Mortgage payment estimates, closing cost breakdowns, and homebuying data for Atlanta, Georgia.
Pre-filled with Atlanta median home price and Georgia tax/insurance rates. Adjust for your property.
Estimated closing costs based on Georgia rates and fees applied to Atlanta prices.
The median home price in Atlanta is $415,000, 22% above the Georgia state median of $340,000. With a population of 498,715, Atlanta is a mid-size city where home prices reflect strong demand and local economic factors.
Property taxes in Georgia average 0.92% annually. This moderate property tax rate means a $415,000 home in Atlanta would carry roughly $318/month in property taxes. Homeowners insurance in Georgia runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Atlanta is $1,750/month. The price-to-rent ratio in Atlanta is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Atlanta is a higher-cost market. At $415K median, buyers need significant savings or strong income. Down payment assistance through Georgia's Georgia Dream Homeownership program becomes especially important.