Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Savannah Fair Market Rent FY 2012 Savannah, GA MSA Rental Data

Fair Market Rent Prices in Savannah, GA :
$677 $733 $816 $1,083 $1,118
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 $816 per month.

The previous year, rent for a two-bedroom home was $805 per month. This is a 1.37% increase year-over-year.

This FMR rate applies to Meldrim, GA, Eden, GA, Newington, GA, Clyo, GA, Tybee Island, GA, Pembroke, GA, Ellabell, GA, Bloomingdale, GA, Springfield, GA, Guyton, 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 three counties or cities in Georgia which ares listed in the table below. Estimated population of Savannah, GA MSA FMR area is 293,000 people based on latest Census data.

Compared to the rest of Georgia, the Savannah FMR area is more expensive than 99% of the state.

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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 $ 715
1-BR 1-Bedroom $ 774
2-BR 2-Bedroom $ 862
3-BR 3-Bedroom $ 1144
4-BR 4-Bedroom $ 1181
Change Year:

The counties, cities, towns, and regions listed below fall into the Savannah, GA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Savannah.

County / Region Est. Population
Bryan County, GA Metro 23,417
Chatham County, GA Metro 232,048
Effingham County, GA Metro 37,535
Zip Codes in Savannah, GA MSA

There are 32 unique zip codes in this Fair Market Rent (FMR) area:

30446, 31302, 31303, 31307, 31308, 31312, 31318, 31321, 31322, 31324, 31326, 31328, 31329, 31401, 31402, 31403, 31404, 31405, 31406, 31407, 31408, 31409, 31410, 31411, 31412, 31414, 31415, 31416, 31418, 31419, 31420 and 31421

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