FairRentWize

Savannah Fair Market Rent 2026

HUD Fair Market Rent data for the Savannah metropolitan area. Median household income: $56,077/year. Vacancy rate: 8.5%.

2BR FMR

$966/mo

Median Income

$56,077

Vacancy Rate

8.5%

Rent Burden

20.7%

Fair Market Rent by Bedroom Size

Studio$638/mo
1 Bedroom$772/mo
2 Bedroom$966/mo
3 Bedroom$1,195/mo
4 Bedroom$1,403/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $56,077/year can afford up to $1,402/mo in rent.

The 2BR FMR of $966/mo represents 20.7% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 8.5% in Savannah indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.

Frequently Asked Questions

What is the average rent in Savannah?

The 2026 HUD FMR for a 2-bedroom in the Savannah metro area is $966/month. 1BR: $772, 3BR: $1,195.

What is the vacancy rate in Savannah?

The rental vacancy rate in Savannah is 8.5%. A rate below 5% typically indicates a tight rental market.

Is Savannah affordable for renters?

With a median income of $56,077 and 2BR rent at $966/mo, rent takes about 21% of income in Savannah.

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