Side-by-side comparison of Augusta, GA and Atlanta, GA — cap rates, rent, prices, and investment metrics.
Cash flow: Augusta has the edge with an estimated cap rate of 4.78% compared to Atlanta's 3.43%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $180,000 in Augusta vs $375,000 in Atlanta, while rents come in at $1,050/mo and $1,700/mo respectively.
Growth & appreciation: Atlanta is growing faster at 1.3% annually vs Augusta's 0.5%. Atlanta leads on home value appreciation at 3.7% per year.
Costs & risk: Property taxes are 0.94% in Augusta vs 0.92% in Atlanta. Vacancy rates of 6.8% and 5.3% are mixed — Atlanta has the tighter rental market.
Bottom line: Atlanta edges out Augusta on most key metrics. While cap rates are moderate at 3.43%, Atlanta's overall profile is stronger. Use our free calculators to model specific deals in Augusta or Atlanta.