Downtown Savannah, Savannah, GA Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Savannah is $1,994, a 3.67% decrease compared to the previous year, when the average rent was $2,070.
Studio Apartments at $1,566 offer the most budget-friendly option with 436 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 664 square feet for $1,799, balancing privacy and affordability.
Two-beedroom units at $2,883 offer 1,022 square feet, perfect for roommates or small families.
Average rent in Downtown Savannah, Savannah, GA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,994 | 716 sq. ft. |
| Studio | $1,566 | 436 sq. ft. |
| 1 Bed | $1,799 | 664 sq. ft. |
| 2 Beds | $2,883 | 1,022 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Savannah, Savannah, GA rent trends
Rental prices in Downtown Savannah, Savannah, GA have decreased by 3.67% over the past year. The average rent moved from $2,070 to $1,994.
What's the typical rent budget in Downtown Savannah, Savannah, GA?
The largest share of rentals in Downtown Savannah, Savannah, GA (28%) fall between $1,001-$1,500 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?
885 or 67% of the households in Downtown Savannah, Savannah, GA are renter-occupied while 433 or 33% are owner-occupied.
Most affordable neighborhoods in Downtown Savannah?
West Savannah $1,087/month
Garden City $1,272/month
Oakhurst $1,291/month
All of these neighborhoods fall below the city wide average of $1,753/month.Most expensive neighborhoods in Downtown Savannah?
Downtown Savannah $1,994/month
Hitch Village - Fred Wessels Homes $2,633/month
Yamacraw Village $2,802/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 | $2,802 |
| Hitch Village - Fred Wessels Homes | $2,633 |
| Downtown Savannah | $1,994 |
| LePageville | $1,827 |
| Chatham Parkway | $1,681 |
| Teal Lake - Gateway Village - South Oaks - Canebreak | $1,652 |
| Godley Station | $1,650 |
| Victory Heights | $1,573 |
| Leeds Gate - Colonial Village - Hunters Chase | $1,554 |
| Wilshire Estates - Savannah Mall | $1,529 |
| Oakdale | $1,509 |
| White Bluff | $1,469 |
| Feiler Park - Hussars Terrace - Dittmerville | $1,450 |
| Benjamin Van Clark Park | $1,414 |
| The Village - Rio - Armstrong | $1,351 |
| Paradise Park | $1,317 |
| Oakhurst | $1,291 |
| Garden City | $1,272 |
| West Savannah | $1,087 |
Savannah | Rent Comparison by Neighborhood
Rent in Downtown Savannah is 41% higher than in Benjamin Van Clark Park
Downtown Savannah rent is the same as Savannah average
Benjamin Van Clark Park rent is 29% lower than Savannah average
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.