The 5 Best Places to Buy Rental Property in Georgia

15 Niche users give it an average review of 3.5 stars. Who rely on TurboTenant to create welcoming rental experiences. Perched on Georgia's beachy coast, Savannah's home values have risen steadily in recent years. From 2015 to 2022, the average home value in Savannah jumped from $145,000 to $259,000. For those interested in Airbnb, a Macon apartment commands an average price of $117 per night. Recent investments have helped bolster tourism in Macon, and tourist spending in Macon-Bibb County topped $395 million in 2018.

best places to buy homes in georgia

As its name implies, Eastside is in the eastern part of Atlanta. Over the 2015–2019 period, the high school graduation rate in Alpharetta was significantly above the U.S. national average of 88%. The population of adults above 25 years of age with a college degree was 69.2%, significantly above the national average of approximately 32%. If you’re getting a mortgage, that 25% limit includes principal, interest, property taxes, home insurance, private mortgage insurance and homeowners association fees. Use our mortgage calculator to enter your down payment amount and try out different home prices within your budget.

Stephen Gaynor School

Before leading business and investment advisory services for over 25 years, I got a Ph.D. in Economics and taught at the university level. I have lived in Houston, Texas and Chicago, Illinois for a combined 35 years. I also traveled to 40+ states on business and pleasure, and love writing about the great cities and small towns across the US. Over the 2015–2019 period, the high school graduation rate in Canton was just below the U.S. national average of 88%. The population of adults above 25 years of age with a college degree was below the national average of approximately 32%.

best places to buy homes in georgia

If you’ve always dreamed of retiring to the mountains, this may be the place for you. The town’s Blue Ridge Scenic Railway features antique trains that take you on a journey past the river and through the countryside to visit beautiful mountain villages. The Atlanta area scores a top spot as one of the best places to live in Georgia for many reasons. First off, there’s always plenty of fun things for locals to do. The Georgia Aquarium (the largest in the U.S.!), Coca-Cola museum, and College Football Hall of Fame are all within walking distance from each other in the heart of downtown.

Mountain Park

It boasts a skyline of impressive high-rise buildings along with tree-filled residential areas. The population in Atlanta grew by 18.7% from April 2010 through April 2020, well above both the overall U.S. rate of 7.4% and the Georgia rate of 10.6%. The universities and colleges in the Alpharetta area include Gwinnett Technical College and Georgia State University’s Alpharetta Center. Overall, the Alpharetta area has an excellent educational infrastructure compared to similarly sized metro areas.

Education, crime rates, and community life top the list of factors for families to keep in mind when looking for a place to settle. Putting those variables front and center, three Georgia towns jump to the front of the pack. Beyond Columbus's reputation as a college town, residents enjoy the city's eclectic mix of cultural, scientific, and historical attractions. Every spring, the Masters Tournament draws up to 40,000 golf enthusiasts to Augusta.

Sponsored Result, Greenwich Catholic School

The universities and colleges near the Woodstock area include Reinhardt University and Lincoln College of Technology. Overall, the Woodstock area has a good educational infrastructure compared to similarly sized metro areas. Once a cotton mill for ropes, this area is now a park with trails, river activities such as fishing and canoeing, and more. The top employers in the Woodstock area are mostly local and include companies such as Marizyme, Combined Investigators, ComponentSource and Cherokee Ford. The unemployment rate in Woodstock is 3.2% , which is below both the U.S. national rate of 5.4% and the Georgia rate of 3.7%. The poverty rate, at 7.7%, is below both the national average of 10.5% and the Georgia average of 13.3%.

best places to buy homes in georgia

Today, it’s still in use for plays, concerts and more. The unemployment rate in Canton is 3.2% , which is below the U.S. national rate of 5.4% and the Georgia rate of 3.7%. The poverty rate, at 17.9%, is above both the national average of 10.5% and the Georgia average of 13.3%. Its nearly 3,000 residences vary in style, and the community boasts over 150 acres of green space. The population in Canton grew by 43.6% from April 2010 through April 2020, significantly above both the overall U.S. rate of 7.4% and the Georgia rate of 10.6%. Canton has a population of 32,973 spread over an 18.85-square-mile area.

Berkeley Lake

Sandy Springs has 1.31 violent crimes per 1,000 residents, significantly below both Georgia’s statewide median rate of 3.41 and the U.S. national median rate of 4.00. It has 18.2 property crimes per 1,000 residents, below both Georgia’s statewide median of 23.76 and the U.S. national median of 21.00. Riverside is so named because it rests along the Chattahoochee River. The community has easy access to outdoor activities and exploration, as well as close proximity to a number of notable schools, both public and private.

best places to buy homes in georgia

The majority of home values in Peachtree City range from $200,000 to $600,000, though homes worth more than $750,000 are not uncommon. Below are some characteristics of different parts of town. Over the 2015–2019 period, the high school graduation rate in Decatur was significantly above the U.S. national average of 88%.

The Peachtree City area has an average commute time of 29.4 minutes. The Decatur area has an average commute time of 27.3 minutes. Adair Park, located in the western part of Decatur, features a wide variety of architecture, from historic to modern. Whatever your taste, you can find a place to settle down in this quiet neighborhood. The Suwanee area has an average commute time of 34.0 minutes. The Kennesaw area has an average commute time of 34.2 minutes.

best places to buy homes in georgia

Landlords are renting their properties out in less than 3 weeks on average, and leads are strong throughout the picks. Savannah has served as a beautiful backdrop for numerous Hollywood movies, including Forrest Gump and Midnight in the Garden of Good and Evil. An average two-bedroom apartment in Augusta costs around $1,099 per month, a 9% increase from 2021 to 2022. Discover the schools, companies, and neighborhoods that are right for you.

Top Neighborhoods in the Baltimore Real Estate Market 2020

Its thriving tourism makes it one of the best rental markets in Georgia. Before any investor decides to dabble in this line of business, they must note that different cities have different laws and regulations about short-term rentals. We highly recommend getting in touch with trusted and credible local real estate agents to know more about the different laws of the land. I’m an avid writer who often focuses on real estate, business consulting, economics and finance.

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