Cost of Living in Fayette County, Georgia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Fayette County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Fayette County ranks #3,040 of 3,142 counties for affordability (bottom 3%)
Sourced county brief
Fayette County Median Gross Rent Reported at $1,898
Fayette County recorded a median gross rent of $1,898 per month, a figure higher than the Georgia unweighted county mean of $965. The official GRAPI for the county was 34.5%, which is 5.9 percentage points above the state unweighted county mean of 28.6%. Median renter-household income was $68,508. Among homeowners, the median home value was $436,400 and median selected monthly owner costs were $1,807. These metrics are both higher than the state unweighted county means of $197,933 and $905, respectively. The rentToIncomePct for Fayette County is the official B25071 GRAPI estimate based on ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Fayette County
Affordability Verdict
ACS B25071 estimates median gross rent at 34.5% of renter household income in Fayette County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,898 per month; median selected monthly owner costs are $1,807. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $75,920 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. Fayette County's $1,898 median is 96.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Fayette County
Rent Burden
20.3%
of gross income
Max Housing (28% Rule)
$2,613
per month
Owner Cost Burden
19.4%
of gross income
The median home in Fayette County may be a stretch
Median home value is $436,400. Estimated monthly cost: $3,484 vs. your max of $2,613.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: 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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