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Savannah

Learn about the people, housing, costs and businesses in Savannah

Median Home$314,564
Median Rent$1,569/month
Population418,285
Leading IndustriesInformation & Media · Finance & Insurance · Healthcare9% information & media
Home Value Growth⬆⬆⬆+27.5% over 2 years
Young Adults32% of residentsslightly above average
Homeowners62% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableVeteran Community10% of residents · top 12% nationally
Savannah

Frequently Asked Questions

What are today's mortgage rates in Savannah?

Mortgage rates for Savannah are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Savannah
What is the median home price in Savannah?

The median home value in Savannah is $315k. The median monthly rent is $1,569. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Savannah?

Home values in Savannah have increased 27.5% 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.

How much income do you need to buy a home in Savannah?

Based on a typical all-in ownership cost of $1,484/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Savannah is $82k/year.

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What industries drive the economy in Savannah?

The largest employment sectors in Savannah are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.