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These days, finding an affordable place to live in the McDonough area can be challenging. Home prices in McDonough are now at a median cost of $336,005, higher than the Georgia average of $324,634.
The average cost of rent is $1,871/mo in McDonough, primarily driven by the current value of real estate in the McDonough area. In McDonough, 24.51% of households rent, and 25.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDonough is $7,935 per month. Households that rent pay about 23.58% of their income on rent here. McDonough’s most expensive areas are in the northeastern 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
- Locust Grove, GA: equally priced homes
- Stockbridge, GA: less expensive homes
- Swan Lake, GA: less expensive homes
- Hampton, GA: equally priced homes
- Luella, GA: less expensive homes
- Lovejoy, GA: less expensive homes
- Jenkinsburg, GA: less expensive homes
- Rex, GA: less expensive homes
- Sunny Side, GA: less expensive homes
- Lake Talmadge, GA: less expensive homes
Cities with Similar Populations
- Nashville, TN: higher priced homes
- Mooresville, NC: higher priced homes
- New Orleans, LA: equally priced homes
- Montgomery, AL: less expensive homes
- Muskegon, MI: less expensive homes
- Murfreesboro, TN: higher priced homes
- Nashua, NH: higher priced homes
- Napa, CA: higher priced homes
- Mountain View, CA: higher priced homes
- Muncie, IN: less expensive homes
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