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These days, finding an affordable place to live in the Augusta area can be challenging. Home prices in Augusta are now at a median cost of $228,531, lower than the Georgia average of $324,634.
The average cost of rent is $1,254/mo in Augusta, primarily driven by the current value of real estate in the Augusta area. In Augusta, 31.97% of households rent, and 41.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Augusta is $6,466 per month. Households that rent pay about 19.39% of their income on rent here. Augusta’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Martinez, GA: higher priced homes
- Hephzibah, GA: less expensive homes
- North Augusta, SC: equally priced homes
- Belvedere, SC: less expensive homes
- Evans, GA: higher priced homes
- Grovetown, GA: higher priced homes
- Beech Island, SC: less expensive homes
- Burnettown, SC: less expensive homes
- Blythe, GA: less expensive homes
- Langley, SC: higher priced homes
Cities with Similar Populations
- Norfolk, VA: higher priced homes
- Norman, OK: higher priced homes
- Norristown, PA: higher priced homes
- New York, NY: higher priced homes
- Madison, AL: higher priced homes
- Homestead, FL: higher priced homes
- Huntington Beach, CA: higher priced homes
- Indianapolis, IN: higher priced homes
- Lynchburg, VA: equally priced homes
- Laredo, TX: less expensive homes
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