ZIP 31401
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 31401 usually run 1.8% below trend in December and 1.2% above it in May, about $60 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 31401 is 0.3% below its high of $2,000 in March 2026, at $1,994 as of September 2026.
Rent in ZIP 31401 changed +1.2% over the year to September 2026. Across the 216 Georgia ZIP codes Zillow tracks, the typical change was +2.4%.
From 2019 to 2024, rent in ZIP 31401 rose 50% while median household income rose 40.7% ($37,326 to $52,509). Rent outpaced income.
Rent in ZIP 31401 is 41.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($52,509) is $1,313 a month. That is less than HUD's Fair Market Rent for a studio ($1,720).
7th cheapest of 8 ZIP codes in Savannah.
ZIP 31415, 2 miles away, rents for 16% less ($1,681/mo), about $3,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 31401. 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.
Who lives here
ZIP 31401 (Savannah, GA) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 49.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 31401 in Savannah, GA has changed in 5 years
Rent in ZIP 31401 in Savannah, GA has climbed 35.9% since 2021, going from about $1,467 per month to roughly $1,994 today. Median household income grew from $46,294 to $52,509 between 2021 and 2024, a 13.4% shift. Rent outpaced income growth by roughly 22.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 19,833 to 20,445 between 2021 and 2024, a 3.1% change. About 64.3% of households rent today, against 65.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.9% to 49.3%. Taken together, the five-year picture in ZIP 31401 in Savannah, GA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 31401
Last updated: October 17, 2026
ZIP code 31401 covers Savannah, GA. The median rent here is $1,994/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $1,990/mo.
At 46% of local median household income ($52,509/yr), ZIP 31401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 31401 compare to other ZIPs in Georgia?
How does ZIP 31401 compare to the rest of Savannah?
At $1,994/mo, rent takes ~46% of ZIP 31401's median household income ($52,509/yr). The standard benchmark is 30%.
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