Cost of Living in Madison County, Georgia

$951/mo

Median Monthly Rent

$198,800

Median Home Value

3% above state averageUnaffordable

At a Glance

Median Monthly Rent

$951/mo

3% above state average

Median Home Value

$198,800

29% below national

Rent-to-Income Ratio

31.0%

% 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 Madison County Compares

Median monthly rent comparison

Madison County$951/mo

Georgia Average$927/mo

National Median$1,163/mo

Detailed Housing Stats

$951/mo

Median Gross Rent

$198,800

Median Home Value

$808/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Madison County, Georgia

Madison County achieves affordability balance

Madison County's 19.4% rent-to-income ratio sits just above Georgia's 18.6% benchmark, indicating manageable housing strain relative to household incomes. With a median household income of $58,784 (21% below national) and $951 rent, residents maintain reasonable housing economics despite subpar regional incomes.

Balanced affordability in Georgia context

Madison County's rent-to-income ratio hovers near Georgia's state average, neither strained nor exceptionally affordable. The $951 median rent runs just 2.6% above state norms, positioning the county as a stable, predictable housing market.

Mid-range pricing in competitive region

Madison County's $951 rent sits between Long County's $931 and Lowndes County's $1,002, offering middle-ground positioning. Compared to bargain-basement Marion County ($717) and Lincoln County ($732), Madison reflects slightly higher regional demand and development activity.

Rent affordable, ownership pricier

Madison County renters allocate 19.4% of their $58,784 income to $951 monthly rent—a sustainable percentage leaving room for other expenses. Homebuyers face $808 monthly costs against $198,800 median values, suggesting stronger property appreciation and equity-building potential.

Stable market for balanced seekers

Madison County offers predictable housing economics aligned with state norms—ideal for relocators seeking mainstream affordability without dramatic tradeoffs. If you value stability, moderate costs, and reasonable incomes, Madison County delivers straightforward Georgia living without surprises.

Affordability Calculator

See how your income compares to housing costs in Madison County

Your Annual Household Income

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$1,372

per month

Owner Cost Burden

16.5%

of gross income

The median home in Madison County may be a stretch

Median home value is $198,800. Estimated monthly cost: $1,587 vs. your max of $1,372.

Rent Affordability Guide

Your rent-to-income ratio19.4%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Madison County, Georgia?

Madison County, Georgia has a median monthly rent of $951/mo and a median home value of $198,800. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Madison County?

The median gross rent in Madison County is $951/mo. This is 3% above state average for Georgia.

Is Madison County affordable?

Madison County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Madison County's rent compare to the state average?

Madison County's median rent of $951/mo is 3% above state average of $927/mo for Georgia.

What is the median home value in Madison County?

The median home value in Madison County, Georgia is $198,800. This is 29% below the national median home value of $281,900.