59 Cheap Apartments for rent in Savannah, GA

Last updated November 20 at 2:50pm UTC
203 E Gwinnett St
Downtown Savannah
Savannah, GA
Updated November 16 at 12:35pm UTC
Studio
$825
1509 Stratford St
West Savannah
Savannah, GA
Updated November 4 at 1:10pm UTC
2 Bedrooms
$695
4419 Caroline Dr
LaRoche Park - Springhill - Daffin Heights
Savannah, GA
Updated November 17 at 2:32am UTC
2 Bedrooms
$695
5217 Habersham St
Abercorn Heights - Lamara Heights
Savannah, GA
Updated November 17 at 6:09pm UTC
1 Bedroom
$650
4400 Caroline Dr
LaRoche Park - Springhill - Daffin Heights
Savannah, GA
Updated November 17 at 2:32am UTC
2 Bedrooms
$695
122 W 36th St
Metropolitan
Savannah, GA
Updated November 19 at 10:20am UTC
Studio
$775
5340 La Roche Ave
Savannah
Savannah, GA
Updated November 16 at 12:36pm UTC
2 Bedrooms
$675
11010 Middleground Rd
Wilshire Estates - Savannah Mall
Savannah, GA
Updated November 16 at 12:21pm UTC
1 Bedroom
$695
1200 E Bolton St
Benjamin Van Clark Park
Savannah, GA
Updated November 20 at 9:33am UTC
2 Bedrooms
$650
10181a Ferguson
Savannah
Savannah, GA
Updated September 19 at 2:38am UTC
2 Bedrooms
$775
7 Southwood Drive
Savannah
Savannah, GA
Updated October 27 at 10:35am UTC
1 Bedroom
$650
6830 Skidaway Rd
Bacon Park Area - Sandfly
Savannah, GA
Updated November 17 at 2:32am UTC
2 Bedrooms
$750
1807 Ogeechee Road
Laurel Grove - Railroad Area
Savannah, GA
Updated November 16 at 1:36am UTC
1 Bedroom
$575
1612 Skidaway Road
Gordonston
Savannah, GA
Updated November 12 at 2:03am UTC
1 Bedroom
$800
2124 Clars Ave
Sunset Park
Savannah, GA
Updated November 17 at 2:32am UTC
2 Bedrooms
$625
3617 Duane Ct
Oakland Park - Northgate - Eastgate
Savannah, GA
Updated November 16 at 12:26pm UTC
2 Bedrooms
$695
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November 2017 Savannah Rent Report

Welcome to the November 2017 Savannah Rent Report. In this report, we'll evaluate trends in the Savannah rental market, including comparisons to cities throughout the state and nation.

View full Savannah Rent Report
Rent Report
Savannah

November 2017 Savannah Rent Report

Welcome to the November 2017 Savannah Rent Report. In this report, we'll evaluate trends in the Savannah rental market, including comparisons to cities throughout the state and nation.

Savannah rents increase sharply over the past month

Savannah rents have increased 0.9% over the past month, and are up significantly by 5.4% in comparison to the same time last year. Currently, median rents in Savannah stand at $890 for a one-bedroom apartment and $1,030 for a two-bedroom. This is the tenth straight month that the city has seen rent increases after a decline in December of last year. Savannah's year-over-year rent growth leads the state average of 3.4%, as well as the national average of 2.7%.

Rents rising across cities in Georgia

Throughout the past year, rent increases have been occurring not just in the city of Savannah, but across the entire state. Of the largest 10 cities that we have data for in Georgia, all of them have seen prices rise. The state as a whole logged rent growth of 3.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Alpharetta is the most expensive of all Georgia's major cities, with a median two-bedroom rent of $1,440; of the 10 largest Georgia cities that we have data for, all have seen rents rise year-over-year, with Athens experiencing the fastest growth (+7.2%).
  • Marietta, Savannah, and Roswell have all experienced year-over-year growth above the state average (6.3%, 5.4%, and 5.3%, respectively).

Savannah rents more affordable than many large cities nationwide

As rents have increased significantly in Savannah, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Savannah is still more affordable than most large cities across the country.

  • Savannah's median two-bedroom rent of $1,030 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 5.4% rise in Savannah.
  • While Savannah's rents rose significantly over the past year, many cities nationwide saw decreases, including DC (-0.6%), New York (-0.2%), and Miami (-0.2%).
  • Renters will find more reasonable prices in Savannah than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three times the price in Savannah.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.