Active3
Median $/door$159,800
Ask range$435,000–$1,439,000
Estimated cap5.7%n=2
Median DOM243

1 duplex · 0 triplex · 0 fourplex · 2 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 2 ZCTAs with ACS

Canton housing stock & renter economics

Canton apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 3 buildings.

2 ZCTAs · 2 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
113,639
Households
39,053
Housing units
41,275
2-unit stock
588
3–4 unit stock
476
2–4 unit stock
1,064
5–49 unit stock
3,244
50+ unit stock
1,087
Median renter share
24.6%
ACS median rent
$1,697
Contract rent
$1,438
1BR SAFMR
$1,700
2BR SAFMR
$1,850
3BR SAFMR
$2,205
SAFMR / ACS rent
1.09×
Vacancy (ACS)
5.3%
Pop Δ 2018–2023
+21.5%
Median HH income
$105,515
Rent burden ≥30%
53.5%
Rent burden ≥50%
23.6%
LIHTC projects / units
7 / 1,414
HUD assisted MF
2 / 78
Alloc. 5+ permits
48

Canton: median renter share 24.6%; ACS median gross rent $1,697; FY2027 2BR SAFMR $1,850; 2BR SAFMR is 1.09× ACS median gross rent; 588 units in 2-unit structures, 476 in 3–4-unit structures, and 3,244 in 5–49-unit structures; population up +21.5% between ACS 2018 and 2023; 7 LIHTC projects (1,414 units); 48 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

3 Multifamily Investment Properties for Sale in Canton

As of today, 3 active small multifamily listings in Canton · median $159,800/door · median estimated cap 5.7% (n=2). Canton and northern Cherokee County continue to attract investors looking for growth-oriented multifamily outside the immediate Atlanta core. The market mixes small residential multifamily with occasional larger assets as the area expands.

Current Market Snapshot

Active Listings3
Avg List Price$891,000
Avg $/Unit$165,739
Avg Cap Rate (est.)5.7%
Price Range$435,000 – $1,439,000
Avg Units6.3

HUD Fair Market Rent · Cherokee County(FY2026)

Studio$1,585
1 BR$1,660
2 BR$1,820
3 BR$2,182
4 BR$2,605

Showing 3 of 3 multifamily investment properties for sale

Multifamily for sale: 350 Herndon Lane, Canton
12 Units
Incomplete
$1,439,000

350 Herndon Lane

Canton, GA

Units12
$/Unit$119,917
DOM243
Listing MLSID: 7717819 · Listing courtesy of JLA Real Estate Services · 678-686-3589

Frequently Asked Questions — Canton Multifamily

Are there multifamily for sale in Canton?

This page is the live FMLS Residential Income set for multifamily in Canton. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does Canton compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in Canton still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Canton listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

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