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These days, finding an affordable place to live in the Commerce area can be challenging. Home prices in Commerce are now at a median cost of $267,828, lower than the Georgia average of $324,634.
The average cost of rent is $1,103/mo in Commerce, primarily driven by the current value of real estate in the Commerce area. In Commerce, 35.96% of households rent, and 43.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Commerce is $5,616 per month. Households that rent pay about 19.64% of their income on rent here. Commerce’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maysville, GA: equally priced homes
- Dry Pond, GA: less expensive homes
- Pocataligo, GA: less expensive homes
- Brockton, GA: higher priced homes
- Fort Lamar, GA: less expensive homes
- Ila, GA: equally priced homes
- Homer, GA: higher priced homes
- Danielsville, GA: less expensive homes
- Plainview, GA: less expensive homes
- Carnesville, GA: less expensive homes
Cities with Similar Populations
- Wyckoff, NJ: higher priced homes
- Artesia, CA: higher priced homes
- Alachua, FL: higher priced homes
- Alamo, CA: higher priced homes
- Tuckerton, NJ: higher priced homes
- Aledo, TX: higher priced homes
- Aptos, CA: higher priced homes
- Wolcott, CT: higher priced homes
- Windham, NH: higher priced homes
- Millbrook, AL: less expensive homes
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