major employment centers, including Emory University, the Centers for Disease Control and Prevention (CDC), and the Decatur Medical Center. The neighborhood's proximity to these institutions makes it an ideal location for short-term rentals catering to business travelers and visiting professionals.

X-Factor - 8/10

East Lake's unique selling point is its inspiring story of community revitalization. The neighborhood's transformation, led by the East Lake Foundation, has garnered national attention and serves as a model for other communities. This remarkable turnaround and the neighborhood's rich history and strong sense of community make East Lake a desirable location for Airbnb investors seeking a meaningful investment opportunity.

2. Top Place to Invest in Atlanta, Georgia - Old Fourth Ward

Old Fourth Ward (O4W), a historic neighborhood just east of downtown Atlanta, has undergone a remarkable transformation in recent years. Once a struggling area, it now boasts a thriving community, hip restaurants and bars, and a promising real estate market for Airbnb investors.

Old Fourth Ward Airbnb Market Data:

• Average Revenue – $29K per year
• Average Daily Rate – $190.9 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $93.4

Convenience - 8/10

O4W's central location offers easy access to public transportation, with the North Avenue MARTA station nearby. The neighborhood is well-connected to major highways, making it convenient for residents and visitors to navigate the city. The BeltLine Eastside Trail runs through the heart of O4W, providing a scenic pedestrian and bike-friendly path.

Tourist Attractions - 7/10

As the birthplace of Dr. Martin Luther King Jr., O4W is home to the Martin Luther King Jr. National Historic Site, attracting visitors from around the world. The neighborhood also features the Historic Fourth Ward Park, a 17-acre green space with a pond, playground, and splash pad. While O4W may not be the top tourist destination in Atlanta, its rich history and unique attractions make it a compelling visit.

Things to Do - 8/10

O4W offers a diverse range of activities for residents and visitors alike. The neighborhood is known for its trendy restaurants, bars, and boutiques, particularly along Edgewood Avenue. The BeltLine Eastside Trail provides ample opportunities for outdoor recreation, while the Old Fourth Ward Skatepark caters to skateboarders. The area also hosts various local festivals and events throughout the year.

Average Home Prices - 7/10

According to Zillow, the median home value in Old Fourth Ward as of 2024 is $449,000, with prices ranging from $236,000 for a 1-bedroom condo to $2,100,000 for a 7-bedroom house. While prices are higher than the Atlanta average, the neighborhood has experienced a steady appreciation rate of around 4% over the past year. The growing popularity and ongoing revitalization of O4W make it an attractive option for Airbnb investors seeking long-term appreciation.

Proximity to Work-Related Travel - 8/10

O4W's central location is close to major employment centers, hospitals, and convention venues. Midtown Atlanta, home to numerous corporate offices, is just a short drive or MARTA ride away. The Georgia World Congress Center, a popular convention destination, is also easily accessible from the neighborhood.

X-Factor - 9/10

What sets Old Fourth Ward apart is its unique blend of history, culture, and modern amenities. The neighborhood's rich civil rights legacy, vibrant arts scene, and thriving culinary offerings create a unique atmosphere. The BeltLine Eastside Trail and Ponce City Market, a mixed-use development housed in a former Sears building, have been game-changers for the area, drawing in new residents and businesses. This dynamic mix of old and new makes O4W desirable for Airbnb investors looking to capitalize on the neighborhood's growing popularity.

3. Top Place to Invest in Atlanta, Georgia - Candler Park

Candler Park, a charming neighborhood nestled in the heart of Atlanta, Georgia, has become increasingly popular among residents and visitors alike. With its tree-lined streets, historic homes, and thriving community spirit, Candler Park offers a unique blend of small-town charm and big-city amenities, making it an attractive option for Airbnb investors.

