Rental markets / Savannah

ZIP 31401 fair market rent

HUD rent benchmarks, FY2025–2027. Compare bedrooms and ZIPs.

3-bedroom gross-rent benchmark

$2,620 / month

-1.1% from FY2026

FY2027 · current · effective Oct 1, 2026

Includes tenant-paid basic utilities. HUD benchmarks are not asking rents or approved voucher payments.

Published HUD schedules

FY2025
$2,330
FY2026
$2,650
FY2027
$2,620

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$1,450$1,720$1,770
1 bedroom$1,560$1,820$1,850
2 bedrooms$1,730$1,990$2,010
3 bedrooms$2,330$2,650$2,620
4 bedrooms$2,690$3,020$2,970
Download rent table

Compare ZIP benchmarks

Other ZIPs in the same HUD area. These are rent comparisons, not property-specific comps.

Savannah, GA MSA · 3 bedrooms · FY2027
ZIP codeMonthly gross rentDifference from 31401
31401 This ZIP$2,620$0
31419$2,300-$320
31406$2,150-$470
31405$2,110-$510
31404$2,020-$600

Explore every ZIP in this HUD area

Rental housing in ZCTA 31401

2020–2024 ACS 5-year. Census ZCTAs approximate postal ZIP codes; their boundaries are not identical.

Renter-occupied homes

5,443

64.3% of occupied homes are rented.

Rental home types

Single-unit houses
23.6%
Buildings with 2–4 units
39.4%
Buildings with 5+ units
36.3%
Other rental housing
0.6%

Rent as a share of income

59.9%

Spend at least 30% of household income on gross rent.

41.3% spend at least half.

Estimates, margins of error & definitions

These are pooled 2020–2024 survey estimates, not current listing data. Single-unit houses include detached and attached homes. Rent-burden percentages exclude households for which the ratio could not be calculated.

90% margins of error. Percentage margins are in percentage points.
MeasureEstimateMargin of error
Renter-occupied homes5,443± 467
Renter share of occupied homes64.3%± 3.4 pp
Single-unit houses23.6%± 3.9 pp
Buildings with 2–4 units39.4%± 5.2 pp
Buildings with 5+ units36.3%± 3.5 pp
Other rental housing0.6%± 0.9 pp
Rent is 30% or more of income59.9%± 4.0 pp
Rent is 50% or more of income41.3%± 4.5 pp

U.S. Census Bureau, 2020–2024 ACS 5-year tables B25003, B25032 and B25070. Statistical guidance.

Download Census estimates & margins of error

Use this rent in a property analysis

Adjust for tenant-paid utilities or enter the rent you expect to collect.

Monthly rent to analyze: $2,470

Analyze a property with this rent

Utilities default to an editable $150/month. Only rent carries over; enter your price, financing and costs in the analyzer.

HUD sources, dates & coverage

HUD Small Area Fair Market Rents are monthly gross-rent benchmarks for postal ZIP codes. They include basic tenant-paid utilities, excluding phone, cable and internet. They do not determine an individual housing authority's payment standard, approved rent or a tenant's subsidy.

Savannah, GA MSA. FY2025 ZIP schedule (effective Oct 1, 2024; source file revised Apr 28, 2025) · FY2026 ZIP schedule (effective Oct 1, 2025; source file revised May 21, 2026) · FY2027 ZIP schedule (effective Oct 1, 2026).

HUD data checked Sep 22, 2026. Census context: 2020–2024 ACS 5-year. How Census ZCTAs differ from postal ZIP codes.