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Augusta, GA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,329
Monthly Cash Flow
$493
Principal + Equity
$132
Annual Total Gain
$7,491
Cash on Cash
13.8%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$163
Occupancy Rate
55.56%
Monthly Revenue
$1,847
Monthly Cash Flow
$733
Principal + Equity
$132
Annual Total Gain
$10,378
Cash on Cash %
20.54%
Net ROI %
Market Health & Growth
Median Income
$53,134
Population
201,504
LTR Renter %
49.05%
Forecast (1 yr)
2.08%
Appreciation (1 yr)
-2.15%
Appreciation (5 yr)
44.76%
Appreciation (10 yr)
0%
Job Growth
0%
LTR Rentability
Low
STR Demand
31
STR Rentals
1,557
Top Public Schools
ADavidson Fine Arts Magnet School
A-Parkway Elementary School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Cities in America
#129out of 229 markets
Best Cities to Retire in America
#103out of 229 markets
Cities with the Lowest Cost of Living in America
#36out of 229 markets
D
Public School
F
Crime And Safety
C
Housing
B
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Augusta, GA.
In Augusta, GA, short term rentals (STRs) are regulated by the city's Code Enforcement Department. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning: Augusta has specific zoning regulations that dictate where short term rentals are allowed to operate. It is important for investors to ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Licensing: All short term rental properties in Augusta are required to obtain a business license from the city. This license must be renewed annually and failure to do so can result in fines or other penalties.
3. Occupancy limits: Augusta has specific occupancy limits for short term rental properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are in compliance with them.
4. Safety regulations: Short term rental properties in Augusta must meet certain safety regulations, including having working smoke detectors and carbon monoxide detectors. Investors should ensure that their property meets these requirements before renting it out.
5. Noise regulations: Augusta has noise regulations in place that prohibit excessive noise at all times of the day. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of their neighbors.
6. Taxation: Short term rental properties in Augusta are subject to lodging taxes, which must be collected and remitted to the city. Investors should be aware of these tax obligations and ensure that they are in compliance with them.
Overall, investors looking to purchase a property for short term rental purposes in Augusta, GA should be aware of the city's regulations and ensure that they are in compliance with them before renting out their property. Failure to do so can result in fines, penalties, or other legal consequences.
Market Trends Over Time
Explore 25 years of market data for Augusta, GA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Augusta, GA.
The LTR Genie Score of Augusta, GA is 56 and STR Genie Score is 62, indicating a moderate to high level of potential for both long-term and short-term rental investments. The LTR Rentability being low suggests that the market may not be as favorable for long-term rentals compared to short-term rentals. The higher STR Genie Score could be attributed to the higher STR Net ROI and occupancy rate, making it a more attractive option for investors seeking higher returns in the short term.
Augusta, GA is known for its rich history, hosting the prestigious Masters Golf Tournament annually. The city also boasts a strong military presence with Fort Gordon, providing a stable source of rental demand. Additionally, Augusta's growing economy and affordable housing market make it an attractive location for real estate investors looking to diversify their portfolio.
Overall, Augusta, GA presents opportunities for both long-term and short-term rental investments. Investors seeking higher returns and flexibility may find success in the short-term rental market, while those looking for more stability and consistent income may opt for long-term rentals. It is recommended for investors to carefully analyze their investment goals and risk tolerance before deciding on the best strategy for this market.
