Mortgage Calculator & Closing Costs: Cartersville, GA
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Cartersville, Georgia.
Median Home Price
$285K
Population
24K
Avg Monthly Rent
$1,180
Property Tax Rate
0.92% *
* Property tax shown is the Georgia state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Cartersville.
Cartersville vs Georgia Median
The median home price in Cartersville is $285,000, which is 16% below the Georgia state median of $340,000.
Mortgage Calculator — Cartersville, GA
Pre-filled with Cartersville median home price and Georgia tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $285K home using Georgia's 0.92% tax rate and $2,200/yr insurance.
5% Down
$2,271/mo
Down: $14,250
Loan: $271K
P&I: $1,711
Tax: $219
Insurance: $183
PMI: $158
10% Down
$2,173/mo
Down: $28,500
Loan: $257K
P&I: $1,621
Tax: $219
Insurance: $183
PMI: $150
20% Down (No PMI)
$1,843/mo
Down: $57,000
Loan: $228K
P&I: $1,441
Tax: $219
Insurance: $183
Income needed (28% rule): $79K/year with 20% down, $93K/year with 10% down.
Rent vs Buy in Cartersville
Rent
$1,180/mo
vs
Buy (10% down)
$2,173/mo
Price-to-rent ratio: 20.1 — At a ratio above 20, renting may be more economical in Cartersville for shorter stays. Buying costs $993 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Cartersville is $285,000, 16% below the Georgia state median of $340,000. With a population of 24,182, Cartersville is a smaller market where home prices tend to be more accessible than in many parts of Georgia.
Property taxes in Georgia average 0.92% annually. This moderate property tax rate means a $285,000 home in Cartersville would carry roughly $219/month in property taxes. Homeowners insurance in Georgia runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Cartersville is $1,180/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Cartersville presents moderate affordability. The $285K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Cartersville.