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ZIP Code · GA

ZIP 31404

Part of Savannah, GA
Pop. 30,062·Chatham County·100th most expensive ZIP in Georgia
Median rent (all units)
$1,837/mo
Year-over-Year
+6.3%
Month-over-Month
+0.5%
vs US Median
-$128
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 31404 · $1,837
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,460
2 BR
$1,600
3 BR
$2,130
4 BR+
$2,430
Research median
$1,600/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
$22,044/yr
At $1,837/mo median
Location
StateGA
CountyChatham County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 31404 (Savannah, GA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 30% of residents hold a bachelor's degree or higher.

Population
30,062
Median income
$53,303
Median age
35.4
Renters
49.8%
Age distribution
18.9%
30.2%
20.8%
12.9%
17.2%
Under 1818.9%
18–3430.2%
35–5420.8%
55–6412.9%
65+17.2%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
30.9%
60.7%
White30.9%
Black60.7%
Hispanic4.2%
Asian1.6%
Other2.6%
Education (25+)
26.2%
32.7%
30%
No HS diploma11.1%
HS diploma26.2%
Some college32.7%
Bachelor's+30%
Housing tenure
50.2%
49.8%
Owner50.2%
Renter49.8%

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

2021 vs 2026

How ZIP 31404 in Savannah, GA has changed in 5 years

Rent
$1,095 → $1,837
up 67.8%
Income
$42,500 → $53,303
up 25.4%
Population
33,495 → 30,062
down 10.2%
Renter share
54.4% → 49.8%
-4.6 pts
Bachelor's+
24.2% → 30%
+5.8 pts
Median age
34.6 → 35.4
+0.8 yrs

Five years ago, renters in ZIP 31404 in Savannah, GA paid around $1,095 a month. That figure now sits near $1,837, up 67.8% from the 2021 baseline. Median household income climbed from $42,500 to $53,303 between 2021 and 2024, a 25.4% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 31404 in Savannah, GA losing about 3,433 residents over the five-year window, down 10.2% on net. The renter share has eased from 54.4% to 49.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.2% to 30% across the same window. Taken together, the five-year picture in ZIP 31404 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 31404

Last updated: July 20, 2026

ZIP code 31404 covers Savannah, GA. The median rent here is $1,837/mo as of July 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,600/mo.

At 41% of local median household income ($53,303/yr), ZIP 31404 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 31404?

As of July 20, 2026, the median monthly rent in ZIP 31404 (Savannah, GA) is $1,837. This is based on aggregated data from public sources and community submissions.

How does ZIP 31404 rent compare to the US average?

ZIP 31404's median rent of $1,837/mo is $128 (7%) below the US national median of $1,965/mo.

How does ZIP 31404 compare to other ZIPs in Georgia?

ZIP 31404 falls in the middle range for Georgia, ranking #100 out of 235 ZIPs at $1,837/mo.

How much income do you need to rent in ZIP 31404?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,837/mo in ZIP 31404. The local median household income is $53,303/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 31404?

Rent in ZIP 31404 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 31404 an affordable place to rent?

ZIP 31404 is considered stretched for renters. At $1,837/mo, rent takes approximately 41% of the local median household income ($53,303/yr). The standard benchmark is 30%. ZIP 31404 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 31404 residents rent vs. own?

According to Census data, approximately 49.8% of ZIP 31404 households are renters, while 50.2% are owner-occupied. ZIP 31404 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 31404 compare to the rest of Savannah?

ZIP 31404 is pricier than Savannah as a whole. At $1,837/mo, it's $30 above the Savannah citywide median of $1,807/mo.

When was rent data for ZIP 31404 last updated?

Rent data for ZIP 31404 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
41%
STRETCHED

At $1,837/mo, rent takes ~41% of ZIP 31404's median household income ($53,303/yr). The standard benchmark is 30%.

ZIP 31404 41%Benchmark 30%
State income tax4.99%
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Schools nearby

Public schools near ZIP 31404 (Savannah, GA)

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