05/20/2026
CITY COUNCIL UPDATE: Council was presented with an update of the Alpharetta Rental Housing Study at the May 4, 2026 meeting. For those who are interested in data driven rental housing information, here is a link to the report: https://alpharettaga.portal.civicclerk.com/event/4606/files/attachment/31089
My summary of the trends in the Study: The cost of home ownership has increased, the percentage of rental units has decreased compared to owner units, Alpharetta renters are older and wealthier than in years past, and they are renting smaller and more expensive rental units.
As for some of the details, the ratio of owner to rental housing units in Alpharetta has changed from 60/40 in 2000 to 63/37 in 2015 to 68/32 percent in 2023. From 2015 to 2023, renter households decreased by 599 representing a 7% decline. Renter households with children under age 18 declined from 38.4% in 2015 to 34.9% in 2023. Renter households headed by a person under age 35 decreased from 43% of renters in 2015 to 17% of renters in 2023. Rental units have become smaller with fewer bedrooms. The median household income for renters increased from $71,920 in 2020 to $88,432 in 2023, a 4.2% increase versus a 1.9% increase for owner's income over the same time period. Median rent rates increased by 86% from $1,037 in 2010 to $1,930 in 2023. Alpharetta has 22 apartment complexes consisting of 6,955 units of which 13 of the properties were built prior to 2000. After 1999, there were 813 apt units (2 properties) built from 2000 to 2011, 1,171 units (5 properties) from 2012 to 2018, and the pace slowed to 395 units (2 properties) from 2019 to 2024.
Housing and land use planning are frequent topics of conversation in Alpharetta. For those interested, I hope you find this information useful.
