Mortgage Rates in Riverdale, Georgia — March 2026
Updated March 2026 | Based on Riverdale market data and regional lending conditions
Riverdale is a growing city in Georgia with a population of 15,134. The current 30-year fixed mortgage rate in Riverdale is 6.72%, which is 0.07% above the national average. With a median home price of $250,000 and a 20% down payment of $50,000, homebuyers can expect a monthly principal and interest payment of approximately $1,293.
Current Mortgage Rates in Riverdale, GA
Below are the current average mortgage rates available in the Riverdale area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.72% | 6.65% | +0.07% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.97% | 6.85% | +0.12% |
Riverdale Housing Market Overview
The Riverdale housing market offers relatively affordable housing compared to many major cities. The median household income in Riverdale is $58,600, and the cost of living index is 92.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $63,814 to comfortably afford the median-priced home in Riverdale, which exceeds the current median household income.
Monthly Payment Breakdown for Riverdale
Based on the median home price of $250,000 with 20% down ($50,000), here is what you can expect to pay monthly in Riverdale:
15-Year vs. 30-Year Mortgage in Riverdale
Choosing a 15-year mortgage in Riverdale at 5.97% instead of a 30-year at 6.72% would save you $162,360 in total interest over the life of the loan. However, your monthly payment would be $1,684 instead of $1,293 — an increase of $391 per month.
Calculate Your Riverdale Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Riverdale
What are the current mortgage rates in Riverdale, GA?
As of March 2026, the average 30-year fixed mortgage rate in Riverdale, Georgia is 6.72%, while the 15-year fixed rate is 5.97%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.07% above the national average of 6.65%.
How much is a monthly mortgage payment in Riverdale?
Based on the median home price of $250,000 with 20% down, the estimated monthly mortgage payment in Riverdale is $1,293 for principal and interest. Including property taxes of $196/month, the total monthly housing cost is approximately $1,489.
What income do I need to buy a home in Riverdale?
Using the 28% rule, you would need an annual income of approximately $63,814 to afford the median-priced home in Riverdale at $250,000. The median household income in Riverdale is $58,600. This means most households would need to either earn above the median or consider homes below $250,000.
Is Riverdale a good place to buy a home in 2026?
Riverdale offers a below-average cost of living with a cost of living index of 92.4 (national average = 100). The property tax rate in Georgia is 0.94%, which is near the national average. Riverdale has a population of 15,134 and offers a very affordable lifestyle.
Mortgage Rates in Other Georgia Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Riverdale, Georgia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.