The typical owner-occupied home in Atlanta is worth about $85,200, 61% below the Louisiana median of $216,500 and 74% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.23% of their home's value, lower than the Louisiana rate of 0.55%. 77% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Atlanta at a glance
| Atlanta | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $85,200 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.23% | 0.55% | 0.94% |
| Median household income | – | $60,756 | $80,734 |
| Homes lived in by their owners | 77% | 67% | 65% |
| Owner homes with a mortgage | 49% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $992 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 20.4% | 21.0% |
| Median rent | – | $1,064 | $1,413 |
| Median year homes were built | 1988 | 1983 | 1980 |
| Vacant homes | 14.7% | 14.4% | 10.1% |
| Population | 190 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Atlanta
At this week's average 30-year rate of 7.11%, buying the median Atlanta home of $85,200 with 20% down costs about $510 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $652, 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 $21,872 for the 20%-down payment.
| Down payment | $17,040 |
|---|---|
| Loan amount | $68,160 |
| Principal and interest | $459 |
| Property taxes (0.23% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| PMI | $0 |
| Total per month | $510 |
Change the numbers in the calculator
| Down payment | $2,982 |
|---|---|
| Loan amount | $83,657 |
| Principal and interest | $563 |
| Property taxes (0.23% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| FHA mortgage insurance | $38 |
| Total per month | $652 |
Change the numbers in the calculator
Questions about home buying in Atlanta
What is the median home value in Atlanta?
About $85,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Atlanta?
Homeowners pay a median $199 a year, which is about 0.23% 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 Atlanta?
For the median home with 20% down at 7.11%, the payment is about $510 a month. Keeping that under 28% of gross income takes about $21,872 a year.
More about Atlanta
- Mortgage Refinance in Atlanta
- Debt Relief in Atlanta
- Home Equity Loans in Atlanta
- 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