Español

Este sitio también está en español. Leer en español

City · 10,532 residents · Henry County, Georgia

Locust Grove , Georgia

In Locust Grove, a typical home is worth $307,300 and typical rent is $1,573 a month. Compared with all of Henry County, typical household income is 10% lower, typical rent is 6% lower, and the share of households that own their home is 9 points higher.

WhatsApp

  • Typical home value

    $307,300

    2% below the county

    About the same as Georgia

    • Locust Grove
    • Henry
    • Georgia

  • Typical rent

    $1,573a month

    6% below the county

    13% above Georgia

    • Locust Grove
    • Henry
    • Georgia

  • Typical household income

    $75,083a year

    10% below the county

    3% below Georgia

    • Locust Grove
    • Henry
    • Georgia

  • Households that own their home

    84%

    9 points above the county

    18 points above Georgia

    • Locust Grove
    • Henry
    • Georgia

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$322,577
1.9% less than 12 months ago
Typical rent
$2,251 a month
4.7% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Locust Grove is in Henry County. The FHA loan limit ($718,750 for a one-unit home), the fair market rents and the help on this page are those of all of Henry County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Locust Grove apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Jackson, the typical rent is $817: 48% less than in Locust Grove ($1,573).

  2. Nearby, in Jackson, the typical home value is $168,400: 45% less than in Locust Grove ($307,300).

  3. Locust Grove has the 8th highest homeownership rate of the 165 cities in Georgia with more than 5,000 people (84%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Locust Grove

What homes there are in Locust Grove, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Locust Grove, 9 in 10 homes are single-family detached houses; in Henry County, 8.

Year built

The typical home in Locust Grove was built in 2005, 4 years after the typical one in Henry County.

In Locust Grove, 92% of homes have 3 bedrooms or more, more than in Henry County (85%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,705 a month

Henry County: $1,787 a month

Without a mortgage

$716 a month

Henry County: $574 a month

Owners with a mortgage

78%

Henry County: 76%

The typical cost for an owner with a mortgage in Locust Grove is $1,705 a month, near the figure in Henry County ($1,787).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Locust Grove rose 98%; in Henry County, it rose 79%.

Rent in Locust Grove moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLocust GroveHenry CountyGeorgiaUnited States
Rental vacancy Unreliable estimate6.5%6.8%5.5%
Homeowner vacancy Unreliable estimate1.0%1.1%0.9%
More than one person per room Unreliable estimate1.9%2.4%3.4%
People per household 3.142.872.622.53
Drive alone 78%74%71%69%
Carpool Unreliable estimate8%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate1%1%3%
Work from home 14%16%16%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

On average, a household in Locust Grove has 3.14 people, more than in Henry County (2.87).

In Locust Grove, 78% of workers drive alone to work; in Henry County, 74%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Locust Grove?

A typical home costs more than the typical income allows

We start with a typical home in Locust Grove, worth $307,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Locust Grove, which is $75,083 a year. For that payment to be 28% of income, a household would need to earn about $109,780 a year.

The calculator's FHA and conventional loan limits are those of all of Henry County.

Your numbers

Local data
$

Starts at the typical home value in Locust Grove. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,756 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,562

at 7.18% · 30 years

Loan amount
$301,734
Total interest
$434,124
Paid off in
November 2056

Includes $5,190 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,752 a month

  • Tight

    $1,752 to $2,252 a month

  • Hard

    more than $2,252 a month

    Your payment · 41%

Compared with the typical household income in Locust Grove ($75,083 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,562
Principal & interest$2,044
Property tax$254
Home insurance$128
FHA mortgage insurance (MIP)$136

You need at least $10,756 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Locust Grove and Henry County

Locust Grove is in Henry County, Georgia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Locust Grove's own numbers

Typical home value
$307,300
Typical monthly rent
$1,573
Typical yearly household income
$75,083
Households that own their home
84%
Effective property tax rate
0.99%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Henry County

FHA limit, one-unit home
$718,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,762
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Henry County.

Everything about Henry County

Buying

Buying a home in Locust Grove

A typical home in Locust Grove is worth $307,300: 2% below the county and about the same as Georgia. With the typical household income in Locust Grove ($75,083 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Locust Grove 4.1 years
  • Henry 3.8 years
  • Georgia 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Henry County

According to FHFA’s house price index, home prices in Henry County rose 117% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Henry County.

Period County Georgia U.S.
Last year (2025) +0.5% +2.2% +2.9%
5 years (2020–2025) +57% +58% +47%
10 years (2015–2025) +117% +110% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Locust Grove next to Henry County, Georgia and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Locust Grove $307,300
  • Henry $313,900
  • Georgia $303,300
  • United States $332,700
Typical monthly rent
  • Locust Grove $1,573
  • Henry $1,674
  • Georgia $1,393
  • United States $1,413
Typical yearly household income
  • Locust Grove $75,083
  • Henry $83,146
  • Georgia $77,353
  • United States $80,734
See the full table
Locust Grove next to Henry County and Georgia
Measure Locust Grove Henry County Georgia U.S.
Typical home value $307,300 $313,900 $303,300 $332,700
Typical monthly rent $1,573 $1,674 $1,393 $1,413
Typical yearly household income $75,083 $83,146 $77,353 $80,734
Households that own their home 84% 75% 66% 65%
Typical yearly property tax $3,030 $2,741 $2,341 $3,119
Effective property tax rate 0.99% 0.87% 0.77% 0.94%
Renters with high rent for their income 57% 58% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Henry County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Locust Grove

