Property Prices in Savannah, GA, United States

Index Info
Price to Income Ratio: 3.79
Mortgage as Percentage of Income: 29.54%
Loan Affordability Index: 3.39
Price to Rent Ratio - City Centre: 11.60
Price to Rent Ratio - Outside of Centre: 4.97
Gross Rental Yield (City Centre): 8.62%
Gross Rental Yield (Outside of Centre): 20.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,457.14 $ 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 980.00 $ 850.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,844.44 $ 1,500.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,443.75 $ 1,200.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 296.93 $ 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) 2,750.49 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.80 4.00-6.00

These data are based on 103 entries in the past 18 months from 28 different contributors.
Last update: December 2020

Sources and References
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