High supply has led to headaches for many multifamily landlords across the nation, but the pain could be coming to an end soon for those with a presence in Atlanta thanks to a couple of major economic trends.

Rents in the metro area are expected to grow 2.1 percent in 2025 year-over-year to an average of $1,633 per month, according to a report from Marcus & Millichap. That would mark the first year that Atlanta's multifamily sector has seen positive annual growth in that category since 2022. And it's thanks to two big economic projections by Marcus.

One is the young workforce flocking to the city for job opportunities. Only three major U.S. markets saw a bigger surge in adding residents in the 20-34-year-old range than Atlanta during 2024. The trend is poised to continue in 2025 and will get some help from a slowdown in deliveries, as Marcus Projects the category to hit a two-year low.