Cost of Living in Murray County, Georgia

$828/mo
Median Monthly Rent
$173,300
Median Home Value

At a Glance

Median Monthly Rent
$828/mo
11% below state average
Median Home Value
$173,300
39% below national
Rent-to-Income Ratio
23.0%
% 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 Murray County Compares

Median monthly rent comparison

Murray County$828/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$828/mo
Median Gross Rent
$173,300
Median Home Value
$677/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Murray County ranks #502 of 3,144 counties for affordability (top 16%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Murray County, Georgia

Murray County beats national affordability

At 14.6%, Murray County's rent-to-income ratio significantly undercuts the national norm, meaning residents spend less of their paychecks on housing than typical Americans. The county's $828 monthly rent sits well below what national averages would predict for a household earning $67,880 annually.

Georgia's most affordable county housing

Murray County ranks among Georgia's best for housing affordability, with a rent-to-income ratio of 14.6% compared to the state average of 18.6%. At $828/month, median rent here runs $99 cheaper than Georgia's statewide average of $927.

Northwest Georgia's budget-friendly option

Murray County's $828 rent and $677 monthly ownership costs make it one of the most accessible counties in its region. Neighboring Oglethorpe County ($832 rent) offers similarly tight affordability, while Paulding County's $1,622 rent shows the steep climb in nearby metro-adjacent areas.

Housing takes modest slice of income

Murray County households dedicate 14.6% of income to rent, leaving 85.4% for other expenses—a healthy cushion by any measure. Homeownership is even more accessible, with a monthly cost of just $677 against the $67,880 median household income.

Consider Murray for affordable living

If housing costs are your primary concern, Murray County's combination of low rent ($828) and manageable ownership expenses ($677) makes it worth serious consideration. The county's 14.6% rent-to-income ratio means more money stays in your pocket for savings, family, and community.

Cost of Living Advisory: Murray County

Affordability Verdict

Murray County is affordable for renters, with a median gross rent of $828/month representing approximately 14.6% of median household income. The rent burden (GRAPI) stands at 23.0%.

Rent vs. Own

The median rent in Murray County is $828/month, while owner costs run $677/month. Owning saves approximately $151/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,120/year. For owner costs at the 28% rule, the required income is roughly $29,014/year. With a median household income of $67,880, most households can comfortably afford rent here. Notably, 23.0% of renter households in Murray County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Murray County sits 7% more expensive than Mitchell County ($776/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Murray County

$

Rent Burden

14.6%

of gross income

Max Housing (28% Rule)

$1,584

per month

Owner Cost Burden

12.0%

of gross income

You can likely afford the median home in Murray County

Median home value is $173,300. Estimated monthly cost: $1,384 vs. your max of $1,584.

Rent Affordability Guide

Your rent-to-income ratio14.6%
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: $67,880Needed: $33,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,880Needed: $29,014
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,880Needed: $40,332

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 Murray County, Georgia?
Murray County, Georgia has a median monthly rent of $828/mo and a median home value of $173,300. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Murray County?
The median gross rent in Murray County is $828/mo. This is 11% below state average for Georgia.
Is Murray County affordable?
Murray County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Murray County's rent compare to the state average?
Murray County's median rent of $828/mo is 11% below state average of $927/mo for Georgia.
What is the median home value in Murray County?
The median home value in Murray County, Georgia is $173,300. This is 39% 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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