Savannah, GA Rental Market Trends

Highlights

The average rent for an apartment in Savannah is $1,034, a 6% increase compared to the previous year, when the average rent was $979.

Average Rent in Savannah, GA

Last updated Feb 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,034 6% 967 sq. ft.

The average size for a Savannah, GA apartment is 967 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Savannah, GA Apartment Rent Ranges

  • < $5003%
  • $501-$7009%
  • $701-$1,00047%
  • $1,001-$1,50034%
  • $1,501-$2,0004%
  • > $2,0003%

Savannah, GA Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Savannah, GA $924 $941 $966 $957 $993 $979 $986 $985 $1,034
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Savannah, GA By Neighborhood

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The most affordable neighborhoods in Savannah are Savannah International Airport, where the average rent goes for $765/month, SPA Industrial Park, where renters pay $765/mo on average, and Hudson Hill - Bayview, where the average rent goes for $770/mo. If you’re looking for other great deals, check out the listings from Woodville - Bartow ($770), Carver Heights ($796), and Cloverdale ($796), where the asking prices are below the average Savannah rent of $1,034/mo.

The most expensive neighborhoods in Savannah are Thomas Square ($1,987), Victorian District ($1,987) and Yamacraw Village ($1,987).

Savannah | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Abercorn Heights - Lamara Heights - Ridgewood is the same as in Ardmore - Gould Estates - Olin Heights

$1,108

Abercorn Heights - Lamara Heights - Ridgewood rent is 7% higher than Savannah average

Average Rent $1,108
$1,108

Ardmore - Gould Estates - Olin Heights rent is 7% higher than Savannah average

Average Rent $1,108

How Does Savannah Compare to Nearby Cities

Average Rent Y-o-Y Change
Pooler $1,026 5%
Savannah $1,034 6%
Port Wentworth $1,146 7%
Thunderbolt $1,092 4%
Henderson $957 5%
Whitemarsh Island $1,200 3%
Wilmington Island $1,200 3%
Dutch Island $954 6%
Garden City $962 n/a

For more information about the Savannah rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Savannah apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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