Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan area can be challenging. Home prices in Morgan are now at a median cost of $81,484, lower than the Georgia average of $231,203.
The average cost of rent is $499/mo in Morgan, primarily driven by the current value of real estate in the Morgan area. While nearly 74.00% of residents own their homes outright in Morgan, 32.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan is $5,814 per month. Households that rent pay about 8.58% of their income on rent here. Morgan's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Edison, GA: less expensive homes
- Moye, GA: less expensive homes
- Nicholasville, GA: higher priced homes
- Leary, GA: higher priced homes
- Arlington, GA: less expensive homes
- Carnegie, GA: less expensive homes
- Doverel, GA: higher priced homes
- Herod, GA: higher priced homes
- Suttons Corner, GA: less expensive homes
- Bluffton, GA: less expensive homes
Cities with Similar Populations
- Tsaile, AZ: less expensive homes
- Glendale, OR: higher priced homes
- Gordon, PA: higher priced homes
- Guthrie, KY: higher priced homes
- Hana, HI: higher priced homes
- Hancock, ME: higher priced homes
- Hartley, TX: higher priced homes
- Sunray, TX: higher priced homes
- Tangent, OR: higher priced homes
- Tomkins Cove, NY: higher priced homes
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