Candler Park Airbnb Market Data:

• Average Revenue – $22.4K per year
• Average Daily Rate – $152.5 per night
• Average Occupancy Rate – 44%
• Average RevPAR – $67.8

Convenience - 8/10

Candler Park boasts a highly convenient location, with easy access to public transportation and major highways. The Edgewood/Candler Park MARTA station directly connects downtown Atlanta and the airport. The neighborhood is also well-served by bus routes and bike lanes, making it easy for residents and visitors to get around without a car.

Tourist Attractions - 6/10

While Candler Park may not be a top tourist destination, it does offer some notable attractions. The Candler Park Golf Course provides golf enthusiasts a scenic and challenging 9-hole experience. The neighborhood also features the Candler Park Market, a beloved local institution known for its gourmet sandwiches and extensive craft beer selection.

Things to Do - 7/10

Candler Park offers a variety of activities for residents and visitors to enjoy. The expansive Candler Park, which gives the neighborhood its name, features a playground, swimming pool, tennis courts, and a weekly farmers market. The area is also home to several popular restaurants and bars, such as the Candler Park Market and the Flying Biscuit Cafe.

Average Home Prices - 7/10

According to Zillow, the median home value in Candler Park as of 2024 is $675,000, with prices ranging from $400,000 for a 2-bedroom cottage to $1,200,000 for a 5-bedroom historic home. While prices are higher than the Atlanta average, the neighborhood has experienced a steady appreciation rate of around 3% over the past year. Candler Park's unique character and strong community spirit make it an attractive option for Airbnb investors seeking a stable, long-term investment.

Proximity to Work-Related Travel - 7/10

Candler Park's location puts it within reasonable proximity to several major employment centers and hospitals. Emory University and the Centers for Disease Control and Prevention (CDC) are just a short drive away, while downtown Atlanta and Midtown are easily accessible via MARTA. However, the neighborhood is not as close to convention centers and sports venues as some other Atlanta neighborhoods.

X-Factor - 8/10

What sets Candler Park apart is its strong sense of community and small-town charm. The neighborhood is known for its tight-knit community, with residents coming together for events like the Candler Park Fall Fest and the weekly farmers market. The area's historic homes, many of which date back to the early 20th century, add to its unique character and appeal. This combination of community spirit and architectural charm makes Candler Park desirable for Airbnb investors looking to offer guests an authentic Atlanta experience.

4. Top Place to Invest in Atlanta, Georgia - Downtown

Downtown Atlanta, the heart of the city, is a vibrant and bustling area that has undergone significant revitalization in recent years. With its iconic attractions, thriving business district, and growing residential population, Downtown Atlanta presents a compelling opportunity for Airbnb investors looking to capitalize on the city's booming tourism industry.

Downtown Airbnb Market Data:

• Average Revenue – $30.5K per year
• Average Daily Rate – $159.1 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $93

Convenience - 9/10

Downtown Atlanta boasts unparalleled convenience, with easy access to public transportation, major highways, and the world's busiest airport, Hartsfield-Jackson Atlanta International Airport. The area is served by multiple MARTA stations, making it easy for residents and visitors to navigate the city without a car. The abundance of ride-sharing and bike-sharing options further enhances the area's convenience.

Tourist Attractions - 10/10

Downtown Atlanta is home to some of the city's most iconic tourist attractions, including the Georgia Aquarium, the World of Coca-Cola, and the CNN Center. The area also features several world-class museums, such as the National Center for Civil and Human Rights and the College Football Hall of Fame. These attractions draw millions of visitors to Downtown Atlanta each year, providing a steady stream of potential guests for Airbnb hosts.

Things to Do - 9/10

In addition to its tourist attractions, Downtown Atlanta offers a wide range of activities for residents and visitors alike. The area is home to numerous restaurants, bars, and entertainment venues, including the Mercedes-Benz Stadium and the State Farm Arena. Centennial Olympic Park, a 21-acre green space in the heart of Downtown, hosts various festivals and events throughout the year, adding to the area's vibrant atmosphere.

