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ZIP Code · GA

ZIP 31501

Part of Waycross, GA
Pop. 13,511·Ware County·234th most expensive ZIP in Georgia
Median rent (all units)
$1,020/mo
Year-over-Year
+8.5%
Month-over-Month
+8.5%
vs US Median
-$945
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 31501 · $1,020
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$770
1 BR
$780
2 BR
$1,020
3 BR
$1,220
4 BR+
$1,600
Research median
$1,020/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: April 19, 2026

Annual cost
$12,240/yr
At $1,020/mo median
Location
StateGA
CountyWare County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.5% YoY, +8.5% MoM), not inventory.
Demographics

Who lives here

ZIP 31501 (Waycross, GA) is roughly split between renters and owners, has a median income below the national average, 17.3% of residents hold a bachelor's degree or higher.

Population
13,511
Median income
$37,314
Median age
39.2
Renters
47.5%
Age distribution
24.5%
18.5%
27.7%
18.5%
Under 1824.5%
18–3418.5%
35–5427.7%
55–6410.8%
65+18.5%
Gender
45.6%
54.4%
Male45.6%
Female54.4%
Race & ethnicity
47.8%
48.5%
White47.8%
Black48.5%
Hispanic2%
Other1.6%
Education (25+)
16.9%
37.3%
28.6%
17.3%
No HS diploma16.9%
HS diploma37.3%
Some college28.6%
Bachelor's+17.3%
Housing tenure
52.5%
47.5%
Owner52.5%
Renter47.5%

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

2021 vs 2026

How ZIP 31501 in Waycross, GA has changed in 5 years

Income
$36,098 → $37,314
up 3.4%
Population
14,258 → 13,511
down 5.2%
Renter share
47.5% → 47.5%
+0.0 pts
Bachelor's+
17.8% → 17.3%
-0.5 pts

On the earnings side, the typical household in ZIP 31501 in Waycross, GA now reports about $37,314, up from $36,098 in 2021. The population has contracted by 5.2% since 2021, moving from about 14,258 residents to roughly 13,511.

Community

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Local insights

Tips for renters in ZIP 31501

About renting in ZIP 31501

Last updated: April 19, 2026

ZIP code 31501 covers Waycross, GA. The median rent here is $1,020/mo as of April 2026. A 1-bedroom rents for a median of $780/mo. A 2-bedroom rents for a median of $1,020/mo.

At 33% of local median household income ($37,314/yr), ZIP 31501 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 31501?

As of April 19, 2026, the median monthly rent in ZIP 31501 (Waycross, GA) is $1,020. This is based on aggregated data from public sources and community submissions.

How does ZIP 31501 rent compare to the US average?

ZIP 31501's median rent of $1,020/mo is $945 (48%) below the US national median of $1,965/mo.

How does ZIP 31501 compare to other ZIPs in Georgia?

ZIP 31501 is among the more affordable ZIP codes in Georgia, ranking #234 out of 242 ZIPs at $1,020/mo.

How much income do you need to rent in ZIP 31501?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,020/mo in ZIP 31501. The local median household income is $37,314/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 31501?

Rent in ZIP 31501 has increased 8.5% over the past year as of April 19, 2026, putting upward pressure on renter budgets.

Is ZIP 31501 an affordable place to rent?

ZIP 31501 is considered moderate for renters. At $1,020/mo, rent takes approximately 33% of the local median household income ($37,314/yr). The standard benchmark is 30%. ZIP 31501 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 31501 residents rent vs. own?

According to Census data, approximately 47.5% of ZIP 31501 households are renters, while 52.5% are owner-occupied. ZIP 31501 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 31501 compare to the rest of Waycross?

ZIP 31501 is more affordable than Waycross overall. At $1,020/mo, it's $180 below the Waycross citywide median of $1,200/mo.

When was rent data for ZIP 31501 last updated?

Rent data for ZIP 31501 reflects April 19, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,020/mo, rent takes ~33% of ZIP 31501's median household income ($37,314/yr). The standard benchmark is 30%.

ZIP 31501 33%Benchmark 30%
State income tax4.99%
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Schools nearby

Public schools near ZIP 31501 (Waycross, GA)

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