Savannah Short-Term Rentals: Market Insights for Investors
From colonial architecture to the bustling River Street, Savannah short-term rentals are attractive for both investors and travelers. The city’s charm and events like the Savannah Music Festival draw steady visitor demand, making this market a hot spot for STR investing in Savannah.
Quick Takeaways
- Over 3,200 active vacation rentals in Savannah
- Average Daily Rate (ADR): $205
- Occupancy rate: 65% annually
- YOY revenue growth: 4.5% in 2024
- Most hosts average one cancellation per quarter
- Diversifying rental types boosts listing performance
Understanding Savannah’s STR Dynamics
Savannah remains one of the Southeast’s most resilient short-term rental markets, with stable occupancy and rising nightly rates. Blending historic ambiance with vibrant arts, investors see reliable income and repeat travelers, especially during festival season and around attractions like the Telfair Museums and Bonaventure Cemetery.
Regulations and Neighborhood Trends
Regulations around vacation rentals in Savannah vary by zone. Historic District and Starland see higher permit demand. Investors should research neighborhood rules and prioritize areas close to the city’s Forsyth Park or museums for increased visibility and bookings.
StaySTRa Analyzer
If you’re evaluating a specific property or narrowing your investment focus, the StaySTRa Analyzer lets you plug in an address and see actual STR performance data. It’s free to use and built for investors.
Seasonality and Revenue Nuances
High season runs from March through June, thanks to the Savannah Music Festival and mild weather. Properties near River Street and the Savannah College of Art & Design (SCAD) consistently outperform. Present your property professionally on Airbnb to capture more bookings.
Investment Tips for Success
Adapting to changing guest expectations is key. STR investing in Savannah favors updated interiors and hospitality-focused operations. Focus on responsive management, optimize listings, and keep up with trends for sustained success.
Explore deeper: Telfair Museums, Savannah Music Festival, Bonaventure Cemetery
Savannah short-term rentals offer proven potential—are you ready to invest smart?
