What's a good cap rate in Athens?

In Athens, cap rates typically run around 6.5% (Georgia state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Athens deal lands versus this benchmark.

What's the average rent for a rental in Athens?

A typical rental in Athens runs about $1,200–$1,650/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Georgia?

Georgia's effective property tax rate is about 0.92% of value per year — the figure TrueCap applies by default for Athens deals. You can override it with the exact local rate.

Athens, GA

Athens rental property analysis

Athens is built around the University of Georgia — a large, renewing student base drives consistently high rental demand.

Athens market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

6.5%

Georgia state median

Typical rent

$1,200–$1,650/mo

est., SFR / small multi

Typical price

$230,000–$320,000

est., all-in

Property tax

0.92%

Georgia effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Athens a good place to buy rentals?

UGA demand underpins occupancy and supports appreciation; near-campus submarkets turn over each year.

See the full Georgiainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Athens

Five Points

Desirable, near campus, premium.

Eastside Athens

Family renters, value.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Athens deal in 60 seconds

Paste a Athens address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Georgia tax and HUD rent so you start from the right assumptions.

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