Safe Rate Local
Learn about the people, housing, costs and businesses in Savanna, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Savanna.
True all-in cost — P&I, taxes, insurance & utilities for homes in Savanna.
Find and compare lenders active near Savanna.
FEMA flood zones and flood insurance estimates for Savanna.
Seismic risk and earthquake insurance estimates for Savanna.
Wildfire exposure and insurance estimates for Savanna.
As of today, the 30-year fixed mortgage rate for Savanna is approximately 7.625% (7.800% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for SavannaThe median home value in Savanna is $74k. The median monthly rent is $835. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Savanna have increased 26.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $750/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Savanna is $50k/year.
Calculate your buying powerThe largest employment sectors in Savanna are retail (29%) and public administration (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.