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These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $401,651, higher than the Georgia average of $324,634.
The average cost of rent is $1,720/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. In Decatur, 37.49% of households rent, and 30.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $8,174 per month. Households that rent pay about 21.05% of their income on rent here. Decatur’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belvedere Park, GA: less expensive homes
- Candler-McAfee, GA: less expensive homes
- Avondale Estates, GA: higher priced homes
- Panthersville, GA: less expensive homes
- Scottdale, GA: less expensive homes
- Pine Lake, GA: less expensive homes
- Clarkston, GA: less expensive homes
- North Decatur, GA: higher priced homes
- Redan, GA: less expensive homes
- Druid Hills, GA: higher priced homes
Cities with Similar Populations
- Trenton, NJ: less expensive homes
- Tyler, TX: less expensive homes
- Tustin, CA: higher priced homes
- Sumter, SC: less expensive homes
- Surprise, AZ: higher priced homes
- Suffolk, VA: less expensive homes
- Stockton, CA: higher priced homes
- Suwanee, GA: higher priced homes
- Tempe, AZ: higher priced homes
- Stone Mountain, GA: less expensive homes
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