Columbus, GA-AL · Georgia

Muscogee County

ZIP 31909

204,383 residents259 permits TTM$56,622 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$182,300

ACS 5-Year

Cap rate proxy

7.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.7%

HUD FMR ÷ ACS HHI

Net migration

+1.75%

IRS SOI

Permits (TTM)

259

Census BPS

Climate risk

81.6

FEMA NRI (0–100)

ZIP 31909

Median home value

Gross yield

Cap rate

7.8%

Rent gap

Affordability

P/I: 4.1R/I: 31.8%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
318203.4%
318293.5%
319018.2%
3190315.5%
319047.4%

Ranked by composite score

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Demographics

Owner-occupied

50.2%

Census ACS

Vacancy rate

11.7%

Census ACS

Bachelor's degree +

29.7%

Census ACS

Rent burdened

46.0%

Census ACS (>30% income)

Median age

35.1

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 16, 2026