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Warner Robins vs Albany for Rental Property Investing

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

Albany wins 4–3 across key metrics
Albany leads on cash flow (5.66% vs 5.36% cap rate) · Warner Robins leads on population growth
Metric
Warner Robins, GA
Albany, GA
Est. Cap Rate
5.36%
5.66%
Median Home Price
$250,000
$160,000
Median Monthly Rent
$1,570
$1,050
1% Rule
0.63%
0.66%
GRM
13.3x
12.7x
Price / Income
4.8x
3.2x
Property Tax Rate
0.92%
0.93%
Vacancy Rate
6%
6.2%
Population Growth
1% / yr
0.9% / yr
Annual Appreciation
2.6%
2.9%
Population
81,000
50,000
Median Income
$52,400
$49,350

Warner Robins vs Albany: Which Is Better for Investors?

Cash flow: Albany has the edge with an estimated cap rate of 5.66% compared to Warner Robins's 5.36%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $250,000 in Warner Robins vs $160,000 in Albany, while rents come in at $1,570/mo and $1,050/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 Albany's 0.9%. Albany leads on home value appreciation at 2.9% per year.

Costs & risk: Property taxes are 0.92% in Warner Robins vs 0.93% in Albany. Vacancy rates of 6% and 6.2% are mixed — Warner Robins has the tighter rental market.

Entry point: Albany offers a lower entry at $160K vs Warner Robins's $250K — a difference of $90K. With a 20% down payment, that's $32K vs $50K. Albany combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Albany edges out Warner Robins on most key metrics. With a 5.66% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Warner Robins or Albany.

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Warner Robins, GA
5.36% cap rate · $250,000 median · $1,570/mo
Full analysis →
Albany, GA
5.66% cap rate · $160,000 median · $1,050/mo
Full analysis →

Frequently Asked Questions

Is Warner Robins or Albany better for rental investing?
Albany wins 4–3 across our 7 key metrics. Albany's 5.66% cap rate and $160K median price give it the edge overall.
What is the cap rate difference between Warner Robins and Albany?
Warner Robins has a 5.36% cap rate vs Albany's 5.66% — a difference of 0.29 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 0.93%. On a $205K property, that's a difference of approximately $812/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 Albany's 0.9%. Moderate growth provides stable demand. Warner Robins's appreciation rate of 2.6% also trails on home value growth.

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