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These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $196,100, lower than the Georgia average of $324,634.
The average cost of rent is $843/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. In Chelsea, 11.86% of households rent, and 68.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,729 per month. Households that rent pay about 14.71% of their income on rent here. Chelsea’s most expensive areas are in the central 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
- Berryton, GA: less expensive homes
- Summerville, GA: less expensive homes
- Menlo, GA: less expensive homes
- Teloga, GA: less expensive homes
- Cloudland, GA: higher priced homes
- Harrisburg, GA: less expensive homes
- Lyerly, GA: less expensive homes
- Trion, GA: less expensive homes
- Welcome Hill, GA: less expensive homes
- Mentone, AL: less expensive homes
Cities with Similar Populations
- Warm Springs, NV: less expensive homes
- Van Buren Bay, NY: equally priced homes
- Vibbard, MO: higher priced homes
- Virginville, WV: less expensive homes
- Vivian, WV: less expensive homes
- Fordair, WA: higher priced homes
- Wall Lake, LA: higher priced homes
- Calvin, ND: less expensive homes
- Walnut Hill, AR: less expensive homes
- Cactus Flat, SD: less expensive homes
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