Workforce housing is outperforming all other multifamily classes

Solid population growth and a strong economy continued to boost Atlanta’s rental market, with the city ranking third for rent growth among major U.S. metros last year.

Metro Atlanta’s economy bounced back from seasonal layoffs in January with a burst of jobs the next month, the Georgia Labor Department reported Thursday.

February’s numbers were better than might have been expected: 21,400 more jobs, across a number of sectors, were added to the economy. For the previous five years, Atlanta had added an average of 13,100 jobs in February — 8,300 fewer than in 2019. Moreover, the national jobs report showed the U.S. economy barely added any jobs at all — 20,000 — during the month