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Rental Property Investment Guide: Statesboro, GA

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

Cap Rate
4.46%
Median Price
$280K
Rent/Mo
$1,540
1% Rule
0.55%
Fails

Market Snapshot

Statesboro sits in the South with a population of 50,000 growing at 0.9% annually. The median home costs $280,000 while rents average $1,540/mo, producing an estimated cap rate of 4.46%. This is a moderate market that rewards careful deal sourcing.

Who Should Invest Here

Statesboro works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 4.46% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Statesboro

Target properties priced 15-25% below the $280,000 median — around $224,000 or less. At this price point with $1,540/mo rents, your cap rate improves to roughly 6.0%. Factor in 0.93% property taxes ($2,604/yr), budget 5% of gross rent for maintenance, and underwrite to a 6.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,807.

Risks and Considerations

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 Statesboro property using our cap rate calculator (pre-filled with Statesboro data). Compare Statesboro 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 Statesboro Compares

Statesboro vs Georgia state average and national average across key investment metrics. Statesboro beats the national average but trails the Georgia average on cap rate.

Metric
Statesboro
Georgia Avg
National Avg
Cap Rate
4.46%
4.97%
3.81%
Median Price
$280K
$260K
$333K
Median Rent
$1,540
$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
Statesboro, GA
4.5%
$280K
$1,540
0.93%
Lynchburg, VA
3.8%
$280K
$1,340
0.8%
Blacksburg, VA
5.4%
$280K
$1,730
0.86%
Seneca, SC
4.2%
$280K
$1,380
0.57%
Tallahassee, FL
4.5%
$275K
$1,490
0.84%

Frequently Asked Questions

Is Statesboro, GA a good place to invest in rental property?
Statesboro has an estimated cap rate of 4.46%, which is above the national average of 3.81%. With median home prices at $280K and rents of $1,540/mo, Statesboro presents moderate opportunities — deals need careful sourcing to cash flow. Population growth of 0.9% and 6.2% vacancy rate suggest moderate rental demand.
What is the average cap rate in Statesboro?
The estimated cap rate for Statesboro is 4.46%, based on median home prices of $280K, median rents of $1,540/mo, a 0.93% property tax rate, and 6.2% vacancy. This compares to a 4.97% average across Georgia 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 Statesboro?
The median home price in Statesboro is $280,000, which is 16% below the national average of $333,419. A 20% down payment would be approximately $56,000. Investment properties in Statesboro range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Statesboro property taxes for investors?
Statesboro's effective property tax rate is 0.93%, which is above the Georgia average of 0.93% and below the national average of 1.08%. On a $280K property, annual taxes are approximately $2,604 ($217/mo). Property taxes are moderate and manageable.
Full Statesboro Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Statesboro & Related Markets

More Statesboro Guides

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

Similar Markets in the South

Laredo, TX$215K · $1,330/mo
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High Point, NC$260K · $1,410/mo
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Tallahassee, FL$275K · $1,490/mo
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