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RentData.org Logo Savannah Fair Market Rent FY 2007 Savannah, GA MSA Rental Data

Fair Market Rent Prices in Savannah, GA :
$583 $631 $703 $933 $963
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Savannah are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Savannah is $703 per month.

The previous year, rent for a two-bedroom home was $676 per month. This is a 3.99% increase year-over-year.

This FMR rate applies to Pembroke, GA, Ellabell, GA, Bloomingdale, GA, Richmond Hill, GA and other cities within the region. The Metro Code or CBSA code for this region is METRO42340M42340.

Additionally, This Fair Market Rent (FMR) area Savannah, GA MSA spans one county or city in Georgia which is listed in the table below. Estimated population of Savannah, GA MSA FMR area is 23,417 people based on latest Census data.

Compared to the rest of Georgia, the Savannah FMR area is more expensive than 98% of the state.

Georgia Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Savannah. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Savannah

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 621
1-BR 1-Bedroom $ 675
2-BR 2-Bedroom $ 761
3-BR 3-Bedroom $ 1008
4-BR 4-Bedroom $ 1150
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Savannah, GA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Savannah.

County / Region Est. Population
Savannah, GA Metro 23,417
Zip Codes in Savannah, GA MSA

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

31302, 31308, 31321 and 31324

Lookup Fair Market Rent by Zip Code

What's Next?

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