Average Home Prices - 6/10

According to Zillow, the median home value in Downtown Atlanta as of 2024 is $380,000, with prices ranging from $200,000 for a studio apartment to $1,500,000 for a luxury penthouse. While prices are higher than the Atlanta average, the area has experienced a modest appreciation rate of around 2% over the past year. The relatively high prices and modest appreciation rate may present a challenge for some Airbnb investors, but the area's strong rental demand and potential for high occupancy rates can offset these factors.

Proximity to Work-Related Travel - 10/10

Downtown Atlanta is the city's primary business district, home to numerous corporate headquarters, government offices, and convention centers. The Georgia World Congress Center, one of the largest convention facilities in the country, hosts hundreds of events each year, drawing business travelers from around the world. The area's proximity to these work-related destinations makes it an ideal location for corporate rentals targeting business travelers.

X-Factor - 8/10

What sets Downtown Atlanta apart is its unique blend of history, culture, and modern amenities. The area is home to several historic landmarks, such as the Fairlie-Poplar Historic District and the Flatiron Building, which add to its character and charm. At the same time, Downtown Atlanta is undergoing significant revitalization, with new residential developments, retail spaces, and public infrastructure projects transforming the area into a more livable and attractive destination. This combination of old and new, along with the area's strong tourism industry and business travel demand, makes Downtown Atlanta a compelling option for Airbnb investors looking to maximize their earnings.

5. Top Place to Invest in Atlanta, Georgia - Ormewood Park

Ormewood Park, a hidden gem in southeast Atlanta, has been gaining attention from homebuyers and investors alike. This charming neighborhood offers a perfect blend of residential tranquility and urban convenience, making it an attractive option for Airbnb investors seeking to capitalize on Atlanta's growing tourism industry.

Ormewood Park Airbnb Market Data:

• Average Revenue – $27.6K per year
• Average Daily Rate – $172.6 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $87.9

Convenience - 7/10

Ormewood Park's location provides relatively easy access to public transportation, with the East Lake MARTA station just a short drive away. The neighborhood is also well-connected to major highways, such as I-20 and I-285, making it convenient for residents and visitors to navigate the city. However, the area's walkability is somewhat limited, with fewer amenities within walking distance compared to some other Atlanta neighborhoods.

Tourist Attractions - 5/10

While Ormewood Park itself may not be a major tourist destination, its proximity to other popular Atlanta attractions makes it a convenient base for visitors. The neighborhood is just a short drive from the Atlanta Zoo, Grant Park, and the Beltline, which offer a variety of outdoor activities and cultural experiences. However, the lack of major tourist attractions within the neighborhood itself may limit its appeal to some Airbnb guests.

Things to Do - 6/10

Ormewood Park offers a quiet, residential atmosphere with a few local amenities. The neighborhood is home to several parks, including Ormewood Park and the Southside Trail, which provide opportunities for outdoor recreation. The area also has a handful of local restaurants and cafes, such as Hodgepodge Coffeehouse and Morelli's Ice Cream, which add to its charm and sense of community. However, the neighborhood may not offer as wide a range of activities and entertainment options as some other Atlanta areas.

Average Home Prices - 8/10

According to Zillow, the median home value in Ormewood Park as of 2024 is $450,000, with prices ranging from $300,000 for a small bungalow to $700,000 for a larger, newly constructed home. The neighborhood has experienced a steady appreciation rate of around 4% over the past year, making it an attractive option for Airbnb investors seeking long-term growth potential. The relatively affordable prices compared to some other popular Atlanta neighborhoods may also provide a lower barrier to entry for investors.

Proximity to Work-Related Travel - 6/10

Ormewood Park's location is near some major employment centers, such as downtown Atlanta and the Hartsfield-Jackson Atlanta International Airport. However, the neighborhood is not as conveniently located for work-related travel as some other Atlanta areas, with longer commute times to major business districts and convention centers. This may limit its appeal to business travelers and conference attendees.

