Cost of Living in Fayette County, Georgia

$1,787/mo
Median Monthly Rent
$405,600
Median Home Value

At a Glance

Median Monthly Rent
$1,787/mo
93% above state average
Median Home Value
$405,600
44% above national
Rent-to-Income Ratio
32.0%
% 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 Fayette County Compares

Median monthly rent comparison

Fayette County$1,787/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$1,787/mo
Median Gross Rent
$405,600
Median Home Value
$1,709/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Fayette County ranks #1,601 of 3,144 counties for affordability (bottom 49%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Fayette County, Georgia

Fayette County: affluent but affordability tested

Fayette County's rent-to-income ratio of 19.7% exceeds the national average despite median household income of $108,986—46% above the national median. The anomaly reflects Fayette's high rents ($1,787/month) driven by proximity to Atlanta and suburban demand, meaning even affluent households dedicate more income to housing than the typical American.

Georgia's most expensive housing market

Fayette County's median rent of $1,787 nearly doubles Georgia's state average of $927, and its 19.7% rent-to-income ratio exceeds the state average of 18.6%. The county represents Georgia's premium housing market, where affluence meets steep price tags.

Fayette: the region's luxury outlier

Fayette County's $1,787 rent and $1,709 owner cost dwarfcounty peers—the next-highest is Effingham at $1,116 rent and $1,406 owner cost. Fayette's affluent demographics (median income $108,986) distinguish it from rural neighbors, positioning it as an Atlanta exurban enclave rather than a rural county.

Fayette County: premium housing costs

Renters pay $1,787 monthly on median household income of $108,986, consuming 19.7% of gross earnings—higher than peers despite high incomes. Homeowners dedicate $1,709 per month to median-valued properties of $405,600, the region's priciest market, reflecting Fayette's status as an upscale Atlanta suburb.

Fayette County: for Atlanta-adjacent living

Fayette County suits high-income relocators prioritizing Atlanta proximity and affluent suburban amenities over affordability; median home values exceed $400,000. If your household income exceeds $100,000 and you value strong schools and suburban lifestyle, Fayette delivers despite its 19.7% affordability ratio that consumes more income than typical.

Cost of Living Advisory: Fayette County

Affordability Verdict

Fayette County offers affordable rental housing at a median of $1,787/month — about 19.7% of the typical household income here.

Rent vs. Own

The median rent in Fayette County is $1,787/month, while owner costs run $1,709/month. Owning saves approximately $78/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $71,480/year. For owner costs at the 28% rule, the required income is roughly $73,243/year. With a median household income of $108,986, most households can comfortably afford rent here. Notably, 32.0% of renter households in Fayette County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Georgia, Fayette County is more affordable than Gwinnett County by roughly 4% ($1,787/mo vs $1,713/mo).

Affordability Calculator

See how your income compares to housing costs in Fayette County

$

Rent Burden

19.7%

of gross income

Max Housing (28% Rule)

$2,543

per month

Owner Cost Burden

18.8%

of gross income

The median home in Fayette County may be a stretch

Median home value is $405,600. Estimated monthly cost: $3,238 vs. your max of $2,543.

Rent Affordability Guide

Your rent-to-income ratio19.7%
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: $108,986Needed: $71,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $108,986Needed: $73,243
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $108,986Needed: $94,394

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 Fayette County, Georgia?
Fayette County, Georgia has a median monthly rent of $1,787/mo and a median home value of $405,600. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Fayette County?
The median gross rent in Fayette County is $1,787/mo. This is 93% above state average for Georgia.
Is Fayette County affordable?
Fayette County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fayette County's rent compare to the state average?
Fayette County's median rent of $1,787/mo is 93% above state average of $927/mo for Georgia.
What is the median home value in Fayette County?
The median home value in Fayette County, Georgia is $405,600. This is 44% above 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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