{"id":830,"date":"2026-08-13T07:57:33","date_gmt":"2026-08-13T11:57:33","guid":{"rendered":"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/"},"modified":"2026-09-24T00:20:52","modified_gmt":"2026-09-24T04:20:52","slug":"georgia-cap-rate","status":"publish","type":"post","link":"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/","title":{"rendered":"Georgia Cap Rate by City: Best Deals (2026)"},"content":{"rendered":"<p><strong>Georgia cap rates<\/strong> range from 4\u20135% in Atlanta to 6\u20137% in Augusta \u2014 driven by Georgia&#8217;s low 0.79% property tax that boosts NOI above most competing states. The <a href=\"\/states\/georgia\/cap-rate-calculator\">Georgia cap rate calculator<\/a> runs forward and reverse analysis with GA-specific tax, insurance, and vacancy defaults pre-loaded.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<p><span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav>\n<ul class=\"ez-toc-list ez-toc-list-level-1 \">\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Georgia_Cap_Rates_by_City_2026_Data\">Georgia Cap Rates by City: 2026 Data<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#What_Drives_Cap_Rates_in_Georgia\">What Drives Cap Rates in Georgia<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Augusta_Highest_Cap_Rates\">Augusta: Highest Cap Rates<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Atlanta_Lowest_Cap_Rates_Highest_Growth\">Atlanta: Lowest Cap Rates, Highest Growth<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Georgia_Cap_Rate_vs_Other_States\">Georgia Cap Rate vs Other States<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#5_Georgia_Cap_Rate_Mistakes\">5 Georgia Cap Rate Mistakes<\/a>\n<ul class=\"ez-toc-list-level-3\">\n<li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#1_Using_Statewide_Tax_Rate_for_FultonDeKalb\">1. Using Statewide Tax Rate for Fulton\/DeKalb<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#2_Ignoring_Coastal_Insurance_Premium\">2. Ignoring Coastal Insurance Premium<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#3_Comparing_Atlanta_Cap_Rates_to_Augusta\">3. Comparing Atlanta Cap Rates to Augusta<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#4_Forgetting_499_State_Income_Tax\">4. Forgetting 4.99% State Income Tax<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#5_Not_Accounting_for_Intangible_Tax_in_Acquisition_Cost\">5. Not Accounting for Intangible Tax in Acquisition Cost<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Frequently_Asked_Questions\">Frequently Asked Questions<\/a>\n<ul class=\"ez-toc-list-level-3\">\n<li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#What_is_a_good_cap_rate_in_Georgia\">What is a good cap rate in Georgia?<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#How_does_Georgia_property_tax_affect_cap_rate\">How does Georgia property tax affect cap rate?<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Is_Atlanta_or_Augusta_better_for_cap_rate_investing\">Is Atlanta or Augusta better for cap rate investing?<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Does_Georgia_have_state_income_tax_on_rental_income\">Does Georgia have state income tax on rental income?<\/a><\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#What_insurance_costs_should_I_include_in_Georgia_cap_rate\">What insurance costs should I include in Georgia cap rate?<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/arvcalc.com\/blog\/georgia-cap-rate\/#Related_Georgia_Tools\">Related Georgia Tools<\/a><\/li>\n<\/ul>\n<\/nav>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rates_by_City_2026_Data\"><\/span><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rates_by_City_2026_Data\"><\/span><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rates_by_City_2026_Data\"><\/span>Georgia Cap Rates by City: 2026 Data<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>Metro<\/th>\n<th>Median Price<\/th>\n<th>Median Rent<\/th>\n<th>Typical Cap Rate<\/th>\n<th>Vacancy<\/th>\n<th>Property Tax<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Augusta<\/strong><\/td>\n<td>$210,000<\/td>\n<td>$1,200\/mo<\/td>\n<td><strong>5.5\u20137.0%<\/strong><\/td>\n<td>8.0%<\/td>\n<td>1.0%<\/td>\n<\/tr>\n<tr>\n<td><strong>Athens<\/strong><\/td>\n<td>$280,000<\/td>\n<td>$1,400\/mo<\/td>\n<td><strong>4.5\u20135.5%<\/strong><\/td>\n<td>5.0%<\/td>\n<td>0.9%<\/td>\n<\/tr>\n<tr>\n<td><strong>Savannah<\/strong><\/td>\n<td>$360,000<\/td>\n<td>$1,600\/mo<\/td>\n<td><strong>4.0\u20135.0%<\/strong><\/td>\n<td>7.0%<\/td>\n<td>0.95%<\/td>\n<\/tr>\n<tr>\n<td><strong>Atlanta<\/strong><\/td>\n<td>$400,000<\/td>\n<td>$1,700\/mo<\/td>\n<td><strong>2.0\u20134.5%<\/strong><\/td>\n<td>5.5%<\/td>\n<td>1.