X-Factor - 7/10

What sets Ormewood Park apart is its strong sense of community and small-town charm within the larger city of Atlanta. The neighborhood is known for its tight-knit community, with residents coming together for events like the Ormewood Park Makers Festival and the annual Fourth of July parade. The area's historic bungalows and craftsman-style homes add to its unique character and appeal. Community spirit and architectural charm make Ormewood Park a desirable location for Airbnb investors looking to offer guests a taste of authentic Atlanta living in a more relaxed, residential setting.

6. Top Place to Invest in Atlanta, Georgia - Brookwood Hills

Brookwood Hills, a hidden gem nestled in the heart of Atlanta, offers a unique blend of residential tranquility and urban convenience. With its tree-lined streets and stately homes, this charming neighborhood has become increasingly attractive to Airbnb and short-term rental investors seeking a peaceful oasis within the bustling city.

Brookwood Hills Airbnb Market Data:

• Average Revenue – $32K per year
• Average Daily Rate – $221.7 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $121.4

Convenience - 7/10

Brookwood Hills' location provides easy access to major highways, such as I-75 and I-85, making it convenient for residents and visitors to navigate the city. However, the neighborhood's walkability is somewhat limited, with fewer amenities within walking distance compared to some other Atlanta neighborhoods. The nearest MARTA stations, Arts Center and Midtown, are a bit of a trek, which may be a drawback for some guests relying on public transportation.

Tourist Attractions - 6/10

While Brookwood Hills itself may not be a major tourist destination, its proximity to popular Atlanta attractions makes it a convenient base for visitors. The High Museum of Art, Atlanta Botanical Garden, and Piedmont Park are all within a short drive, offering a variety of cultural and outdoor experiences. However, the lack of notable tourist attractions within the neighborhood itself may limit its appeal to some Airbnb guests.

Things to Do - 6/10

Brookwood Hills offers a quiet, residential atmosphere with a few local amenities. The neighborhood is home to the historic Brookwood Hills Community Club, which features a swimming pool, tennis courts, and a playground for residents. The nearby Peachtree Battle Shopping Center provides a selection of local shops and restaurants. However, the neighborhood may not offer as wide a range of activities and entertainment options as some other Atlanta areas.

Average Home Prices - 8/10

According to Zillow, the median home value in Brookwood Hills as of 2024 is $1,200,000, with prices ranging from $800,000 for a smaller cottage to over $2,000,000 for a larger, luxurious home. The neighborhood has experienced a steady appreciation rate of around 3% over the past year, making it an attractive option for Airbnb investors seeking long-term growth potential. While the high prices may present a barrier to entry for some investors, the neighborhood's prestige and desirability can justify the investment.

Proximity to Work-Related Travel - 8/10

Brookwood Hills' location is close to several major employment centers, hospitals, and convention venues. The neighborhood is just a short drive from Midtown and Downtown Atlanta, home to numerous corporate offices and the Georgia World Congress Center. Emory University Hospital and Piedmont Hospital are also nearby, making Brookwood Hills an attractive option for medical professionals and patients' families.

X-Factor - 7/10

What sets Brookwood Hills apart is its reputation as one of Atlanta's most prestigious and sought-after neighborhoods. The area's stately homes, many of which were built in the 1920s and 1930s, offer a glimpse into Atlanta's architectural history. The neighborhood's lush landscaping and mature trees create a serene, park-like setting that feels far removed from the city's hustle and bustle. This combination of elegance, tranquility, and proximity to Atlanta's key attractions makes Brookwood Hills a desirable location for Airbnb investors targeting discerning guests seeking a refined, upscale experience.

7. Top Place to Invest in Atlanta, Georgia - Inman Park

Inman Park, a historic neighborhood in Atlanta's eastside, has emerged as a prime destination for Airbnb investors seeking a vibrant community with a unique blend of old-world charm and modern amenities.

Inman Park Airbnb Market Data:

• Average Revenue – $29.5K per year
• Average Daily Rate – $194.7 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $100.4

Convenience - 8/10

Situated just east of downtown Atlanta, Inman Park offers exceptional convenience for residents and visitors alike. The neighborhood is well-connected to major highways and public transportation, with the Inman Park/Reynoldstown MARTA station providing direct access to the city's rail network. Additionally, the Atlanta BeltLine's Eastside Trail runs through the heart of Inman Park, offering a pedestrian-friendly path to nearby neighborhoods and attractions.

Tourist Attractions - 7/10

While not a major tourist hub, Inman Park boasts several notable attractions that draw visitors from near and far. The Krog Street Tunnel, a former railway passage adorned with vibrant street art, has become an Instagram-worthy destination. The neighborhood also hosts the annual Inman Park Festival and Tour of Homes, showcasing its rich architectural heritage and community spirit.

Things to Do - 8/10

Inman Park offers a diverse array of activities for residents and guests. The neighborhood's commercial district, centered around North Highland Avenue, is brimming with trendy restaurants, bars, and boutiques. The Atlanta BeltLine's Eastside Trail provides ample opportunities for outdoor recreation, while the nearby Krog Street Market offers a unique dining and shopping experience.

Average Home Prices - 7/10

According to Zillow, the median home value in Inman Park as of 2024 is $689,698, with prices ranging from $236,000 for a 1-bedroom condo to $2,100,000 for a 7-bedroom hous. The neighborhood has experienced a steady appreciation rate of around 3.9% over the past year, making it an attractive investment option for those seeking long-term growth potential.

Proximity to Work-Related Travel - 8/10

Inman Park's central location puts it in close proximity to several major employment centers and convention venues. Downtown Atlanta, home to numerous corporate offices and the Georgia World Congress Center, is just a short drive or MARTA ride away. The neighborhood's accessibility makes it an ideal choice for business travelers and conference attendees.

X-Factor - 9/10

What truly sets Inman Park apart is its unique blend of historic charm and modern vibrancy. The neighborhood's Victorian-era homes, many of which have been meticulously restored, offer a glimpse into Atlanta's rich architectural heritage. At the same time, Inman Park has embraced the city's progressive spirit, with a thriving arts scene, cutting-edge dining options, and a strong sense of community. This harmonious fusion of old and new creates a one-of-a-kind atmosphere that appeals to both locals and visitors alike.

8. Top Place to Invest in Atlanta, Georgia - Cabbagetown

Cabbagetown, a historic mill town nestled in the heart of Atlanta, has transformed into a vibrant, bohemian enclave that attracts artists, young professionals, and savvy investors alike. Cabbagetown's unique blend of industrial charm, tight-knit community, and prime location presents an enticing opportunity for Airbnb and short-term rental investors.

Cabbagetown Airbnb Market Data:

• Average Revenue – $25.6K per year
• Average Daily Rate – $166.6 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $83.5

Convenience - 8/10

Cabbagetown's walkability and accessibility are among its most attractive features. The neighborhood is well-connected to public transportation, with the King Memorial MARTA station nearby. Its proximity to major highways, such as I-20 and the Downtown Connector, makes it easy for residents and visitors to navigate the city. The Eastside Trail of the Atlanta BeltLine runs through Cabbagetown, connecting it to popular destinations like Krog Street Market and Ponce City Market.

Tourist Attractions - 7/10

While Cabbagetown itself may not be a primary tourist destination, its unique character and nearby attractions make it an appealing base for visitors. The neighborhood's colorful street art draws photography enthusiasts and art lovers, particularly along Wylie Street and the Krog Street Tunnel. Oakland Cemetery, a historic landmark and green space, borders Cabbagetown and offers a fascinating glimpse into Atlanta's past.

Things to Do - 8/10

Cabbagetown's laid-back vibe and creative spirit foster a lively community with plenty to explore. The neighborhood boasts diverse casual dining options, from the beloved Carroll Street Cafe to newcomers like JenChan's. Locals and visitors alike flock to the annual Chomp and Stomp festival, a celebration of chili, art, and music. The Patch Works Art & History Center provides a glimpse into Cabbagetown's rich history, while the nearby Krog Street Market offers a hip food hall experience.

