The Most Affordable Neighborhoods in Tybee Island, GA by Home Value

 

Tybee Island, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tybee Island area can be challenging. Home prices in Tybee Island are now at a median cost of $516,235, higher than the Georgia average of $231,203.

The average cost of rent is $1,433/mo in Tybee Island, primarily driven by the current value of real estate in the Tybee Island area. While nearly 48.61% of residents own their homes outright in Tybee Island, 8.37% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tybee Island is $8,444 per month. Households that rent pay about 16.96% of their income on rent here. Tybee Island's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.


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