CostBy County

Cost of Living in Fannin County, Georgia

$900/mo
Median Monthly Rent
$306,600
Median Home Value

At a Glance

Median Monthly Rent
$900/mo
7% below state average
Median Home Value
$306,600
8% below national
Census GRAPI
26.3%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Fannin County Compares

Median monthly rent comparison

Fannin County$900/mo
Georgia Average$965/mo
National Median$1,413/mo

Detailed Housing Stats

$900/mo
Median Gross Rent
$306,600
Median Home Value
$742/mo
Monthly Owner Cost
26.3%
Census GRAPI

National Ranking

Affordability Rank

Fannin County ranks #1,429 of 3,142 counties for affordability (top 45%)

Most AffordableLeast Affordable

Sourced county brief

Fannin County Median Home Value Exceeds $300,000 Mark

Fannin County's median home value was estimated at $306,600 according to the 2020-2024 ACS 5-Year Estimates. This value is $108,667 above the Georgia unweighted county mean of $197,933. The median selected monthly owner costs for all owner-occupied housing units was $742, which is below the state unweighted county mean of $905. The median gross rent in the county was $900 per month, compared to the state unweighted county mean of $965. The official median gross rent as a percentage of household income (GRAPI), sourced from ACS table B25071, was 26.3% during this five-year period. This official percentage is 2.3 percentage points lower than the Georgia unweighted county mean GRAPI of 28.6%. For renters, the median household income was reported at $46,080. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Fannin County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.3% of renter household income in Fannin County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $900 per month; median selected monthly owner costs are $742. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $36,000 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Georgia unweighted mean of county median rents is $965 per month. Fannin County's $900 median is 6.8% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Fannin County

$

Rent Burden

18.9%

of gross income

Max Housing (28% Rule)

$1,332

per month

Owner Cost Burden

15.6%

of gross income

The median home in Fannin County may be a stretch

Median home value is $306,600. Estimated monthly cost: $2,448 vs. your max of $1,332.

Rent Affordability Guide

Your entered rent as a share of entered income18.9%
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: $57,073Needed: $36,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,073Needed: $31,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $57,073Needed: $71,354

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 Fannin County, Georgia?
Fannin County, Georgia has a median monthly rent of $900/mo and a median home value of $306,600. The affordability rating is Affordable, with median gross rent equal to approximately 26.3% of renter household income.
What is the median rent in Fannin County?
The median gross rent in Fannin County is $900/mo. This is 7% below state average for Georgia.
Is Fannin County affordable?
Fannin County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.3%. Median gross rent is under 30% of renter household income.
How does Fannin County's rent compare to the state average?
Fannin County's median rent of $900/mo is 7% below state average of $965/mo for Georgia.
What is the median home value in Fannin County?
The median home value in Fannin County, Georgia is $306,600. This is 8% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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