Rent vs Buy in Georgia

Compare 6 cities across Georgia. Find out whether renting or buying makes more financial sense in your area.

6cities analyzed
Avg Home:$400,000
Avg Rent:$1,925/mo
Avg Price/Rent:17.5

Georgia Housing Market Summary

6

Cities Analyzed

4

Favor Buying

1

Favor Renting

1

Toss-Up

Across Georgia's 6 analyzed cities, the majority (4 cities) favor buying over renting. This suggests Georgia generally offers good value for homebuyers.

The average home price in Georgia is $400,000, with average rents at $1,925/month. This gives an average price-to-rent ratio of 17.5.

$Most Affordable Cities

1

Savannah

$360,000

Buy
2

Sandy Springs

$380,000

Buy
3

Augusta

$390,000

Buy

$$Most Expensive Cities

1

Columbus

$450,000

Rent
2

Atlanta

$430,000

Buy
3

Athens

$390,000

Toss-up

All Georgia Cities

Sorted by population. Click any city for detailed analysis.

CityMedian PriceMedian RentPrice/RentBreak-evenVerdict
Atlanta$430,000$2,15016.74 yrsBuy
Columbus$450,000$1,65022.710 yrsRent
Augusta$390,000$2,00016.35 yrsBuy
Savannah$360,000$2,05014.65 yrsBuy
Athens$390,000$1,80018.16 yrsToss-up
Sandy Springs$380,000$1,90016.75 yrsBuy

Compare Other States

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These are general analyses based on median values. Use our comprehensive Buy vs Rent calculator to input your specific income, savings, and financial goals.

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