Milledgeville, GA housing market
Typical home value
$241K
▲ 1.3% 1 yr
Typical rent
$1,458/mo
▲ 7.0% 1 yr
Gross rent yield
7.3%
U.S. 6.3%
5-year home value change
+22%
U.S. +20%
Key takeaways
- 1The typical home in Milledgeville is worth $240,752, up 1.3% over the past year and up 22% over five years.
- 2Typical rent is $1,458 a month (+7.0% YoY), a gross rent yield of 7.3% (below the Milledgeville, GA metro's 7.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,323/mo, $135 less than typical rent.
- 4Zillow forecasts the Milledgeville, GA metro's home values to change +1.9% over the next 12 months.
Market temperature (Milledgeville, GA metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #463 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Milledgeville compares
| Measure | Milledgeville | Milledgeville, GA metro | United States |
|---|---|---|---|
| Typical home value | $240,752 | $228,979 | $366,157 |
| Home value, 1-yr change | +1.3% | +1.2% | +1.2% |
| Typical rent | $1,458 | $1,460 | $1,932 |
| Rent, 1-yr change | +7.0% | +6.8% | +2.7% |
| Gross rent yield | 7.3% | 7.7% | 6.3% |
| Price-to-rent ratio | 13.8 | 13.1 | 15.8 |
| Mortgage P&I, typical home | $1,323 | $1,258 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Milledgeville rental, pre-filled.
Rent vs buy in Milledgeville
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $241K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.