10 Best Places to Buy Short-Term Rentals in Savannah (2026)

Savannah’s short-term rental market is defined by a sharp yield gradient, with the highest returns clustering west of downtown and the historic core. Across the city, gross yields range from 8.6% in Robert Hitch Village down to 4.7% in the South Historic District, while median entry prices span from just over $300K to nearly $1M.

Savannah’s 12.6% citywide gross yield sits in the 79th percentile nationally, and occupancy now averages 50%, a 10% jump from last year, while supply has tightened by 17%.

These numbers reflect a market where strong tourism demand and constrained inventory have pushed up both rates and occupancy, especially in neighborhoods with a blend of historic appeal and access to the city’s main attractions. The best opportunities now favor buyers who can navigate the city’s evolving regulatory landscape and underwrite against rising ADRs. Connect with a Savannah short-term rental agent to get property-level guidance.

The Best Savannah Neighborhoods for Airbnb, Ranked by Yield

Source note: Data as of July 11, 2026. Each listing’s annual revenue is calculated as ADR × occupancy × 365 on trailing 12-month data, gross before expenses. The table reports the median listing’s revenue, alongside median ADR and median occupancy, so multiplying ADR by occupancy will not reproduce the revenue figure.

Gross yield divides median revenue by the median home value (Zillow ZHVI). See methodology for full details. The active-operator revenue benchmark filters for listings with sustained booking activity, which is the appropriate underwriting baseline for buyers.

1. Robert Hitch Village: High ADRs and Fall Demand Drive the Top Yield

Price-conscious investors will notice Robert Hitch Village’s median home value of $571,700, which has slipped by 3.1% year-over-year, creating a slightly more accessible entry than last season. The area’s median gross yield clocks in at 8.6%, placing it just under the US median in the 47th percentile out of 501 tracked markets, but it compensates with a 52% occupancy rate that outpaces the national figure of 45%.

October marks the busiest month with a 62% occupancy and $370 ADR, while winter’s low in January drops to 38% occupancy, illustrating how fall’s festival energy drives 29% of annual revenue and underscores the neighborhood’s reliance on event-based demand.

Active operators here generate $48,476 annually on average, with a payback period of roughly 11.8 years, longer than many US markets, but balanced by a robust $364 ADR (well above the US median of $232). The majority of listings are three-bedroom homes, commanding $61,728 a year at a $452 ADR, which makes underwriting more predictable for those targeting group and family stays.

Recent momentum shows softening demand, as June 2026 occupancy fell 8% year-over-year even as ADR rose 15% and listings declined by 18%, a sign that while fewer properties are competing, travelers are paying more per night but booking less frequently.

Who it fits. Buyers seeking premium nightly rates and strong fall demand in a neighborhood with proven guest appeal.

2. Dixon Park: Spring Peaks and Steady Growth

Spring travel drives Dixon Park’s appeal, as occupancy climbs to 65% in March and ADR peaks at $280, together fueling 28% of annual revenue during this season. The neighborhood’s median home price of $636,900 has risen by 4.4% year-over-year, reflecting continued demand and positioning Dixon Park as one of Savannah’s rare areas with positive price momentum.

The area’s 7.8% gross yield sits at the 37th percentile, while occupancy outpaces the national median by three points, suggesting above-average guest draw despite higher property costs compared to the US median.

Active-operator revenue nearly matches the overall median at $48,800, indicating that most hosts here sustain consistent bookings rather than relying on a few outperformers. The payback requirement of 13.1 years is longer than many US markets, a direct result of elevated home values and a competitive market dynamic.

This is a market where underwriting must weigh robust spring and summer returns against the slower winter, when occupancy dips to 39% and revenue share falls to 24%. For more on how Dixon Park’s spring seasonality impacts returns, see the Dixon Park analytics page.

Who it fits. Investors prioritizing neighborhoods with upward home values and a strong spring rental season.

3. Midtown: Budget Entry with Strong Spring Occupancy

Price-sensitive buyers will find Midtown’s $302,700 median home value, down nearly 12% year-over-year, a compelling entry point for Savannah. The area’s spring surge is especially notable, with occupancy spiking to 77% in March and spring generating 32% of annual revenue, making it the most lucrative season for hosts. By contrast, December marks a clear slowdown, as occupancy falls to 39% and nightly demand softens.

Midtown’s 7.5% gross yield ranks at the 35th percentile, trailing the national median of 9.0%, but its 52% occupancy outpaces the US median of 45%. The payback period sits at about 13.5 years, which reflects both the relatively low home prices and the modest $153 ADR, well under the US median.

This combination means the market rewards hands-on operators who can capture peak spring demand and efficiently manage off-season lulls. For a detailed breakdown of Midtown’s seasonal swings, visit the Midtown analytics page.

Who it fits. Buyers seeking a lower-cost entry and high spring occupancy, willing to trade off for lower ADRs.

