CostBy County

Cost of Living in Henry County, Georgia

$1,674/mo
Median Monthly Rent
$313,900
Median Home Value

At a Glance

Median Monthly Rent
$1,674/mo
73% above state average
Median Home Value
$313,900
6% below national
Census GRAPI
32.8%
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
Stretched
Median gross rent is 30–50% 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 Henry County Compares

Median monthly rent comparison

Henry County$1,674/mo
Georgia Average$965/mo
National Median$1,413/mo

Detailed Housing Stats

$1,674/mo
Median Gross Rent
$313,900
Median Home Value
$1,555/mo
Monthly Owner Cost
32.8%
Census GRAPI

National Ranking

Affordability Rank

Henry County ranks #2,937 of 3,142 counties for affordability (bottom 7%)

Most AffordableLeast Affordable

Sourced county brief

Henry County Median Gross Rent Estimated at $1,674 Monthly

Median gross rent in Henry County was $1,674 per month during the 2020-2024 period, which is higher than the Georgia unweighted county mean of $965. The median home value in the county was estimated at $313,900, exceeding the state unweighted county mean of $197,933. For owner households, the median monthly owner cost was $1,555, above the state unweighted county mean of $905. The median renter-household income was recorded at $59,703. The official median gross rent as a percentage of household income (GRAPI) was 32.8%. This official B25071 estimate is 4.2 percentage points higher than the Georgia unweighted county mean of 28.6%. All metrics provided are snapshots from the American Community Survey and do not represent relocation or investment advice. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Henry County

Affordability Verdict

ACS B25071 estimates median gross rent at 32.8% of renter household income in Henry 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 $1,674 per month; median selected monthly owner costs are $1,555. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $66,960 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. Henry County's $1,674 median is 73.4% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Henry County

$

Rent Burden

24.2%

of gross income

Max Housing (28% Rule)

$1,940

per month

Owner Cost Burden

22.4%

of gross income

The median home in Henry County may be a stretch

Median home value is $313,900. Estimated monthly cost: $2,506 vs. your max of $1,940.

Rent Affordability Guide

Your entered rent as a share of entered income24.2%
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: $83,146Needed: $66,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $83,146Needed: $66,643
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $83,146Needed: $73,053

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 Henry County, Georgia?
Henry County, Georgia has a median monthly rent of $1,674/mo and a median home value of $313,900. The affordability rating is Stretched, with median gross rent equal to approximately 32.8% of renter household income.
What is the median rent in Henry County?
The median gross rent in Henry County is $1,674/mo. This is 73% above state average for Georgia.
Is Henry County affordable?
Henry County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 32.8%. Median gross rent is 30–50% of renter household income.
How does Henry County's rent compare to the state average?
Henry County's median rent of $1,674/mo is 73% above state average of $965/mo for Georgia.
What is the median home value in Henry County?
The median home value in Henry County, Georgia is $313,900. This is 6% 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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