What Savannah Homeowners Should Know About the Rental Market in 2025

If you’re a homeowner in Savannah or the surrounding area, you may be wondering if now is a good time to rent out your property. Recent data from Rentometer suggests that the rental market in Savannah has cooled compared to previous years, which could affect your decision.

In Savannah, the median rent for a single-family home is currently $2,200, down 1.6% from last year. Nearby Pooler saw a larger drop of 4.4%, while Richmond Hill only slipped slightly by 0.7%. This trend suggests that renters are pushing back against higher prices, and some landlords are adjusting to keep their properties occupied.

Across Georgia, the picture is mixed. Cities like Macon (+8.3%), Augusta (+7.0%), and Hinesville (+6.1%) are seeing strong rent growth, while Atlanta (-1.2%) and Statesboro (-2.8%) are experiencing slight declines. For homeowners in the Savannah area, this means rental demand may not be as strong locally as in some inland cities, but there is still a steady market.

Nationally, the median asking rent for three-bedroom single-family homes rose 1.7% to $2,135, but vacancy rates also increased to their highest level since 2016. This means renters have more options now than they did during the pandemic peak.

What this means for you as a homeowner: If you’re thinking about renting your home in Savannah, be prepared for slightly softer demand and more competition among landlords. Pricing your home competitively, keeping it in good condition, and offering flexible lease terms could help you attract tenants more quickly.

If you’d like to discuss renting vs. selling your home, give Home Buyers of Savannah a call at 912-513-8744 for a free consultation.

Data provided from Rentometer, a leading rental data provider that analyzes over 10 million rental records annually.