Cost of Living in Grady County, Georgia

$789/mo
Median Monthly Rent
$136,500
Median Home Value

At a Glance

Median Monthly Rent
$789/mo
15% below state average
Median Home Value
$136,500
52% 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 Grady County Compares

Median monthly rent comparison

Grady County$789/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$789/mo
Median Gross Rent
$136,500
Median Home Value
$808/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Grady County ranks #2,191 of 3,144 counties for affordability (bottom 30%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Grady County, Georgia

Grady's affordability edges out the nation

Renters in Grady County spend just 17.4% of their income on housing, beating the national average and well below the 30% affordability threshold. With a median household income of $54,312—nearly $20,000 below the U.S. average of $74,755—Grady residents still manage better rent-to-income ratios than most Americans.

Among Georgia's most affordable counties

Grady County ranks as one of Georgia's most affordable housing markets, with a 17.4% rent-to-income ratio that beats the state average of 18.6%. Median rent of $789 is also significantly lower than Georgia's state median of $927.

Grady vs. surrounding counties

Grady's median rent of $789 compares favorably to nearby Haralson County ($884) and Habersham County ($939), making it an attractive option for renters seeking affordability in rural Georgia. Home values in Grady average $136,500, the lowest among its regional peers.

Where Grady incomes go

The typical Grady household earning $54,312 annually spends $789 on rent, leaving substantial income for other expenses. Monthly homeownership costs average $808, making Grady accessible for both renters and buyers on modest budgets.

Consider Grady for rural affordability

If you're weighing relocation costs, Grady County offers some of Georgia's lowest housing expenses without sacrificing quality of life. Compare these figures to your current housing costs—you may find significant savings waiting in rural southwest Georgia.

Cost of Living Advisory: Grady County

Affordability Verdict

Housing in Grady County is affordable. The median rent is $789/month against a median household income of $54,312, putting rent at 17.4% of income.

Rent vs. Own

At $789/month rent versus $808/month in owner costs, renting is roughly $19/month cheaper — a 2% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,560/year. For owner costs at the 28% rule, the required income is roughly $34,629/year. With a median household income of $54,312, most households can comfortably afford rent here. Notably, 28.0% of renter households in Grady County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Georgia, Grady County is less affordable than Union County by roughly 6% ($789/mo vs $842/mo).

Affordability Calculator

See how your income compares to housing costs in Grady County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,267

per month

Owner Cost Burden

17.9%

of gross income

You can likely afford the median home in Grady County

Median home value is $136,500. Estimated monthly cost: $1,090 vs. your max of $1,267.

Rent Affordability Guide

Your rent-to-income ratio17.4%
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: $54,312Needed: $31,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,312Needed: $34,629
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,312Needed: $31,767

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 Grady County, Georgia?
Grady County, Georgia has a median monthly rent of $789/mo and a median home value of $136,500. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Grady County?
The median gross rent in Grady County is $789/mo. This is 15% below state average for Georgia.
Is Grady County affordable?
Grady 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 Grady County's rent compare to the state average?
Grady County's median rent of $789/mo is 15% below state average of $927/mo for Georgia.
What is the median home value in Grady County?
The median home value in Grady County, Georgia is $136,500. This is 52% 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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