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Montgomery, GA

Full City Profile · Georgia · Chatham County County

3.5 /5.0
B+ Good
4,704 Population 901/sq mi density
$86,500 Median Income $42,698 per capita
$393,700 Home Value $379,327 Zillow
$1,249 Median Rent 21.3% income on rent
68°F Avg Temperature 301 sunny days/yr
116 Violent Crime/100K 3,279 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$86,500 median income, 0.5% unemployment
A
Affordability
4.1 / 5.0
$393,700 home value, $1,249/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
A+
Education
4.6 / 5.0
44.7% bachelor's degree or higher

Housing Overview

Median Home Value
$393,700
40% above
US avg: $281,900
Median Rent
$1,249/mo
7% above
US avg: $1,163/mo
Homeownership Rate
82.1%
26% above US avg (65.4%)
Total Housing Units
2,102
Median year built: 1987

Home Value by Source

Census Median
$393,700
Zillow (ZHVI)
$379,327
Median Sale Price
$275,000
Median List Price
$299,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.1%
Owner-Occupied
17.9%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$737/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,353/mo
4 Bedroom
$1,632/mo
Census median rent: $1,249/mo

Market Indicators (Redfin)

Median Days on Market
132 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
82.1%

Complete Housing Data

Home Values

Census Median Value$393,700
Zillow Home Value (ZHVI)$379,327
Median Sale Price$275,000
Median List Price$299,999
Price Per Sq Ft$140

Rent

Census Median Rent$1,249
FMR Studio$737
FMR 1-Bedroom$742
FMR 2-Bedroom$973
FMR 3-Bedroom$1,353
FMR 4-Bedroom$1,632

Market

Days on Market132
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold1
Active Inventory13
Price Per Sq Ft$140

Ownership & Stock

Owner-Occupied82.1%
Renter-Occupied17.9%
Homeownership Rate82.1%
Total Housing Units2,102
Median Year Built1987
Rent Burden21.3%