The median home in Covington, Georgia is valued at $287,348, down 3.2% year over year. Typical monthly rent is $1,825, producing a price-to-rent ratio of 13.1x — below the national average of 18x. Covington is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Atlanta-Sandy Springs-Alpharetta, GA stress score, crash risk, and 12-month forecast →

Home Value$287,348

-3.2%

Rent$1,825/mo

AFFORDABILITY

Enter your income for Covington.

Income (annual)

Down Payment

$57,470 on $287,348

Stretch — 29.4% of income

Above 28% but manageable with cuts.

PITI$1,835

P/I29.4%

Afford$274K

Gap-$13K

P&I $1,453Tax $216Ins $167

Renting $10/mo cheaper ($1,825 rent)6.50% 30yr, 20% down, county tax + GA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Georgia

Compare Covington with other housing markets across Georgia.

Sea Island$4335K Milton$918K Skidaway Island$885K Berkeley Lake$758K Marble Hill$724K Brookhaven$720K Alpharetta$709K Greensboro$707K

Full Atlanta-Sandy Springs-Alpharetta, GA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Atlanta-Sandy Springs-Alpharetta, GA metro.

View Atlanta-Sandy Springs-Alpharetta, GA metro →

COVINGTON, GA