Similar to its nearby areas, it is substantially less expensive compared to the country as a whole. Compared to the city of Memphis, it's a lot less expensive.
Home prices
Augusta's median home price is $65,800. It is about $1,160 (1%) higher in comparison to other places in this area.It is roughly $151,700 (69%) lower in comparison to the entire country, and in comparison to the city of Memphis is about $36,000 (35%) lower.
Rents
In Augusta the median monthly rent is $470. Compared to nearby areas it is is very similar.In comparison to the entire country it is about $592 (55%) lower, and in comparison to the city of Memphis is approximately $431 (47%) lower.
Nearby places
Patterson
Patterson is approximately 6 miles east of Augusta. The real estate prices there are substantially less expensive. The median home in Patterson is valued at $35,400, which is $30,400 (85%) lower than Augusta. Its rents are pretty similar. Patterson's median monthly rent is $470, which is very similar to Augusta.
McCrory
McCrory is roughly 8 miles east of Augusta. The real estate prices there are a bit more expensive. The median home in McCrory costs $77,900, which is $12,100 (15%) higher than Augusta. Its rents are a little more expensive. McCrory's median monthly rent is $515, which works out to $45 (8%) higher than Augusta.
Russell
Russell is roughly 9 miles northwest from Augusta. The housing prices there are fairly similar. The median home in Russell is valued at $67,000, which comes out to $1,200 (1%) higher than Augusta. Rents there are significantly less expensive. Russell's median rent is $306 a month, which works out to $164 (53%) lower than Augusta.
Bald Knob
Bald Knob is approximately 10 miles west from Augusta. Housing prices there are a little more expensive. The median home in Bald Knob costs $84,100, which works out to $18,300 (21%) higher than Augusta. Rent there is a bit more expensive. In Bald Knob the median monthly rent is $547, which comes out to $77 (14%) higher than Augusta.
Bradford
Bradford is approximately 10 miles northwest from Augusta. Its housing prices are a bit less expensive. The median home cost in Bradford is $58,800, which is $7,000 (11%) lower than Augusta. Its rents are somewhat more expensive. Bradford's median monthly rent is $505, which comes out to $35 (6%) higher than Augusta.