Rental property in Savannah, GA
2026 Market Data & Investment Analysis
Gross Yield
6%
Annual rent / price
Median Home Price
$280,000
As of 2026-Q1
Median Monthly Rent
$1,400
Per month
Population
147,780
+1% / yr (5y avg)
Estimates based on median market data. Actual returns depend on your specific property. Source: Redfin / Zillow / U.S. Census Bureau, 2026-Q1.
Calculate your rental yield in Savannah
Pre-filled with Savannah's median values. Adjust to match your specific property.
Property Details
Total acquisition cost before taxes
HOA, insurance, property management
% of time the property is empty
% of purchase price (e.g. 2% = 2)
Rule of thumb: 1% of purchase price/yr
Results
Gross Rental Yield
6.00%
Net Rental Yield
3.84%
Cap Rate
3.84%
Monthly Cash Flow
$896.67
Annual Cash Flow
$10,760.00
Savannah rental market at a glance
Median Home Price — 5-Year Trend
Median Monthly Rent — 5-Year Trend
Savannah provides solid rental yields of 6%, in line with healthy investment market benchmarks.
Modest population growth of 1% per year indicates a stable but slowly growing rental market.
The vacancy rate of 5.5% is healthy, indicating strong rental demand and limited downtime between tenants.
What type of investment market is Savannah?
Savannah presents challenges with both modest rental yields and limited population growth. Investors need to carefully analyze specific neighborhoods and property types to find opportunities that outperform the market average.
✓ Strengths
- •Lower entry prices may reduce downside risk
- •Select neighborhoods and value-add properties can outperform the average
! Risks
- •Below-average gross yield of 6% limits income potential
- •Limited population growth reduces long-term rental demand
- •Higher due diligence required to identify strong-performing assets
Key Metrics
How does Savannah compare to nearby cities?
Savannah vs Charleston: 0.9 percentage point difference in gross yield.
| City | Median Price | Median Rent | Gross Yield | Pop. Growth |
|---|---|---|---|---|
| Charleston, SC | $420,000 | $1,800 | 5.1% | +1.8% |
| Atlanta, GA | $350,000 | $1,750 | 6% | +1.6% |
| Charlotte, NC | $370,000 | $1,700 | 5.5% | +1.4% |
| Jacksonville, FL | $300,000 | $1,550 | 6.2% | +1.3% |
| Raleigh, NC | $390,000 | $1,750 | 5.4% | +2.1% |
Common questions about investing in Savannah
Is rental investing profitable in Savannah?▾
What is the average rental yield in Savannah?▾
How does Savannah compare to Charleston for investors?▾
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