The Most Affordable Neighborhoods in Iron City, GA by Home Value

 

Iron City, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Iron City area can be challenging. Home prices in Iron City are now at a median cost of $189,461, lower than the Georgia average of $324,634.

The average cost of rent is $730/mo in Iron City, primarily driven by the current value of real estate in the Iron City area. In Iron City, 17.10% of households rent, and 58.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Iron City is $3,752 per month. Households that rent pay about 19.47% of their income on rent here. Iron City’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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