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Augusta leads because of low prices and moderate rents \u2014 the rent-to-price ratio is the best in Georgia. Atlanta&#8217;s compressed cap rates reflect appreciation pricing, not poor income. The <a href=\"https:\/\/taxfoundation.org\/location\/georgia\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tax Foundation<\/a> confirms Georgia&#8217;s property tax advantage \u2014 at 0.79%, it is the lowest among major investor states.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Drives_Cap_Rates_in_Georgia\"><\/span><span class=\"ez-toc-section\" id=\"What_Drives_Cap_Rates_in_Georgia\"><\/span><span class=\"ez-toc-section\" id=\"What_Drives_Cap_Rates_in_Georgia\"><\/span>What Drives Cap Rates in Georgia<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Low property tax = higher NOI.<\/strong> Georgia&#8217;s 0.79% effective rate vs Texas 1.40% means $1,220 more NOI per year on a $200K property. That alone adds 0.6% to cap rate. Use county-specific rates in the <a href=\"\/states\/georgia\/cap-rate-calculator\">Georgia cap rate calculator<\/a> \u2014 Fulton County (1.1%) is 40% higher than statewide average.<\/p>\n<p><strong>Insurance varies dramatically.<\/strong> Atlanta inland: $2,000\/yr. Savannah coastal: $2,800\/yr. The $800 difference reduces Savannah cap rates by roughly 0.5% vs an identical property in Atlanta. Get real quotes from the <a href=\"https:\/\/oci.georgia.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\">Georgia Department of Insurance<\/a> marketplace.<\/p>\n<p><strong>Military and university demand.<\/strong> Augusta (Fort Eisenhower) and Athens (UGA) have uniquely stable tenant pools that reduce vacancy risk and support consistent rents \u2014 factors that compress cap rates below what the raw numbers suggest. Lower risk = lower cap rate = more expensive per dollar of NOI.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Augusta_Highest_Cap_Rates\"><\/span><span class=\"ez-toc-section\" id=\"Augusta_Highest_Cap_Rates\"><\/span><span class=\"ez-toc-section\" id=\"Augusta_Highest_Cap_Rates\"><\/span>Augusta: Highest Cap Rates<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A $160K duplex renting for $1,500\/month (two $750 units) produces roughly $10,600 NOI and a <strong>6.6% cap rate<\/strong>. Fort Eisenhower and the Army Cyber Command provide a steady stream of military tenants. The Masters Tournament creates short-term rental demand every April. Cap rates in Augusta run 5.5\u20137% on stabilized SFR and small multifamily.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Atlanta_Lowest_Cap_Rates_Highest_Growth\"><\/span><span class=\"ez-toc-section\" id=\"Atlanta_Lowest_Cap_Rates_Highest_Growth\"><\/span><span class=\"ez-toc-section\" id=\"Atlanta_Lowest_Cap_Rates_Highest_Growth\"><\/span>Atlanta: Lowest Cap Rates, Highest Growth<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A $400K SFR renting for $1,700\/month produces roughly $9,300 NOI and a <strong>2.3% cap rate<\/strong>. Atlanta is priced for appreciation, not cash flow. Delta, Coca-Cola, UPS, Home Depot, and the film industry (Georgia is #1 in the US) drive demand. Vacancy at 5.5% is tight. For investors accepting thin cash flow in exchange for equity growth, Atlanta works. For cash flow, look to Augusta.