What is the median home value in Fulton County, GA?

The median home value in Fulton County, GA is $431,200, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Fulton County, GA?

The cap rate proxy in Fulton County, GA is 5.1% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is moderate — deal-by-deal analysis recommended.

How much new construction is happening in Fulton County, GA?

Fulton County has 1.1 million residents and issued 8,498 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Atlanta-Sandy Springs-Alpharetta, GA · Georgia

Fulton County

1.1M residents8,498 permits TTM$91,490 median HHI38 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$431,200

ACS 5-Year

Cap rate proxy

5.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.4%

HUD FMR ÷ ACS HHI

Net migration

+4.27%

IRS SOI

Permits (TTM)

8,498

Census BPS

Climate risk

95.8

FEMA NRI (0–100)

ZIP code breakdown38 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
30344	$222,636	$1,680	9.1%	7.6%	15.5%
30303	$199,605	$2,020	12.1%	12.1%	-0.3%
30363	$306,324	$2,380	9.3%	8.0%	12.8%
30354	$230,450	$1,470	7.7%	8.8%	-16.6%
30331	$268,161	$1,600	7.2%	7.6%	-7.0%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$229,266	$1,370	7.2%	10.1%	-42.9%
$240,110	$1,490	7.4%	9.1%	-22.2%
$217,873	$1,280	7.0%	8.8%	-26.2%
$241,491	$1,220	6.1%	8.6%	-42.3%
$254,110	$1,440	6.8%	8.4%	-25.8%
$250,847	$1,600	7.7%	7.8%	-2.9%
$319,969	$2,040	7.7%	7.5%	1.4%
$327,702	$2,470	9.0%	7.4%	17.6%
$314,358	$1,410	5.4%	7.1%	-34.9%
$280,808	$1,630	7.0%	6.9%	-0.3%
$393,887	$2,730	8.3%	6.7%	18.9%
$323,597	$1,890	7.0%	6.6%	5.1%
$411,320	$2,450	7.1%	6.2%	12.6%
$298,642	$1,340	5.4%	6.1%	-14.0%
$382,650	$2,050	6.4%	5.4%	14.9%
$449,797	$2,150	5.7%	5.0%	12.8%
$431,200county est.	$2,010	5.6%	4.5%	18.7%
$431,200county est.	$1,920	5.3%	4.5%	14.8%
$431,200county est.	$1,920	5.3%	4.5%	14.8%
$694,580	$2,150	3.7%	4.0%	-9.9%
$485,831	$2,650	6.5%	4.0%	38.3%
$754,089	$2,360	3.8%	3.9%	-5.5%
$681,370	$2,430	4.3%	3.7%	12.0%
$616,891	$2,560	5.0%	3.5%	29.1%
$751,297	$2,110	3.4%	3.3%	1.7%
$665,778	$2,300	4.1%	3.3%	20.1%
$535,249	$2,250	5.0%	3.2%	34.5%
$579,282	$1,920	4.0%	3.2%	17.8%
$710,093	$2,170	3.7%	3.1%	15.3%
$757,160	$2,270	3.6%	3.0%	15.2%
$816,057	$2,130	3.1%	2.6%	14.3%
$928,737	$2,360	3.0%	2.4%	18.1%
$1,471,920	$2,340	1.9%	1.4%	24.3%

Demographics

Owner-occupied

54.1%

Census ACS

Vacancy rate

8.5%

Census ACS

Bachelor's degree +

58.0%

Census ACS

Rent burdened

48.0%

Census ACS (>30% income)

Median age

36.2

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Fulton County

See all 38 ZIPs ranked by yield and cap rate