The typical owner-occupied home in Rentz is worth about $97,000, 68% below the Georgia median of $303,300 and 71% below the national median of $332,700. Owners pay a median $510 a year in property taxes, about 0.53% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $56,250 a year, so the median home costs 1.7 times the median income (3.9 times for Georgia). 61% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Rentz at a glance
| Rentz | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $97,000 | $303,300 | $332,700 |
| Median property tax paid per year | $510 | $2,341 | $3,119 |
| Property tax as a share of value | 0.53% | 0.77% | 0.94% |
| Median household income | $56,250 | $77,353 | $80,734 |
| Homes lived in by their owners | 61% | 66% | 65% |
| Owner homes with a mortgage | 34% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $942 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 13.1% | 20.0% | 21.0% |
| Median rent | $742 | $1,393 | $1,413 |
| Rent as a share of renters' income | 22.1% | 31.3% | 30.6% |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 16.8% | 10.3% | 10.1% |
| Population | 395 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Rentz
At this week's average 30-year rate of 7.11%, buying the median Rentz home of $97,000 with 20% down costs about $605 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $767, 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 $25,941 for the 20%-down payment. That payment is 13% of the median Rentz household income of $56,250; at that income and 20% down, the 28% guideline points to a home of about $210,000.
The median rent here is $742 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $19,400 |
|---|---|
| Loan amount | $77,600 |
| Principal and interest | $522 |
| Property taxes (0.53% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $605 |
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| Down payment | $3,395 |
|---|---|
| Loan amount | $95,243 |
| Principal and interest | $641 |
| Property taxes (0.53% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $43 |
| Total per month | $767 |
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Questions about home buying in Rentz
What is the median home value in Rentz?
About $97,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rentz?
Homeowners pay a median $510 a year, which is about 0.53% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Rentz?
For the median home with 20% down at 7.11%, the payment is about $605 a month. Keeping that under 28% of gross income takes about $25,941 a year.
More about Rentz
- Mortgage Refinance in Rentz
- Debt Relief in Rentz
- Home Equity Loans in Rentz
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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