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These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $205,326, lower than the Georgia average of $324,634.
The average cost of rent is $1,111/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. In Townsend, 12.44% of households rent, and 58.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $5,327 per month. Households that rent pay about 20.85% of their income on rent here. Townsend’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pine Harbor, GA: less expensive homes
- Eulonia, GA: less expensive homes
- Valona, GA: less expensive homes
- Crescent, GA: less expensive homes
- Shellman Bluff, GA: higher priced homes
- Sapelo Island, GA: higher priced homes
- Meridian, GA: equally priced homes
- South Newport, GA: less expensive homes
- Darien, GA: equally priced homes
- Jones, GA: less expensive homes
Cities with Similar Populations
- Cherokee, AL: less expensive homes
- Middleburgh, NY: less expensive homes
- Cresco, PA: higher priced homes
- Davisboro, GA: less expensive homes
- Gaylord, MN: equally priced homes
- Ogdensburg, NJ: higher priced homes
- Nedrow, NY: less expensive homes
- Olivia, MN: less expensive homes
- Parsonsburg, MD: equally priced homes
- Pawnee, OK: less expensive homes
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