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Athens vs Warner Robins for Rental Property Investing

Side-by-side comparison of Athens, GA and Warner Robins, GA — cap rates, rent, prices, and investment metrics.

Athens wins 4–3 across key metrics
Warner Robins leads on cash flow (4.93% vs 3.76% cap rate) · Athens leads on population growth
Metric
Athens, GA
Warner Robins, GA
Est. Cap Rate
3.76%
4.93%
Median Home Price
$265,000
$195,000
Median Monthly Rent
$1,280
$1,150
1% Rule
0.48%
0.59%
GRM
17.3x
14.1x
Price / Income
6.9x
3.7x
Property Tax Rate
0.9%
0.92%
Vacancy Rate
5.8%
6%
Population Growth
1.2% / yr
1% / yr
Annual Appreciation
3.2%
2.6%
Population
128,000
81,000
Median Income
$38,200
$52,400

Athens vs Warner Robins: Which Is Better for Investors?

Cash flow: Warner Robins has the edge with an estimated cap rate of 4.93% compared to Athens's 3.76%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $265,000 in Athens vs $195,000 in Warner Robins, while rents come in at $1,280/mo and $1,150/mo respectively.

Growth & appreciation: Athens is growing faster at 1.2% annually vs Warner Robins's 1%. Athens leads on home value appreciation at 3.2% per year.

Costs & risk: Property taxes are 0.9% in Athens vs 0.92% in Warner Robins. Vacancy rates of 5.8% and 6% are mixed — Athens has the tighter rental market.

Bottom line: Athens edges out Warner Robins on most key metrics. While cap rates are moderate at 3.76%, Athens's overall profile is stronger. Use our free calculators to model specific deals in Athens or Warner Robins.

Athens, GA
3.76% cap rate · $265,000 median · $1,280/mo
Full analysis →
Warner Robins, GA
4.93% cap rate · $195,000 median · $1,150/mo
Full analysis →
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