Updated 2026 · Based on median market data for Calhoun, GA
The median monthly rent in Calhoun, GA is $1,610, translating to $19,320 in annual gross rental income per unit. The rent-to-price ratio is 0.59% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Calhoun spend approximately 39% of the local median household income ($49,350) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.
The vacancy rate in Calhoun is 6.2%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.9% annually provides stable demand.
Calhoun's GRM (price divided by annual rent) is 14.2x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,610/mo, a single-family rental in Calhoun generates approximately $19,320 in gross annual income. After accounting for 6.2% vacancy ($1,198 lost), property taxes of $2,558, insurance (~$1,100), and maintenance (~$1,100), the estimated NOI is $13,365 per year, or $1,114/mo.
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.