Active3
Median $/door$166,333
Ask range$450,000–$1,500,000
Estimated cap4.2%n=3
Median DOM744

1 duplex · 1 triplex · 0 fourplex · 1 apartmentsGeorgia market report →Voucher Spread™

ACS 2023 · HUD FY2027 · 8 ZCTAs with ACS

Rabun County housing stock & renter economics

Rabun 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: 3 buildings.

8 ZCTAs · 8 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
16,786
Households
6,997
Housing units
11,682
2-unit stock
156
3–4 unit stock
169
2–4 unit stock
325
5–49 unit stock
560
50+ unit stock
12
Median renter share
24.1%
ACS median rent
$1,051
Contract rent
$774
1BR SAFMR
$915
2BR SAFMR
$1,195
3BR SAFMR
$1,655
SAFMR / ACS rent
1.08×
Vacancy (ACS)
33.8%
Pop Δ 2018–2023
+0.5%
Median HH income
$56,973
Rent burden ≥30%
29.4%
Rent burden ≥50%
16.0%
LIHTC projects / units
2 / 100
HUD assisted MF
0 / 0
Alloc. 5+ permits
1

Rabun County: median renter share 24.1%; ACS median gross rent $1,051; FY2027 2BR SAFMR $1,195; 2BR SAFMR is 1.08× ACS median gross rent; 156 units in 2-unit structures, 169 in 3–4-unit structures, and 560 in 5–49-unit structures; population up +0.5% between ACS 2018 and 2023; 2 LIHTC projects (100 units); 1 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 Rabun County

As of today, 3 active small multifamily listings in Rabun County · median $166,333/door · median estimated cap 4.2% (n=3). Rabun County is a North Georgia mountain market. Multifamily inventory is extremely limited; properties that surface often have tourism or short-term rental potential tied to the area’s outdoor appeal.

Current Market Snapshot

Active Listings3
Avg List Price$816,333
Avg $/Unit$180,444
Avg Cap Rate (est.)4.2%
Price Range$450,000 – $1,500,000
Avg Units5.0

HUD Fair Market Rent · Rabun County (FY2026)

Studio$770
1 BR$851
2 BR$1,117
3 BR$1,553
4 BR$1,687

Cities in Rabun County

Active inventory by city.

Showing 3 of 3 properties

Multifamily for sale: 240 Varnes Lane, Lakemont
10 Units
Below 1.0x DSCR
$1,500,000
8.4% Gross5.3% Capest

240 Varnes Lane

Lakemont, GA

Units10
$/Unit$150,000
DOM734
Listing MLSID: 7464136 · Listing courtesy of Virtual Properties Realty.com · 470-269-0420

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