Housing market/Georgia/ZIP 31410

ACS 2023 · FY2027 SAFMR

ZIP 31410 Savannah, Georgia

Savannah, GA MSA · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
22,867
Households
9,471
Median HH income
$97,225
Renter share
21.5%
Median gross rent
$1,702
Vacancy
7.7%
Pop. change
-6.5%
2BR SAFMR
$2,050
SAFMR / rent
1.204×
2–49 unit stock
2,218
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 31410 · GA — sent to you.

ZIP 31410 · GA

ACS median rent$1,702
2BR SAFMR$2,050
90% floor$1,845
110% ceiling$2,255

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 31410

  • 1-unit detached7,46872.8%
  • 1-unit attached4394.3%
  • 2–4 units6966.8%
  • 5–49 units1,52214.8%
  • 50+ units1381.3%
TypeUnitsShare
1-unit detached7,46872.8%
1-unit attached4394.3%
2 units (duplex)1801.8%
3–4 units5165.0%
5–9 units7907.7%
10–19 units3663.6%
20–49 units3663.6%
50+ units1381.3%
Mobile00.0%

2–4 unit share 6.8% · 5–49 unit share 14.8% · combined 2–49 21.6%.

Units by bedrooms

Studio
127
1BR
545
2BR
1,909
3BR
5,143
4BR
2,077
5+
462

Rent burden

Rent ≥30% of income39.5%
Rent ≥50% of income14.2%
  • ACS median gross rent $1,702 (all bedrooms, occupied rentals).
  • Median contract rent $1,456.
  • Renters paying ≥30% of income 39.5%; ≥50% 14.2%.
  • FY2027 2BR SAFMR $2,050 (1.204× ACS median gross rent).

Population

22,867 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,728 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 31410 21.5% of occupied households are renters; vacancy is 7.7%; ACS median gross rent is $1,702; population changed -6.5% between the 2018 and 2023 ACS vintages; the housing stock includes 696 units in 2–4-unit structures and 1,522 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,050 versus ACS median gross rent of $1,702. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 31410?

ZIP 31410 (Savannah, GA MSA) has 22,867 residents, 9,471 households, a renter share of 21.5%, median household income of $97,225, and ACS 2023 median gross rent of $1,702. Vacancy is 7.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 31410?

ACS counts 180 units in 2-unit buildings, 516 in 3–4 unit buildings, 790 in 5–9, 366 in 10–19, and 366 in 20–49. Combined 2–49 unit stock is 2,218 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 31410?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,050. See the full schedule and 90–110% payment-standard band on the ZIP 31410 — Savannah, GA HUD Section 8 Payment Standards / SAFMR.