Monarch At Godley Station
165 W Mulberry Blvd,
Savannah, GA 31407
1-2 Beds | $1,605 - $2,510
Rental Market Trends in Savannah, GA
What is the average rent in Savannah, GA?
$1,550/month
Average Rent
750 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of December 2024, the average rent in Savannah, GA is $1,550 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Savannah rent prices are 1% lower than the national average. When you rent an apartment in Savannah, you can expect to pay about $1,672 per month for a studio, $1,550 for a one-bedroom apartment, and around $1,714 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,907 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 decreased by 0.5%, which averages out to $7 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Savannah, GA
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
8%
$700 - $1,000/month
34%
$1,001 - $1,500/month
40%
$1,501 - $2,000/month
16%
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, Southwest Savannah and Southside 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, Eastern Wharf, Hutchinson Island and Yamacraw Village 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, Historic 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 $1,550, you’ll want to make about $5,166 per month or $61,992 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.
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
$1,117/month
$2,017/month
One Bedroom
$1,205/month
$2,506/month
Two Bedroom
$1,466/month
$3,410/month
Three Bedroom
$1,709/month
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MAA
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282
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West Shore
-
50
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-
15,665
Units
-
32
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Friedlam Partners LLC
-
57
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10,819
Units
-
20
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Cushman & Wakefield
-
554
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137,054
Units
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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.