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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 $130,804, lower than the Tennessee average of $218,916.
The average cost of rent is $678/mo in Savannah, primarily driven by the current value of real estate in the Savannah area. While nearly 52.72% of residents own their homes outright in Savannah, 32.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Savannah is $3,952 per month. Households that rent pay about 17.15% of their income on rent here. Savannah's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Walkertown, TN: equally priced homes
- Crossroads, TN: less expensive homes
- Nixon, TN: less expensive homes
- Cerro Gordo, TN: higher priced homes
- Crump, TN: higher priced homes
- Morris Chapel, TN: equally priced homes
- Bethlehem, TN: equally priced homes
- Olivehill, TN: less expensive homes
- Adamsville, TN: less expensive homes
- Swift, TN: less expensive homes
Cities with Similar Populations
- Lakeland Village, CA: higher priced homes
- Sellersville, PA: higher priced homes
- Selinsgrove, PA: higher priced homes
- Scottsville, KY: equally priced homes
- Sault Ste. Marie, MI: less expensive homes
- Sarasota Springs, FL: higher priced homes
- Saraland, AL: higher priced homes
- Liberty Lake, WA: higher priced homes
- Leon Valley, TX: higher priced homes
- Laurel, DE: higher priced homes
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