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This paper analyzes the transportation and land-use preference and actual neighborhood choices of a sample of 1,455 residents of metro Atlanta. We develop a stated-preference scale on which desires for neighborhood type are gauged, from preferences for low-density, auto-oriented environments to desires for compact, walkable, and transit-oriented neighborhoods. This scale is then related to desires for change in one’s own neighborhood characteristics after a hypothetical move. If all neighborhood preferences were equally likely to be satisfied, then neighborhood preferences would not be correlated with a desire for change. By contrast, in the current study, stronger preferences for a more walkable environment are associated with greater desire for change in one’s neighborhood characteristics. This suggests an undersupply of compact, walkable, and transit-friendly neighborhood types relative to …