Average Home Prices - 7/10

As of 2024, the median home value in Cabbagetown is $450,000, according to Zillow. Prices range from around $300,000 for a cozy bungalow to $700,000 for a larger, renovated home. Over the past year, the neighborhood has seen a steady appreciation rate of approximately 4. While prices are higher than some other Atlanta neighborhoods, Cabbagetown's unique charm and investment potential justify the cost for many buyers and investors.

Proximity to Work-Related Travel - 7/10

Cabbagetown's location puts it within reasonable reach of several major employment centers, hospitals, and convention venues. Downtown Atlanta, home to numerous corporate offices and the Georgia World Congress Center, is just a short drive or MARTA ride away. However, the neighborhood's distance from some of these destinations may be a slight drawback for investors targeting business travelers.

X-Factor - 9/10

Cabbagetown's true allure lies in its one-of-a-kind atmosphere and strong sense of community. The neighborhood's industrial roots, exemplified by the historic Fulton Cotton Mill Lofts, blend seamlessly with the creative energy of its residents. Colorful shotgun houses and narrow, walkable streets create a charming, small-town feel within the heart of the city. This distinctive character, combined with Cabbagetown's prime location and investment potential, makes it a standout choice for Airbnb and short-term rental investors seeking a neighborhood with an authentic, artsy vibe.

9. Top Place to Invest in Atlanta, Georgia - Summerhill

Summerhill, a historic neighborhood on the rise, is quickly becoming one of Atlanta's most exciting and attractive areas for buying a short-term rental property. With its rich history, ongoing revitalization, and prime location near downtown, Summerhill offers a unique opportunity to capitalize on the city's growing tourism industry.

Summerhill Airbnb Market Data:

• Average Revenue – $31.9K per year
• Average Daily Rate – $120.1 per night
• Average Occupancy Rate – 65%
• Average RevPAR – $90.5

Convenience - 8/10

Summerhill's location provides excellent access to public transportation, with the Georgia State MARTA station just a short walk away. The neighborhood is also well-connected to major highways, such as I-20 and I-75/85, making it easy for residents and visitors to navigate the city. The area's walkability is steadily improving, with new developments bringing a variety of amenities and services within easy reach.

Tourist Attractions - 7/10

While Summerhill itself may not be a major tourist destination, its proximity to popular Atlanta attractions makes it an appealing base for visitors. The neighborhood is home to the historic Phoenix II Park, which offers a glimpse into the area's rich African American heritage. The nearby Georgia State Stadium, formerly Turner Field, hosts various events and concerts throughout the year, drawing visitors from across the region.

Things to Do - 8/10

Summerhill's ongoing revitalization has brought a wave of new restaurants, bars, and shops to the neighborhood, creating a vibrant and engaging atmosphere. The area is home to several popular craft breweries, such as Halfway Crooks Beer and Pretoria Fields Collective, which offer unique tasting experiences. The neighborhood also hosts various community events, such as the Summerhill Neighborhood Development Corporation's annual block party, fostering a strong sense of community and local pride.

Average Home Prices - 9/10

According to Zillow, the median home value in Summerhill as of 2024 is $350,000, with prices ranging from $200,000 for a small bungalow to $600,000 for a larger, newly constructed home. The neighborhood has experienced an impressive appreciation rate of around 6% over the past year, making it an attractive option for Airbnb investors seeking strong returns. Compared to some other intown Atlanta neighborhoods, the relatively affordable prices also make Summerhill an accessible option for investors with varying budgets.

Proximity to Work-Related Travel - 9/10

Summerhill's location is close to several major employment centers, hospitals, and convention venues. The neighborhood is just a short drive or MARTA ride from Downtown Atlanta, home to numerous corporate offices and the Georgia World Congress Center. Grady Memorial Hospital, one of the largest hospitals in the state, is also located nearby, making Summerhill an attractive option for medical professionals and patients' families.

