103 Luxury Apartments for rent in Savannah, GA

Last updated September 23 at 7:29PM
Royal Oaks
301 Noble Oaks Dr
Savannah, GA
Updated September 23 at 3:08PM
2 Bedrooms
$915
3 Bedrooms
Ask
125 E Broad Street
Downtown Savannah
Savannah, GA
Updated September 19 at 2:37AM
3 Bedrooms
$2,000
513 Kentucky Avenue
Gordonston
Savannah, GA
Updated September 23 at 3:28AM
4 Bedrooms
$1,450
112 E Harris Street
Downtown Savannah
Savannah, GA
Updated August 25 at 4:07AM
1 Bedroom
$1,350
14 Tulane Court
Savannah
Savannah, GA
Updated September 16 at 10:58AM
3 Bedrooms
$1,300
1335 Whitemarsh Way
Savannah
Savannah, GA
Updated September 23 at 6:41PM
3 Bedrooms
$1,395
106 Holcomb Steet
Savannah
Savannah, GA
Updated September 15 at 10:20AM
3 Bedrooms
$1,600
3 Gunpowder Court
Savannah
Savannah, GA
Updated September 22 at 2:43AM
3 Bedrooms
$1,350
8 Ibis Way
Savannah
Savannah, GA
Updated September 22 at 10:37AM
4 Bedrooms
$1,500
213 E 37th St
Thomas Square
Savannah, GA
Updated September 23 at 5:42PM
4 Bedrooms
$1,885
729 East Henry St.
Eastside
Savannah, GA
Updated September 21 at 12:52PM
3 Bedrooms
$2,800
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Rent Report
Savannah

September 2017 Savannah Rent Report

Welcome to the September 2017 Savannah Rent Report. In this report, we'll evaluate trends in the Savannah rental market, including comparisons to similar cities nationwide.

Savannah rents increase sharply over the past month

Savannah rents have increased 0.7% over the past month, and are up significantly by 4.3% in comparison to the same time last year. Currently, median rents in Savannah stand at $880 for a one-bedroom apartment and $1,010 for a two-bedroom. This is the eighth 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 3.5%, as well as the national average of 3.0%.

Savannah rents more affordable than many large cities nationwide

As rents have increased in Savannah, a few 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.

  • Rents also increased in other cities across the state, with Georgia as a whole logging rent growth of 3.5% over the past year.
  • Savannah's median two-bedroom rent of $1,010 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.3% increase in Savannah.
  • While Savannah's rents rose over the past year, the city of DC saw a decrease of 0.5%.
  • 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 more than 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.