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Rental Property Investment Guide: Georgetown, SC

Updated 2026 · Based on median market data for Georgetown, SC

Cap Rate
4.57%
Median Price
$380K
Rent/Mo
$1,990
1% Rule
0.52%
Fails

Market Snapshot

Georgetown sits in the South with a population of 50,000 growing rapidly at 1.9% annually. The median home costs $380,000 while rents average $1,990/mo, producing an estimated cap rate of 4.57%. This is a moderate market that rewards careful deal sourcing.

Who Should Invest Here

Georgetown appeals to balanced investors who want both cash flow and appreciation. The 1.9% annual population growth signals rising demand, while the 4.57% cap rate means deals can cash flow with the right structure. Look for properties below the median price point where rents are strong relative to the purchase price.

Deal Criteria for Georgetown

Target properties priced 15-25% below the $380,000 median — around $304,000 or less. At this price point with $1,990/mo rents, your cap rate improves to roughly 6.1%. Factor in 0.57% property taxes ($2,166/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.5% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $2,302.

Risks and Considerations

Higher price points mean more capital at risk and tighter cash flow margins — ensure you have adequate reserves. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Georgetown property using our cap rate calculator (pre-filled with Georgetown data). Compare Georgetown against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Georgetown Compares

Georgetown vs South Carolina state average and national average across key investment metrics. Georgetown beats the national average but trails the South Carolina average on cap rate.

Metric
Georgetown
South Carolina Avg
National Avg
Cap Rate
4.57%
4.94%
3.81%
Median Price
$380K
$298K
$333K
Median Rent
$1,990
$1,554
$1,524
Property Tax
0.57%
0.57%
1.08%
Vacancy
5.5%
5.5%
5.6%
Pop. Growth
1.9%/yr
1.9%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Georgetown, SC
4.6%
$380K
$1,990
0.57%
Port St. Lucie, FL
5.2%
$380K
$2,300
0.91%
Winchester, VA
3.7%
$380K
$1,800
0.86%
Richmond, VA
3.3%
$385K
$1,660
0.82%
Orlando, FL
4.0%
$385K
$1,920
0.89%

Frequently Asked Questions

Is Georgetown, SC a good place to invest in rental property?
Georgetown has an estimated cap rate of 4.57%, which is above the national average of 3.81%. With median home prices at $380K and rents of $1,990/mo, Georgetown presents moderate opportunities — deals need careful sourcing to cash flow. Population growth of 1.9% and 5.5% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Georgetown?
The estimated cap rate for Georgetown is 4.57%, based on median home prices of $380K, median rents of $1,990/mo, a 0.57% property tax rate, and 5.5% vacancy. This compares to a 4.94% average across South Carolina and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Georgetown?
The median home price in Georgetown is $380,000, which is 14% above the national average of $333,419. A 20% down payment would be approximately $76,000. Investment properties in Georgetown range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Georgetown property taxes for investors?
Georgetown's effective property tax rate is 0.57%, which is above the South Carolina average of 0.57% and below the national average of 1.08%. On a $380K property, annual taxes are approximately $2,166 ($180/mo). Low property taxes are a significant cash flow advantage here.
Full Georgetown Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Georgetown & Related Markets

More Georgetown Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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