4. West Victorian District: Summer Strength and Historic Appeal

Summer travel fuels West Victorian District’s returns, as July occupancy hits 63% and summer alone generates 29% of annual revenue, well above the winter’s 22% share. This robust seasonal draw, paired with a $250 ADR that outpaces the US median, reflects the neighborhood’s enduring appeal for guests seeking walkable streets and historic architecture.

Compared to 501 US markets, the district’s 7.5% gross yield sits at the 34th percentile, trailing the national median, but its 52% occupancy rate stands notably higher than the US average of 45%.

Active full-time operators here see little revenue drop-off from the market headline, with $48,240 per year, signaling efficient management and steady demand. The 13.6-year payback period is competitive for a high-demand, historic area, especially as supply has tightened by 10% year over year, driving a 17% occupancy jump and 9% ADR gain in June 2026.

Investors should note the dominance of 1-bedroom listings, though 2-bedrooms command higher annual earnings at $34,754, suggesting room for strategic upgrades or acquisitions. For a closer look at property types and revenue distribution, the West Victorian District analytics page has the full breakdown.

Who it fits. Investors who value classic Savannah character and strong summer bookings, with a focus on small to mid-sized units.

5. East Victorian District: High ADRs, Lower Occupancy

Price trends in East Victorian District reveal a market where nightly rates command a premium, with a $260 ADR that stands well above the US median of $232. Occupancy here peaks in July at 58%, but dips sharply to just 26% in January, making summer and spring the most lucrative seasons with each contributing 27% of annual revenue. This pronounced seasonality means revenue potential hinges on maximizing bookings in the high-demand months, while winter softness limits annualized returns.

East Victorian’s gross yield of 7.3% falls in the 33rd percentile, trailing the national median of 9.0%, due to both its elevated home values (down 3.8% to $553,900) and softer occupancy rate (43% vs 45% US median). The payback period stretches to 13.9 years, so investors should weigh the lower risk of revenue volatility against the slower capital recovery.

The 1-bedroom is the dominant listing type, yet 3-bedrooms generate nearly triple the annual revenue, signaling that larger properties are better positioned to capitalize on group travel and justify the area’s premium rates. The East Victorian District analytics page details the full revenue mix.

Who it fits. Hosts who can outperform on occupancy and want to capture higher nightly rates in a historic setting.

6. Thomas Square: Consistent Occupancy and Winter Resilience

Revenue patterns in Thomas Square reflect a market where demand stays steady across the calendar, with occupancy peaking at 67% in March and holding at 45% in January, the winter trough.

Spring generates the largest share of annual revenue at 29%, but winter’s strong 27% share reveals a neighborhood that attracts guests well beyond the high season. This year-round draw helps explain why Thomas Square posts a 55% median occupancy rate, outpacing the US median of 45% and leading Savannah’s top neighborhoods.

Gross yield comes in at 7.0%, which puts Thomas Square in the lower third among 501 tracked US markets, but its $172 ADR trails the US median while occupancy stands well above it. The most common listing is a 1-bedroom, with 38 active units earning $21,433 annually at a $130 ADR, suggesting a stable, entry-level segment for investors.

With a payback period of 14.7 years, buyers face a longer path to recouping their investment, but the close match between headline and active-operator revenue signals that consistent, hands-on management can deliver reliable returns even as home values remain flat. More details are available on the Thomas Square analytics page.

Who it fits. Buyers who want year-round occupancy stability and a diverse seasonal revenue mix.

7. Metropolitan: Spring-Heavy Revenue and Rapid ADR Growth

Spring travelers drive Metropolitan’s performance, with 35% of annual revenue arriving in that season and July occupancy spiking to 69%, far above the winter trough of 23% in January. This pronounced seasonality means investors must plan for uneven monthly cash flow, but the market’s recent momentum is hard to overlook. June 2026 saw occupancy climb 8% year-over-year, while ADR surged 23% to $183, even as listings dropped 22%, creating a notable supply squeeze.

Metropolitan’s 6.9% gross yield sits in the 27th percentile of 501 tracked markets, trailing the national median of 9.0%. The 14.8-year payback period reflects both the area’s relatively high median home value ($470,500, down 7.7% YoY) and moderate annual revenues.

Most listings are 1-bedrooms (32 in total), but these smaller units earn just $10,656 per year at an $88 ADR, underperforming the median and suggesting that larger properties or those positioned for peak spring demand may offer stronger returns. For a full breakdown of Metropolitan’s spring-driven returns, see the Metropolitan analytics dashboard.

Who it fits. Investors seeking a lower home price and strong spring revenue, with upside from ADR growth.

