Riverworks
301 Passage Way,
Savannah, GA 31401
$1,875 - $3,555 | Studio - 2 Beds
Downtown Savannah is an iconic tourist destination on the Savannah River in southeast Georgia. This historic district is known for its cobblestone streets, green canopy of live oaks draped in Spanish moss, and majestic architecture. This neighborhood is ideal for those who dream of living in a town that exudes the best of Southern charm, culture, and hospitality. Downtown is lined with bustling cafes, restaurants, bars, pubs, and specialty shops that make this a one-stop-shop for food, nightlife, and shopping.
Downtown Savannah sits near Armstrong Atlantic University and the Savannah College of Art Design. With excellent schools and a thriving business district, Downtown Savannah is very popular for families, students, and professionals. Convenient to Interstates 16 and 95, downtown lies just 15 or so minutes from the beach at Tybee Island and approximately two hours from the resort city of Charleston, South Carolina. A blend of big-city amenities and a laid-back atmosphere await in this district. Because the city was built on various graveyards, residents have their own share of ghost sightings and stories to tell, which only adds to the unique atmosphere in the area. Rentals in downtown range from upscale, modern apartments to longstanding, historic homes.
As of March 2025, the average apartment rent in Downtown Savannah is $1,883 for a studio, $2,085 for one bedroom, $2,697 for two bedrooms, and $1,608 for three bedrooms. Apartment rent in Downtown Savannah has increased by 2.1% in the past year.
Studio
504 sq ft
Average Sq Ft
$1,883/month
Average Rent
1 BR
683 sq ft
Average Sq Ft
$2,085/month
Average Rent
2 BR
1,058 sq ft
Average Sq Ft
$2,697/month
Average Rent
3 BR
1,199 sq ft
Average Sq Ft
$1,608/month
Average Rent
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.