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These days, finding an affordable place to live in the Atlanta area can be challenging. Home prices in Atlanta are now at a median cost of $103,099, lower than the New York average of $610,895.
The average cost of rent is $847/mo in Atlanta, primarily driven by the current value of real estate in the Atlanta area. In Atlanta, 9.55% of households rent, and 62.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Atlanta is $5,521 per month. Households that rent pay about 15.35% of their income on rent here. Atlanta’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Cohocton, NY: higher priced homes
- Ingleside, NY: higher priced homes
- Cohocton, NY: higher priced homes
- Wayland, NY: equally priced homes
- Hunt Hollow, NY: higher priced homes
- Naples, NY: higher priced homes
- Perkinsville, NY: equally priced homes
- Wallace, NY: equally priced homes
- Springwater, NY: higher priced homes
- Italy, NY: higher priced homes
Cities with Similar Populations
- Savage, KY: higher priced homes
- Manila, UT: higher priced homes
- Millhousen, IN: higher priced homes
- Bethesda, WV: equally priced homes
- Soudan, MN: higher priced homes
- Sollitt, IL: higher priced homes
- Troy, VT: higher priced homes
- Shirley, IL: higher priced homes
- Little Sauk, MN: higher priced homes
- Vanzant, MO: higher priced homes
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