Property Prices in Savannah, GA, United States

Index Info
Price to Income Ratio: 5.38
Mortgage as Percentage of Income: 48.75%
Loan Affordability Index: 2.05
Price to Rent Ratio - City Centre: 8.82
Price to Rent Ratio - Outside of Centre: 8.42
Gross Rental Yield (City Centre): 11.34%
Gross Rental Yield (Outside of Centre): 11.88%
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 406.97 $ 213.95-600.00
Price per Square Feet to Buy Apartment Outside of Centre 231.98 $ 213.95-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,194.50 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 51 entries in the past 18 months from 19 different contributors.
Last update: December 2024

Sources and References
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