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Affordable
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These days, finding an affordable place to live in the Lake Talmadge area can be challenging. Home prices in Lake Talmadge are now at a median cost of $291,201, lower than the Georgia average of $324,634.
The average cost of rent is $1,892/mo in Lake Talmadge, primarily driven by the current value of real estate in the Lake Talmadge area. In Lake Talmadge, 9.54% of households rent, and 29.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Talmadge is $7,105 per month. Households that rent pay about 26.62% of their income on rent here. Lake Talmadge’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hampton, GA: equally priced homes
- Lovejoy, GA: less expensive homes
- Sunny Side, GA: less expensive homes
- Woolsey, GA: higher priced homes
- Jonesboro, GA: less expensive homes
- Fayetteville, GA: higher priced homes
- Pomona, GA: less expensive homes
- Riverdale, GA: less expensive homes
- Stockbridge, GA: equally priced homes
- Morrow, GA: less expensive homes
Cities with Similar Populations
- Harrison, GA: less expensive homes
- Tatum, NM: less expensive homes
- Tate Cove, LA: less expensive homes
- Summersville, KY: less expensive homes
- Hygiene, CO: higher priced homes
- Hot Springs, NC: less expensive homes
- Holbrook, KY: less expensive homes
- Hillsdale, IL: less expensive homes
- Hillsboro, IN: less expensive homes
- Hildale, UT: higher priced homes
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