Georgia
A Southeastern Powerhouse for Growth and Investment
Washington State continues to offer a strong and diversified rental housing market. Anchored by the dynamic economy of Seattle and supported by stable growth in cities like Spokane, Bellingham, Wenatchee, Olympia, and the Tri-Cities, this region remains a strategic focus for Summerfield Property Management.
We manage multifamily communities across the state, bringing our operational expertise to properties ranging from vibrant urban hubs to high-demand suburban and tertiary markets.
What We Love About Georgia
Georgia boasts one of the most diverse and rapidly expanding economies in the Southeast. Anchored by Atlanta—home to Fortune 500 companies like Delta Air Lines, The Home Depot, Coca-Cola, and UPS—the state is a magnet for corporate relocations and job seekers alike. Atlanta’s role as a logistics and transportation hub, bolstered by Hartsfield-Jackson International Airport, further strengthens its national and global connectivity.
Healthcare and higher education also play vital roles in Georgia’s economy. Emory University and Emory Healthcare together employ over 30,000 people in the state. Piedmont Healthcare, Wellstar Health System, and Augusta University Health are other major employers supporting strong demand in medical and academic sectors.
The Port of Savannah, one of the fastest-growing container ports in the U.S., fuels economic activity in coastal regions and supports robust job creation in logistics, manufacturing, and trade.
Georgia’s combination of affordability, quality of life, and economic mobility makes it a top destination for individuals and families relocating from higher-cost regions.
At a Glance
Population Growth
High in-migration and natural growth driven by affordability and opportunity
Average Income
Stable and rising incomes, particularly in Metro Atlanta and coastal growth corridors
Number of Properties
Established presence in Atlanta metro and growing portfolio in regional cities
Management Approach
Scalable strategies focused on NOI improvement and long-term asset value
Market Insights
Georgia’s rental market remains strong, especially in metro Atlanta where high demand meets limited housing supply. Submarkets like Gwinnett, Cobb, and DeKalb counties offer solid investment fundamentals, while secondary markets such as Savannah are gaining investor interest due to economic diversification and job growth.
With rising construction costs and ongoing supply constraints, professionally managed communities that prioritize tenant retention and operational efficiency have a competitive edge.
2024 Q4
9,446,879
2025 Q4
9,514,106
2026 Q4
9,587,083
2027 Q4
9,661,085
2028 Q4
9,735,350
2029 Q4
9,813,356
2030 Q4
9,894,654
2031 Q4
9,979,441
2032 Q4
10,064,339
2033 Q4
10,149,069
2034 Q4
10,233,502
Challenges
Urban Infrastructure Strain
Managing growth in Atlanta and other fast-expanding areas while ensuring livability and access
Zoning and Regulation
Navigating varying municipal policies, especially in larger cities with evolving housing regulations
Affordability Tensions
Balancing rising rents with tenant expectations and affordability goals
Looking Ahead
Georgia’s job market is projected to grow by over 10% between 2023 and 2033, with major expansions expected in healthcare, logistics, information technology, and construction. With a pro-business climate and strong in-migration, the demand for high-quality, professionally managed rental housing will continue to rise across the state.
From optimizing performance in Class B assets across the Atlanta suburbs to stabilizing communities in high-demand cities like Savannah, our local teams execute on strategies that drive results.
Local Presence,
Regional Expertise
Our Georgia operations are led through our Southeast Regional Headquarters in Atlanta, with on-the-ground teams managing assets throughout the state.
Ready to Learn More?
Let’s talk about how we manage better in Georgia.
