Updated 2026 · Based on median market data for Calhoun, GA
Calhoun sits in the South with a population of 50,000 growing at 0.9% annually. The median home costs $275,000 while rents average $1,610/mo, producing an estimated cap rate of 4.86%. This is a moderate market that rewards careful deal sourcing.
Calhoun works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 4.86% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.
Target properties priced 15-25% below the $275,000 median — around $220,000 or less. At this price point with $1,610/mo rents, your cap rate improves to roughly 6.5%. Factor in 0.93% property taxes ($2,558/yr), budget 5% of gross rent for maintenance, and underwrite to a 6.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,776.
Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.
Run the numbers on a specific Calhoun property using our cap rate calculator (pre-filled with Calhoun data). Compare Calhoun against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.
Calhoun vs Georgia state average and national average across key investment metrics. Calhoun beats the national average but trails the Georgia average on cap rate.