And of the biggest rental markets in the country, metro Atlanta boasts the sixth largest increase (44 percent) in Baby Boomer renters. Millennial renters increased by 18 percent between 2009 and 2015.
The research also noted a trend in education level with new renters in both cities and suburbs holding a bachelor degree or higher.
In Atlanta, 37 percent of new renters fit the bill, ranking it fourth in the nation in that category.
Phoenix, Arizona and Denver, Colorado attract the highest-educated renters, the study found.
Atlanta’s suburbs are especially attractive for families, both with children or without. Suburbs noticed a 44 percent growth in renting families without children and a 41 percent increase in renting families with children.
But urban neighborhoods only saw a 25 percent increase in renting families without children and an 11 percent increase in renting families with children.