Cost of Living in Montgomery County, Georgia

$732/mo

Median Monthly Rent

$118,200

Median Home Value

21% below state averageUnaffordable

At a Glance

Median Monthly Rent

$732/mo

21% below state average

Median Home Value

$118,200

58% below national

Rent-to-Income Ratio

30.0%

% 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 Montgomery County Compares

Median monthly rent comparison

Montgomery County$732/mo

Georgia Average$927/mo

National Median$1,163/mo

Detailed Housing Stats

$732/mo

Median Gross Rent

$118,200

Median Home Value

$666/mo

Monthly Owner Cost

30.0%

Rent-to-Income Ratio

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.

Affordability Calculator

See how your income compares to housing costs in Montgomery County

Your Annual Household Income

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

Your rent-to-income ratio17.2%

Recommended max30.0%

Frequently Asked Questions

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

Montgomery County, Georgia has a median monthly rent of $732/mo and a median home value of $118,200. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.

What is the median rent in Montgomery County?

The median gross rent in Montgomery County is $732/mo. This is 21% below state average for Georgia.

Is Montgomery County affordable?

Montgomery County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Montgomery County's median rent of $732/mo is 21% below state average of $927/mo for Georgia.

What is the median home value in Montgomery County?

The median home value in Montgomery County, Georgia is $118,200. This is 58% below the national median home value of $281,900.