Cost of Living in Montgomery County, Georgia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Montgomery County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Montgomery County ranks #2,916 of 3,144 counties for affordability (bottom 7%)
Data Story
About Cost of Living in Montgomery County, Georgia
Montgomery achieves strong affordability
Montgomery's 17.2% rent-to-income ratio beats the national average while the median income of $51,188 trails the U.S. figure by 32%, showing residents stretch modest earnings efficiently. This efficiency-to-income ratio makes Montgomery a value-conscious choice.
Above Georgia's affordability average
At 17.2%, Montgomery's rent-to-income ratio sits comfortably below Georgia's 18.6% state average, ranking it among the state's more affordable counties. This position suggests Montgomery residents enjoy better housing value than most Georgians.
Near-lowest rents in the region
Montgomery's median rent of $732 is the third-lowest across the eight counties, bested only by Miller ($699) and Mitchell ($776) by thin margins. At $195 below Georgia's state average, Montgomery delivers strong regional value.
Balanced costs for renters and buyers
Renters pay $732 monthly while homeowners spend $666 on median properties worth $118,200—the second-lowest home value in the group. Both pathways consume roughly 17% of the $51,188 median income, offering reasonable choices for households at any stage.
Montgomery offers solid middle-ground value
Relocating on a tight budget should compare Montgomery's $732 rent and $118,200 median home value to nearby Miller and Mitchell counties. Its balanced affordability and ownership costs make it a reliable option for families transitioning between renting and buying.
Cost of Living Advisory: Montgomery County
Affordability Verdict
Montgomery County offers affordable rental housing at a median of $732/month — about 17.2% of the typical household income here.
Rent vs. Own
The median rent in Montgomery County is $732/month, while owner costs run $666/month. Owning saves approximately $66/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,280/year. For owner costs at the 28% rule, the required income is roughly $28,543/year. With a median household income of $51,188, most households can comfortably afford rent here. Notably, 30.0% of renter households in Montgomery County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Montgomery County sits 7% less expensive than Ware County ($786/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Montgomery County
Rent Burden
17.2%
of gross income
Max Housing (28% Rule)
$1,194
per month
Owner Cost Burden
15.6%
of gross income
You can likely afford the median home in Montgomery County
Median home value is $118,200. Estimated monthly cost: $944 vs. your max of $1,194.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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