Market Analysis

    Snellville Rental Market Report 2025: A Guide For Property Owners

    May 5, 20258 min read
    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:


  1. **Population Growth**: A 7% increase in residents over the past two years
  2. 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


  3. • **Summit Chase**: Premium location commanding 12% above average rent
  4. • **Oak Road Corridor**: Fastest appreciating area with 15% value growth
  5. • **Eastside Medical Area**: Strong demand from healthcare professionals
  6. • **Town Center District**: Emerging market with development potential

  7. Regulatory Considerations


    Recent updates to Snellville's rental regulations include:


  8. • New short-term rental registration requirements
  9. • Updated noise ordinances affecting vacation rentals
  10. • Modified property maintenance standards
  11. • Streamlined permitting process for rental property improvements

  12. 2025-2026 Forecast


    Our analysis projects continued strength in the Snellville rental market, with:


  13. • Rent growth of 5-7% annually
  14. • Property value appreciation of 8-10%
  15. • Increasing demand for smart home features and energy-efficient properties
  16. • Growing premium for properties in walkable neighborhoods

  17. Investment Recommendations


  18. **Consider Mid-Term Rental Strategy**: The sweet spot between short and long-term rentals
  19. 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.

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