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 $424,818, higher than the Georgia average of $231,203.

The average cost of rent is $2,173/mo in St. Simons Island, primarily driven by the current value of real estate in the St. Simons Island area. While nearly 24.14% of residents own their homes outright in St. Simons Island, 2.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in St. Simons Island is $13,617 per month. Households that rent pay about 15.96% of their income on rent here. St. Simons Island's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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