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These days, finding an affordable place to live in the Payne area can be challenging. Home prices in Payne are now at a median cost of $72,829, lower than the Georgia average of $324,634.
The average cost of rent is $927/mo in Payne, primarily driven by the current value of real estate in the Payne area. In Payne, 74.35% of households rent, and 82.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Payne is $2,589 per month. Households that rent pay about 35.81% of their income on rent here. Payne’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Macon, GA: higher priced homes
- Lizella, GA: higher priced homes
- Bolingbroke, GA: higher priced homes
- Gray, GA: higher priced homes
- Franklinton, GA: higher priced homes
- Dry Branch, GA: higher priced homes
- James, GA: higher priced homes
- Smarr, GA: higher priced homes
- Musella, GA: higher priced homes
- Knoxville, GA: higher priced homes
Cities with Similar Populations
- Institute, WV: higher priced homes
- Spring Seat, TX: higher priced homes
- Spokane, LA: higher priced homes
- South Prairie, WA: higher priced homes
- South Cortland, NY: higher priced homes
- South Conway, NH: higher priced homes
- Sorrento, ME: higher priced homes
- Smithville, NY: higher priced homes
- Sliters, NY: higher priced homes
- Jameson, MO: higher priced homes
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