8. Beach Institute: High ADRs and Spring-Summer Strength

Strong pricing power shapes Beach Institute’s appeal, with a $292 average daily rate that stands well above the US median of $232. Occupancy surges in March to 64% at a $319 ADR, while December’s 31% marks the low, highlighting a sharp seasonality that concentrates 30% of annual revenue in spring and 28% in summer. This revenue pattern reflects the neighborhood’s popularity during Savannah’s festival season and peak tourism months, when both demand and rates climb sharply.

With a gross yield of 6.5%, Beach Institute sits in the 22nd percentile among 501 US markets, trailing the national median of 9.0% but outperforming on occupancy, which averages 50% versus the US median of 45%. The payback period of 15.8 years signals a relatively slow path to recouping the median $616,900 home price, largely due to elevated property values and a recent 4.1% dip in home prices.

The close alignment between headline and active-operator revenues suggests most hosts are running at or near full potential, and the dominance of 2-bedroom listings ($31,000/yr) offers reliable income, while 3-bedrooms command premium rates and deliver the highest returns for those able to secure them.

Who it fits. Buyers targeting high nightly rates and strong spring/summer demand in a historic neighborhood.

9. North Historic District: Supply Squeeze and High Entry Costs

Rising prices and a sharp drop in available listings have reshaped North Historic District’s investment landscape over the past year. Occupancy surged 16% year-over-year in June 2026, while average daily rates climbed 18% to $286, both fueled by a 19% contraction in supply as full-time listings fell to 365.

October brings the highest occupancy at 60% and a $279 ADR, with spring generating 29% of annual revenue and fall close behind at 25%, reflecting strong demand during Savannah’s peak tourism months.

Compared to the broader US market, North Historic District’s 5.9% gross yield sits at the 18th percentile, below the national median of 9.0%, though occupancy rates slightly outpace the US median. Investors face a steep median home value of $768,285 and a lengthy 17.5-year payback period, making it essential to underwrite against the active-operator revenue of $43,861.

The dominance of two-bedroom properties aligns with the district’s historic housing stock, but four-bedroom homes stand out for their earning power, pulling in $67,017 a year at a $606 ADR. The constrained supply and robust seasonal demand help explain both the premium pricing and the competitive returns for well-positioned listings. Explore the North Historic District analytics for more on property mix and seasonality.

Who it fits. Buyers with capital for high entry costs who want to leverage tight supply and rising ADRs in the city’s historic heart.

10. South Historic District: High Prices, Steady Occupancy

Price dynamics set South Historic District apart, with its $971,800 median home value ranking as the highest in Savannah and contributing to a notably low 4.7% gross yield, placing it in just the 8th percentile among 501 US markets.

Despite this, occupancy remains robust at 52%, outpacing the US median of 45%, and the area’s $273 average daily rate sits well above the national median. March brings the most lucrative returns, with occupancy peaking at 67% and ADR reaching $287, while January’s occupancy slips to 38%, highlighting the district’s pronounced seasonality and spring’s 28% share of annual revenue.

Investors face a long payback horizon of 21.6 years, a direct result of premium property prices and moderate revenue growth. The market’s momentum is steady, with June 2026 occupancy unchanged from the prior year, ADR up 10%, and listings down 11%, reflecting stable demand amid tightening supply.

Most listings are 1-bedrooms earning $28,500 annually, but the highest returns go to 4-bedrooms, which can gross $94,200 per year at a $712 ADR, offering scale for those able to invest in larger properties. The South Historic District analytics page provides more on property-level returns.

Who it fits. Investors with significant capital, seeking steady occupancy in Savannah’s most prestigious district.

How to read these rankings before you buy

Gross yield is a blunt but powerful tool for comparing short-term rental markets, showing the relationship between annual rental revenue and property price. However, it does not account for expenses, taxes, or the impact of local regulations.

The headline revenue figure averages all listings, while the active-operator benchmark filters for properties with sustained booking activity, this is the more realistic baseline for underwriting. Seasonality, property size, and guest demand drivers can all impact actual returns, so buyers should always validate numbers at the property level before making an offer.

How to Act on This

Savannah’s short-term rental landscape is shaped by its strong tourism economy, historic charm, and a tightening supply of legal listings. Before buying, confirm the property is eligible for a Short-Term Vacation Rental (STVR) certificate, as required by the city.

Condominiums must have declarations that explicitly allow short-term rentals under the Georgia Condominium Act. The city assesses an 8% hotel/motel tax on short-term stays, which should be factored into your underwriting. Regulations are subject to change, so verify current rules with the city before closing.

Beyond compliance, focus on neighborhoods that match your investment goals, whether that’s high ADRs, steady occupancy, or historic appeal. Underwrite against active-operator revenue, not just the headline average, and be realistic about seasonality’s impact on cash flow.

In a market where supply is tightening and ADRs are rising, experienced local agents are invaluable for navigating both the regulatory process and the nuances of guest demand. Match with a Savannah STR agent for property-level guidance and to stay ahead of local changes.