Introduction
Savannah, Georgia, a city renowned for its historic charm and Southern hospitality, has emerged as a popular destination for short-term rentals, particularly through platforms like Airbnb. In this blog post, we will delve into the lucrative short-term rental market in Savannah, shedding light on key statistics, market dynamics, and the factors that make this coastal gem a sought-after destination for both tourists and property investors.
Market Overview
To understand the dynamics of the short-term rental market in Savannah, let’s delve into some key statistics and figures.
Supply
The most popular homes are 2-bedroom homes, comprising 28.46% of inventory. This is followed by 3 and 1-bedroom homes at 25.69% and 18.13% of the total inventory, respectively.
Homes Appreciation
AS of July 2025, according to Zillow, homes in Savannah experienced an appreciation of 4.58%. This data indicates a significant increase in property values.
Median Home Value
As of January of 2025, Homes in Savannah have depreciated by 4.58%. The median home value in Savannah is $321,500 as reported by Zillow. This figure highlights the city’s robust real estate market and the potential for long-term property appreciation.
Active Short Term Rentals
AS of July 2025, Savannah boasts a significant Airbnb rental market, with approximately 3,171 active rentals. This abundance of available properties provides ample opportunities for investors and homeowners looking to capitalize on the tourism demand.
Average Daily Rate
The median ADR for the market is $291. The Average Daily Rate is the highest for 5 bedroom homes ($439) followed by 4-bedrooms and 2 bedrooms at $408 and $367 respectively.
Occupancy Rate
Chalet data reveals an occupancy rate of 59% for Airbnb rentals in Savannah. This high demand ensures a consistent stream of income for property owners and investors.
How Profitable is Airbnb in Savannah ?
AS of July 2025, the average gross yield, which represents the annual income generated by a property as a percentage of its value, is 18.75% in Savannah. This figure suggests that short-term rentals in the city offer a favorable return on investment. Savannah is ranked #8 by return on investment on Airbnb rentals in the United States.
Annual Revenue
According to Chalet, short-term rentals in Savannah earn an average of $39,822 annually, highlighting the strong investment potential in the city’s market. You can evaluate your properties using our free Airbnb calculator.
Property Tax
According to SmartAsset, the average property tax in Savannah is 1.01%. This relatively moderate tax rate is an important consideration for those looking to invest in short-term rental properties.
