The median home price in Georgia is $366,500 which has increased by 5.2% since the last year. The Georgia housing market has witnessed a 13.7% year-over-year decline in the number of homes listed. With a 3-month supply left, the tight inventory is expected to drive an increase in the median sale price.
As per our research, home prices are relatively higher in coastal areas near Brunswick, GA. On the other hand, as you towards the inland areas of the Peach State like Dublin, you can find cheaper housing options.
4 Reasons to live in Georgia 🍑
- Cheaper Houses: The median home sale price in Georgia is ~$366K. But you can get houses between $108K and $330K in cities like Americus, Macon, and Augusta.
- Tax Benefits: Georgia offers taxpayers ways to reduce state taxes, including standard and itemized deductions, disaster assistance credits, and low-income tax credits.
- Affordable Utility: Monthly utilities in cities that are mentioned in this blog is up to 30% lower than the national average.
- Cheaper Rentals: The rent prices of these cities are lower than the national average. You can save up to $300 per month in rent.
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View 53,892 Homes For Sale in Georgia
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Cheapest Places to Live in Georgia in 2024
This list provides insights into the average household income, median listing price, population, unemployment rate, and poverty rate of the cities.
| City | Median Household Income | Median Home Value | Population | Unemployment Rate | Poverty Rate |
|---|---|---|---|---|---|
| Americus | $36,498 | $108,000 | 15,642 | 4.4% | 27.1% |
| Macon | $48,897 | $184,000 | 156,197 | 3.2% | 25.1% |
| Augusta | $50,492 | $187,400 | 202,096 | 4.8% | 20.6% |
| Columbus | $54,561 | $207,000 | 202,616 | 4.0% | 18.7% |
| Warner Robins | $63,678 | $240,000 | 82,175 | 3.3% | 11.3% |
| Savannah | $54,748 | $337,000 | 148,004 | 3.7% | 19.0% |
| Athens | $47,798 | $329,000 | 128,561 | 3.4% | 27.1% |
7 Cheapest Places to Live in GA
The annual population growth of 12.4% since 2010 is reflective of people’s intention to move to Georgia. If you’re considering shifting to Georgia, here are some cities that offer affordable living options:
1. Americus
| 🟢 Cost of Living Compared to National Average | 20%⬇️ |
| 🏡 Median Home Price | $108,000 |
| 💲 Median Rent | $644 |
| 🌅 Known For | Rylander Theatre |
Americus is an affordable place to live in Georgia. Its median house rent ranges from $600 – $1,150. A low cost of living and affordable housing has led to a population growth of 5.39% between 2020 and 2021.
Americus is recognized for its tree-lined streets and boasts a unique charm that reflects its cultural and historical significance. Moreover, the job market has seen a boost by 1.6% over the last year. This indicates an increase in job opportunities and financial stability for the city’s residents.
» Homes for Sale in Americus, GA: Find your dream home in this city.
2. Macon
| 🟢 Cost of Living Compared to National Average | 12%⬇️ |
| 🏡 Median Home Price | $184,000 |
| 💲 Median Rent | $1,175 |
| 🏞️ Known For | Cherry Blossom Festival |
Macon is one of the most budget-friendly rental destinations in Georgia with an average home rent ranging from $300 – $5,800. It also offers affordable housing which is 30% lower than the national average.
Macon is known for its status as a cultural hub, featuring historic sites and a thriving music scene. The city hosts numerous historic homes like Cannonball House and The Big House that showcase its rich history and cultural significance.
» Homes for Sale in Macon, GA: Browse thousands of property listings in the Heart of Georgia.
3. Augusta
| 🟢 Cost of Living Compared to National Average | 15%⬇️ |
| 🏡 Median Home Price | $187,400 |
| 💲 Median Rent | $1,240 |
| 🏖️ Known For | Savannah River |
With rental costs below the national average, Augusta stands as one of the most affordable cities to live in Georgia. The house rent price is between $500 – $5,000.
Augusta offers a vibrant cultural scene with activities including ballet, opera, drama, choral societies, and art galleries. Additionally, its museums focus on cultural and educational exhibits.
» Homes for Sale in Augusta, GA: View all the properties for sale in this city.
