Last updated
Average Rent in Savannah 31404 & Rent Trends
Rent prices and market trends across 1 apartment community in Savannah 31404, Savannah GA. Updated daily.
Market Average
$1,631/mo
Lowest Available
$1,590/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
12
available now
Savannah 31404 vs Savannah GA Average
Savannah 31404 is cheaper the Savannah GA average by $284/mo (15%). The citywide average is $1,915/mo across all neighborhoods.
Is Rent Going Up or Down in Savannah 31404?
As of May 2026, the average rent in Savannah 31404 is $1,631 per month across 1 apartment community and 12 available units.
The most affordable option is The Ellis starting at $1,590/mo. By unit type, a studio averages $1,631/mo.
Prices range from $1,590 to $1,670 per month. The most common price point is the $1,600 range, where 9 units are currently listed.
Savannah 31404 Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Savannah 31404
Rent Prices by Apartment in Savannah 31404
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Ellis | $1,590/mo | $1,631/mo | 12 | 4.2 |
Google Search Trends for Savannah 31404 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Savannah 31404
What is the average rent in Savannah 31404?
Is rent going up or down in Savannah 31404?
What is the cheapest apartment in Savannah 31404?
How many apartments are available in Savannah 31404?
What salary do I need to live comfortably in Savannah 31404?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$65,000/year
30 percent rule -- using our average rent of $1,631/mo.
Comfortable income
$78,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,590/mo), you need to earn at least $64,000/year.
Median household income in Savannah 31404 is $56,782 , about 27% below the comfortable-living threshold.
Cost of living in Savannah 31404
Overall prices in Savannah 31404 runs below the national average by about 4% (BEA Regional Price Parity index 95.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Savannah 31404's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,631 |
| Utilities | $387 |
| Groceries | $520 |
| Transportation | $922 |
| Healthcare | $450 |
| Other goods and services | $720 |
| Estimated total | $4,629/mo |
Population
147,546
Median household income
$56,782
Census median rent
$1,302/mo
Rent as % of income
32.4%
Median age
33.7
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Savannah 31404 Apartments
Browse all 1 communities with daily-updated pricing and availability.