Real Estate Investing in Augusta, Georgia (30904)

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

Richmond County • Population: 23,688 • Data updated: September 2026

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Should you buy in 30904 (Augusta, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 22.1% of homes vacant — above national norms.
  • Elevated poverty: 20.3% poverty rate — can affect rent collection.

What’s happening in Augusta, GA (30904)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $164,339
Avg Monthly Rent $1,421
1% Rule ✗ Does Not Meet
Median Income $41,189
% Renters 56.2%

Market Analysis: 30904 Augusta

Looking more closely, ZIP 30904 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $164K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 30904 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Nearby ZIPs in Augusta have seen price recovery that 30904 has not matched. Richmond County data supports the view that the spread is structural rather than temporary.

The 30904 ZIP's population of 23,688 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.

Distressed ZIPs reward experience. durable returns are possible in 30904, but they flow to investors who already understand how to operate in soft markets.

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 Augusta:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,421/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 30904

Which property type performs best in this market?

Best for Cash Flow
1BR
10.6% cap rate
Best for Appreciation
4BR
+7.1% 5yr CAGR
Best Overall Value
3BR
$58,208/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $72,219 $1,060 10.6% $72,219
2BR $117,891 $1,200 7.3% +6.3% $58,945
3BR $174,625 $1,550 6.4% +6.9% $58,208
4BR $282,324 $1,890 4.8% +7.1% $70,581
5BR $599,606 $119,921

Market Trends

Home Value History (with trend line)

$172K$153K$133K$114K$94K$74KFeb 2016May 2021Jul 2026

Rent History (with trend line)

$1,490$1,308$1,126$943$761$579Jul 2016Jul 2021Jul 2026

📊 How Does 30904 Compare?

Metric 30904 Augusta Georgia
Home Value $164,339 $108,243 $329,538
5-Year CAGR 3.5% 4.7% 7.8%
Avg Rent $1,421 $1,354 -
Cap Rate 6.7% 7.9% -
💡 Why Invest in 30904? Click to expand

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

56% of households rent in this area, creating consistent tenant demand for landlords.

📊 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 30904 (Augusta, GA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.7%
Good
5yr Growth
+3.5%
Moderate

📊 Market Snapshot

Home Value $164,339
Monthly Rent $1,421
Price-to-Rent 9.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 10.4%
Cap Rate 6.7%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +0.6% ▲
5-Year CAGR +3.5% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year +11.7% ▲
3-Year CAGR +7.4% ▲
5-Year CAGR +8.2% ▲
Neutral Leverage Cap Rate: 6.7%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

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

Vacancy
22.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 30904

Population: 23,688

💰 Median Household Income
$41,189
This area
$41,189
State
$64,001
USA
$74,580
🏠 Renter Occupied
56.2%
This area
56.2%
State
29.9%
USA
34.0%
💼 Unemployment Rate
3.7%
This area
3.7%
State
-18.6%
USA
3.7%
🎓 College Educated
29.7%
This area
29.7%
State
-3.0%
USA
33.7%
👤 Median Age
35.1 years
This area
35.1 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
22.1%
This area
22.1%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 47.7%
White 43.5%
Other/Mixed 7.0%
Hispanic/Latino 3.4%
Asian 1.8%
👶 Under 18
20.6%
This area
20.6%
USA
22.0%
👴 65 and Over
15.1%
This area
15.1%
USA
17.3%
📊 Poverty Rate
20.3%
This area
20.3%
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 30904

A Avg School Grade
4 Schools
11.7:1 Avg Class Size
$15,323 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Garrett Elementary School

📚 Pre-K – 05 Elementary
👥
374 Students
👨‍🏫
10.9:1 Class Size
💰
$15,323 Per Student
A Very Good

Lamar - Milledge Elementary School

📚 Pre-K – 05 Elementary
👥
335 Students
👨‍🏫
11.2:1 Class Size
💰
$15,323 Per Student
A Very Good

Monte Sano Elementary School

📚 Pre-K – 05 Elementary
👥
383 Students
👨‍🏫
12.5:1 Class Size
💰
$15,323 Per Student
B+ Above Average

Academy of Richmond County High School

📚 09 – 12 High School
👥
1,175 Students
👨‍🏫
12.2:1 Class Size
💰
$15,323 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.

🎓 Nearby Colleges & Universities

8 Nearby 2,984 Off-Campus Students
D
Paine College
344 students · 1.3 mi
C+
Augusta University
9,862 students · 1.5 mi
C
Kenneth Shuler School of Cosmetology-North Augusta
125 students · 3.4 mi
C
Helms College
150 students · 3.6 mi
D
Empire Beauty School-Augusta
88 students · 4.0 mi
D
Miller-Motte College-Augusta
524 students · 4.5 mi
C
Augusta Technical College
4,118 students · 4.6 mi
C
Augusta School of Massage
27 students · 7.9 mi

Investor Insight: With 2,984 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Does Augusta, GA make sense for an investment property?

Investors tracking Augusta, GA will find a 3.0/5 rating supported by $164K median home values and $1,421/mo rents. That profile suits long-term holders targeting consistent returns.

How strong are rents in Augusta, GA?

Augusta, GA rentals go for roughly $1,421/mo a month. That puts gross yield in solid territory relative to $164K acquisition costs.

Which real estate strategy fits Augusta, GA?

In Augusta, GA the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $164K prices and $1,421/mo rents suits that approach.

How deep is the rental pool in Augusta, GA?

Tenant quality in Augusta, GA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,421/mo.

What is the average home sale price in Augusta, GA?

Median home price in Augusta, GA is near $164K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

You know 30904 now. You don’t know where it ranks.

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How 30904 ranks in Augusta-Richmond County, GA-SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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