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

-$912

Reported rents

Rising (Monthly)

Be the first to discuss 31501 rents ↓

Most AffordableMost Expensive

ZIP 31501 · $1,020

More affordable than 96% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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

Loading…

Last updated: April 19, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($37,314) is $933 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($780); a 2-bedroom is $1,020.

From Zillow's monthly rent index (ZORI) for ZIP 31501. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,240/yr

At $1,020/mo median

Location

CityWaycross

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

Discussions about ZIP 31501

No discussions yet. Start the conversation.

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 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 (about $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, so the typical household falls short of that bar.