Mortgage payment estimates, closing cost breakdowns, and homebuying data for Roswell, Georgia.
Median Home Price
$485K
Population
94K
Avg Monthly Rent
$1,820
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 Roswell.
Roswell vs Georgia Median
The median home price in Roswell is $485,000, which is 43% above the Georgia state median of $340,000.
Mortgage Calculator — Roswell, GA
Pre-filled with Roswell median home price and Georgia tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $485K home using Georgia's 0.92% tax rate and $2,200/yr insurance.
5% Down
$3,736/mo
Down: $24,250
Loan: $461K
P&I: $2,912
Tax: $372
Insurance: $183
PMI: $269
10% Down
$3,569/mo
Down: $48,500
Loan: $437K
P&I: $2,759
Tax: $372
Insurance: $183
PMI: $255
20% Down (No PMI)
$3,008/mo
Down: $97,000
Loan: $388K
P&I: $2,452
Tax: $372
Insurance: $183
Income needed (28% rule): $129K/year with 20% down, $153K/year with 10% down.
Rent vs Buy in Roswell
Rent
$1,820/mo
vs
Buy (10% down)
$3,569/mo
Price-to-rent ratio: 22.2 — At a ratio above 20, renting may be more economical in Roswell for shorter stays. Buying costs $1,749 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 Roswell is $485,000, 43% above the Georgia state median of $340,000. With a population of 94,034, Roswell is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Georgia average 0.92% annually. This moderate property tax rate means a $485,000 home in Roswell would carry roughly $372/month in property taxes. Homeowners insurance in Georgia runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Roswell is $1,820/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.
Roswell is a higher-cost market. At $485K median, buyers need significant savings or strong income. Down payment assistance through Georgia's Georgia Dream Homeownership program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Roswell.