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ZIP Code · GA

ZIP 31401

Part of Savannah, GA
Pop. 20,445·Chatham County·24th most expensive ZIP in Georgia
Median rent (all units)
$2,199/mo
Year-over-Year
+5.9%
Month-over-Month
+2.0%
vs US Median
+$234
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 31401 · $2,199
More expensive than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,820
2 BR
$1,990
3 BR
$2,650
4 BR+
$3,020
Research median
$1,990/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,388/yr
At $2,199/mo median
Location
StateGA
CountyChatham County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.9% YoY, +2.0% MoM), not inventory.
Demographics

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.

Population
20,445
Median income
$52,509
Median age
28.3
Renters
64.3%
Age distribution
15%
44.6%
18.2%
13.7%
Under 1815%
18–3444.6%
35–5418.2%
55–648.5%
65+13.7%
Gender
43.4%
56.6%
Male43.4%
Female56.6%
Race & ethnicity
54.2%
34.6%
White54.2%
Black34.6%
Hispanic6.7%
Asian4.3%
Education (25+)
17.5%
24.4%
49.3%
No HS diploma8.8%
HS diploma17.5%
Some college24.4%
Bachelor's+49.3%
Housing tenure
35.7%
64.3%
Owner35.7%
Renter64.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 31401 in Savannah, GA has changed in 5 years

Rent
$1,563 → $2,199
up 40.7%
Income
$46,294 → $52,509
up 13.4%
Population
19,833 → 20,445
up 3.1%
Renter share
65.8% → 64.3%
-1.5 pts
Bachelor's+
46.9% → 49.3%
+2.4 pts

Rent in ZIP 31401 in Savannah, GA has climbed 40.7% since 2021, going from about $1,563 per month to roughly $2,199 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 27.3 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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Local insights

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About renting in ZIP 31401

Last updated: July 20, 2026

ZIP code 31401 covers Savannah, GA. The median rent here is $2,199/mo as of July 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $1,990/mo.

At 50% of local median household income ($52,509/yr), ZIP 31401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 31401?

As of July 20, 2026, the median monthly rent in ZIP 31401 (Savannah, GA) is $2,199. This is based on aggregated data from public sources and community submissions.

How does ZIP 31401 rent compare to the US average?

ZIP 31401's median rent of $2,199/mo is $234 (12%) above the US national median of $1,965/mo.

How does ZIP 31401 compare to other ZIPs in Georgia?

ZIP 31401 is one of the pricier ZIP codes in Georgia, ranking #24 out of 235 ZIPs tracked at $2,199/mo.

How much income do you need to rent in ZIP 31401?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,199/mo in ZIP 31401. The local median household income is $52,509/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 31401?

Rent in ZIP 31401 has increased 5.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 31401 an affordable place to rent?

ZIP 31401 is considered stretched for renters. At $2,199/mo, rent takes approximately 50% of the local median household income ($52,509/yr). The standard benchmark is 30%. ZIP 31401 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 31401 residents rent vs. own?

According to Census data, approximately 64.3% of ZIP 31401 households are renters, while 35.7% are owner-occupied. With a majority renter population, ZIP 31401 has a strong rental market.

How does ZIP 31401 compare to the rest of Savannah?

ZIP 31401 is pricier than Savannah as a whole. At $2,199/mo, it's $392 above the Savannah citywide median of $1,807/mo.

When was rent data for ZIP 31401 last updated?

Rent data for ZIP 31401 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
50%
STRETCHED

At $2,199/mo, rent takes ~50% of ZIP 31401's median household income ($52,509/yr). The standard benchmark is 30%.

ZIP 31401 50%Benchmark 30%
State income tax4.99%
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Schools nearby

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