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Buying a home in Rhine, Georgia

The typical owner-occupied home in Rhine is worth about $106,900, 65% below the Georgia median of $303,300 and 68% below the national median of $332,700. The median household earns $44,167 a year, so the median home costs 2.4 times the median income (3.9 times for Georgia). 67% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.

Rhine at a glance

Rhine Georgia U.S.
Median home value $106,900 $303,300 $332,700
Median property tax paid per year – $2,341 $3,119
Median household income $44,167 $77,353 $80,734
Homes lived in by their owners 67% 66% 65%
Owner homes with a mortgage 32% 63% 61%
Median monthly costs, owners with a mortgage – $1,783 $1,963
Those costs as a share of the owners' income 51.0% 20.0% 21.0%
Median rent – $1,393 $1,413
Rent as a share of renters' income 20.8% 31.3% 30.6%
Median year homes were built 1968 1992 1980
Vacant homes 28.2% 10.3% 10.1%
Population 662 10,940,407 334,922,499

What a typical home costs per month in Rhine

At this week's average 30-year rate of 7.11%, buying the median Rhine home of $106,900 with 20% down costs about $718 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $896, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $30,764 for the 20%-down payment. That payment is 20% of the median Rhine household income of $44,167; at that income and 20% down, the 28% guideline points to a home of about $153,000.

20% down, 30-year conventional loan
Down payment$21,380
Loan amount$85,520
Principal and interest$575
Property taxes (1.10% a year)$98
Homeowners insurance (our estimate, 0.5% a year)$45
PMI$0
Total per month$718

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3.5% down, 30-year FHA loan
Down payment$3,742
Loan amount$104,964
Principal and interest$706
Property taxes (1.10% a year)$98
Homeowners insurance (our estimate, 0.5% a year)$45
FHA mortgage insurance$47
Total per month$896

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Questions about home buying in Rhine

What is the median home value in Rhine?

About $106,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Rhine?

For the median home with 20% down at 7.11%, the payment is about $718 a month. Keeping that under 28% of gross income takes about $30,764 a year.

More about Rhine

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data