FY2027 Small Area FMR · Savannah, GA

ZIP 31401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 31401 (Savannah, GA) is $2,010 a month, up 1.0% from FY2026. That is 20% above the Savannah, GA area-wide FMR of $1,679.

2-bedroom SAFMR$2,010per month ▲ 1.0%

Area-wide 2 BR FMR$1,679Savannah, GA

Rank in the area4thof 32 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,809

2 BR Small Area FMR$2,010

110% of SAFMR$2,211

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,770▲ 2.9%

1 BR$1,850▲ 1.6%

2 BR$2,010▲ 1.0%

3 BR$2,620▼ 1.1%

4 BR$2,970▼ 1.7%

FY2027 FY2026

Where 31401 sits in the Savannah, GA area

Of the 32 ZIP codes HUD lists for the area, 31401 has the 4th highest two-bedroom Small Area FMR. Savannah, GA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,679 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,010 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,770	$1,593 – $1,947	$1,481	$1,720
1 bedroom	$1,850	$1,665 – $2,035	$1,542	$1,820
2 bedrooms	$2,010	$1,809 – $2,211	$1,679	$1,990
3 bedrooms	$2,620	$2,358 – $2,882	$2,185	$2,650
4 bedrooms	$2,970	$2,673 – $3,267	$2,484	$3,020

A household renting a two-bedroom home at the Small Area FMR of $2,010 needs about $80,400 a year to keep housing costs at 30% of income. The area median family income is $107,300 and the 80% low-income limit for four people is $85,850. ZIP code 31401 lies mainly in Chatham County. See the Savannah, GA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
31415	Savannah	2.0 mi	$1,520
31404	Savannah	2.8 mi	$1,530
31409	Savannah	5.2 mi	$1,650
31405	Savannah	5.8 mi	$1,620
31408	Savannah	6.3 mi	$1,520
31410	Savannah	6.5 mi	$2,050

Questions

What is the Fair Market Rent for ZIP code 31401?

HUD's FY2027 Small Area Fair Market Rents for 31401 are $1,770 (studio), $1,850 (1 BR), $2,010 (2 BR), $2,620 (3 BR) and $2,970 (4 BR) a month.

What is the Section 8 payment standard in 31401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 31401 that range is $1,809 to $2,211 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 31401?

The FY2026 income limits of the Savannah, GA area apply: median family income $107,300, low-income (80%) limit $85,850 for a family of four.