ZIP Code · GA

ZIP 31605

Part of Valdosta, GA
Pop. 24,829·Lowndes County·168th most expensive ZIP in Georgia
Median rent (all units)
$1,587/mo
Year-over-Year
+1.7%
Month-over-Month
-0.5%
vs US Median
-$345
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 31605 · $1,587
More affordable than 66% of US ZIP codes · National median $1,932/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,140
1 BR
$1,140
2 BR
$1,480
3 BR
$1,970
4 BR+
$2,380
Research median
$1,480/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 31605 is 0.5% below its high of $1,595 in August 2026, at $1,587 as of September 2026.

Past year vs. the rest of Georgia

Rent in ZIP 31605 changed +1.7% over the year to September 2026. Across the 216 Georgia ZIP codes Zillow tracks, the typical change was +2.4%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($79,156) is $1,979 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,970); a 4-bedroom is $2,380.

Rank in Valdosta

3rd cheapest of 3 ZIP codes in Valdosta.

Cheaper nearby

ZIP 31602, 8 miles away, rents for 24% less ($1,212/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 31605. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,044/yr
At $1,587/mo median
Location
StateGA
CountyLowndes County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.7% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 31605 (Valdosta, GA) is majority owner-occupied, skews toward younger working-age adults, 35.8% of residents hold a bachelor's degree or higher.

Population
24,829
Median income
$79,156
Median age
32
Renters
33.9%
Age distribution
23%
31.8%
21.6%
12.5%
Under 1823%
18–3431.8%
35–5421.6%
55–6411.2%
65+12.5%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
56.5%
29%
White56.5%
Black29%
Hispanic8.6%
Asian2.9%
Other3.1%
Education (25+)
24.2%
35.9%
35.8%
No HS diploma4.1%
HS diploma24.2%
Some college35.9%
Bachelor's+35.8%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

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

2023 vs 2026

How ZIP 31605 in Valdosta, GA has changed in 5 years

Rent
$1,373 → $1,587
up 15.6%
Income
$59,594 → $79,156
up 32.8%
Population
23,839 → 24,829
up 4.2%
Renter share
37.9% → 33.9%
-4.0 pts
Bachelor's+
31.9% → 35.8%
+3.9 pts
Median age
30.3 → 32
+1.7 yrs

Rent in ZIP 31605 in Valdosta, GA has increased 15.6% since 2023, going from about $1,373 per month to roughly $1,587 today. Local incomes tracked alongside that move, going from a median of $59,594 in 2021 to $79,156 more recently. Income growth outran rent by about 17.2 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 23,839 to 24,829 between 2021 and 2024, a 4.2% change. About 33.9% of households rent today, against 37.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.9% to 35.8%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 31605 in Valdosta, GA market of 2023.

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About renting in ZIP 31605

Last updated: October 17, 2026

ZIP code 31605 covers Valdosta, GA. The median rent here is $1,587/mo as of October 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,480/mo.

At 24% of local median household income ($79,156/yr), ZIP 31605 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 31605?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,587/mo in ZIP 31605. The local median household income is $79,156/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 31605?

Rent in ZIP 31605 has risen 1.7% over the past year as of September 2026. It sits 0.5% below its high of $1,595 in August 2026.

How does ZIP 31605 compare to other ZIPs in Georgia?

ZIP 31605 is one of the more affordable among Georgia ZIP codes for rent, ranking #168 of 234 at $1,587/mo. Over the year to September 2026, rent in ZIP 31605 changed +1.7%, against a typical +2.4% across the 216 Georgia ZIP codes Zillow tracks.

How does ZIP 31605 compare to the rest of Valdosta?

At $1,587/mo, ZIP 31605 is $291 above the Valdosta citywide median of $1,296/mo. It is the 3rd cheapest of 3 ZIP codes in Valdosta.
Income Affordability
24%
VERY AFFORDABLE

At $1,587/mo, rent takes ~24% of ZIP 31605's median household income ($79,156/yr). The standard benchmark is 30%.

ZIP 31605 24%Benchmark 30%
State income tax4.99%
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Schools nearby

Public schools near ZIP 31605 (Valdosta, GA)

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