The latest trend among new Atlanta apartments? Less square feet.

We’re not but at Manhattan-level sq. footage (not even shut). However newer flats in metro Atlanta are just a little cozier than older items.

Why it issues: Residence sizes are shrinking nationally, a reversal within the rental market that noticed items get greater throughout the early a part of the work-from-home period.

By the numbers: The common measurement of newer Atlanta flats is 900 sq. toes, in comparison with the 2022 nationwide common of 887 sq. toes, per a brand new report from itemizing service RentCafe.

The massive image: Nationwide, newly constructed flats shed 30 sq. toes on common in comparison with 2021, per the report.

• That sharp lower was fueled partially by extra studios and one-bedroom flats getting into the market, researchers discovered, analyzing the 100 metro areas with probably the most high-density buildings.

Zoom in: Decatur’s common new flats measured in at 881 toes, the smallest within the metro.

• Builders went greater round Marietta, the place the common sq. footage in newer items is 1,060 sq. toes.

Intrigue: The common measurement of an condo in 12Hundred Studios, an inexpensive housing improvement in Hunter Hills that opened in 2022, is 250 sq. toes, Urbanize experiences.

What’s taking place: In 2020 and 2021, demand for more room resulted in bigger unit configurations, RentCafe analyst Adina Dragos tells Axios.

• “Quick ahead to 2022, the demand for extra flats prompted builders to accommodate extra items of their initiatives,” Dragos says.
• Working example: 57% of flats accomplished final yr had been small items — outlined by RentCafe as studios and one-bedrooms — throughout the U.S.

Of word: On the native degree, researchers thought of new flats these items constructed between 2013 and 2022.

What we’re watching: Flats below development. Because the market retains fluctuating post-pandemic, their measurement may sign whether or not the pattern of smaller leases will stick.