Downtown Savannah, Savannah, GA Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Savannah is $2,218, a 9.36% increase compared to the previous year, when the average rent was $2,028.
One-bedroom apartments provide 664 square feet for $2,069, balancing privacy and affordability.
Two-bedroom units at $2,988 offer 1,022 square feet, perfect for roommates or small families.
Average rent in Downtown Savannah, Savannah, GA
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,218 | 716 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,069 | 664 sq. ft. |
| 2 Beds | $2,988 | 1,022 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Savannah, Savannah, GA rent trends
Rental prices in Downtown Savannah, Savannah, GA have increased by 9.36% over the past year. The average rent moved from $2,028 to $2,218.
What's the typical rent budget in Downtown Savannah, Savannah, GA?
The largest share of rentals in Downtown Savannah, Savannah, GA (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Savannah, Savannah, GA?
817 or 64% of the households in Downtown Savannah, Savannah, GA are renter-occupied while 453 or 36% are owner-occupied.
Most affordable neighborhoods in Downtown Savannah?
West Savannah $1,096/month
Garden City $1,228/month
Paradise Park $1,292/month
All of these neighborhoods fall below the city wide average of $1,699/month.Most expensive neighborhoods in Downtown Savannah?
Hitch Village - Fred Wessels Homes $2,548/month
Hutchinson Island $2,605/month
Yamacraw Village $2,863/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Savannah, GA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Yamacraw Village | $2,863 |
| Hutchinson Island | $2,605 |
| Hitch Village - Fred Wessels Homes | $2,548 |
| Downtown Savannah | $2,218 |
| Abercorn Heights - Lamara Heights - Ridgewood | $2,108 |
| LePageville | $1,821 |
| Metropolitan | $1,770 |
| Chatham Parkway | $1,631 |
| Godley Station | $1,624 |
| Teal Lake - Gateway Village - South Oaks - Canebreak | $1,619 |
| Victory Heights | $1,525 |
| Oakdale | $1,515 |
| Leeds Gate - Colonial Village - Hunters Chase | $1,506 |
| Wilshire Estates - Savannah Mall | $1,496 |
| Benjamin Van Clark Park | $1,485 |
| White Bluff | $1,433 |
| Paradise Park | $1,292 |
| Garden City | $1,228 |
| West Savannah | $1,096 |
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Savannah | Rent Comparison by Neighborhood
Rent in Downtown Savannah is 5% higher than in Abercorn Heights - Lamara Heights - Ridgewood
$2,218
Downtown Savannah rent is the same as Savannah average
Average Rent
$2,218
$2,108
Abercorn Heights - Lamara Heights - Ridgewood rent is 5% lower than Savannah average
Average Rent
$2,108
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Savannah apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.