Average Rent in Savannah, GA↑ Rents rising 9.6% YoY🔺 2nd priciest in GA

Savannah, GA has rental prices ranging from $1,324/month to $2,459/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,431/month, near the national average. With a median household income of $74,632/year, spending $1,431/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.

How Savannah Compares

With an average 2-bedroom rent of $1,584/month, Savannah ranks #2 most expensive of the 114 cities tracked in Georgia — pricier than 94% of all US cities in our data.

The Savannah Rental Market

The Savannah, GA area has a population of about 412,089 and 39% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Savannah, GA have risen by $139/month (9.6%) over the past year, from $1,445 to $1,584. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Savannah, GA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $57,240. The local median household income of $74,632 exceeds that threshold by $17,392, making Savannah relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Savannah, GA is $328,355, giving a price-to-rent ratio of 17.3. With a break-even horizon of approximately 17 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Savannah's neighborhoods. Among the highest-value areas are West Savannah ($112,018 median home value), Carver Heights ($122,072 median home value), Jackson Park ($141,691 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Savannah, GA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Savannah?

Break-even analysis and mortgage estimates based on local market data.

Living in Savannah

Cost of living, job market, crime rates, and moving cost estimates.