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Marietta vs Macon for Rental Property Investing

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

Marietta wins 4–3 across key metrics
Macon leads on cash flow (5.31% vs 3.76% cap rate) · Marietta leads on population growth
Metric
Marietta, GA
Macon, GA
Est. Cap Rate
3.76%
5.31%
Median Home Price
$375,000
$190,000
Median Monthly Rent
$1,810
$1,210
1% Rule
0.48%
0.64%
GRM
17.3x
13.1x
Price / Income
6.0x
4.9x
Property Tax Rate
0.93%
0.96%
Vacancy Rate
5.2%
7.5%
Population Growth
1.5% / yr
0.2% / yr
Annual Appreciation
3.5%
2%
Population
61,480
157,300
Median Income
$62,400
$38,400

Marietta vs Macon: Which Is Better for Investors?

Cash flow: Macon has the edge with an estimated cap rate of 5.31% compared to Marietta's 3.76%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $375,000 in Marietta vs $190,000 in Macon, while rents come in at $1,810/mo and $1,210/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Marietta is growing faster at 1.5% annually vs Macon's 0.2%. Marietta leads on home value appreciation at 3.5% per year.

Costs & risk: Property taxes are 0.93% in Marietta vs 0.96% in Macon. Vacancy rates of 5.2% and 7.5% are mixed — Marietta has the tighter rental market.

Entry point: Macon offers a lower entry at $190K vs Marietta's $375K — a difference of $185K. With a 20% down payment, that's $38K vs $75K. Macon combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Marietta edges out Macon on most key metrics. While cap rates are moderate at 3.76%, Marietta's overall profile is stronger. Use our free calculators to model specific deals in Marietta or Macon.

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Marietta, GA
3.76% cap rate · $375,000 median · $1,810/mo
Full analysis →
Macon, GA
5.31% cap rate · $190,000 median · $1,210/mo
Full analysis →

Frequently Asked Questions

Is Marietta or Macon better for rental investing?
Marietta wins 4–3 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Marietta's 3.76% cap rate and $375K median price edge out Macon's 5.31% at $190K.
What is the cap rate difference between Marietta and Macon?
Marietta has a 3.76% cap rate vs Macon's 5.31% — a difference of 1.55 percentage points. This is a significant gap that meaningfully impacts cash flow. For context, the national average is 3.81%.
Which city has lower property taxes?
Marietta has lower property taxes at 0.93% vs 0.96%. On a $283K property, that's a difference of approximately $1,664/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Marietta is growing at 1.5% annually vs Macon's 0.2%. Moderate growth provides stable demand. Marietta's appreciation rate of 3.5% also leads on home value growth.

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