Mortgage Rates in Atlanta, Georgia: 2026 Guide
30-year fixed: 7.32%. Median: $395,000.
Current Mortgage Rates in Atlanta
| Loan Type | Rate | APR | Monthly* |
|---|---|---|---|
| 30-Year Fixed | 7.32% | 7.400% | $2,171/mo |
| 15-Year Fixed | 6.68% | 6.750% | $2,784/mo |
| 5/1 ARM | 6.46% | 6.810% | $1,989/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 7.32%, the monthly principal and interest payment works out to $2,171, and property taxes add roughly $244 per month at an effective rate of 0.74%. That puts the total PITI payment near $2,415 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 $103,500 a year to carry this payment comfortably.
Tax & Rate Context in Atlanta
The effective property tax rate in Atlanta is 0.74%, which works out to roughly $2,923 a year on a median-priced home.The 30-year fixed rate used here is the national Freddie Mac PMMS average of 7.32%. Local quotes move with credit score, down payment and lender, so compare at least three offers. 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.