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rate_vs_Other_States\"><\/span><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rate_vs_Other_States\"><\/span><span class=\"ez-toc-section\" id=\"Georgia_Cap_Rate_vs_Other_States\"><\/span>Georgia Cap Rate vs Other States<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>State<\/th>\n<th>Typical SFR Cap Rate<\/th>\n<th>Property Tax<\/th>\n<th>Insurance<\/th>\n<th>Income Tax<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Georgia<\/strong><\/td>\n<td>4.0\u20137.0%<\/td>\n<td><strong>0.79%<\/strong><\/td>\n<td>$2,100<\/td>\n<td>4.99%<\/td>\n<\/tr>\n<tr>\n<td>Ohio<\/td>\n<td>5.0\u20137.0%<\/td>\n<td>1.36%<\/td>\n<td>$2,100<\/td>\n<td>2.75%<\/td>\n<\/tr>\n<tr>\n<td>Texas<\/td>\n<td>4.5\u20136.5%<\/td>\n<td>1.40%<\/td>\n<td>$3,300<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Florida<\/td>\n<td>4.0\u20136.0%<\/td>\n<td>1.10%<\/td>\n<td>$4,500<\/td>\n<td>0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Georgia&#8217;s cap rate range is wide because Augusta ($210K) and Atlanta ($400K) are very different markets. The property tax advantage gives Georgia higher NOI per property dollar than any state in the table. For state-level cap rate comparisons, see the <a href=\"\/blog\/cap-rate-by-state-best-markets-2026\/\">cap rate by state guide<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_Georgia_Cap_Rate_Mistakes\"><\/span><span class=\"ez-toc-section\" id=\"5_Georgia_Cap_Rate_Mistakes\"><\/span><span class=\"ez-toc-section\" id=\"5_Georgia_Cap_Rate_Mistakes\"><\/span>5 Georgia Cap Rate Mistakes<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Using_Statewide_Tax_Rate_for_FultonDeKalb\"><\/span><span class=\"ez-toc-section\" id=\"1_Using_Statewide_Tax_Rate_for_FultonDeKalb\"><\/span><span class=\"ez-toc-section\" id=\"1_Using_Statewide_Tax_Rate_for_FultonDeKalb\"><\/span>1. Using Statewide Tax Rate for Fulton\/DeKalb<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Why:<\/strong> 0.79% statewide vs 1.1\u20131.2% in metro Atlanta counties = $620\u2013$820\/yr difference on $200K.<\/p>\n<p><strong>Fix:<\/strong> County auditor website. The <a href=\"\/states\/georgia\/cap-rate-calculator\">Georgia cap rate calculator<\/a> defaults statewide \u2014 override for your county.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Ignoring_Coastal_Insurance_Premium\"><\/span><span class=\"ez-toc-section\" id=\"2_Ignoring_Coastal_Insurance_Premium\"><\/span><span class=\"ez-toc-section\" id=\"2_Ignoring_Coastal_Insurance_Premium\"><\/span>2. Ignoring Coastal Insurance Premium<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Why:<\/strong> Savannah $2,800\/yr vs Atlanta $2,000\/yr = 0.5% cap rate difference on the same property.<\/p>\n<p><strong>Fix:<\/strong> Get real insurance quotes for any property within 50 miles of the coast.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Comparing_Atlanta_Cap_Rates_to_Augusta\"><\/span><span class=\"ez-toc-section\" id=\"3_Comparing_Atlanta_Cap_Rates_to_Augusta\"><\/span><span class=\"ez-toc-section\" id=\"3_Comparing_Atlanta_Cap_Rates_to_Augusta\"><\/span>3. Comparing Atlanta Cap Rates to Augusta<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Why:<\/strong> 2.3% in Atlanta and 6.6% in Augusta are not the same risk profile. Atlanta has 5.5% vacancy and Fortune 500 employers. Augusta has 8% vacancy and military dependency.<\/p>\n<p><strong>Fix:<\/strong> Compare within the same metro. Use cap rate to evaluate deals in the same city, not across cities.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Forgetting_499_State_Income_Tax\"><\/span><span class=\"ez-toc-section\" id=\"4_Forgetting_499_State_Income_Tax\"><\/span><span class=\"ez-toc-section\" id=\"4_Forgetting_499_State_Income_Tax\"><\/span>4. Forgetting 4.99% State Income Tax<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Why:<\/strong> Cap rate is pre-income-tax. After 4.99% GA state tax, your effective after-tax yield drops. A 6% cap rate with 4.99% income tax delivers less than a 6% cap rate in Texas (0%).<\/p>\n<p><strong>Fix:<\/strong> Calculate after-tax cash flow separately using the <a href=\"\/property-cash-flow-calculator\">cash flow calculator<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Not_Accounting_for_Intangible_Tax_in_Acquisition_Cost\"><\/span><span class=\"ez-toc-section\" id=\"5_Not_Accounting_for_Intangible_Tax_in_Acquisition_Cost\"><\/span><span class=\"ez-toc-section\" id=\"5_Not_Accounting_for_Intangible_Tax_in_Acquisition_Cost\"><\/span>5. Not Accounting for Intangible Tax in Acquisition Cost<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Why:<\/strong> 0.3% intangible tax on mortgage + 0.1% transfer tax + attorney fee adds $2,000\u2013$3,000 that most out-of-state investors miss.