Cost of Living in Chatham County, Georgia

$1,382/mo
Median Monthly Rent
$273,300
Median Home Value

At a Glance

Median Monthly Rent
$1,382/mo
49% above state average
Median Home Value
$273,300
3% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Chatham County Compares

Median monthly rent comparison

Chatham County$1,382/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$1,382/mo
Median Gross Rent
$273,300
Median Home Value
$1,324/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Chatham County ranks #2,939 of 3,144 counties for affordability (bottom 7%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Chatham County, Georgia

Chatham rents run hot versus U.S.

Chatham County renters spend 23.8% of their income on rent, outpacing the national average of roughly 21%. While the county's median household income of $69,575 trails the U.S. figure of $74,755, rent costs here demand a bigger slice of paychecks than most American counties.

Housing squeeze in Savannah's backyard

Chatham's 23.8% rent-to-income ratio ranks among Georgia's least affordable counties, significantly above the state average of 18.6%. At $1,382 per month, median rent here exceeds Georgia's state average by $455, reflecting coastal Georgia's tighter market.

Chatham vs. regional housing costs

Chatham renters pay $1,382 monthly—roughly $155 more than Clarke County ($1,162) and $593 more than Chattooga County ($789). However, median home values in Chatham ($273,300) place it in the middle range regionally, more affordable than Cherokee County's $389,800 but pricier than Chattahoochee's $99,800.

Where Chatham dollars go

Renters dedicate nearly 24 cents of every dollar earned to housing, while homeowners spend 22.8% on monthly ownership costs. The median home value of $273,300 reflects a mix of affordability and coastal demand, squeezing both renters and buyers in this coastal market.

Considering Chatham? Know the trade-offs.

Chatham offers Savannah's amenities but demands higher housing costs than inland Georgia. Renters and buyers should compare the 23.8% rent burden here against more affordable counties inland, or budget carefully if the coastal lifestyle is worth the premium.

Cost of Living Advisory: Chatham County

Affordability Verdict

Housing in Chatham County is affordable. The median rent is $1,382/month against a median household income of $69,575, putting rent at 23.8% of income.

Rent vs. Own

Renters in Chatham County pay $1,382/month on average, compared to $1,324/month for homeowners. This market favors buyers by about 4%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $55,280/year. For owner costs at the 28% rule, the required income is roughly $56,743/year. With a median household income of $69,575, most households can comfortably afford rent here. Notably, 30.0% of renter households in Chatham County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Newton County where rent averages $1,331/month, Chatham County is approximately 4% more expensive.

Affordability Calculator

See how your income compares to housing costs in Chatham County

$

Rent Burden

23.8%

of gross income

Max Housing (28% Rule)

$1,623

per month

Owner Cost Burden

22.8%

of gross income

The median home in Chatham County may be a stretch

Median home value is $273,300. Estimated monthly cost: $2,182 vs. your max of $1,623.

Rent Affordability Guide

Your rent-to-income ratio23.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,575Needed: $55,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,575Needed: $56,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,575Needed: $63,604

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Chatham County, Georgia?
Chatham County, Georgia has a median monthly rent of $1,382/mo and a median home value of $273,300. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Chatham County?
The median gross rent in Chatham County is $1,382/mo. This is 49% above state average for Georgia.
Is Chatham County affordable?
Chatham County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Chatham County's rent compare to the state average?
Chatham County's median rent of $1,382/mo is 49% above state average of $927/mo for Georgia.
What is the median home value in Chatham County?
The median home value in Chatham County, Georgia is $273,300. This is 3% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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