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These days, finding an affordable place to live in the Georgia area can be challenging. Home prices in Georgia are now at a median cost of $123,319, lower than the Indiana average of $232,932.
The average cost of rent is $984/mo in Georgia, primarily driven by the current value of real estate in the Georgia area. In Georgia, 9.02% of households rent, and 64.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgia is $3,138 per month. Households that rent pay about 31.35% of their income on rent here. Georgia’s most expensive areas are in the southwestern 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
- Mitchell, IN: higher priced homes
- Bryantsville, IN: higher priced homes
- Yockey, IN: higher priced homes
- Lawrenceport, IN: higher priced homes
- River Vale, IN: higher priced homes
- Orleans, IN: higher priced homes
- Orangeville, IN: higher priced homes
- Fort Ritner, IN: higher priced homes
- Stonington, IN: higher priced homes
- Buddha, IN: less expensive homes
Cities with Similar Populations
- Clearview, TX: higher priced homes
- Weaubleau, MO: equally priced homes
- Waterproof, LA: less expensive homes
- Corum, OK: higher priced homes
- Copley, OH: higher priced homes
- Conesville, OH: equally priced homes
- Collegeville, IN: higher priced homes
- Colesburg, IA: higher priced homes
- Coleman, OK: higher priced homes
- Cochecton, NY: higher priced homes
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