Savannah, Georgia Short-Term Rental Market Overview

Population: 144,000
Annual Visitors: 17,000,000
Total STRs: 4,131
ADR: $243.14

Visitor Profile

Savannah, Georgia, is a vibrant destination attracting approximately 14 million visitors annually, making it a significant player in the U.S. tourism market. The city’s charm, rich history, and Southern hospitality appeal to a diverse demographic, with a notable percentage of visitors aged 25-54. Families, couples, and solo travelers flock to Savannah for various reasons, including leisure, cultural exploration, and business. The tourism industry in Savannah generates an estimated economic impact of $3 billion, highlighting the importance of this sector to the local economy. With its unique blend of historic architecture, lush parks, and a thriving arts scene, Savannah continues to draw tourists year-round.

In analyzing Savannah visitor demographics, data reveals that the majority of tourists come from nearby states, particularly Florida, South Carolina, and Georgia itself. The primary reasons for visiting include exploring historic sites, enjoying culinary experiences, and participating in festivals. On average, visitors spend about 2-3 days in Savannah, with peak seasons occurring during spring and fall when the weather is most favorable. According to the tourism bureau (https://www.visitsavannah.com), the city sees a significant influx of visitors during events like the Savannah Music Festival and St. Patrick’s Day celebrations, which can lead to increased occupancy rates for short-term rentals. STR operators should note that the average daily rate (ADR) tends to rise during these peak periods, making it essential to optimize pricing strategies. Understanding these visitor patterns and demographics is crucial for businesses looking to thrive in Savannah’s competitive tourism landscape. For more insights, visit the official tourism site (https://www.visitsavannah.com).

Top Attractions

Savannah, Georgia, is a city steeped in history and charm, offering a delightful blend of Southern hospitality and rich cultural experiences. Visitors can stroll through the picturesque squares, where ancient oak trees draped in Spanish moss create a serene atmosphere. Among the must-see Savannah attractions are Forsyth Park, known for its iconic fountain and lush greenery, and the historic River Street, lined with shops and restaurants. The city’s vibrant art scene and well-preserved architecture promise a variety of experiences, making it an ideal destination for travelers seeking both relaxation and adventure. Whether you’re exploring the haunting tales of the past or enjoying the lively atmosphere, Savannah has something for everyone.

One of the top attractions in Savannah is the Savannah Historic District, a National Historic Landmark District that showcases stunning antebellum architecture and cobblestone streets. Visitors can immerse themselves in the city’s history while exploring its 22 historic squares. For a dose of nature, Forsyth Park is a 30-acre oasis featuring walking paths, gardens, and the famous Forsyth Fountain. Families will enjoy the Savannah Children’s Museum, which offers interactive exhibits and outdoor play areas. To learn more about Savannah’s rich history, the Telfair Museums, which include the Telfair Academy and the Owens-Thomas House, provide a glimpse into the city’s artistic heritage. For detailed information on attractions and planning your visit, the official Savannah visitor guide (https://www.visitsavannah.com) is an invaluable resource. Whether you’re a history buff, art lover, or outdoor enthusiast, Savannah things to do are abundant and varied, ensuring an unforgettable experience.

Regulations

Savannah short-term rental regulations are essential for property owners looking to operate legally in this vibrant city. To ensure compliance, owners must navigate specific licensing requirements, tax obligations, and zoning restrictions. In Savannah, short-term rentals are classified into two categories: owner-occupied and non-owner-occupied. Each type has distinct regulations, including the need for a Short-Term Rental Certificate. Property owners must also adhere to safety standards and local zoning laws that dictate where rentals can operate. Additionally, understanding tax implications, such as the local hotel-motel tax, is crucial for financial planning. For a comprehensive overview of these regulations, read on to learn more about what it takes to successfully manage a short-term rental in Savannah.

Key requirements for operating a short-term rental in Savannah include obtaining a Short-Term Rental Certificate from the City of Savannah. This certificate ensures that the property meets safety and zoning regulations. Owners must also collect and remit the local hotel-motel tax, which is currently set at 6%, and file returns on a monthly basis. Zoning restrictions vary by district, and it is vital to verify that your property is in an area where short-term rentals are permitted. Failure to comply with these regulations can result in penalties, including fines and potential revocation of the rental certificate. For more detailed information, visit the City of Savannah’s official website (https://www.savannahga.gov) and review the municipal code (https://library.municode.com/ga/savannah/codes/code_of_ordinances). Understanding these regulations will help property owners operate within the law and contribute positively to the local community.

Vacation Rental Market Overview for Savannah

Savannah attracts visitors with its outdoor recreation and natural beauty and urban amenities and entertainment. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Savannah, Georgia Market Performance Trends

LTM Avg. Daily Rate$245.00
LTM Occupancy Rate66.7%
LTM Avg. Revenue$4,215

Short-Term Rental Market Performance Analysis for Savannah

The short-term rental market in Savannah demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Savannah, Georgia Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:61% Booked
  • 4-6 Months:64.2% Booked
  • 7-9 Months:66.3% Booked
  • 10-12 Months:16.3% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Savannah

Savannah vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Savannah, Georgia Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Savannah

    The vacation rental market in Savannah features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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