States › Tennessee › Savannah

Is Savannah, TN expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,12136% lower than U.S. average
💵 Families earn per year (2026)$42,829about $3,569/month · 51% lower than U.S. average
🔑 House price$160,20052% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $44,840 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other Tennessee cities?

Yes. Rent here is cheaper than in most of Tennessee. It is number 40 of 114 cities from cheapest to most expensive.

Savannah
$1,121
Tellico Village
$1,112
South Cleveland
$889
La Follette
$714
Dayton
$1,489
Ripley
$842
Church Hill
$1,072

How much do households earn in Savannah?

Under $25k
33.6%
$25k–50k
26.0%
$50k–100k
26.0%
$100k–150k
5.5%
$150k+
4.2%

Share of households by yearly income. 9.6% of households earn $100,000 or more.

Rent by apartment size in Savannah

SizeSavannahU.S. average
1 bedroom$471$1,324
2 bedrooms$745$1,509
3 bedrooms$884$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Savannah overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Savannah, so the Tennessee figure is shown.

Taxes and bills in Savannah

🏛️ Property tax$730a year · 0.46% of home value · U.S. $3,119
⚡ Electric bill$157a month (typical) · U.S. $156

Life in Savannah

Commute to work24.3 minU.S.: 26.4 min
College degree12.6%U.S.: 35.7%
Own their home51.1%U.S.: 65.2%
Below poverty line29.8%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Savannah?

About the same. Renting and owning cost within $9 of each other each month.

Renting
$1,121
Owning
$1,112

Owning assumes a typical $160,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,020 for the down payment.

Frequently asked questions

What is the average rent in Savannah, TN?

Renting in Savannah costs a median of about $1,121 a month in 2026, including utilities. The Tennessee median is $1,279.

How much do I need to make to live in Savannah?

To keep rent under 30% of income, you need about $44,840 a year, or $22 an hour at a full-time job.

Is Savannah cheap or expensive?

Savannah is rated Expensive: rent takes 31.4% of the typical household income of $42,829. It ranks 40th cheapest of 114 Tennessee cities we track.

How much are property taxes in Savannah?

The median homeowner in Savannah pays $730 a year in property taxes, about 0.46% of the median home value.

Is Savannah more expensive than the national average?

Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Savannah?

The median home value in Savannah is $160,200, about 3.7 times the typical yearly household income.

7,412 people live in Savannah. Numbers are typical (middle) values.