Side-by-side comparison of LaGrange, GA and Milledgeville, GA — cap rates, rent, prices, and investment metrics.
Cash flow: LaGrange has the edge with an estimated cap rate of 5.49% compared to Milledgeville's 4.32%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $195,000 in LaGrange vs $225,000 in Milledgeville, while rents come in at $1,250/mo and $1,210/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: LaGrange is growing faster at 0.9% annually vs Milledgeville's 0.9%. LaGrange leads on home value appreciation at 2.9% per year.
Costs & risk: Property taxes are 0.93% in LaGrange vs 0.93% in Milledgeville. Vacancy rates of 6.2% and 6.2% are mixed — Milledgeville has the tighter rental market.
Entry point: LaGrange offers a lower entry at $195K vs Milledgeville's $225K — a difference of $30K. With a 20% down payment, that's $39K vs $45K. LaGrange combines the lower price with a higher cap rate — a compelling combination.
Bottom line: LaGrange edges out Milledgeville on most key metrics. With a 5.49% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in LaGrange or Milledgeville.