8 duplex · 4 triplex · 6 fourplex · 1 apartmentsGeorgia market report →Voucher Spread™
ACS 2023 · HUD FY2027 · 18 ZCTAs with ACS
Cobb County housing stock & renter economics
Cobb 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: 19 buildings.
18 ZCTAs · 18 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.
- Population
- 817,901
- Households
- 309,817
- Housing units
- 328,983
- 2-unit stock
- 1,782
- 3–4 unit stock
- 5,763
- 2–4 unit stock
- 7,545
- 5–49 unit stock
- 55,189
- 50+ unit stock
- 15,965
- Median renter share
- 25.9%
- ACS median rent
- $1,670
- Contract rent
- $1,461
- 1BR SAFMR
- $1,745
- 2BR SAFMR
- $1,895
- 3BR SAFMR
- $2,255
- SAFMR / ACS rent
- 1.12×
- Vacancy (ACS)
- 5.3%
- Pop Δ 2018–2023
- +3.9%
- Median HH income
- $100,512
- Rent burden ≥30%
- 51.3%
- Rent burden ≥50%
- 22.3%
- LIHTC projects / units
- 65 / 8,606
- HUD assisted MF
- 31 / 669
- Alloc. 5+ permits
- 13,839
Cobb County: median renter share 25.9%; ACS median gross rent $1,670; FY2027 2BR SAFMR $1,895; 2BR SAFMR is 1.12× ACS median gross rent; 1,782 units in 2-unit structures, 5,763 in 3–4-unit structures, and 55,189 in 5–49-unit structures; population up +3.9% between ACS 2018 and 2023; 65 LIHTC projects (8,606 units); 13,839 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.
Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™·+8 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.
19 Multifamily Investment Properties for Sale in Cobb County
As of today, 19 active small multifamily listings in Cobb County · median $222,500/door · median estimated cap 5.3% (n=13). Cobb County continues to attract multifamily investors with strong rental demand near major employment centers, solid schools, and a more suburban tenant profile. Most current inventory consists of duplexes, triplexes, and small multi-unit properties, with occasional larger buildings. Many properties still qualify for residential financing, making Cobb accessible for both house-hackers and cash-flow investors.
Key areas include Marietta, Smyrna, Kennesaw, Acworth, Powder Springs, Austell, and Mableton. Proximity to Atlanta employment centers and limited new small-multifamily supply support long-term occupancy.
All Georgia multifamily →Georgia multifamily market report →
Current Market Snapshot
HUD Fair Market Rent · Cobb County (FY2026)
Cities in Cobb County
Active inventory by city.
Showing 19 of 19 properties
Frequently Asked Questions — Cobb County Multifamily
Is Cobb County good for residential-financed multifamily?
Yes. A large share of active inventory is 2–4 unit properties that can still qualify for conventional residential financing when the buyer meets occupancy and underwriting guidelines.
What submarkets in Cobb see the most investor activity?
Marietta (especially near the Square and Barrett Parkway corridor), Smyrna, Kennesaw, and western Cobb communities such as Powder Springs and Austell regularly attract small-multifamily buyers.
Looking for multifamily investments in Cobb County?
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