ZIP 31324
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 31324 usually run 0.9% below trend in February and 0.7% above it in August, about $35 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 31324 is 0.6% below its high of $2,228 in June 2026, at $2,215 as of September 2026.
Rent in ZIP 31324 changed +1.0% over the year to September 2026. Across the 216 Georgia ZIP codes Zillow tracks, the typical change was +2.4%.
From 2019 to 2024, rent in ZIP 31324 rose 51% while median household income rose 40.5% ($87,111 to $122,378). Rent outpaced income.
Rent in ZIP 31324 is 52.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($122,378) is $3,059 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,900); a 4-bedroom is $3,300.
From Zillow's monthly rent index (ZORI) for ZIP 31324. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 31324 (Richmond Hill, GA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 43.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 31324 in Richmond Hill, GA has changed in 5 years
Compared with 2021, rent in ZIP 31324 in Richmond Hill, GA has increased by $639 per month, settling near $2,215 after starting the period at $1,576. Census figures show median household income at $122,378 today, compared with $94,756 five years earlier. Rent outpaced income growth by roughly 11.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 31,978 to 37,406 between 2021 and 2024, a 17.0% change. About 22.2% of households rent today, against 27.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.3% to 43.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 31324
Last updated: October 17, 2026
ZIP code 31324 covers Richmond Hill, GA. The median rent here is $2,215/mo as of October 2026. A 1-bedroom rents for a median of $1,990/mo. A 2-bedroom rents for a median of $2,180/mo.
At 22% of local median household income ($122,378/yr), ZIP 31324 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.
Frequently asked questions
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How does ZIP 31324 compare to the rest of Richmond Hill?
At $2,215/mo, rent takes ~22% of ZIP 31324's median household income ($122,378/yr). The standard benchmark is 30%.
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