Rental markets / Savannah

ZIP 31405 fair market rent

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

3-bedroom gross-rent benchmark

$2,110 / month

-3.7% 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
$2,020
FY2026
$2,190
FY2027
$2,110

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$1,250$1,430$1,430
1 bedroom$1,350$1,510$1,490
2 bedrooms$1,500$1,650$1,620
3 bedrooms$2,020$2,190$2,110
4 bedrooms$2,330$2,500$2,400
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 31405
31405 This ZIP$2,110$0
31406$2,150+$40
31404$2,020-$90
31419$2,300+$190
31401$2,620+$510

Explore every ZIP in this HUD area

Rental housing in ZCTA 31405

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

Renter-occupied homes

7,274

47.9% of occupied homes are rented.

Rental home types

Single-unit houses
48.8%
Buildings with 2–4 units
18.2%
Buildings with 5+ units
25.5%
Other rental housing
7.5%

Rent as a share of income

55.4%

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

26.1% 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 homes7,274± 759
Renter share of occupied homes47.9%± 4.4 pp
Single-unit houses48.8%± 5.4 pp
Buildings with 2–4 units18.2%± 4.1 pp
Buildings with 5+ units25.5%± 3.9 pp
Other rental housing7.5%± 2.4 pp
Rent is 30% or more of income55.4%± 6.3 pp
Rent is 50% or more of income26.1%± 2.3 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

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Monthly rent to analyze: $1,960

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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.