Cost of Living in Pike County, Georgia

$1,056/mo
Median Monthly Rent
$265,700
Median Home Value
14% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,056/mo
14% above state average
Median Home Value
$265,700
6% below national
Rent-to-Income Ratio
26.0%
% 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 Pike County Compares

Median monthly rent comparison

Pike County$1,056/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$1,056/mo
Median Gross Rent
$265,700
Median Home Value
$1,206/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Pike County, Georgia

Pike earns high income, keeps rents low

Pike County's 15.1% rent-to-income ratio ranks among Georgia's best, beating the national standard by staying well below typical affordability thresholds. With median household income reaching $84,184—above the national $74,755—Pike residents enjoy above-average earnings paired with moderate housing costs of $1,056 monthly.

Top-tier affordability in Georgia

Pike County's 15.1% rent-to-income ratio ranks it among Georgia's most affordable counties, significantly below the state's 18.6% average. This combination of higher incomes and controlled rents positions Pike as a housing sweet spot within the state.

Pike leads regional affordability race

Pike County's $1,056 monthly rent and $84,184 income create superior affordability compared to nearby Putnam County ($1,063 rent, $64,163 income). Even Rabun County, with its high home values, can't match Pike's balanced rent-to-income equation at 15.1%.

High income powers Pike's advantage

Pike residents earning $84,184 annually allocate just 15.1% to $1,056 rent, while homeowners spend $1,206 monthly on $265,700 median homes. This income-to-cost ratio means Pike offers genuine buying power: homeownership remains accessible without overwhelming monthly payments.

Pike County attracts earners seeking value

Moving to Pike? You'll find above-average incomes paired with below-average rent-to-income ratios—a rare combination in Georgia's housing market. Compare Pike's 15.1% ratio against state average 18.6% to see how relocating here protects your paycheck.

Affordability Calculator

See how your income compares to housing costs in Pike County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,964

per month

Owner Cost Burden

17.2%

of gross income

The median home in Pike County may be a stretch

Median home value is $265,700. Estimated monthly cost: $2,121 vs. your max of $1,964.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Pike County, Georgia?
Pike County, Georgia has a median monthly rent of $1,056/mo and a median home value of $265,700. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Pike County?
The median gross rent in Pike County is $1,056/mo. This is 14% above state average for Georgia.
Is Pike County affordable?
Pike County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pike County's rent compare to the state average?
Pike County's median rent of $1,056/mo is 14% above state average of $927/mo for Georgia.
What is the median home value in Pike County?
The median home value in Pike County, Georgia is $265,700. This is 6% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.