4. Columbus
| 🟢 Cost of Living Compared to National Average | 12%⬇️ |
| 🏡 Median Home Price | $207,000 |
| 💲 Median Rent | $1,010 |
| 🏖️ Known For | Columbus Museum |
Columbus offers budget-friendly living with a median rent that is $235 lower than the national median. Moreover, the monthly utility costs are 32% below the national average in this city.
Columbus is currently experiencing an arts and culture renaissance. There’s a lively scene with ballet, Broadway shows, and various art forms that are now a big part of daily life in the city.
» Homes for Sale in Columbus, GA: Browse through thousands of affordable properties.
5. Warner Robins
| 🟢 Cost of Living Compared to National Average | 11.4%⬇️ |
| 🏡 Median Home Price | $240,000 |
| 💲 Median Rent | $1,450 |
| 🎨 Known For | Museum of Aviation |
Also called the “Home of Planes, Trains, and Heroes,” Warner Robins’ average cost of living is $1,935. The average healthcare expenses are 18.2% lower than the national average.
Warner Robins has received a livability score of 64/100, positioning it above average in overall livability. The affordable food, health, housing, and transportation facilities make the city one of the cheapest places to live in the US.
» Homes for Sale in Warner Robins, GA: Browse through thousands of properties in this city.
6. Savannah
| 🟢 Cost of Living Compared to National Average | 10%⬇️ |
| 🏡 Median Home Price | $337,000 |
| 💲 Median Rent | $1,700 |
| 🏫 Known For | Forsyth Park |
The house rent in Savannah is between $658 – $7,000. With an average household income of $54,748, you can comfortably live in this city. A low cost of living and affordable housing has led to a population growth of ~6.8% since 2010.
Known for its diverse culinary offerings, Savannah boasts Southern cuisine, seafood, and unique dining experiences. The annual cost for housing, food, health care, and other essentials for a single adult in Savannah is $38,650.
» Homes for Sale in Savannah, GA: Find a home in one of the cheapest places to live in Georgia.
7. Athens
| 🟢 Cost of Living Compared to National Average | 12%⬇️ |
| 🏡 Median Home Price | $329,000 |
| 💲 Median Rent | $1,650 |
| 🖼️ Known For | Music Scene (Indie Rock Hip-Hop Groups) |
Athens is one of the best places to live in Georgia, with a year-over-year median home price decline of 7.4% in December 2023. The healthcare cost is 9.9% lower than the national average.
Athens offers affordable housing and vibrant entertainment. You can explore the stunning themed display gardens at the State Botanical Garden of Georgia. You can also discover 225 acres of woodlands and wetlands Sandy Creek Nature Center in Athens.
» Homes for Sale in Americus, GA: Get yourself a home in this vibrant city.
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The Bottom Line
The cost of living in Georgia is 10% lower than the national average. Nevertheless, it is still home to some of the most expensive cities in America. However, if you want to shift to Georgia, you can find affordable housing in cities like Americus, Macon, and Augusta.
Cities like Warner Robins and Athens have a slightly expensive cost of living but provide better job opportunities. You must research the city’s home prices and living costs before relocating.
Find Homes for Sale in GA Under Your Specific Budget
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With thousands of property listings, Houzeo.com is one of the biggest property listing sites in the US. Find condos, townhouses, co-ops, and other types of homes for sale in Georgia on Houzeo.
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Find Your Dream Home 🏡
View 53,892 Homes For Sale in Georgia
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» Need More Clarity? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.
Research Methodology
We’ve created this list by considering factors such as cost of living, median home price, and rental price range. We have also accounted for the population, median household income, poverty rate, and unemployment rate in these cities.
To compile this list of the cheapest areas to live in Georgia, we have drawn data from the Economic Research Institute, World Population Review, Rent Cafe, and Zillow.
FAQs
What is the cheapest place to live in Georgia?
The cheapest place to live in Georgia is Americus. It offers affordable transportation, which is 32.8% lower than the national average.
» 7 Cheapest Places to Live in Georgia: Find out the other cheapest places to live in Georgia!
Where is the best place to live in Georgia?
The best place to live in Georgia is Columbus, followed by Athens, Augusta, Alpharetta, Johns Creek, Savannah, and Atlanta.
Is Georgia the cheapest place to live in?
No, it is not. Its average Georgia home value is $366,500. However, it is cheaper than other expensive states like Hawaii, New York and Massachusetts.
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