Snellville Rental Market Report 2025: A Guide For Property Owners
Snellville Rental Market Report 2025: A Guide For Property Owners
The Snellville rental market has shown remarkable growth in recent years, with property values increasing by an average of 12% annually since 2022. This comprehensive market report provides an in-depth analysis of current trends, projections for the next 12 months, and strategic recommendations for property owners.
Current Market Overview
Snellville's rental market is experiencing a surge in demand, driven by:
2. **Economic Development**: New commercial projects along Highway 78
3. **School Performance**: Continued excellence in Gwinnett County School District
4. **Accessibility**: Improved transportation corridors to Atlanta
Key Rental Metrics (2025)
| Property Type | Avg. Monthly Rent | Vacancy Rate | YoY Change |
|---------------|------------------|--------------|-----------|
| 1BR Apartment | $1,450 | 2.8% | +8.2% |
| 2BR Apartment | $1,850 | 3.1% | +7.5% |
| 3BR Single Family | $2,450 | 1.9% | +11.3% |
| 4BR Single Family | $2,950 | 2.2% | +10.8% |
Short-Term Rental Performance
Short-term rentals in Snellville have seen exceptional growth, with an average daily rate of $195 and an occupancy rate of 76% during peak seasons. Properties near Briscoe Park and the Town Center area command premium rates due to their proximity to local attractions and events.
Mid-Term Rental Opportunities
The mid-term rental segment (3-12 months) has emerged as a particularly lucrative opportunity in Snellville. Corporate relocations and medical professionals at Eastside Medical Center create steady demand for furnished properties with flexible lease terms. This segment shows 22% higher returns compared to traditional long-term rentals.
Long-Term Rental Stability
Traditional long-term rentals continue to provide stable returns for Snellville property owners. The average tenant stays for 2.7 years, and renewal rates exceed 65%, significantly reducing turnover costs and vacancy periods.
Neighborhood Performance Analysis
Regulatory Considerations
Recent updates to Snellville's rental regulations include:
2025-2026 Forecast
Our analysis projects continued strength in the Snellville rental market, with:
Investment Recommendations
2. **Target Summit Chase and Oak Road Areas**: Highest ROI potential
3. **Implement Smart Home Technology**: Command 8-12% rent premium
4. **Energy Efficiency Upgrades**: Attract quality tenants and reduce operating costs
Methodology
This report combines data from multiple sources including MLS listings, rental platforms, census data, and PeachHaus's proprietary rental database tracking over 500 properties in Snellville and surrounding areas.
Get Expert Guidance for Your Snellville Property
Want to discuss how these insights apply to your specific property situation? Schedule a consultation with our Snellville property management experts.