Savannah's rental market offers strong returns for real estate investors. Let's examine the top neighborhoods where you can maximize your rental income with Frontflip's property analysis tools.
Historic District
The Historic District remains Savannah's prime rental location. Victorian homes and restored townhouses attract both long-term tenants and short-term vacation renters. Average monthly rents range from $1,800 for one-bedroom units to $3,500+ for larger historic homes.
Key investment benefits:
- Year-round rental demand from tourists and students
- Property value appreciation of 6-8% annually
- Options for both long-term and vacation rentals
Ardsley Park/Baldwin Park
These adjacent neighborhoods offer larger homes with yards - perfect for family rentals. The 1920s architecture and tree-lined streets maintain steady tenant interest. Monthly rents average $2,200-3,000.
Investment advantages:
- Strong demand from families and young professionals
- Lower purchase prices than Historic District
- Stable long-term appreciation
Midtown
Midtown attracts young professionals and medical workers due to its proximity to hospitals and downtown. Use Frontflip's rental analysis to identify properties with the best returns in this active market.
Key features:
- Mix of single-family homes and multi-unit properties
- Average rents: $1,500-2,500 monthly
- Growing commercial development increasing demand
Parkside
This neighborhood near Daffin Park offers affordable entry points for investors. Smaller homes and duplexes provide good cash flow opportunities. Monthly rents range from $1,300-2,000.
Investment benefits:
- Lower initial investment required
- Popular with students and young renters
- Potential for property value increases
Georgetown
Located in Savannah's southwestern section, Georgetown attracts families and military personnel. Newer construction homes offer lower maintenance costs for investors.
Key advantages:
- Steady military rental demand
- Average rents: $1,600-2,400
- Good school district attracting families
Wilmington Island
This coastal community combines beach access with suburban living. Properties here command premium rents from $2,000-3,500 monthly.
Investment highlights:
- Mix of vacation and long-term rentals
- Higher-end tenant pool
- Strong appreciation potential
Tips for Savannah Rental Investment
Property Types
Consider these popular rental options:
- Historic District: Multi-unit buildings, townhouses
- Suburban areas: Single-family homes, duplexes
- Coastal areas: Vacation rentals, luxury homes
Tenant Markets
Target these reliable tenant groups:
- Students (SCAD, Armstrong Campus)
- Military personnel (Hunter Army Airfield)
- Medical professionals (Memorial Health, St. Joseph's)
- Tourism industry workers
Investment Strategy
Follow these guidelines for success:
- Research zoning and historic district regulations
- Calculate renovation costs before purchase
- Consider property management costs
- Plan for seasonal rental fluctuations
Before making your investment decision, use Frontflip's analysis tools to compare potential returns across different Savannah neighborhoods. Our platform helps you identify properties with the strongest rental potential and highest ROI.