Georgia

Savannah, GA Rental Market

Savannah is home to the largest single port complex in the United States by container volume and is one of the fastest-growing logistics and manufacturing markets in the Southeast. Gulfstream Aerospace — the world's leading manufacturer of large-cabin business jets — is Savannah's largest private employer. The combination of port-driven industrial employment, historic tourism, the Savannah College of Art and Design (SCAD), and Georgia Southern University supports diverse rental demand across all tenant profiles.

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Average Rent in Savannah, GA

$1,450

per month · 2026-06

+4.2% year-over-year

Market Score

7/10

Key Facts — Savannah, GA Rental Market

  • Average rent in Savannah, GA:$1,450/mo
  • Median rent:$1,334/mo
  • Rent range:$725 – $3,200/mo
  • Most common rental (2 bedrooms):$1,275/mo
  • Active listings:820
  • Avg days to lease:29 days
  • Year-over-year change:+4.2%
  • Median home value:$290,000
  • Est. gross annual yield:6.0%
  • Data as of:2026-06

Rent by Bedroom in Savannah, GA

Average monthly rent for each bedroom type based on current active listings in Savannah.

Bedroom TypeAvg Rent/mo
1 Bedroom
$1,050/mo
2 Bedrooms
$1,275/mo
3 Bedrooms
$1,625/mo
4 Bedrooms
$2,000/mo
5 Bedrooms
$2,300/mo

Savannah Rental Market Statistics

Key indicators from the current Savannah, GA rental market.

Active Listings

820

Available now in Savannah

Avg Days on Market

29

From list to lease

Rent per Sq Ft

$1.12

Average across listings

Avg Square Footage

1,300 sq ft

Typical rental size

Rent Range

$725 – $3,200

Min to max active listings

Year-over-Year Change

+4.2%

Avg rent vs. prior year

Investing in Savannah, GA Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$290,000

Typical purchase price in Savannah

Est. Gross Annual Yield

6.0%

Before expenses & vacancy

Avg Monthly Income

$1,450

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Savannah for a full cash-flow breakdown including all costs.

Savannah, GA Rental Market FAQ

Common questions about renting and investing in Savannah, GA.

What is the average rent in Savannah, GA?

The average rent in Savannah, GA is $1,450 per month as of 2026. One-bedroom apartments average $1,050/mo, two-bedrooms $1,275/mo, and three-bedroom homes $1,625/mo. The historic district and areas near SCAD command premiums, while south Savannah and Pooler offer more affordable options with strong employment access.

Is Savannah, GA a good place to invest in rental property?

Savannah offers a 6.0% estimated gross yield with 4.2% year-over-year rent growth — one of the stronger combinations in our GA coverage. The Port of Savannah's continued expansion, Gulfstream's planned facility growth, and ongoing population in-migration support a long-term positive outlook for landlords.

How does the Port of Savannah affect the rental market?

The Port of Savannah is the third-busiest container port in the United States and a top 10 port by total tonnage. The Georgia Ports Authority and its ecosystem of warehousing, logistics, and manufacturing employers create thousands of middle-income jobs with consistent rental demand. Port expansion projects have been drawing new companies — including electric vehicle manufacturers — to the Savannah region, accelerating population and rental demand growth.

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