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Rome vs St. Marys for Rental Property Investing

Side-by-side comparison of Rome, GA and St. Marys, GA — cap rates, rent, prices, and investment metrics.

Rome wins 3–0 across key metrics
Rome leads on cash flow (4.04% vs 3.81% cap rate)
Metric
Rome, GA
St. Marys, GA
Est. Cap Rate
4.04%
3.81%
Median Home Price
$230,000
$305,000
Median Monthly Rent
$1,180
$1,500
1% Rule
0.51%
0.49%
GRM
16.2x
16.9x
Price / Income
4.7x
6.2x
Property Tax Rate
0.93%
0.93%
Vacancy Rate
6.2%
6.2%
Population Growth
0.9% / yr
0.9% / yr
Annual Appreciation
2.9%
2.9%
Population
50,000
50,000
Median Income
$49,350
$49,350

Rome vs St. Marys: Which Is Better for Investors?

Cash flow: Rome has the edge with an estimated cap rate of 4.04% compared to St. Marys's 3.81%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $230,000 in Rome vs $305,000 in St. Marys, while rents come in at $1,180/mo and $1,500/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Rome is growing faster at 0.9% annually vs St. Marys's 0.9%. Rome leads on home value appreciation at 2.9% per year.

Costs & risk: Property taxes are 0.93% in Rome vs 0.93% in St. Marys. Vacancy rates of 6.2% and 6.2% are mixed — St. Marys has the tighter rental market.

Entry point: Rome offers a lower entry at $230K vs St. Marys's $305K — a difference of $75K. With a 20% down payment, that's $46K vs $61K. Rome combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Rome edges out St. Marys on most key metrics. While cap rates are moderate at 4.04%, Rome's overall profile is stronger. Use our free calculators to model specific deals in Rome or St. Marys.

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Rome, GA
4.04% cap rate · $230,000 median · $1,180/mo
Full analysis →
St. Marys, GA
3.81% cap rate · $305,000 median · $1,500/mo
Full analysis →

Frequently Asked Questions

Is Rome or St. Marys better for rental investing?
Rome wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Rome's 4.04% cap rate and $230K median price offer both higher returns and a lower entry point.
What is the cap rate difference between Rome and St. Marys?
Rome has a 4.04% cap rate vs St. Marys's 3.81% — a difference of 0.24 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?
St. Marys has lower property taxes at 0.93% vs 0.93%. On a $268K property, that's a difference of approximately $698/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Rome is growing at 0.9% annually vs St. Marys's 0.9%. Moderate growth provides stable demand. Rome's appreciation rate of 2.9% also leads on home value growth.

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