The Most Affordable Neighborhoods in Ray City, GA by Home Value

 

Ray City, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ray City area can be challenging. Home prices in Ray City are now at a median cost of $122,522, lower than the Georgia average of $231,203.

The average cost of rent is $881/mo in Ray City, primarily driven by the current value of real estate in the Ray City area. While nearly 36.59% of residents own their homes outright in Ray City, 26.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ray City is $4,394 per month. Households that rent pay about 20.05% of their income on rent here. Ray City's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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