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RE Intelligence

Rental numbers for Lee County, GA

The typical home here runs -$828 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%.

Gross yield
6.3%
typical home, Zillow
Median ZIP yield
6.3%
1 ZIPs with full data
Cash flow
-$828/mo
at 7.78%, 25% down
Typical price
$266,000
Zillow ZHVI, Aug 2026
Typical rent
$1,403/mo
Zillow ZORI, Aug 2026

ZIP codes in Lee County

3 with published figures

31743De Soto$74,000$1,150*18.6%10.3%+$238n/a
31787Smithville$165,000$1,160*8.4%4.1%-$329n/a
31763Leesburg$264,000$1,3976.3%2.8%-$819+2.2%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.9%
Rent, 12 months
+2.6%
Rent minus price growth
+0.7 pts
Property tax
0.97%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$201,713n/a
Aug 2022$235,690n/a
Aug 2023$248,377n/a
Aug 2024$258,451$1,337
Aug 2025$261,135$1,367
Aug 2026$266,114$1,403

HUD Fair Market Rent

FY2027, Albany, GA MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$953$972$1,103$1,482$1,829

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
8.4
103 units, last 12 months
National percentile
65th
among US counties

Tools

Test a listing in Lee County against today's rate.

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Part of the Albany, GA metro.

Questions

Is Lee County good for rental property?
The typical home here runs -$828 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Lee County?
About 0.97% of value, from Census ACS median taxes paid over median home value. On a $266,000 home that is about $2,584 a year.
What is Fair Market Rent in Lee County?
HUD's FY2027 Fair Market Rent here is $972 for a 1-bedroom, $1,103 for a 2-bedroom and $1,482 for a 3-bedroom. Typical cash flow at today's rate is -$828 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.