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Macon vs Warner Robins for Rental Property Investing

Side-by-side comparison of Macon, GA and Warner Robins, GA — cap rates, rent, prices, and investment metrics.

Warner Robins wins 5–2 across key metrics
Warner Robins leads on cash flow (5.36% vs 5.31% cap rate)
Metric
Macon, GA
Warner Robins, GA
Est. Cap Rate
5.31%
5.36%
Median Home Price
$190,000
$250,000
Median Monthly Rent
$1,210
$1,570
1% Rule
0.64%
0.63%
GRM
13.1x
13.3x
Price / Income
4.9x
4.8x
Property Tax Rate
0.96%
0.92%
Vacancy Rate
7.5%
6%
Population Growth
0.2% / yr
1% / yr
Annual Appreciation
2%
2.6%
Population
157,300
81,000
Median Income
$38,400
$52,400

Macon vs Warner Robins: Which Is Better for Investors?

Cash flow: Warner Robins has the edge with an estimated cap rate of 5.36% compared to Macon's 5.31%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $190,000 in Macon vs $250,000 in Warner Robins, while rents come in at $1,210/mo and $1,570/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Warner Robins is growing faster at 1% annually vs Macon's 0.2%. Warner Robins leads on home value appreciation at 2.6% per year.

Costs & risk: Property taxes are 0.96% in Macon vs 0.92% in Warner Robins. Vacancy rates of 7.5% and 6% are mixed — Warner Robins has the tighter rental market.

Entry point: Macon offers a lower entry at $190K vs Warner Robins's $250K — a difference of $60K. With a 20% down payment, that's $38K vs $50K. Warner Robins's higher price may be justified by stronger growth.

Bottom line: Warner Robins edges out Macon on most key metrics. With a 5.36% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Macon or Warner Robins.

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Macon, GA
5.31% cap rate · $190,000 median · $1,210/mo
Full analysis →
Warner Robins, GA
5.36% cap rate · $250,000 median · $1,570/mo
Full analysis →

Frequently Asked Questions

Is Macon or Warner Robins better for rental investing?
Warner Robins wins 5–2 across our 7 key metrics. Warner Robins's 5.36% cap rate and $250K median price give it the edge overall.
What is the cap rate difference between Macon and Warner Robins?
Macon has a 5.31% cap rate vs Warner Robins's 5.36% — a difference of 0.05 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Warner Robins has lower property taxes at 0.92% vs 0.96%. On a $220K property, that's a difference of approximately $476/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Warner Robins is growing at 1% annually vs Macon's 0.2%. Moderate growth provides stable demand. Warner Robins's appreciation rate of 2.6% also leads on home value growth.

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