The Most Affordable Neighborhoods in Morningside-Lenox Park, Atlanta, GA by Home Value

 

Morningside-Lenox Park, Atlanta, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Morningside-Lenox Park area can be challenging. Home prices in Morningside-Lenox Park are now at a median cost of $681,829, higher than the Atlanta average of $395,472.

The average cost of rent is $1,953/mo in Morningside-Lenox Park, primarily driven by the current value of real estate in the Morningside-Lenox Park area. In Morningside-Lenox Park, 60.07% of households rent, and 29.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Morningside-Lenox Park is $9,439 per month. Households that rent pay about 20.69% of their income on rent here. Morningside-Lenox Park’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

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


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