X-Factor - 9/10

What truly sets Summerhill apart is its unique blend of history, community, and opportunity. The neighborhood's rich African American heritage, exemplified by its role in the Civil Rights Movement, adds a layer of cultural significance and depth to the area. The ongoing revitalization efforts, led by dedicated community organizations and local businesses, have created a palpable sense of excitement and momentum. As new developments continue to transform the neighborhood, Summerhill is poised to become one of Atlanta's most sought-after destinations for both residents and visitors alike. This combination of historical significance, community spirit, and untapped potential makes Summerhill an exceptional opportunity for Airbnb and short-term rental investors looking to be part of a neighborhood's renaissance.

10. Top Place to Invest in Atlanta, Georgia - Midtown

Midtown, the heart of Atlanta's arts, culture, and business scene, has emerged as a prime location for Airbnb and short-term rental investors. With its vibrant atmosphere, world-class attractions, and unparalleled convenience, Midtown offers a compelling opportunity for those looking to capitalize on the city's thriving tourism industry.

Midtown Airbnb Market Data:

• Average Revenue – $32K per year
• Average Daily Rate – $193.8 per night
• Average Occupancy Rate – 52%
• Average RevPAR – $104.4

Convenience - 10/10

Midtown's convenience is unmatched, with exceptional walkability and access to public transportation. The neighborhood is served by three MARTA stations (North Avenue, Midtown, and Arts Center), making it easy for visitors to navigate the city without a car. Midtown's grid-like street layout and abundance of sidewalks create a pedestrian-friendly environment, with a wide array of restaurants, shops, and services within easy reach.

Tourist Attractions - 9/10

Midtown boasts an impressive collection of tourist attractions, catering to a diverse range of interests. The High Museum of Art, with its extensive collection and stunning architecture, is a must-see for art enthusiasts. The Fox Theatre, a beautifully restored 1920s movie palace, hosts Broadway shows, concerts, and other performances throughout the year. The Atlanta Botanical Garden, located on the northern edge of Midtown, offers a lush oasis in the heart of the city, with seasonal exhibits and events that draw visitors from far and wide.

Things to Do - 9/10

Midtown's vibrant atmosphere and diverse offerings provide endless opportunities for entertainment and exploration. The neighborhood has numerous restaurants, from casual eateries to high-end dining establishments, satisfying every palate and budget. Midtown's thriving arts scene includes galleries, museums, and performance venues like the Alliance Theatre and the Woodruff Arts Center. The neighborhood also hosts various festivals and events throughout the year, such as the Atlanta Food & Wine Festival and the Midtown Festival of the Arts.

Average Home Prices - 7/10

According to Zillow, the median home value in Midtown as of 2024 is $450,000, with prices ranging from $300,000 for a small condo to over $1,000,000 for a luxury high-rise unit. The neighborhood has experienced a steady appreciation rate of around 3% over the past year, indicating a stable and growing market. While prices in Midtown are higher than some other Atlanta neighborhoods, the area's desirability and potential for strong rental income make it an attractive option for Airbnb investors.

Proximity to Work-Related Travel - 10/10

Midtown is Atlanta's premier business district, home to numerous corporate headquarters, law firms, and technology companies. The neighborhood's central location and easy access to public transportation make it an ideal base for business travelers. Midtown is also in close proximity to several major hospitals, including Emory University Hospital Midtown and Piedmont Hospital, making it a convenient choice for medical professionals and patients' families.

X-Factor - 9/10

What sets Midtown apart is its unparalleled combination of culture, convenience, and energy. The neighborhood's vibrant arts scene, world-class attractions, and thriving business district create a unique and dynamic atmosphere that appeals to a wide range of visitors. Midtown's walkability and access to public transportation make it an attractive option for travelers seeking an urban experience without the hassle of navigating a car. The neighborhood's ongoing development, including new high-rise residential projects and mixed-use developments, further enhances its appeal and potential for growth. This perfect storm of factors makes Midtown an exceptional opportunity for Airbnb and short-term rental investors looking to tap into Atlanta's booming tourism industry.