Real Estate Investing in Madison, Georgia (30650)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Morgan County • Population: 13,398 • Data updated: September 2026

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Should you buy in 30650 (Madison, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.

What’s happening in Madison, GA (30650)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $437,663
Avg Monthly Rent $1,935
1% Rule ✗ Does Not Meet
Median Income $80,276
% Renters 30.3%

Market Analysis: 30650 Madison

ZIP 30650 inside Morgan County looks affordable on the surface — median value of $438K — but the discount exists for reasons that a careful buyer should understand before committing.

Stepping back, the numbers look inviting — $438K purchase price, 0.0% nominal cap — the work to hit that pro forma in 30650 is substantial and deserves full respect.

In the broader GA picture, 30650 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 30650 includes headwinds that any investor should price in. Income distribution skews lower than Madison averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 30650 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Madison:

C+ Average
Buy Confidence Score: 68/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.5× the median income
Value Trend
Stable (+1.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,935/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Atlanta-Sandy Springs-Alpharetta, GA Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Atlanta-Sandy Springs-Alpharetta, GA metro data
🏠

Property Strategy for 30650

Which property type performs best in this market?

Best for Cash Flow
2BR
3.7% cap rate
Best for Appreciation
2BR
+9.9% 5yr CAGR
Best Overall Value
3BR
$135,279/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $284,681 $1,450 3.7% +9.9% $142,340
3BR $405,837 $1,750 3.1% +9.5% $135,279
4BR $563,883 $2,430 3.1% +8.1% $140,971
5BR $677,575 +8.3% $135,515

Market Trends

Home Value History (with trend line)

$464K$399K$334K$269K$205K$140KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 30650 Compare?

Metric 30650 Madison Atlanta-Sandy Springs-Alpharetta, GA Georgia
Home Value $437,663 $437,663 N/A $329,538
5-Year CAGR 5.6% 5.6% N/A 7.8%
Avg Rent $1,935 $1,935 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 30650? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 30650 (Madison, GA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+5.6%
Moderate

📊 Market Snapshot

Home Value $437,663
Monthly Rent $1,935
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +1.9% ▲
3-Year CAGR +2.4% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
9.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 30650

Population: 13,398

💰 Median Household Income
$80,276
This area
$80,276
State
$64,001
USA
$74,580
🏠 Renter Occupied
30.3%
This area
30.3%
State
29.9%
USA
34.0%
💼 Unemployment Rate
1.4%
This area
1.4%
State
-18.6%
USA
3.7%
🎓 College Educated
33.5%
This area
33.5%
State
-3.0%
USA
33.7%
👤 Median Age
40.5 years
This area
40.5 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
White 69.6%
Black/African American 26.5%
Other/Mixed 3.9%
Hispanic/Latino 2.7%
👶 Under 18
24.3%
This area
24.3%
USA
22.0%
👴 65 and Over
19.5%
This area
19.5%
USA
17.3%
📊 Poverty Rate
4.4%
This area
4.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 30650

A Avg School Grade
4 Schools
14.0:1 Avg Class Size
$14,063 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Morgan County Elementary School

📚 03 – 05 Elementary
👥
776 Students
👨‍🏫
14.2:1 Class Size
💰
$14,063 Per Student
A Very Good

Morgan County Middle School

📚 06 – 08 Middle
👥
792 Students
👨‍🏫
13.1:1 Class Size
💰
$14,063 Per Student
B+ Above Average

Morgan County Primary School

📚 Pre-K – 02 Elementary
👥
862 Students
👨‍🏫
14.0:1 Class Size
💰
$14,063 Per Student
B+ Above Average

Morgan County High School

📚 09 – 12 High School
👥
1,065 Students
👨‍🏫
14.8:1 Class Size
💰
$14,063 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What monthly rent should investors expect in Madison, GA?

Average rent in Madison, GA is approximately $1,935/mo per month. Against $438K home values that yields a reasonable rent-to-price ratio.

Is Madison, GA good for house hacking?

The house hack math a challenging in Madison, GA. Owner-occupant buyers benefit from the $1,935/mo rents and $438K home values.

Do rentals sit vacant long in Madison, GA?

Rental vacancy in Madison, GA is elevated. Investors should budget normal turnover but not chronic empty units.

Where do home prices stand in Madison, GA?

Madison, GA median home values land near $438K. That is reasonable territory for investors looking at $1,935/mo-per-month rentals.

Is Madison in GA worth investing in?

Our data puts Madison, GA at 3.0/5 for investability. Home prices of $438K and rents around $1,935/mo create a solid backdrop for investor activity.

You know 30650 now. You don’t know where it ranks.

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How 30650 ranks in Atlanta-Sandy Springs-Alpharetta, GA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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