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Where apartment construction has pulled back the most in Atlanta

Multifamily units in development dropped by over 70% in Kennesaw and North Atlanta
The four-star Manor Barrett was completed in 2024, adding roughly 350 units to the Kennesaw area. (CoStar)
The four-star Manor Barrett was completed in 2024, adding roughly 350 units to the Kennesaw area. (CoStar)
Market Analysts
April 2, 2025 | 3:22 P.M.

The pipeline of under-construction apartments in the Atlanta area has decreased significantly over the past year as elevated interest rates have made financing more difficult and decreasing asking rents have made projects harder to pencil.

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