Monarch At Godley Station
165 W Mulberry Blvd,
Savannah, GA 31407
1-2 Beds | $1,675 - $3,021
Rental Market Trends in Savannah, GA
What is the average rent in Savannah, GA?
$1,571/month
Average Rent
750 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of March 2025, the average rent in Savannah, GA is $1,571 per month. For comparison, the national average rent price in the US is currently $1,557/month, which means Savannah rent prices are 1% higher than the national average. When you rent an apartment in Savannah, you can expect to pay about $1,683 per month for a studio, $1,571 for a one-bedroom apartment, and around $1,735 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,988 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Savannah, GA?
In the past year, rent has increased by 0.7%, which averages out to $11 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Savannah, GA
Last Updated March 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
7%
$700 - $1,000/month
34%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Savannah?
Based on current rent prices, Wilshire Estates-Savannah Mall, Southside Savannah and Southwest Savannah are the most affordable neighborhoods in Savannah.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Savannah?
Based on current rent prices, Yamacraw Village, Dale Terrace-Olympus-Victory Square and Eastern Wharf are the most expensive neighborhoods in Savannah.
Neighborhood
Average Rent
Average Sq Ft
Which Savannah neighborhoods have the most rentals available?
The neighborhoods in Savannah with the most apartments available are Downtown Savannah, East Savannah and Midtown Savannah .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Savannah, GA?
Because the average rent in Savannah is $1,571, you’ll want to make about $5,236 per month or $62,832 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Savannah, GA is 6.8% lower than the national average. Generally, housing in Savannah is 22.0% less expensive than the national average, with rent falling between $1,571 - $1,988. You can expect to pay 2.3% more for groceries, 6.1% less for utilities, and 0.1% less for transportation.
How does Savannah, GA compare to other nearby cities and neighborhoods?
Use the tool below to compare Savannah, GA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,106/month
$1,104/month
One Bedroom
$1,262/month
$1,312/month
Two Bedroom
$1,498/month
$1,455/month
Three Bedroom
$1,706/month
$1,676/month
Apartment communities in Savannah we think you'll love
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Greystar
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Pegasus Residential
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Advanced Precision Group LLC
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65
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49
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MAA
-
289
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100,596
Units
-
115
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6 Communities in Savannah
West Shore
-
50
Communities
-
15,665
Units
-
32
Cities
5 Communities in Savannah
Friedlam Partners LLC
-
58
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-
10,941
Units
-
21
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5 Communities in Savannah
Cushman & Wakefield
-
564
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-
130,327
Units
-
288
Cities
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Methodology
† 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.
* Percentages may not total 100 due to rounding.