Downtown (established, ~$28/sqft/yr) is one of 5 Atlanta Class A submarkets we track.

  • Downtown sits at established tier.
  • Average rent $28/sqft/yr vs city average 38.
  • Compared submarkets: Midtown (trophy), Buckhead (trophy), West Midtown (prime).

Downtown vs other Atlanta submarkets

Downtown (established, ~$28/sqft/yr) is one of 5 Atlanta Class A submarkets we track.

TL;DR

  • Downtown sits at established tier.
  • Average rent $28/sqft/yr vs city average 38.
  • Compared submarkets: Midtown (trophy), Buckhead (trophy), West Midtown (prime).

Side-by-side with peers

**Midtown** (trophy, $50/sqft/yr) — Atlanta's principal HQ corridor. **Buckhead** (trophy, $48/sqft/yr) — Atlanta's premier finance and legal address. **West Midtown** (prime, $40/sqft/yr) — Repositioned warehouse and creative submarket. **Perimeter Center** (prime, $32/sqft/yr) — Suburban trophy and HQ market.

Key facts

cityAtlanta
submarketDowntown
tierestablished
averageRentLocal$28/sqft/yr
cityClassARentUsd$38/sqft/yr
cityVacancyPct22.1%

Frequently asked questions

What other submarkets compete with Downtown in Atlanta?
Midtown, Buckhead, West Midtown

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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