Property Prices in Savannah, GA, United States

Index Info
Price to Income Ratio: 2.93
Mortgage as Percentage of Income: 26.60%
Loan Affordability Index: 3.76
Price to Rent Ratio - City Centre: 7.31
Price to Rent Ratio - Outside of Centre: 5.11
Gross Rental Yield (City Centre): 13.69%
Gross Rental Yield (Outside of Centre): 19.55%
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 1,221.43 $ 1,100.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,100.00 $ 1,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,750.00 $ 1,200.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 307.50 $ 200.00-415.00
Price per Square Feet to Buy Apartment Outside of Centre 115.00 $ 90.00-140.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,884.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.70 6.70-6.70

These data are based on 32 entries in the past 18 months from 10 different contributors.
Last update: September 2023

Sources and References
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