Vine City Rentals & Homes for Sale

 

Real estate in the Vine City neighborhood of Atlanta can be purchased far below typical prices found throughout this major city. The Vine City neighborhood of Atlanta, once home to Rev. Dr. Martin Luther King, Jr., is located just north of West End and just west of downtown. While this neighborhood is being revitalized and there is much work being done to improve its overall appeal, it is a relatively inexpensive place to acquire properties in Atlanta’s in-demand housing market.

Vine City Rentals & Homes For Sale
Real Estate in Vine City Presents Some Significant Savings Opportunities

Vine City is made up of over 3,800 people, 53 percent of whom are males. The following is a short list of Vine City’s demographics to help you decide on the area before you look for homes here:

  • With less diversity than some other neighborhoods around the city, Vine City has a population that is 89 percent African-American, five percent Hispanic and three percent white.
  • 24 percent of all residents are between 25 and 34 years of age, while those older than 65 years of age make up just seven percent of the neighborhood. All remaining age groups are spread almost evenly with a range of 10 to 14 percent each.
  • Those with some college education or an Associate’s degree make up 32 percent of the neighborhood’s population, while those holding a Master’s or Bachelor’s degree are eight and 15 percent, respectively. Additionally, 28 percent of Vine City residents have only received a high school diploma.

For residents in area, the median household income in Vine City is $24,241 compared to the national median of $55,322. Most individuals who live on Vine City properties have very low yearly earnings. You can see the complete income distributions below:

  • 54 percent of the households in Vine City earn less than $25,000.
  • 26 percent have incomes between $26,000 and $44,000 per year.
  • 12 percent make between $45,000 and $74,000.
  • Seven percent earn over $75,000.
  • One percent eclipse $150,000.

One reason homes in Vine City tend to cost less than those in other neighborhoods in Atlanta is because it has an elevated crime rate. Per 100,000 residents, Vine City reported:

  • 1,223 assaults compared to the national average of 283.
  • 786 robberies compared to 136 on average.
  • 2,504 burglaries compared to 500.

 

Real estate in Vine City presents some significant savings opportunities compared to other areas around Atlanta and the downtown area. With 85 percent of all Vine City residents living in rentals, the median price for houses is $126,825, nearly $60,000 less than the national median. Take a look at the distribution of home values in the area below:

  • 34 percent – $100,000 to $199,000
  • 29 percent – $200,000 to $399,000
  • 23 percent – $50,000 to $99,000
  • 14 percent – <$50,000
  • One percent – $750,000+

Meanwhile, the median price for rental homes is $857 per month, which is about $100 less than the national median. The distribution of rental prices is as follows:

  • 62 percent – $500 to $999
  • 20 percent – $1,000 to $1,499
  • 15 percent – <$500
  • Two percent – $1,500 to $1,999

To encourage more homeownership in Vine City, the Invest Atlanta trust fund provides up to $15,000 for a down payment to first-time home buyers looking to purchase property in this neighborhood. Home Atlanta 4.0 is another group that provides up to five percent of a home’s value for a down payment, as well. HUD homes are also available in this area, but are limited due to high demand.

 

Vine City’s dining and entertainment scene is not yet flourishing, as the neighborhood is still undergoing revitalization and redevelopment to recover from some tougher times. However, there are a few spots worth checking out for new homeowners interested in local dives and hidden gems.

  • Busy Bee Café – This unique eatery has been around since just after World War II when the original proprietor, Lucy Jackson, perfected her recipe for Southern Fried Chicken. Her recipes survive to this day as the Busy Bee continues to delight patrons with this hallmark dish of the South.
  • Mr. Everything Café – Another long-time Atlanta staple, Mr. Everything has been serving celebrities, athletes, and regular Atlanta residents since 1993. You can find a long list of subs, sandwiches, desserts, salads, rice dishes, burgers, dogs and grilled meats sure to satisfy your taste buds.
  • Jamal’s Buffalo Wings – This is a local favorite and a hot spot for those who own homes in the area. With its legendary buffalo wings, Jamal’s is a hole-in-the-wall dining spot that has proven itself to be a hidden gem. Unlike many of today’s wing franchises, Jamal’s loads up your plate without emptying your wallet, making sure you never leave hungry.
  • Georgia Aquarium – The Georgia Aquarium was the largest marine aquarium in the world until 2012, but it is still the largest aquarium within the United States. It houses thousands of species that total over 100,000 creatures big and small. Some of the most exotic include:
    • Whale sharks
    • Beluga whales
    • Sea lions
    • Manta rays

The public schools in Vine City are mostly ranked as D schools. However, the area boasts charter schools for both elementary and middle school aged children that rank highly amongst the city’s schools. These charter school options are available to individuals who own real estate in Vine City, and include:

  • Atlanta Neighborhood Charter School
  • Charles R. Drew Charter School
  • KIPP Atlanta Collegiate

As far as walkability is concerned, your child may be able to walk to school, but most residents will need to take public transportation or have their own vehicles. Vine City has its own Metropolitan Atlanta Rapid Transit Authority (MARTA) station nearby, and there are several bus lines available to residents and commuters.


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