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City Report · GA

Waycross

Pop. 13,756·132nd most expensive in Georgia·One of the most affordable rental markets in the US
Median rent (all units)
$1,075/mo
Year-over-Year
Stable
Month-over-Month
-10.4%
vs US Median
-$887
Falling (Monthly)
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Most AffordableMost Expensive
Waycross · $1,075
More affordable than 96% of US cities · National median $1,962/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $1,075/mo, rent takes about 34% of the local median household income, slightly above the 30% benchmark.

Income to afford
$43,000/yr
Local median income
$38,301/yr
Based on the 30%-of-income rule using Waycross's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$710
1 BR
$720
2 BR
$940
3 BR
$1,130
4 BR+
$1,460
Fair Market Rent (HUD)
$940/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,075 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$12,900/yr
At $1,075/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -10.4% MoM), not inventory.
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Demographics

Who lives here

Waycross, GA is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 16% of residents hold a bachelor's degree or higher.

Population
13,756
Median income
$38,301
Median age
38
Renters
53.5%
Age distribution
28.7%
17.1%
24.4%
12.2%
17.6%
Under 1828.7%
18–3417.1%
35–5424.4%
55–6412.2%
65+17.6%
Gender
45.1%
54.9%
Male45.1%
Female54.9%
Race & ethnicity
35.7%
56%
White35.7%
Black56%
Hispanic6.3%
Asian0.7%
Other1.3%
Education (25+)
19.1%
36.7%
28.2%
16%
No HS diploma19.1%
HS diploma36.7%
Some college28.2%
Bachelor's+16%
Housing tenure
46.5%
53.5%
Owner46.5%
Renter53.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Waycross, GA has changed in 5 years

Income
$31,151 → $38,301
up 23.0%
Population
13,898 → 13,756
down 1.0%
Renter share
55.8% → 53.5%
-2.3 pts
Bachelor's+
17.3% → 16%
-1.3 pts
Median age
36.4 → 38
+1.6 yrs

Household income in the area moved from $31,151 to $38,301 across the same window, up 23.0% versus 2021. Census counts show Waycross, GA losing about 142 residents over the five-year window, down 1.0% on net. The renter share has eased from 55.8% to 53.5%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Waycross

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View Waycross rent history (2015–2026) →
Salary vs rent

Can you afford rent in Waycross on your salary?

At $1,075/mo, how Waycross rent compares to typical pay (30% rule).

By apartment size

Waycross rent by bedroom count

Median rent for each apartment size in Waycross. Click any size for full breakdown.

Local insights

Tips for renters in Waycross

About renting in Waycross, GA

Last updated: August 17, 2026

The median rent in Waycross is $1,075/mo as of August 2026. A studio apartment averages $710/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $720/mo and 3-bedroom units go for $1,130/mo.

At 34% of local median household income ($38,301/yr), Waycross ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Waycross an affordable city for renters?

Waycross is considered moderate for renters. At $1,075/mo, rent takes approximately 34% of the local median household income ($38,301/yr). The standard benchmark is 30%. Waycross slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Waycross?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,075/mo in Waycross. The local median household income is $38,301/yr, meaning the typical Waycross household falls short of that threshold.

Is rent going up or down in Waycross?

Rent in Waycross has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Waycross rent compare to other cities in Georgia?

Waycross is one of the more affordable cities in Georgia for rent, ranking #132 out of 133 tracked cities at $1,075/mo.

What percentage of Waycross residents rent vs. own?

According to Census data, approximately 53.5% of Waycross households are renters, while 46.5% are owner-occupied. With a majority renter population, Waycross has a strong rental market.

How does Waycross rent compare to the national average?

Waycross's median rent of $1,075/mo is $887 (45%) below the US national median of $1,962/mo. Within Georgia, it ranks #132 out of 133 tracked cities.
Income Affordability
34%
MODERATE

At $1,075/mo, rent takes ~34% of Waycross's median household income ($38,301/yr). The standard benchmark is 30%.

Waycross 34%Benchmark 30%
State income tax4.99%
Run the Waycross affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Waycross, GA

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