Updated 2026 · Based on median market data for LaGrange, GA
The median monthly rent in LaGrange, GA is $1,250, translating to $15,000 in annual gross rental income per unit. The rent-to-price ratio is 0.64% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in LaGrange spend approximately 30% 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.
The vacancy rate in LaGrange 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.
LaGrange's GRM (price divided by annual rent) is 13.0x. 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.
At the median rent of $1,250/mo, a single-family rental in LaGrange generates approximately $15,000 in gross annual income. After accounting for 6.2% vacancy ($930 lost), property taxes of $1,814, insurance (~$780), and maintenance (~$780), the estimated NOI is $10,697 per year, or $891/mo.
LaGrange vs Georgia state average and national average across key investment metrics. LaGrange outperforms both benchmarks on cap rate.