Cost of Living in Fayette County, Georgia

$1,787/mo
Median Monthly Rent
$405,600
Median Home Value
93% above state averageUnaffordable

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

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.

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%

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