Housing in Madison County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Madison County averages $972/month for a 2‑bedroom in 2024, compared to the Georgia median of $1,393 and the national median of $1,413. Local renters spend approximately 31% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Madison County FMR Area are $1,281 for a studio, $1,307 for 1‑bedroom, $1,471 for 2‑bedroom, $1,917 for 3‑bedroom, and $2,023 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $499 increase for a 2-bedroom in Madison County shows a 51% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Madison County was 3.3% in 2024, compared to Georgia at 3.5% and the national rate of 4.0%.

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Towns near Colbert

City
County
State
Miles
Elbert
GA
0.0
Elbert
GA
7.8
Elbert
GA
12.0
Madison
GA
12.5
Madison
GA
15.9
Wilkes
GA
16.9
Oglethorpe
GA
21.0
Madison
GA
22.0
Oglethorpe
GA
23.0
Wilkes
GA
23.1
Madison
GA
25.0
Madison
GA
25.4
Madison
GA
27.0
Wilkes
GA
27.0
Oglethorpe
GA
27.3
Oglethorpe
GA
28.0
Oglethorpe
GA
31.5
Lincoln
GA
32.4
Greene
GA
35.6
Taliaferro
GA
37.2
Taliaferro
GA
38.0
Greene
GA
40.0
Greene
GA
42.0
Greene
GA
46.9

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