Metro FMR · CBSA 42340 · HUD FY2026

Savannah, GA MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Savannah, GA MSA metro area - 60% above the US average.

$1,533
1-bedroom FMR
$1,680
2-bedroom FMR
+7.1%
YoY change
+60%
vs US avg

The verdict

A 2-bedroom in the Savannah, GA MSA area rents at $1,680 under HUD's FY2026 Fair Market Rent - 43% above the US average, higher than 78% of the 387 metro areas HUD tracks.

#85
priciest of 387 US metros (2BR)
+43%
vs the US 2-bedroom average
$67,200
income to afford it (30% rule)
+7.1%
1BR change, FY2025→2026

Affordability & income context

Savannah: #85 priciest nationally · income context

At the metro's ACS median household income of $74,632, this 1-bedroom FMR takes 24.6% of annual income. It remains below the 30% affordability guide, but is a material part of a median-income household's budget.

The 2-bedroom figure places Savannah in the upper-rent quarter of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 406,575 residents, this is a mid-sized metro benchmark rather than a single-neighborhood rent quote.

Population grew 8.0% over the past five years (Census ACS) - among the faster-growing metros nationally, a trend that typically adds upward pressure on rents.

The ACS rental vacancy rate here is 6.8%, close to the range where market rents and HUD's FMR benchmark tend to track each other.

The Census ACS median gross rent across all rental units here is $1,370/month - the FY2026 HUD two-bedroom FMR of $1,680 runs 22.6% above that all-unit-types median. The two figures measure different things (ACS covers every rented unit; FMR targets a specific bedroom count), so a gap is expected, not an error.

Its 2-bedroom FMR sits in the upper-rent quarter of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 46.2% of the 61,040 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,455/mo

23.4% of median income

1 Bedroom

$1,533/mo

24.6% of median income

2 Bedroom

$1,680/mo

27.0% of median income

3 Bedroom

$2,235/mo

35.9% of median income

4 Bedroom

$2,547/mo

41.0% of median income

FMR filing desk

CBSA CBSA·42340

Savannah: $1,533/mo 1BR · #85 of 387 metros (2BR) · FY2026 CBSA 42340

  • CBSA 42340
  • 1BR-FMR $1,533
  • 2BR-FMR $1,680
  • RANK-MID #85
  • YOY-SURGE +7.1%
  • VSUS-HIGH +60%
  • IN-ST-HIGH #13 GA
  • INC-MID 25%
  • POP-MAJOR 407K
  • PHOTO-NEAR Albany
  • VOUCH-90-110 $1,380–$1,686
  • FY-2026 FY2026

Photo-finish peer: Albany ($527 1BR gap)

Read with: Understanding rent burden

Where Savannah sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,680 Top 22% higher than 78% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). Below this entry. $1,600–$1,800: 41 metro areas (11%). This entry sits in this band. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

What this shows #85 of 387 HUD-tracked metro areas, 43% above the national 2-bedroom average. 40 other metro areas fall in this same rent band.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

CBSA 42340

Counties inside Savannah

Across 3 HUD counties in CBSA 42340, 2-bedroom FMRs cluster tightly ($1,680–$1,680, 0% spread), so the metro-wide schedule tracks most constituent counties closely.

Chatham County 2BR $1,680 · 296K Effingham County 2BR $1,680 · 65K Bryan County 2BR $1,680 · 45K

Savannah studio–4BR schedule (FY2026) · 2BR #85 nationally

1BR $1,533 (+60% vs US, +7.1% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 42340.

Studio
$1,455
US avg $893
↑9.9% YoY +63% vs US
1 Bedroom
$1,533
US avg $959
↑7.1% YoY +60% vs US
2 Bedroom
$1,680
US avg $1,175
↑6.1% YoY +43% vs US
3 Bedroom
$2,235
US avg $1,525
↑4.9% YoY +47% vs US
4 Bedroom
$2,547
US avg $1,756
↑3.6% YoY +45% vs US

How Savannah compares on 1-bedroom rent

1-bedroom FMR vs other GA metro areas

1BR FMR / mo

What this shows Savannah highlighted among 5 peers · FY2026 1BR HUD FMR.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Savannah: out-of-state FMR & burden peers

PlainRent pairs Savannah with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside GA (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside GA

Nearest schedules by 2BR delta (FY2026).

Panama City
FL · 2 BR $1,682/mo
Fairbanks-College
AK · 2 BR $1,676/mo
Santa Fe
NM · 2 BR $1,685/mo
Vineland
NJ · 2 BR $1,673/mo

Burden % · outside GA

Nearest 2BR FMR ÷ ACS median income (FY2026).

Bridgeport-Stamford-Danbury
CT · 27% of income · 2 BR $2,511/mo
Palm Bay-Melbourne-Titusville
FL · 27% of income · 2 BR $1,709/mo
Crestview-Fort Walton Beach-Destin
FL · 27.1% of income · 2 BR $1,785/mo
Odessa
TX · 26.9% of income · 2 BR $1,595/mo

Savannah: quick answers

What is the average rent in the Savannah, GA MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Savannah, GA MSA is $1,533 per month. A 2-bedroom is $1,680 and a studio is $1,455.
How does Savannah, GA MSA rent compare to the national average? ▼
Rent in the Savannah, GA MSA metro area is 60% above the national average. A 1-bedroom costs $1,533 compared to $959 nationally.
Where does Savannah rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,680 ranks #85 most expensive among 387 US metro areas (the upper-rent quarter of HUD metro areas).
Do county rents differ inside the Savannah metro area? ▼
Yes. HUD assigns one metro-wide FMR for CBSA 42340, but 3 constituent counties publish their own county FMR schedules spanning $1,680–$1,680 for a 2-bedroom (0% spread). Use county pages for filing at the county level.
Is Savannah's population growing, and how tight is its rental market? ▼
Population grew 8.0% over the past five years (Census ACS) - among the faster-growing metros nationally, a trend that typically adds upward pressure on rents. The ACS rental vacancy rate here is 6.8%, close to the range where market rents and HUD's FMR benchmark tend to track each other.

Compare Savannah vs Albany →

What this means for renters

Treat Savannah's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,533 implies about $61,320/yr to rent without being cost-burdened. Run your numbers
  • See how Savannah stacks up against a comparable metro before assuming this figure applies elsewhere. Compare vs Albany
  • See where Savannah ranks nationally on rent. National rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. This is a metro-wide figure across 3 counties; actual asking rents in any specific county can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,533/mo · 1BR GA

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.