Property Prices in Savannah, GA, United States

Index Info
Price to Income Ratio: 3.90
Mortgage as Percentage of Income: 30.41%
Loan Affordability Index: 3.29
Price to Rent Ratio - City Centre: 11.29
Price to Rent Ratio - Outside of Centre: 4.91
Gross Rental Yield (City Centre): 8.86%
Gross Rental Yield (Outside of Centre): 20.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,557.14 $ 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,022.86 $ 850.00-1,300.00
Apartment (3 bedrooms) in City Centre 1,877.78 $ 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,393.62 $ 1,200.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 303.43 $ 145.83-501.92
Price per Square Feet to Buy Apartment Outside of Centre 90.73 $ 85.83-100.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,716.55 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.80 4.00-6.00

These data are based on 104 entries in the past 18 months from 26 different contributors.
Last update: June 2021

Sources and References
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