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Market MapGeorgiaPutnam

Putnam County

GeorgiaPopulation: 22,206
48
/100
Hold
#590 of 1,000 counties
#117 in Georgia (159 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$402,948
Median Home Price
72% above national median
$23,926/mo
Est. Rent
Based on regional data
5.94%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
48/100
48
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
58/100

Based on 0.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
34/100

Price-to-income ratio of 6.6x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging
  • -Limited rent data (estimates used)

Economic Indicators

Population
22,206
Median Income
$60,825
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
6.6x
Less affordable

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)
  • −You rely on FHA-style financing: prices are stretched relative to local incomes

Compare to Nearby Counties

CountyVerdict
CurrentPutnamGA
48$402,948Est. pending—Hold
OconeeGA
48$542,700$1,8244.03%HoldView
GreeneGA
48$618,661Est. pending—HoldView
FultonGA
48$415,043$1,8885.46%HoldView
GwinnettGA
48$403,679$1,8485.49%HoldView
CobbGA
48$420,571$1,7585.02%HoldView

The Bottom Line

HoldPutnam is a neutral market.

Putnam County in Georgia scores 48/100, ranking #590 of 1,000 US counties (top 78%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Putnam with stronger cash flow

  • Gwinnett County for cash-flow rentals
  • Fulton County for cash-flow rentals
  • Cobb County for cash-flow rentals

Head-to-head comparisons

  • Putnam vs Oconee for rentals
  • Putnam vs Greene for rentals
  • Putnam vs Fulton for rentals
All counties in Georgia →

Ready to Analyze a Deal in Putnam?

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