Cherokee County housing stock & renter economics

Cherokee County 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: 4 buildings.

12 ZCTAs · 12 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population: 547,807
Households: 195,374
Housing units: 207,132
2-unit stock: 1,311
3–4 unit stock: 2,720
2–4 unit stock: 4,031
5–49 unit stock: 12,803
50+ unit stock: 4,792
Median renter share: 20.1%
ACS median rent: $1,667
Contract rent: $1,426
1BR SAFMR: $1,700
2BR SAFMR: $1,850
3BR SAFMR: $2,205
SAFMR / ACS rent: 1.12×
Vacancy (ACS): 4.7%
Pop Δ 2018–2023: +10.6%
Median HH income: $105,478
Rent burden ≥30%: 50.9%
Rent burden ≥50%: 22.1%
LIHTC projects / units: 37 / 4,675
HUD assisted MF: 9 / 483
Alloc. 5+ permits: 7,319

Cherokee County: median renter share 20.1%; ACS median gross rent $1,667; FY2027 2BR SAFMR $1,850; 2BR SAFMR is 1.12× ACS median gross rent; 1,311 units in 2-unit structures, 2,720 in 3–4-unit structures, and 12,803 in 5–49-unit structures; population up +10.6% between ACS 2018 and 2023; 37 LIHTC projects (4,675 units); 7,319 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZIPPlaceRentersMed. rent2BR SAFMR2–49 unitsPop Δ

30114Canton32.6%$1,654$1,8202,990+13.4%30075Roswell16.9%$1,790$2,0202,801+3.6%30188Woodstock20.1%$1,736$1,9702,275+4.5%30189Woodstock25.9%$1,780$1,9902,023+7.9%30040Cumming15.6%$1,883$2,1001,357+12.9%30115Canton16.6%$1,739$1,8801,318+29.7%30534Dawsonville21.7%$1,426$1,6501,271+15.1%30101Acworth20.1%$1,679$1,8801,031+8.3%30143Jasper / Big Canoe21.0%$1,085$1,220965+24.4%30102Acworth21.5%$1,444$1,700701+7.1%

Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™·+2 more ZIPs on the housing-market pages

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.

4 Multifamily Investment Properties for Sale in Cherokee County

As of today, 4 active small multifamily listings in Cherokee County · median $179,900/door · median estimated cap 5.1% (n=3). Cherokee County continues 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. Canton and surrounding communities see the majority of activity.

All Georgia multifamily →Georgia multifamily market report →