<\/p>\n<p><strong>Fix:<\/strong> Use the <a href=\"\/states\/georgia\/closing-costs-calculator\">Georgia closing costs calculator<\/a> for accurate total acquisition cost.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>\n<div class=\"schema-faq-section\">\n<h3 class=\"schema-faq-question font-bold text-lg cursor-pointer\"><span class=\"ez-toc-section\" id=\"What_is_a_good_cap_rate_in_Georgia\"><\/span><span class=\"ez-toc-section\" id=\"What_is_a_good_cap_rate_in_Georgia\"><\/span><span class=\"ez-toc-section\" id=\"What_is_a_good_cap_rate_in_Georgia\"><\/span>What is a good cap rate in Georgia?<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"schema-faq-answer py-2\" style=\"display:block\">\n<p>Augusta: 5.5\u20137% (cash flow). Athens: 4.5\u20135.5% (student demand). Atlanta: 2\u20134.5% (appreciation). A &#8220;good&#8221; cap rate depends on whether you prioritize cash flow or growth. Use the <a href=\"\/states\/georgia\/cap-rate-calculator\">Georgia cap rate calculator<\/a>.<\/p>\n<\/div>\n<\/div>\n<div class=\"schema-faq-section\">\n<h3 class=\"schema-faq-question font-bold text-lg cursor-pointer\"><span class=\"ez-toc-section\" id=\"How_does_Georgia_property_tax_affect_cap_rate\"><\/span><span class=\"ez-toc-section\" id=\"How_does_Georgia_property_tax_affect_cap_rate\"><\/span><span class=\"ez-toc-section\" id=\"How_does_Georgia_property_tax_affect_cap_rate\"><\/span>How does Georgia property tax affect cap rate?<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"schema-faq-answer py-2\" style=\"display:none\">\n<p>Georgia&#8217;s 0.79% effective property tax is among the lowest in the US. Lower tax means higher NOI, which means higher cap rates compared to identical properties in high-tax states. A $200K Georgia property saves $1,220\/year vs Texas \u2014 roughly 0.6% higher cap rate.<\/p>\n<\/div>\n<\/div>\n<div class=\"schema-faq-section\">\n<h3 class=\"schema-faq-question font-bold text-lg cursor-pointer\"><span class=\"ez-toc-section\" id=\"Is_Atlanta_or_Augusta_better_for_cap_rate_investing\"><\/span><span class=\"ez-toc-section\" id=\"Is_Atlanta_or_Augusta_better_for_cap_rate_investing\"><\/span><span class=\"ez-toc-section\" id=\"Is_Atlanta_or_Augusta_better_for_cap_rate_investing\"><\/span>Is Atlanta or Augusta better for cap rate investing?<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"schema-faq-answer py-2\" style=\"display:none\">\n<p>Augusta for cash flow (6\u20137% cap rates, $210K median). Atlanta for appreciation (2\u20134.5% cap rates, but 1.3% population growth and tight 5.5% vacancy). Many Georgia investors own in both markets.<\/p>\n<\/div>\n<\/div>\n<div class=\"schema-faq-section\">\n<h3 class=\"schema-faq-question font-bold text-lg cursor-pointer\"><span class=\"ez-toc-section\" id=\"Does_Georgia_have_state_income_tax_on_rental_income\"><\/span><span class=\"ez-toc-section\" id=\"Does_Georgia_have_state_income_tax_on_rental_income\"><\/span><span class=\"ez-toc-section\" id=\"Does_Georgia_have_state_income_tax_on_rental_income\"><\/span>Does Georgia have state income tax on rental income?<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"schema-faq-answer py-2\" style=\"display:none\">\n<p>Yes \u2014 4.99% flat rate (effective 2026). Cap rate is pre-tax, so it does not appear in the calculation, but it affects your after-tax return. No municipal income taxes in Georgia (unlike Ohio).<\/p>\n<\/div>\n<\/div>\n<div class=\"schema-faq-section\">\n<h3 class=\"schema-faq-question font-bold text-lg cursor-pointer\"><span class=\"ez-toc-section\" id=\"What_insurance_costs_should_I_include_in_Georgia_cap_rate\"><\/span><span class=\"ez-toc-section\" id=\"What_insurance_costs_should_I_include_in_Georgia_cap_rate\"><\/span><span class=\"ez-toc-section\" id=\"What_insurance_costs_should_I_include_in_Georgia_cap_rate\"><\/span>What insurance costs should I include in Georgia cap rate?<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"schema-faq-answer py-2\" style=\"display:none\">\n<p>Statewide average is $2,100\/yr. Coastal Savannah: $2,800\/yr. Atlanta metro: $1,800\u2013$2,200. Always get actual quotes \u2014 insurance is an operating expense that directly reduces NOI and cap rate. Add flood insurance ($600\u2013$2,000) if in a FEMA zone.