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

 

Wilmington Island, GA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wilmington Island area can be challenging. Home prices in Wilmington Island are now at a median cost of $454,227, higher than the Georgia average of $324,634.

The average cost of rent is $1,815/mo in Wilmington Island, primarily driven by the current value of real estate in the Wilmington Island area. In Wilmington Island, 23.02% of households rent, and 33.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wilmington Island is $8,533 per month. Households that rent pay about 21.27% of their income on rent here. Wilmington Island’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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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