11 zip codes·Updated September 2026

Savannah rents and rental comps

The median asking rent across 11 Savannah zip codes is $1,847/month, down 3.9% from a year ago.

The tourism dollars are obvious. The long-term rental math is what most investors overlook. Short-term vs long-term strategy dramatically affects returns here, and the city has opinions about which one you pick.

Median Asking Rent

$1,847

Rent Change (YoY)

-3.9%

Avg Days on Market

Active Rental Listings

2,980

Median List Price

$359,000

Median Asking Rent Over Time

Average across 11 zip codes

12 months-5.1%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
31411	$3,800/mo	-18.3%	$1.52	42	20
31401	$2,199/mo	-0.0%	$2.21	43	560
31322	$2,000/mo	+0.3%	$1.46	31	430
31410	$1,941/mo	+8.1%	$1.64	26	94
31419	$1,788/mo	-3.4%	$1.38	31	332
31407	$1,732/mo	-0.5%	$1.41	30	677
31404	$1,681/mo	-5.3%	$1.63	51	224
31405	$1,650/mo	-2.9%	$1.57	25	364
31406	$1,500/mo	-3.2%	$1.45	42	148
31415	$1,500/mo	-9.1%	$1.57	30	94
31408	$1,300/mo	-8.1%	$1.42	46	37

Comps for any address in Savannah

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$1,360/mo	$2.60/sqft
1 Bedroom	$1,355/mo	$1.85/sqft
2 Bedroom	$1,575/mo	$1.51/sqft
3 Bedroom	$1,999/mo	$1.51/sqft
4 Bedroom	$2,450/mo	$1.34/sqft

Aggregated median across all Savannah zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
31411	$799,999	-5.8%	$304.54
31401	$699,000	0.0%	$424.24
31410	$445,000	-5.3%	$255.47
31405	$400,000	-14.3%	$214.71
31322	$369,000	-4.1%	$183.61
31406	$359,000	+4.1%	$219.71
31419	$334,900	-2.9%	$183.51
31407	$325,190	-5.9%	$180.72
31404	$325,000	+1.6%	$232.93
31408	$259,900	-5.5%	$190.47
31415	$196,000	+8.9%	$181.91

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,720/mo	$1,360/mo	-21%
1 Bedroom	$1,820/mo	$1,355/mo	-26%
2 Bedroom	$1,990/mo	$1,575/mo	-21%
3 Bedroom	$2,650/mo	$1,999/mo	-25%
4 Bedroom	$3,020/mo	$2,450/mo	-19%

HUD publishes Fair Market Rents once a year for the Savannah metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

Chatham County FMR page Section 8 vs market rent

About the Savannah rental market

The median asking rent across Savannah, GA sits at $1,847/month, pulled from active rental listings in 11 zip codes. That's down 3.9% from a year ago.

Rents aren't uniform across the city. ZIP 31411 tops the list at $3,800/month. ZIP 31408 comes in lowest at $1,300/month. That's a 192% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,575/month at the median. 1-bedrooms run about $1,355. 3-bedrooms come in around $1,999.

Listings take longer here. The average is 36 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Rent-to-price math is tight in Savannah. The gross figure sits at about 6.2% ($1,847/month against $359,000 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Savannah metro is $1,990/month. Asking rents come in about 7% below the federal benchmark, which can make Section 8 properties competitive here.

Savannah is a market where rental strategy matters as much as the rent estimate. The historic district drives major tourism, and short-term rentals can generate significantly more revenue than long-term leases in certain areas. The city has been tightening STR regulations though, so check before you commit. Hunter Army Airfield and nearby Fort Stewart provide military renter demand. The Victorian District and Ardsley Park are premium for long-term rentals. West Savannah and the Southside are cheaper. SCAD (Savannah College of Art and Design) adds a student renter population. Smaller market with a thinner tenant pool, but the fundamentals work if you pick the right strategy and the right location.

These numbers are city-wide averages. If you're pricing a specific property in Savannah, pull comps from the same zip code. The spread is usually bigger than people expect.