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Related_Georgia_Tools\"><\/span><span class=\"ez-toc-section\" id=\"Related_Georgia_Tools\"><\/span><span class=\"ez-toc-section\" id=\"Related_Georgia_Tools\"><\/span>Related Georgia Tools<span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"\/states\/georgia\/cap-rate-calculator\"><strong>Georgia Cap Rate Calculator<\/strong><\/a><\/li>\n<li><a href=\"\/states\/georgia\/rental-property-calculator\"><strong>Georgia Rental Property Calculator<\/strong><\/a><\/li>\n<li><a href=\"\/states\/georgia\/closing-costs-calculator\"><strong>Georgia Closing Costs Calculator<\/strong><\/a><\/li>\n<li><a href=\"\/states\/georgia\/dscr-calculator\"><strong>Georgia DSCR Calculator<\/strong><\/a><\/li>\n<li><a href=\"\/states\/georgia\/\"><strong>Georgia Calculator Hub<\/strong><\/a><\/li>\n<li><a href=\"\/blog\/good-cap-rate-rental-property\/\">What Is a Good Cap Rate?<\/a><\/li>\n<li><a href=\"\/blog\/cap-rate-by-state-best-markets-2026\/\">Cap Rate by State 2026<\/a><\/li>\n<li><a href=\"\/calculators\"><strong>All 30+ Calculators<\/strong><\/a><\/li>\n<\/ul>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"900\" height=\"280\" src=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-metro-chart.jpg\" alt=\"Georgia cap rate by city chart\" class=\"wp-image-843\" srcset=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-metro-chart.jpg 900w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-metro-chart-300x93.jpg 300w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-metro-chart-768x239.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption>Georgia Cap Rates: Augusta highest, Atlanta lowest<\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"900\" height=\"250\" src=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-augusta-example.jpg\" alt=\"Georgia cap rate Augusta investment example\" class=\"wp-image-844\" srcset=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-augusta-example.jpg 900w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-augusta-example-300x83.jpg 300w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-augusta-example-768x213.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption>Augusta: $160K duplex, 6.6% cap rate, military tenants<\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"900\" height=\"230\" src=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-vs-states.jpg\" alt=\"Georgia cap rate vs other states\" class=\"wp-image-845\" srcset=\"https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-vs-states.jpg 900w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-vs-states-300x77.jpg 300w, https:\/\/arvcalc.com\/blog\/wp-content\/uploads\/2026\/08\/georgia-cap-rate-vs-states-768x196.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption>Georgia competes with Ohio, Texas, Florida<\/figcaption><\/figure>\n<p class=\"text-sm text-gray-500\">Sources: <a href=\"https:\/\/dor.georgia.gov\/property-tax\" target=\"_blank\" rel=\"noopener noreferrer\">Georgia DOR Property Tax<\/a> \u00b7 <a href=\"https:\/\/fred.stlouisfed.org\/tags\/series?t=georgia\" target=\"_blank\" rel=\"noopener noreferrer\">FRED Georgia Data<\/a> \u00b7 <a href=\"https:\/\/oci.georgia.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\">Georgia Office of Insurance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Georgia cap rates range from 4\u20135% in Atlanta to 6\u20137% in Augusta \u2014 driven by Georgia&#8217;s low 0.79% property tax that boosts NOI above most competing states. The Georgia cap&#8230;<\/p>\n","protected":false},"author":1,"featured_media":839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing"],"_links":{"self":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/comments?post=830"}],"version-history":[{"count":4,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/830\/revisions"}],"predecessor-version":[{"id":1364,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/830\/revisions\/1364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media\/839"}],"wp:attachment":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media?parent=830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/categories?post=830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/tags?post=830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}