Appreciation Investing in Savannah, GA

Appreciation Score: 3.3/10Ranked #34 of 52 markets

Data-driven appreciation analysis for Savannah, GA — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Appreciation Score:3.3
Population Growth(40%)
+6.5%5.3
Median Household Income(25%)
$69,5754.4
Low Vacancy(20%)
12.3%0.0
Metro Size (Demand)(15%)
298,1430.7

Key Metrics for Appreciation

Pop. Growth

+6.5%

Strong

Median Income

$69,575

Household income

Vacancy Rate

12.3%

Moderate supply

Population

298K

Metro demand indicator

Appreciation Investment Thesis

Savannah benefits from port expansion, tourism, and military presence at Fort Stewart. The short-term rental market adds upside for properties in the historic district.

How Savannah Compares

RankCityAppreciation ScoreCap RateMedian Price
#31Louisville, KY3.57.3%$195,000
#32Indianapolis, IN3.48.1%$175,000
#33Kansas City, MO3.37.5%$195,000
#34Savannah, GA3.35.9%$275,000
#35Pittsburgh, PA3.27.2%$180,000
#36Richmond, VA3.26.2%$280,000
#37San Francisco, CA3.22.8%$1,200,000

Showing markets ranked near Savannah for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,450/mo)$17,400
Less: Vacancy (12.3%)-$2,140
Less: Property Tax (1.05%)-$2,888
Less: Insurance (~0.5%)-$1,375
Less: Maintenance (~1.5%)-$4,125
Estimated NOI$6,872
Implied Cap Rate2.5%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the appreciation score for Savannah, GA?

Savannah, GA scores 3.3 out of 10 on our appreciation score, ranking #34 out of 52 markets we track. Weighted composite: population growth (40%), median household income (25%), low vacancy (20%), metro size/demand (15%). Scale 0–10.

Is Savannah a good city for appreciation investing?

Savannah, GA ranks #34 for appreciation investing with a score of 3.3/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Savannah?

The average cap rate in Savannah, GA is 5.9%. The median home price is $275,000 with a median monthly rent of $1,450, resulting in a rent-to-price ratio of 0.53%.

What are the property taxes in Savannah?

The effective property tax rate in Savannah, GA is 1.05%. On a $275,000 property, that translates to approximately $2,888 per year in property taxes.

How does Savannah compare to other appreciation markets?

Among our 52 tracked markets, Savannah, GA ranks #34 for appreciation investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

What is driving population growth in Savannah?

Savannah, GA has a 5-year population growth rate of +6.5% and a median household income of $69,575. Strong job growth and migration trends are fueling above-average population increases, which typically correlates with sustained home price appreciation.

Run Your Own Numbers for Savannah

Use our free calculators pre-filled with Savannah, GA market data, or adjust the numbers for your specific deal.

Cap Rate Calculator (Savannah Data)Cash-on-Cash Return CalculatorCap Rate CalculatorMortgage/DSCR Calculator

Savannah by Strategy

Cash Flow3.2BRRRR4.5House Hacking3.7Appreciation3.3

Market Data

Savannah Cap Rate DetailsAll Appreciation RankingsAll Georgia MarketsFull 52-City Data Table

Find Financing

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