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St. Marys vs Thomasville for Rental Property Investing

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

Thomasville wins 3–0 across key metrics
Thomasville leads on cash flow (7.07% vs 3.81% cap rate) · St. Marys leads on population growth
Metric
St. Marys, GA
Thomasville, GA
Est. Cap Rate
3.81%
7.07%
Median Home Price
$305,000
$220,000
Median Monthly Rent
$1,500
$1,720
1% Rule
0.49%
0.78%
GRM
16.9x
10.7x
Price / Income
6.2x
4.5x
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

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

Cash flow: Thomasville has the edge with an estimated cap rate of 7.07% 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 $305,000 in St. Marys vs $220,000 in Thomasville, while rents come in at $1,500/mo and $1,720/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

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

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

Entry point: Thomasville offers a lower entry at $220K vs St. Marys's $305K — a difference of $85K. With a 20% down payment, that's $44K vs $61K. Thomasville combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Thomasville edges out St. Marys on most key metrics. With a 7.07% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in St. Marys or Thomasville.

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St. Marys, GA
3.81% cap rate · $305,000 median · $1,500/mo
Full analysis →
Thomasville, GA
7.07% cap rate · $220,000 median · $1,720/mo
Full analysis →

Frequently Asked Questions

Is St. Marys or Thomasville better for rental investing?
Thomasville wins 3–0 across our 7 key metrics. Thomasville's 7.07% cap rate and $220K median price give it the edge overall.
What is the cap rate difference between St. Marys and Thomasville?
St. Marys has a 3.81% cap rate vs Thomasville's 7.07% — a difference of 3.26 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?
Thomasville has lower property taxes at 0.93% vs 0.93%. On a $263K property, that's a difference of approximately $791/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
St. Marys is growing at 0.9% annually vs Thomasville's 0.9%. Moderate growth provides stable demand. St. Marys's appreciation rate of 2.9% also leads on home value growth.

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