What is the average Class A rent in Atlanta?

Around 38 USD/sqft/yr ($38 USD) across the broader Class A index. Trophy submarkets like Midtown command 20–40% above that.

How many months of rent-free are normal in Atlanta?

14 months on a 8-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Atlanta?

The Atlanta Class A market is currently softening. Vacancy is 22.1%, which sets the negotiating context.

Headline Class A rent in Atlanta is around 38 USD/sqft/yr ($38 USD), with 14 months of typical rent-free on a 8-year term.

Headline Class A rent: 38 USD/sqft/yr ($38 USD).
Trophy submarket rents (Midtown) push to roughly $50/sqft/yr.
Typical concessions on a 8-year deal: 14 months free rent.
Vacancy stands at 22.1% — market trend is softening.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Atlanta Class A office rents and incentives

Headline Class A rent in Atlanta is around 38 USD/sqft/yr ($38 USD), with 14 months of typical rent-free on a 8-year term.

TL;DR

Headline Class A rent: 38 USD/sqft/yr ($38 USD).
Trophy submarket rents (Midtown) push to roughly $50/sqft/yr.
Typical concessions on a 8-year deal: 14 months free rent.
Vacancy stands at 22.1% — market trend is softening.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Atlanta are quoted in USD per sqft per year. Across the broad Class A index the figure is 38, but the trophy tier in Midtown reaches roughly $50/sqft/yr. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Atlanta concessions on a 8-year Class A lease run to 14 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 21% federal plus 5.75% Georgia corporate income tax for an effective combined rate near 24.5%. Local sales/use tax of 8.9% in Fulton County.

Where rents land by submarket

Midtown sits at the top end (~$50/sqft/yr). West Midtown clears around $40/sqft/yr as the prime tier. Downtown represents the value end at ~$28/sqft/yr. The full submarket map is on the Atlanta city page.

Key facts

city	Atlanta
country	United States
region	Americas
classARentLocal	38 USD/sqft/yr
classARentUsd	$38/sqft/yr
vacancy	22.1%
typicalLeaseYears	8
typicalRentFreeMonths	14
submarkets	5
primeYieldPct	7.4%
trophyRent	$50/sqft/yr
primeRent	$40/sqft/yr

Frequently asked questions

What is the average Class A rent in Atlanta?: Around 38 USD/sqft/yr ($38 USD) across the broader Class A index. Trophy submarkets like Midtown command 20–40% above that.
How many months of rent-free are normal in Atlanta?: 14 months on a 8-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Atlanta?: The Atlanta Class A market is currently softening. Vacancy is 22.1%, which sets the negotiating context.

Editorial provenance

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

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction