The Most Affordable Neighborhoods in St. Simons Island, GA by Home Value

 

St. Simons Island, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the St. Simons Island area can be challenging. Home prices in St. Simons Island are now at a median cost of $611,998, higher than the Georgia average of $324,634.

The average cost of rent is $2,714/mo in St. Simons Island, primarily driven by the current value of real estate in the St. Simons Island area. In St. Simons Island, 13.65% of households rent, and 40.61% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in St. Simons Island is $10,463 per month. Households that rent pay about 25.94% of their income on rent here. St. Simons Island’s most expensive areas are in the central 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.


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