Augusta,
rental market profile.

The typical rent in Augusta, GA is $1,344 a month, up 4.5% from a year earlier. The typical home is worth $187,663, up 2.4% from a year earlier. Owning that home costs about $115 more a month than renting it. See the rent or buy math.

Zillow data for September 2026, updated monthly.

Current market, September 2026.

Typical home value$187,663+2.4% vs. a year earlier
Typical rent$1,344+4.5% vs. a year earlier
Gross rent-to-value8.59%annual rent ÷ value
HUD Fair Market Rent, 2-bed$1,329FY2027 · second-source check
Estimated annual property tax$1,5990.85% effective rate (ACS)

Data: Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), September 2026; smoothed and seasonally adjusted. Typical values sit in the middle of the local market; rent covers houses and apartments. Updated monthly. Second source: HUD FY2027 Fair Market Rent for Augusta-Richmond County, GA-SC HUD Metro FMR Area (40th-percentile gross rent, including utilities).

Five-year trend in Augusta.

Typical rent+25.1% since Sep 2021
$1,100$1,200$1,30020222023202420252026$1,344
Show the numbers
MonthTypical rent
Sep 2021$1,074
Sep 2022$1,141
Sep 2023$1,213
Sep 2024$1,227
Sep 2025$1,286
Sep 2026$1,344
Typical home value+24.9% since Sep 2021
$160,000$180,00020222023202420252026$187,663
Show the numbers
MonthTypical home value
Sep 2021$150,258
Sep 2022$176,457
Sep 2023$181,747
Sep 2024$187,239
Sep 2025$183,207
Sep 2026$187,663

Monthly Zillow Observed Rent Index and Home Value Index, smoothed and seasonally adjusted. Each chart has its own scale, which does not start at zero, so small changes are visible.

Rent by number of bedrooms.

Studio
$997
1 bedroom
$1,202
2 bedrooms
$1,329
3 bedrooms
$1,672
4 bedrooms
$2,035

HUD FY2027 Fair Market Rents for Augusta-Richmond County, GA-SC HUD Metro FMR Area: the 40th-percentile gross rent, utilities included, for the whole area. Rents inside Augusta can be higher or lower. Source: HUD Fair Market Rents.

Census profile, 2020–2024: population, income and long-run medians
Population201.5KACS estimate
Median household income$55,485annual
Median gross rent$1,142monthly
Median home value$178,400owner-occupied
Median property tax$1,520annual · owner-occupied
Effective tax reference0.85%median tax ÷ median value
State HO-3 premium$1,8282023 homeowner reference
Housing vacancy17.7%all housing units
Gross rent-to-value7.68%annual rent ÷ home value
Rent-to-income reference24.7%annual rent ÷ income

Source: U.S. Census Bureau, American Community Survey 2024 5-year estimates. Estimates cover 2020–2024. Insurance context: NAIC 2023 Homeowners Insurance Report. Ratios are derived from area medians and are not a property cap rate, affordability decision, insurance quote or expected return.

How Augusta compares.

Augusta’s median gross rent is 18.0% below the Georgia median, while its median owner-occupied home value is 41.2% below the state reference. Median household income is 28.3% below the statewide estimate.

The gross rent-to-value reference is 7.68%. It simply annualizes the area’s median gross rent and divides it by the area’s median home value. It does not subtract vacancy, taxes, insurance, maintenance, management, financing or capital reserves.

Augusta baseline comparison
MetricCityAugustaStateGeorgiaCountryUnited States
Median gross rent$1,142$1,393$1,413
Median home value$178,400$303,300$332,700
Household income$55,485$77,353$80,734
Median annual property tax$1,520$2,341$3,119
Housing vacancy17.7%10.3%10.1%
Rent vs baseline—-18.0%-19.2%

Test an Augusta baseline.

Load the area medians for purchase price, rent and annual property tax, then replace every assumption with property-specific figures and current quotes.

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Check the rent for a specific Augusta address.

Our figures are citywide typical rents. RentCast estimates the rent for one property from nearby rental comparables, so you can test the deal with a local figure.

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What this profile can—and cannot—tell you.

Use area data to compare markets before researching a specific address.

Useful for screening

Population, income, rent and home-value medians provide a consistent first comparison across markets.

Property facts still matter

Verify achievable rent, taxes, insurance, condition, financing and local rules for the exact property.

Vacancy needs context

The ACS figure covers all housing units. It is not the vacancy allowance to enter in rental underwriting.

Questions about Augusta.

What is the average rent in Augusta, GA?

The typical asking rent in Augusta, GA is $1,344 a month, according to Zillow's Observed Rent Index for September 2026, which covers houses and apartments. The Census Bureau's median gross rent for 2020–2024, which includes utilities and long-standing leases, is $1,142. HUD's Fair Market Rent for a two-bedroom home in the area is $1,329.

Is rent going up or down in Augusta?

Rent is rising. The typical rent is $1,344, up 4.5% from $1,286 a year earlier.

How much does a house cost in Augusta?

The typical home in Augusta, GA is worth $187,663, according to Zillow's Home Value Index for September 2026, up 2.4% from a year earlier.

Is it cheaper to rent or buy in Augusta?

Owning the typical home costs about $1,459 a month including the mortgage, property tax, insurance and upkeep, against $1,344 to rent it. Buying pulls ahead after about 4 years in our model. See the full comparison.

What is the property tax rate in Augusta?

The effective property tax rate is about 0.85% of home value, based on Census data, or roughly $1,599 a year on the typical home. Actual bills depend on the assessment and any exemptions.

Is Augusta a good place to invest in rental property?

It depends on the property. As a first screen, a year of typical rent in Augusta equals 8.59% of the typical home value. Higher ratios leave more room for expenses and a mortgage; the 1% rule looks for about 12% a year. Test a specific property in the rental property calculator before you decide.