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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 $125,460, lower than the New York average of $610,895.
The average cost of rent is $1,035/mo in Savannah, primarily driven by the current value of real estate in the Savannah area. In Savannah, 17.47% of households rent, and 48.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Savannah is $5,503 per month. Households that rent pay about 18.80% of their income on rent here. Savannah’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Butler, NY: equally priced homes
- Willow Grove, NY: equally priced homes
- Spring Lake, NY: less expensive homes
- Butler Center, NY: less expensive homes
- Clyde, NY: less expensive homes
- Montezuma, NY: equally priced homes
- Port Byron, NY: equally priced homes
- Rose, NY: equally priced homes
- Marengo, NY: less expensive homes
- Tyre, NY: higher priced homes
Cities with Similar Populations
- Holloway, LA: higher priced homes
- Tetonia, ID: higher priced homes
- Terrell, NC: higher priced homes
- Tabor, IA: higher priced homes
- Swords Creek, VA: less expensive homes
- Sweet Water, AL: less expensive homes
- Sumner, IL: less expensive homes
- Sugar Valley, GA: higher priced homes
- Landen, OH: higher priced homes
- Hurley, NM: equally priced homes
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