Mortgage Rates in Atlanta, Georgia: 2026 Guide
30-year fixed: 6.7%. Median: $395,000.
Current Mortgage Rates in Atlanta
| Loan Type | Rate | APR | Monthly* |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.780% | $2,039/mo |
| 15-Year Fixed | 6.18% | 6.250% | $2,697/mo |
| 5/1 ARM | 6.08% | 6.430% | $1,911/mo |
Atlanta Market Insights
Atlanta is the economic hub of the Southeast with a diverse economy spanning tech, film, and logistics. The housing market offers a wide range of options from urban condos in Midtown to suburban homes in the suburbs. Popular neighborhoods include Buckhead, the Old Fourth Ward, and Virginia-Highland.
FAQs
What is the average mortgage rate in Atlanta?+
How much down payment is needed in Atlanta?+
What are property taxes in Atlanta?+
What a $395,000 Home Costs in Atlanta
At Atlanta's median home price of $395,000, a 20% down payment is $79,000. On a 30-year fixed loan at 6.7%, the monthly principal and interest payment works out to $2,039, and property taxes add roughly $303 per month at an effective rate of 0.92%. That puts the total PITI payment near $2,342 a month before homeowners insurance and HOA fees.
Keeping housing at or below 28% of gross income means a buyer in Atlanta typically needs to earn about $100,371 a year to carry this payment comfortably.
Tax & Rate Context in Atlanta
The effective property tax rate in Atlanta is 0.92%, which works out to roughly $3,634 a year on a median-priced home. The average 30-year fixed rate of 6.7% sits -0.01 points below the national average of 6.71%, giving local buyers a small payment advantage. Atlanta has an estimated population of 500K, and demand in the local market affects how quickly homes move and how often sellers negotiate on price.