For a typical $307,300 home in Locust Grove, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Locust Grove's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,562a month

    Least cash to close
    Down payment
    $10,756
    Cash to close
    $19,975
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $136

  • Conventional, 5% down $2,505a month

    Down payment
    $15,365
    Cash to close
    $24,584
    Rate
    7.18%
    Mortgage insurance
    PMI · $146

  • Conventional, 20% down, no PMI $2,047a month

    Down payment
    $61,460
    Cash to close
    $70,679
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,331a month

    Down payment
    $46,095
    Cash to close
    $55,314
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Locust Grove and for Henry County.

Property tax

Effective rate in Locust Grove

0.99%of the home’s value each year

$3,030 a year for the typical owner in Locust Grove.

  • Locust Grove 0.99%
  • Henry 0.87%
  • Georgia 0.77%

What Georgia publishes Standard state homestead exemption (Georgia Department of Revenue)

Exemptions and deadlines in Georgia

Flood risk in Henry County

FEMA does not publish these numbers by city: they are for all of Henry County.

Homes in the high-risk zone
0.3%
260
Of those, with NFIP insurance
64%
County Georgia U.S.
Homes in the high-risk zone 0.3% 2% 3.5%
Of those, with NFIP insurance 64% 43% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Locust Grove

Typical rent in Locust Grove is $1,573 a month: 6% below the county. In Locust Grove, 57% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Henry County, by unit size. To pay the 2-bedroom one ($1,762 a month) without spending more than 30% of your income, you would need to earn $33.88 an hour working full time.

HUD fair market rent for all of Henry County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,554 $29.88 $62,160
1 bedroom $1,619 $31.13 $64,760
2 bedrooms $1,762 $33.88 $70,480
3 bedrooms $2,099 $40.37 $83,960
4 bedrooms $2,493 $47.94 $99,720

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Locust Grove

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Locust Grove is in ZIP code 30248.

For 2 bedrooms it is $1,630: $132 less than the fair market rent for Henry County ($1,762).

  • 30248 $1,630$1,940

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Locust Grove when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Locust Grove

HUD lists one building with rents for lower incomes in Locust Grove.

  • Shoal Creek Apartments/Paces New Constr 500 Dewy Rose Ln, Locust Grove 30248 29 homes, 17 low-income · In service since 2011

See all 16 buildings in Henry County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Locust Grove

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Henry County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Locust Grove

No down payment, repair or rent-help program on our list is for Locust Grove or Henry County. The ones below are statewide in Georgia: they work in Locust Grove the same as in the rest of the state.

Which programs do I qualify for? All programs in Georgia

  • Georgia Dream Homeownership Program

    Statewide in Georgia

    Georgia state program for first-time buyers: a mortgage with down payment assistance of up to 5% of the price or $10,000, as a 0% second mortgage with no monthly payments. Offered by Georgia Department of Community Affairs.

    Deferred

    See the program Official page

  • Georgia Dream Peach Plus Loan Program

    Statewide in Georgia

    FHA or VA mortgage from the Georgia Dream program with down payment assistance of 3.5% of the price (up to $10,000), or 4% (up to $12,500) for police officers, educators, health care workers, military members or families with a person with a disability; no first-time buyer requirement. Offered by Georgia Department of Community Affairs.

    Type not stated

    See the program Official page

Housing counselors near Locust Grove

The HUD-approved agencies closest to the center of Locust Grove, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Nid-Hca Atlanta Metro Regional Office

    21 Highway 138 SW, Riverdale · 21 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 9 more
    (770) 472-3756

  • Veterans Center

    320 Lanier Ave W, Fayetteville · 22 miles away

    Also serves in Creole, French, and other languages.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (678) 792-8387

  • The Homeowners Employment Corporation

    1500 Klondike Rd SW, Conyers · 23 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    404-492-6554-503

All counseling agencies in Georgia

Help in Spanish near Locust Grove

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Locust Grove

In HUD’s record, no housing authority with an office in Henry County is named for Locust Grove or Henry County.

2 other authorities have an office in Henry County: see the list Source: HUD

Cities

Other cities in Henry County

These cities are also in Henry County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Henry County Housing in Georgia

Nearby cities

The cities closest to Locust Grove, with the typical home value.

Neighboring counties

If Henry County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Locust Grove.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Locust Grove

Short answers with the numbers for Locust Grove and all of Henry County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Locust Grove?

The typical home value in Locust Grove is $307,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Henry County it is $313,900.

How much does it cost to rent in Locust Grove?

Typical rent in Locust Grove is $1,573 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Henry County is $1,762.

What is the FHA loan limit in Locust Grove?

Locust Grove uses the FHA limit for all of Henry County (2026): $718,750 for a one-unit home and $1,382,250 for a four-unit home.

How much property tax do owners pay in Locust Grove?

The typical homeowner in Locust Grove pays $3,030 a year, according to the U.S. Census Bureau. That is 0.99% of the home’s value; in Henry County, the rate is 0.87%.

Where can I find free help to buy or rent in Locust Grove?

We found no HUD-approved counseling agencies with an office in Henry County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).