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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 $603,428, higher than the New Jersey average of $496,577.
The average cost of rent is $1,136/mo in Georgia, primarily driven by the current value of real estate in the Georgia area. In Georgia, 5.02% of households rent, and 43.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgia is $11,502 per month. Households that rent pay about 9.88% of their income on rent here. Georgia’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
- West Freehold, NJ: equally priced homes
- Jackson, NJ: less expensive homes
- Leisure Knoll, NJ: equally priced homes
- Freehold, NJ: less expensive homes
- Howell, NJ: less expensive homes
- Jerseyville, NJ: higher priced homes
- Clarksburg, NJ: higher priced homes
- Farmingdale, NJ: equally priced homes
- Holmansville, NJ: less expensive homes
- Perrineville, NJ: higher priced homes
Cities with Similar Populations
- Reagor Springs, TX: less expensive homes
- Hoskinston, KY: less expensive homes
- Huckaby, MO: less expensive homes
- Hulen, KY: less expensive homes
- Hume, CA: less expensive homes
- Ray, IL: less expensive homes
- Raynesford, MT: less expensive homes
- Raynham, NC: less expensive homes
- Reagantown, PA: less expensive homes
- Hornsby, IL: less expensive homes
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