Savannah, GA
Georgia's most walkable city - historic district STR gem
Savannah's stunning historic district - 22 squares, antebellum mansions, and Spanish moss-draped streets - has made it one of the fastest-growing STR markets in the South. The city draws over 14 million visitors annually and has a strong arts, food, and design tourism profile. The Savannah College of Art and Design brings a creative economy that supports year-round demand even outside peak season.
4 active listings in Savannah currently rate Strong Buy
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Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose Savannah
Savannah STR investing, answered
Is Savannah, GA a good short-term rental market?
Savannah is a Southeast STR market averaging a 5.2% cap rate, 49% annual occupancy, and $371/night across STR-viable listings, based on 40 active listings. Savannah's stunning historic district - 22 squares, antebellum mansions, and Spanish moss-draped streets - has made it one of the fastest-growing STR markets in the South. The city draws over 14 million visitors annually and has a strong arts, food, and design tourism profile. The Savannah College of Art and Design brings a creative economy that supports year-round demand even outside peak season.
What is the average Airbnb occupancy rate in Savannah?
STR-viable properties in Savannah average about 49% occupancy across the year. Peak season is Mar (St. Patrick's Day), Apr-May, Sept-Nov. Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.
How much do short-term rentals earn in Savannah?
At $371/night and 49% occupancy, a typical Savannah STR grosses roughly $65,812 per year before expenses, leaving an estimated $39,487 in net operating income against a $1.3M average price, an implied 3.0% cap rate. Individual results depend on property, amenities, and management.
What types of properties work best for STR in Savannah?
The strongest-performing STR property types in Savannah are Historic Home, Rowhouse, Cottage, Condo. 14M+ annual visitors to the Historic District. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.
What is the median STR-viable home price in Savannah?
STR-viable listings in Savannah average around $1.3M. Primary STR ZIP codes include 31401, 31404, 31405. Combined with the market's 5.2% average cap rate, that price level sets the return baseline you'd underwrite against.
Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 40 active listings · last updated Sep 1, 2026
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