MARKET SNAPSHOT Savannah q3 2025

Market Overview

‍Savannah’s multifamily market is being defined by one theme in Q3 2025: demand is strong, but supply is stronger. The metro absorbed 1,254 units year to date, outpacing historical norms, yet average asking rent fell 1.7 percent to about $1,650 per unit and occupancy eased to 90.8 percent. Developers delivered roughly 3,100 units over the past 12 months, nearly double absorption, which is keeping conditions loose even as population and job growth tied to port expansion support a positive longer term outlook.

‍About MMG

‍MMG Real Estate Advisors is a multifamily focused research and advisory firm serving markets across the United States. Their Savannah Q3 2025 report provides detailed insights on rent levels, occupancy trends, absorption, new supply and pipeline activity, helping owners, developers and investors evaluate timing and strategy. To read the full report, click here.