Low Income Apartments and Affordable Housing For Rent in Savannah, GA

Discover affordable housing in Savannah where there are 56+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Savannah, Georgia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Savannah, Georgia
$20.12 (+277%) more than Georgia minimum wage and $20.12 (+277%) more than the Federal minimum wage.
Learn More About Savannah, Georgia Affordable Housing ↓

What HUD offices serve Savannah, Georgia?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Savannah, Georgia.

Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Savannah.

How many renters live in Savannah, Georgia?

The City of Savannah has people living in households.

There are renters living in renter households in this City. Renters make up 48.02 percent of the population living in Savannah.

What is the rental market like in Savannah, Georgia?

There are an estimated housing units in the Savannah area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Savannah, Georgia, there are 1.09 rental units.

What is the vacancy rate for rentals in Savannah?

The rental vacancy rate in Savannah is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Savannah for each bedroom size?

Occupied Rental Units by Size in Savannah
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,346 7,733 13,760 9,119 976
Occupied Rental Units by Size in Savannah

A large number of apartments in Savannah have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Savannah

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,191 to $2,306. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,191
One BR $1,287
Two BR $1,445
Three BR $1,967
Four BR $2,306
2024 Fair Market Rents in Savannah, Georgia

How many units are rented at Fair Market Rent (FMR) in Savannah?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 813 60 percent
One BR 4,337 56 percent
Two BR 8,309 60 percent
Rental Units Below FMR in Savannah, Georgia

How many affordable rental units are in Savannah?

There are a variety of federal affordable housing programs serving households in Savannah, Georgia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Savannah, Georgia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Savannah, Georgia

Savannah features 2,927 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Savannah, Georgia

There are 2,427 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Savannah.

Housing Choice Vouchers in Savannah, Georgia

On average, Section 8 Housing Choice vouchers pay Savannah landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Savannah.

The maximum amount a voucher would pay on behalf of a low-income tenant in Savannah, Georgia for a two-bedroom apartment is between $1,301 and $1,590.

Sourced from federal housing data and AffordableHousingOnline.com research.