Lumpkin County housing stock & renter economics

Lumpkin 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.

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

Population: 32,339
Households: 11,490
Housing units: 12,981
2-unit stock: 214
3–4 unit stock: 393
2–4 unit stock: 607
5–49 unit stock: 311
50+ unit stock: 33
Median renter share: 21.7%
ACS median rent: $1,016
Contract rent: $809
1BR SAFMR: $1,150
2BR SAFMR: $1,255
3BR SAFMR: $1,550
SAFMR / ACS rent: 1.25×
Vacancy (ACS): 8.8%
Pop Δ 2018–2023: +22.1%
Median HH income: $72,564
Rent burden ≥30%: 42.3%
Rent burden ≥50%: 25.4%
LIHTC projects / units: 4 / 231
HUD assisted MF: 0 / 0
Alloc. 5+ permits: 142

Lumpkin County: median renter share 21.7%; ACS median gross rent $1,016; FY2027 2BR SAFMR $1,255; 2BR SAFMR is 1.25× ACS median gross rent; 214 units in 2-unit structures, 393 in 3–4-unit structures, and 311 in 5–49-unit structures; population up +22.1% between ACS 2018 and 2023; 4 LIHTC projects (231 units); 142 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

30533Dahlonega23.1%$1,080$1,140908+3.1%30564White County, GA20.3%$952$1,37010+41.0%

Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™

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 Lumpkin County

As of today, 4 active small multifamily listings in Lumpkin County · median $160,000/door · median estimated cap 5.5% (n=2). Lumpkin County (Dahlonega area) is a North Georgia mountain-market play. Multifamily inventory is limited but can include duplexes, small multi-unit properties, and occasional larger assets. Investors here often target longer holds or vacation/rental hybrid strategies tied to the area’s tourism and university presence.

All Georgia multifamily →Georgia multifamily market report →