Alongside the business spaces, retail, and restaurants, Ponce City Market offers additional residential spaces. Known as the Flats, these apartments integrate Ponce City Market’s historic landscape, Sears and Roebuck, with modern design. For an individual residing in this development, every commodity they require is located within their building complex. Though food, clothing, entertainment, and living spaces are within the same entity as the apartments, other complications ensue when examining the residential pricing. The floor plans consist of studio, one bedroom, two bedroom, and three bedroom. The apartments can be viewed here: The Flats Gallery, at Ponce City Market’s website. As exhibited by the unit pricing listed below, monthly rates range from $1559 to $2975 per month, excluding initial deposits. Among rent, utility bills, and miscellaneous expenditures, these costs exceed incomes of lower-class individuals. The average rent within Atlanta for a one bedroom, one bathroom apartment is $1331, over two hundred dollars cheaper than the same layout within the Flats. Moreover, the Ponce City Market community has the third highest rent in Atlanta, according to Rent Jungle, with a mean rent equating to $1,884 per month. To further the dense expenses of Atlanta, rents within suburban cities are considerably less inexpensive than those in the city. Therefore, the city predominantly targets higher-incomes generally. As certain neighborhoods are deemed more valuable, similar to Ponce de Leon, apartment pricings gradually increase. As a result, lower socioeconomic classes become marginalized since they cannot financially support themselves with Ponce City Market’s living expenses. With their limited income, individuals simply cannot afford such expensive housing which furthers their withdrawal from the community.

Units and pricing included below: