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These days, finding an affordable place to live in the Savannah area can be challenging. Home prices in Savannah are now at a median cost of $147,369, lower than the Iowa average of $226,062.
The average cost of rent is $1,040/mo in Savannah, primarily driven by the current value of real estate in the Savannah area. In Savannah, 24.47% of households rent, and 44.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Savannah is $5,254 per month. Households that rent pay about 19.80% of their income on rent here. Savannah’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stiles, IA: less expensive homes
- Mark, IA: equally priced homes
- West Grove, IA: equally priced homes
- Monterey, IA: higher priced homes
- Lancaster, MO: equally priced homes
- Glenwood, MO: less expensive homes
- Pulaski, IA: less expensive homes
- Coatsville, MO: less expensive homes
- Downing, MO: higher priced homes
- Bloomfield, IA: higher priced homes
Cities with Similar Populations
- Gholsonville, VA: less expensive homes
- Stanley, PA: equally priced homes
- Stangelville, WI: higher priced homes
- Standard, CA: higher priced homes
- Staffordville, NJ: higher priced homes
- Stackhouse, NC: higher priced homes
- Spelter City, OK: equally priced homes
- Glenloch, GA: higher priced homes
- Glen Savage, PA: higher priced homes
- Glen Dean, KY: higher priced homes
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