Rents are 13% below what Savannah's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,712 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Savannah usually run 1.2% below trend in December and 1.2% above it in August, about $41 a month apart at today's median. Based on 11 years of data.
Rent in Savannah is 1.2% below its high of $1,733 in April 2025, at $1,712 as of September 2026.
Rent in Savannah changed -0.8% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
From 2019 to 2024, rent in Savannah rose 53.2% while median household income rose 31.9% ($43,307 to $57,137). Rent outpaced income.
Rent in Savannah is 47.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 5 of the last 12 months.
30% of the median household income ($57,137) is $1,428 a month. That covers HUD's Fair Market Rent for up to a studio ($1,329); a 1-bedroom is $1,435.
The priciest of 8 ZIP codes in Savannah, 31421 ($2,505/mo), costs 1.6 times the cheapest, 31419 ($1,537/mo).
From Zillow's monthly rent index (ZORI) for Savannah. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Savannah, GA is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 33.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Savannah, GA has changed in 5 years
Five years ago, renters in Savannah, GA paid around $1,233 a month. That figure now sits near $1,712, up 38.8% from the 2021 baseline. On the earnings side, the typical household in Savannah, GA now reports about $57,137, up from $49,832 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 30.5% to 33.3% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Savannah, GA reflects that arc in its own way.
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Can you afford rent in Savannah on your salary?
At $1,712/mo, how Savannah rent compares to typical pay (30% rule).
Savannah rent by bedroom count
Median rent for each apartment size in Savannah. Click any size for full breakdown.
Tips for renters in Savannah
Last updated: October 17, 2026
The median rent in Savannah is $1,712/mo as of October 2026. A studio apartment averages $1,329/mo while a 2-bedroom runs $1,593/mo. One-bedroom apartments average $1,435/mo and 3-bedroom units go for $2,145/mo.
At 36% of local median household income ($57,137/yr), Savannah ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.8% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Savannah?
At $1,712/mo, rent takes ~36% of Savannah's median household income ($57,137/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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