The humidity hasn’t kept residents from moving into Savannah neighborhoods. The demand in nearby communities rose rent prices close to 11 percent in the last year.
Take a look at the Savannah neighborhoods where rent is increasing the most.
5. Pine Gardens
- Price increase over the past year: 5.71 percent
- Average rent for one-bedroom in Pine Gardens: $1,399
Pine Gardens offers plenty of opportunities to enjoy the outdoors. The nearby Wilmington River, which feeds off the Savannah River, has several boat tours that focus on the local wildlife and bird population. The Savannah Golf Course is down East President Street and next door, Eastside Park boasts a nice pool and recreation area.
The neighborhood has seen a significant increase in the past year with the average rent for a one-bedroom apartment hovering around $1,400.
Fun fact: Pine Garden’s neighborhood homes were built to house workers from the nearby Southeastern Shipbuilding shipyard during World War II.
4. West Chatham
- Price increase over the past year: 5.81 percent
- Average rent for one-bedroom in West Chatham: $986
The up-and-coming neighborhood of West Chatham has the best of both worlds: a quiet residential area with growing amenities while still remaining affordable. A one-bedroom costs $986 a month on average.
The Savannah neighborhood is an outdoor paradise for its retiree residents and families alike, with nearby nature preserves, lakes, walking trails and a country club.
Fun fact: West Chatham is home to two of the area’s growing 18-hole golf communities — Southbridge and Savannah Quarters.
- Price increase over the past year: 6.07 percent
- Average rent for one-bedroom in Southside: $882
One of the city’s lesser-known neighborhoods, Southside remains budget-friendly despite a rent price increase of 6.07 percent in the last year. Southside is about 20 minutes from the historic city center and convenient to the airport.
The neighborhood has easy access to the Vernon River and has three main shopping areas, including two malls with major retailers. The nearby Red Gate Campground offers biking trails, fishing lakes and a pool.
Fun fact: Founded in 1924, Byrd Cookie Company‘s owner used to hand-deliver baked goods to customers in his Model T Ford during its first years in business. Their Southside factory hosts tours along with a few samples of their family recipes.
2. Paradise Park
- Price increase over the past year: 8.87 percent
- Average rent for one-bedroom in Paradise Park: $1,052
The Paradise Park neighborhood grew next to the bank of the Vernon River and about 10 miles from the historic city center. The neighborhood takes the number two spot for greatest increase in rent prices, 8.87 percent in the last 12 months.
The Savannah suburb recently broke ground on a new full-service park for the community that will include a basketball court and playground.
Fun fact: The Wormsloe Historic site, less than 10 minutes away from the neighborhood, showcases 18th-century ruins of a colonial estate. Surrounded by large live oaks and Spanish moss, it’s the oldest standing structure in Savannah.
- Price increase over the past year: 10.82 percent
- Average rent for one-bedroom in Midtown: $1,534
The popular neighborhood of Midtown has seen a rent increase of 10.82 percent in the past year, putting its average rent at $1,534 for a one-bedroom apartment.
The residential community is nestled in a few quiet streets just a hop and skip from Savannah’s historic district. The old trees, ranch-style houses, several private schools and dining options like Mattie Belle’s Bakery and Donatos Pizza make this neighborhood alluring to young families.
Fun fact: One of Savannah’s most famous haunted houses, the Mercer-Williams House was the background for the literary classic “Midnight in the Garden of Good and Evil.”
We looked at all neighborhoods in Savannah with sufficient available inventory on Apartment Guide and Rent.com and compared the average price from August 2018 to August 2019 to find the neighborhoods with the highest percentage increase in one-bedroom apartment prices.
The current rent information included in this article is based on August 2019 multifamily rental property inventory on Apartment Guide and Rent.com and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.