Cost of Living in Colquitt County, Georgia

$779/mo
Median Monthly Rent
$121,400
Median Home Value

At a Glance

Median Monthly Rent
$779/mo
16% below state average
Median Home Value
$121,400
57% below national
Rent-to-Income Ratio
28.0%
% 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 Colquitt County Compares

Median monthly rent comparison

Colquitt County$779/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$779/mo
Median Gross Rent
$121,400
Median Home Value
$632/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Colquitt County ranks #2,486 of 3,144 counties for affordability (bottom 21%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Colquitt County, Georgia

Colquitt offers solid national affordability

Colquitt County's rent-to-income ratio of 18.8% aligns closely with national norms, and at $779 monthly, renters pay roughly half what national median rent suggests. A median household income of $49,691 supports these modest housing costs, making Colquitt accessible to working families across income tiers.

Slightly above Georgia's affordability average

Colquitt's 18.8% rent-to-income ratio edges just above Georgia's state average of 18.6%, positioning it in the moderate affordability zone across the state. At $779 monthly rent, it's still 16% cheaper than Georgia's median and serves as a rural alternative to pricier regions.

Middle ground in South Georgia rental market

Colquitt's $779 rent falls between Coffee County's bargain $713 and Cook County's $901, offering a reasonable middle option for South Georgia renters. All three maintain similar income levels, but Colquitt balances affordability with more developed infrastructure.

Ownership offers modest 19% cost advantage

Colquitt homeowners pay $632 monthly—$147 less than renters—on median home values of $121,400, creating a meaningful incentive for those able to qualify for mortgages. Housing costs consume roughly 19% of median household income under either tenure.

Balanced affordability in rural South Georgia

Colquitt County offers rural charm with moderate affordability, splitting the difference between Coffee's rock-bottom rents and Cook County's higher costs. Consider it if you want South Georgia living costs without sacrificing community amenities entirely.

Cost of Living Advisory: Colquitt County

Affordability Verdict

Housing in Colquitt County is affordable. The median rent is $779/month against a median household income of $49,691, putting rent at 18.8% of income.

Rent vs. Own

The median rent in Colquitt County is $779/month, while owner costs run $632/month. Owning saves approximately $147/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,160/year. For owner costs at the 28% rule, the required income is roughly $27,086/year. With a median household income of $49,691, most households can comfortably afford rent here. Notably, 28.0% of renter households in Colquitt County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Terrell County where rent averages $727/month, Colquitt County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Colquitt County

$

Rent Burden

18.8%

of gross income

Max Housing (28% Rule)

$1,159

per month

Owner Cost Burden

15.3%

of gross income

You can likely afford the median home in Colquitt County

Median home value is $121,400. Estimated monthly cost: $969 vs. your max of $1,159.

Rent Affordability Guide

Your rent-to-income ratio18.8%
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: $49,691Needed: $31,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,691Needed: $27,086
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,691Needed: $28,253

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 Colquitt County, Georgia?
Colquitt County, Georgia has a median monthly rent of $779/mo and a median home value of $121,400. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Colquitt County?
The median gross rent in Colquitt County is $779/mo. This is 16% below state average for Georgia.
Is Colquitt County affordable?
Colquitt County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Colquitt County's rent compare to the state average?
Colquitt County's median rent of $779/mo is 16% below state average of $927/mo for Georgia.
What is the median home value in Colquitt County?
The median home value in Colquitt County, Georgia is $121,400. This is 57% 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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