Property Prices in Savannah, GA, United States

Index Info
Price to Income Ratio: 4.75
Mortgage as Percentage of Income: 43.03%
Loan Affordability Index: 2.32
Price to Rent Ratio - City Centre: 7.48
Price to Rent Ratio - Outside of Centre: 8.30
Gross Rental Yield (City Centre): 13.36%
Gross Rental Yield (Outside of Centre): 12.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,366.67 $ 2,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,450.00 $ 1,300.00-1,550.00
Apartment (3 bedrooms) in City Centre 3,900.00 $ 3,000.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,250.00 $ 1,900.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 345.36 $ 218.04-600.00
Price per Square Feet to Buy Apartment Outside of Centre 228.69 $ 218.04-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,251.24 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 61 entries in the past 18 months from 25 different contributors.
Last update: December 2024

Sources and References
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