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Updated over 6 years ago,
Rental market in Savannah, GA
Hi there,
I'm looking for some feedback on the rental market in Savannah, GA. I'm interested to find out whether there's much demand, and if so, what areas and property types are in bigger demand? According to rentometer, 1 br rents for about $900 and 2 br for about $1100, is that about accurate? A quick search on Zillow shows that these numbers are a bit conservative, but I don't entirely trust the listings on Zillow.
From the employment perspective, looks like the port employs a bunch of people, and so does the Army airfield, which would both provide stability, and some demand for rental housing. Additionally, there looks to be a number of post secondary institutions, which would indicate demand from the student body.
I'm wondering if anyone has any experience with this rental market and can provide some comments, or just some general feedback on the above.
Thank you,
Vlad