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Affordable
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These days, finding an affordable place to live in the Demorest area can be challenging. Home prices in Demorest are now at a median cost of $239,099, lower than the Georgia average of $324,634.
The average cost of rent is $1,081/mo in Demorest, primarily driven by the current value of real estate in the Demorest area. In Demorest, 28.90% of households rent, and 51.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Demorest is $6,011 per month. Households that rent pay about 17.98% of their income on rent here. Demorest’s most expensive areas are in the northwestern 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
- Habersham, GA: equally priced homes
- Cornelia, GA: equally priced homes
- Mount Airy, GA: equally priced homes
- Clarkesville, GA: higher priced homes
- Baldwin, GA: less expensive homes
- Alto, GA: less expensive homes
- Sautee Nacoochee, GA: higher priced homes
- Cleveland, GA: higher priced homes
- Hollingsworth, GA: higher priced homes
- Turnerville, GA: higher priced homes
Cities with Similar Populations
- Princeton, KY: less expensive homes
- Pigeon Forge, TN: equally priced homes
- Piney Flats, TN: higher priced homes
- Pismo Beach, CA: higher priced homes
- Pitman, NJ: higher priced homes
- Pittsburg, TX: less expensive homes
- Pleasant Garden, NC: equally priced homes
- Pomona, NJ: higher priced homes
- Port Jefferson, NY: higher priced homes
- Port Richey, FL: less expensive homes
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