Southeast5.2% avg cap rateLive · 40 active listings

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.

5.2%
Avg Cap Rate
Net operating income / price
49%
Avg Occupancy
Annual average
$371
Avg Nightly Rate
All property types
$1.3M
Avg List Price
STR-viable properties

4 active listings in Savannah currently rate Strong Buy

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Estimated Annual Performance

Gross rental revenue
49% occ × $371/night
$65,812
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $26,325
Est. net operating income
Before mortgage & depreciation
$39,487
At $1.3M avg price
Implied cap rate
3.0%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Savannah

14M+ annual visitors to the Historic District
SCAD drives year-round arts and design tourism
Historic district homes command strong listing premiums
St. Patrick's Day week rivals Mardi Gras in ADR impact
Peak season: Mar (St. Patrick's Day), Apr-May, Sept-Nov
Top property types: Historic Home, Rowhouse, Cottage, Condo
Primary zip: 31401, 31404, 31405, 31419

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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