Savannah, Georgia, is a city renowned for its historic charm, Spanish moss-draped oaks, and vibrant cultural scene. Over the past few decades, the Savannah College of Art and Design (SCAD) has played a pivotal role in shaping the city’s identity and economy, transforming it into a thriving hub for creativity and innovation. With its flagship campus nestled in the heart of Savannah, SCAD has not only revitalized the city’s historic district but also significantly influenced the local rental market, creating unique opportunities for property owners and tenants alike. At Sid Was Here, we’ve seen firsthand how SCAD students and their families contribute to the dynamic rental landscape in Savannah.
SCAD’s Transformation of Savannah
Since its founding in 1978, SCAD has grown from a small art school to a global institution with over 16,000 students, including a significant international population. The university’s commitment to historic preservation has been a cornerstone of its impact on Savannah. By acquiring and restoring nearly 70 historic buildings, SCAD has breathed new life into structures that might have otherwise fallen into disrepair. These efforts have preserved Savannah’s architectural heritage while creating state-of-the-art facilities for students, from classrooms to residence halls.
SCAD’s presence has also boosted Savannah’s economy. The university claims to have generated over $3 billion for the city and attracted 14.5 million visitors through events like the Savannah Film Festival and Sidewalk Arts Festival. These events draw thousands of visitors annually, enhancing tourism and supporting local businesses. However, SCAD’s growth has not been without challenges. The university’s expansion has contributed to gentrification in neighborhoods like the Historic District, Starland, and Bingville, raising property values and taxes. While this has led to tensions with some long-term residents, it has also created a vibrant, walkable urban environment that appeals to students and visitors alike.
SCAD’s Impact on the Savannah Rental Market
SCAD’s growth has reshaped Savannah’s rental market, creating a high demand for housing that caters to students’ unique needs. With an average rent of $1,738 per month near SCAD, the market reflects the premium placed on proximity to campus and the Historic District’s charm. Students often seek apartments within walking distance of campus, prioritizing convenience and access to Savannah’s cultural amenities. The rise of student-oriented apartment complexes, such as The Helmsman, and the conversion of historic properties into rentals have made the area highly competitive for landlords.
At Sid Was Here, we specialize in connecting SCAD students with rentals that fit their lifestyle. Whether it’s a cozy studio in the Historic District or a shared apartment in the Starland District, our listings cater to students who value walkability and proximity to campus. For example, our properties like the 2-bedroom apartment at 509 E Harris Street offer the perfect blend of historic charm and modern convenience, just minutes from SCAD’s main campus. These rentals are ideal for students who want to immerse themselves in Savannah’s vibrant downtown while staying close to classes.
Why SCAD Students Are Exceptional Tenants
SCAD students are some of the best tenants in Savannah’s rental market, and here’s why:
- Reliability and Responsibility: As creative and driven individuals, SCAD students are often highly motivated and responsible. Many are on scholarships or supported by family, ensuring consistent rent payments. Their focus on academics and career preparation makes them respectful tenants who value their living spaces.
- Preference for Long-Term Rentals: SCAD students typically seek long-term leases, often 12 months or more, to maintain stability during their academic programs. This preference reduces turnover costs for landlords, making them a reliable tenant base. For instance, our 3-bedroom home at 1004 E 33rd St is a perfect fit for students looking for a spacious, long-term rental near campus.
- Love for Walkability: SCAD students prioritize walkability, favoring neighborhoods like the Historic District, Starland, and Ardsley Park. These areas offer easy access to SCAD buildings, Forsyth Park, and local hotspots like Foxy Loxy Café and Leopold’s Ice Cream. This demand for walkable rentals drives interest in properties listed on Sid Was Here, such as our 2-bedroom unit near Forsyth Park, which is just blocks from SCAD’s core campus.
- Respect for Historic Properties: Given their artistic backgrounds, SCAD students appreciate the charm of Savannah’s historic homes and apartments. They often take great care of these unique spaces, making them ideal tenants for landlords with properties in the Historic District.
The Role of Short-Term Rentals for SCAD Families
While SCAD students prefer long-term rentals, their families often opt for short-term vacation rentals (STVRs) when visiting. Savannah’s tourism boom, fueled in part by SCAD events, has increased demand for STVRs, particularly in the Historic District. The city defines STVRs as rentals of an entire dwelling unit for 30 days or less, and these are permitted in mixed-use zoning districts like the Downtown and Victorian districts. Families visiting for events like the Savannah Film Festival or graduation ceremonies seek convenient, high-quality accommodations near campus.
At Sid Was Here, we offer a range of short-term rental options perfect for SCAD families. Properties like our fully furnished 2-bedroom unit in the Historic District provide a comfortable home base for parents and siblings visiting their students. These rentals allow families to experience Savannah’s charm while staying close to campus, ensuring memorable visits without the hassle of hotel bookings.
Challenges and Opportunities in the Rental Market
SCAD’s expansion has created both opportunities and challenges for Savannah’s rental market. The high demand for student housing has led to a competitive market, with some students struggling to find affordable options. In 2024, SCAD students reported a “housing crisis,” with long waitlists for on-campus dorms and high off-campus rents, averaging $1,590 for a one-bedroom apartment. This has prompted some students to consider moving or sharing rentals to cut costs.
For landlords, this demand presents a lucrative opportunity. By listing with Sid Was Here, property owners can tap into a steady stream of SCAD students seeking quality rentals. Our team at Sid Was Here uses data-driven strategies to price rentals competitively, ensuring fast lease-ups and minimal vacancies. We also offer comprehensive property management services to help landlords maintain high occupancy and attract top-tier tenants like SCAD students.
Connect with Sid Was Here
Whether you’re a SCAD student searching for the perfect long-term rental or a family looking for a short-term stay to visit your student, Sid Was Here has you covered. Our team of experienced agents is dedicated to finding you a home that fits your needs, from walkable apartments in the Historic District to cozy short-term rentals for family visits. Explore our listings, like the stunning 3-bedroom home in the Isle of Hope area, and discover why SCAD students and their families trust us for their housing needs.
Ready to find your next home in Savannah? Reach out to one of our agents at Sid Was Here today, and let us help you navigate the vibrant Savannah rental market!
PHOTO SOURCE: https://www.scad.edu
