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Affordable
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These days, finding an affordable place to live in the Olney area can be challenging. Home prices in Olney are now at a median cost of $187,340, lower than the Georgia average of $324,634.
The average cost of rent is $1,043/mo in Olney, primarily driven by the current value of real estate in the Olney area. In Olney, 6.35% of households rent, and 49.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olney is $5,936 per month. Households that rent pay about 17.57% of their income on rent here. Olney’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ivanhoe, GA: less expensive homes
- Pineora, GA: higher priced homes
- Ellabell, GA: equally priced homes
- Hubert, GA: less expensive homes
- Marlow, GA: higher priced homes
- Eden, GA: higher priced homes
- Guyton, GA: higher priced homes
- Stilson, GA: less expensive homes
- Meldrim, GA: higher priced homes
- Lanier, GA: equally priced homes
Cities with Similar Populations
- Shawnee, NY: higher priced homes
- Kettle River, MN: higher priced homes
- Kukui, HI: higher priced homes
- Ridgeway, IA: higher priced homes
- Rocky Ridge, OH: higher priced homes
- Round Lake, MN: equally priced homes
- Sadsburyville, PA: higher priced homes
- Savannah, MS: equally priced homes
- Selle, ID: higher priced homes
- Selwyn, WV: less expensive homes
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