Muscogee County housing stock & renter economics

Muscogee 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.

9 ZCTAs · 9 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population: 213,316
Households: 82,137
Housing units: 93,499
2-unit stock: 2,265
3–4 unit stock: 6,319
2–4 unit stock: 8,584
5–49 unit stock: 14,234
50+ unit stock: 4,627
Median renter share: 49.4%
ACS median rent: $1,036
Contract rent: $822
1BR SAFMR: $1,140
2BR SAFMR: $1,310
3BR SAFMR: $1,740
SAFMR / ACS rent: 1.21×
Vacancy (ACS): 12.0%
Pop Δ 2018–2023: +1.4%
Median HH income: $65,625
Rent burden ≥30%: 44.3%
Rent burden ≥50%: 21.5%
LIHTC projects / units: 47 / 4,906
HUD assisted MF: 11 / 934
Alloc. 5+ permits: 241

Muscogee County: median renter share 49.4%; ACS median gross rent $1,036; FY2027 2BR SAFMR $1,310; 2BR SAFMR is 1.21× ACS median gross rent; 2,265 units in 2-unit structures, 6,319 in 3–4-unit structures, and 14,234 in 5–49-unit structures; population up +1.4% between ACS 2018 and 2023; 47 LIHTC projects (4,906 units); 241 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

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 Muscogee County

As of today, 4 active small multifamily listings in Muscogee County · median $73,750/door · median estimated cap 10.3% (n=2). Muscogee County (Columbus) sits in western Georgia and offers multifamily inventory at more accessible price points than metro Atlanta. Most listings are smaller residential multifamily (duplex–quad) with occasional larger assets, appealing to investors seeking cash flow outside the core Atlanta market.

All Georgia multifamily →Georgia multifamily market report →