Savannah Fair Market Rent FY 2021 Savannah, GA MSA Rental Data

Fair Market Rent prices in Savannah are very high compared to the national average. This FMR area is more expensive than 91% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Savannah is $1,050 per month.

The previous year, rent for a two-bedroom home was $1,010 per month. This is a 3.96% 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 377,475 people based on latest Census data.

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

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.

50^th Percentile Rental Prices: