Differences in Rent by Unit Type in Savannah - Savannah - 1

Compared to other cities in Georgia, Savannah has relatively high rental prices. The price structure by unit type is shaped differently than in other small cities due to the overlap of historical districts, tourism, and demand from nearby military bases. Let's take a look at the units from studio to three-bedroom.

Studios are typically around $1,180 per month, averaging about 500 square feet. They are often located near historical districts, providing good commuting and tourism convenience, but the cost per square foot tends to be higher than other units. This unit is mainly sought after by single professionals or graduate students.

One-bedroom units are around $1,380 per month, averaging about 740 square feet. They are about $200 more expensive than studios, but the completely separate bedroom is considered worth it for newlyweds or single-person households working from home. However, those on a tight budget may find this price range burdensome.

Two-bedroom units are around $1,680 per month, averaging about 1,050 square feet. This range is popular among roommates sharing costs and families with one child. It has been observed that families of military personnel working near Savannah tend to prefer this unit.

Three-bedroom units are around $2,000 per month, averaging about 1,320 square feet. They are mostly located in suburban areas with good school districts, providing a wide range of options for families, but it should be noted that commuting times increase the further you are from the historical district.

In terms of supply, one-bedroom units are the most abundant, and recent new constructions are primarily focused on one-bedroom and two-bedroom units. Three-bedroom units are relatively limited in supply, making them harder to find at the desired time.

Here's a summary of the rent by unit type:

  • Studio: $1,180 per month, about 500 square feet
  • One-bedroom: $1,380 per month, about 740 square feet
  • Two-bedroom: $1,680 per month, about 1,050 square feet
  • Three-bedroom: $2,000 per month, about 1,320 square feet

The difference between studios and one-bedrooms is $200, between one-bedrooms and two-bedrooms is $300, and between two-bedrooms and three-bedrooms is $320, indicating that as the number of rooms increases, the gap widens. This suggests that larger units in Savannah are in shorter supply, thus commanding a relative premium.

For Korean households, it is advantageous to weigh commuting distance and budget together. Studios or one-bedrooms near the historical district have good accessibility but high costs, while suburban two-bedrooms or three-bedrooms are relatively spacious but come with longer commuting times. It is recommended to first mark the locations of schools for children and workplaces on a map and then look for complexes in between.