Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,680$20,160 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Savannah, GA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Savannah, GA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,455 | $17,460 | $58,200 | $27.98/hr |
| 1-Bedroom Apartment | $1,533 | $18,396 | $61,320 | $29.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,680 | $20,160 | $67,200 | $32.31/hr |
| 3-Bedroom Home | $2,235 | $26,820 | $89,400 | $42.98/hr |
| 4-Bedroom Home | $2,547 | $30,564 | $101,880 | $48.98/hr |
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Georgia:
Frequently Asked Questions About Rent in Savannah, GA
What is the Fair Market Rent for a 2-bedroom in Savannah, GA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Savannah, GA is $1,680 per month ($20,160 per year).
What hourly wage is needed to afford rent in Savannah, GA?
To comfortably afford a 2-bedroom apartment at $1,680/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $32.31 per hour ($67,200/year).
What are the HUD Fair Market Rents by bedroom count in Savannah, GA?
Official 2026 HUD rents in Savannah, GA are: Studio: $1,455/mo, 1-Bedroom: $1,533/mo, 2-Bedroom: $1,680/mo, 3-Bedroom: $2,235/mo, and 4-Bedroom: $2,547/mo.
How do HUD Fair Market Rents compare to local incomes in Savannah, GA?
At the local Census ACS median household income of $57,137/year ($4,761/month), the benchmark 2-bedroom Fair Market Rent represents 35.3% of monthly income.
How is the 30% housing affordability standard calculated in Savannah, GA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,680/month, the required minimum annual gross income is calculated as ($1,680 × 12) ÷ 0.30 = $67,200 per year.