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MarketsGeorgiaDaltonRent Analysis

Rent Analysis: Dalton, GA

Updated 2026 · Based on median market data for Dalton, GA

Cap Rate
5.07%
Median Price
$245K
Rent/Mo
$1,480
1% Rule
0.60%
Fails

Rent Overview

The median monthly rent in Dalton, GA is $1,480, translating to $17,760 in annual gross rental income per unit. The rent-to-price ratio is 0.60% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Dalton spend approximately 36% of the local median household income ($49,350) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Dalton is 6.2%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.9% annually provides stable demand.

Gross Rent Multiplier

Dalton's GRM (price divided by annual rent) is 13.8x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,480/mo, a single-family rental in Dalton generates approximately $17,760 in gross annual income. After accounting for 6.2% vacancy ($1,101 lost), property taxes of $2,279, insurance (~$980), and maintenance (~$980), the estimated NOI is $12,420 per year, or $1,035/mo.

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How Dalton Compares

Dalton vs Georgia state average and national average across key investment metrics. Dalton outperforms both benchmarks on cap rate.

Metric
Dalton
Georgia Avg
National Avg
Cap Rate
5.07%
4.97%
3.81%
Median Price
$245K
$260K
$333K
Median Rent
$1,480
$1,489
$1,524
Property Tax
0.93%
0.93%
1.08%
Vacancy
6.2%
6.2%
5.6%
Pop. Growth
0.9%/yr
0.9%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Dalton, GA
5.1%
$245K
$1,480
0.93%
Augusta, GA
4.8%
$245K
$1,440
0.94%
Tulsa, OK
4.5%
$245K
$1,340
0.9%
Broken Arrow, OK
4.6%
$245K
$1,340
0.88%
Elizabethtown, KY
4.1%
$245K
$1,240
0.81%

Frequently Asked Questions

What is the average rent in Dalton, GA?
The median monthly rent in Dalton is $1,480, or $17,760 per year. This is 3% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Dalton a good rental market for landlords?
With a rent-to-price ratio of 0.60%, Dalton falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6.2% vacancy rate is moderate.
How does Dalton rent compare to Georgia averages?
Dalton's median rent of $1,480/mo is 1% below the Georgia average of $1,489/mo. Home prices at $245K are below the state average of $260K, giving Dalton a rent-to-price ratio of 0.60% vs 0.57% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Dalton's ratio is 0.60%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Dalton & Related Markets

More Dalton Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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