ZIP Code · GA

ZIP 31419

Part of Savannah, GA

Pop. 57,077·Chatham County·175th most expensive ZIP in Georgia

Median rent (all units)

$1,537/mo

Year-over-Year

-2.3%

Month-over-Month

-0.6%

vs US Median

-$395

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 31419 · $1,537

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,208

1 BR

$1,270

2 BR

$1,394

3 BR

$1,851

4 BR+

$2,114

Research median

$1,394/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 31419 usually run 0.7% below trend in January and 1% above it in August, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 31419 is 3.2% below its high of $1,587 in September 2024, at $1,537 as of September 2026.

Past year vs. the rest of Georgia

Rent in ZIP 31419 changed -2.3% over the year to September 2026. Across the 216 Georgia ZIP codes Zillow tracks, the typical change was +2.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 31419 rose 52.5% while median household income rose 21.8% ($57,181 to $69,635). Rent outpaced income.

Since before the pandemic

Rent in ZIP 31419 is 50% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 3 months in a row, and rose in 2 of the last 12 months.

What a typical income covers

30% of the median household income ($69,635) is $1,741 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,640); a 2-bedroom is $1,800.

Rank in Savannah

1st cheapest of 8 ZIP codes in Savannah.

From Zillow's monthly rent index (ZORI) for ZIP 31419. 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.

Annual cost

$18,444/yr

At $1,537/mo median

Location

CitySavannah

StateGA

CountyChatham County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 2.3% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-2.3% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 31419 (Savannah, GA) is majority owner-occupied, 36.8% of residents hold a bachelor's degree or higher.

Population

57,077

Median income

$69,635

Median age

36.5

Renters

43.8%

Age distribution

20.8%

27.6%

24.4%

15.7%

Under 1820.8%

18–3427.6%

35–5424.4%

55–6411.5%

65+15.7%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

41.3%

40.7%

White41.3%

Black40.7%

Hispanic12%

Asian3.7%

Other2.3%

Education (25+)

25%

31.1%

36.8%

No HS diploma7.2%

HS diploma25%

Some college31.1%

Bachelor's+36.8%

Housing tenure

56.2%

43.8%

Owner56.2%

Renter43.8%

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

2021 vs 2026

How ZIP 31419 in Savannah, GA has changed in 5 years

Rent

$1,119 → $1,537

up 37.4%

Income

$59,590 → $69,635

up 16.9%

Population

56,947 → 57,077

up 0.2%

Renter share

45.7% → 43.8%

-1.9 pts

Bachelor's+

34.7% → 36.8%

+2.1 pts

Median age

35.5 → 36.5

+1.0 yrs

Five years ago, renters in ZIP 31419 in Savannah, GA paid around $1,119 a month. That figure now sits near $1,537, up 37.4% from the 2021 baseline. Census figures show median household income at $69,635 today, compared with $59,590 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 45.7% to 43.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 34.7% to 36.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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About renting in ZIP 31419

Last updated: October 17, 2026

ZIP code 31419 covers Savannah, GA. The median rent here is $1,537/mo as of October 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,394/mo.

At 26% of local median household income ($69,635/yr), ZIP 31419 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 31419?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,537/mo in ZIP 31419. The local median household income is $69,635/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 31419?

Rent in ZIP 31419 has fallen 2.3% over the past year as of September 2026. It sits 3.2% below its high of $1,587 in September 2024.

When is the cheapest time to rent in ZIP 31419?

Asking rents in ZIP 31419 are usually lowest in January, about 0.7% below their yearly trend, and highest in August, about 1% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 31419?

Yes. From 2019 to 2024, rent in ZIP 31419 rose 52.5% while median household income rose 21.8%, from $57,181 to $69,635. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 31419 compare to other ZIPs in Georgia?

ZIP 31419 is one of the more affordable among Georgia ZIP codes for rent, ranking #175 of 234 at $1,537/mo. Over the year to September 2026, rent in ZIP 31419 changed -2.3%, against a typical +2.4% across the 216 Georgia ZIP codes Zillow tracks.