Cheap Apartments for Rent in the Fernwood Parkwood Neighborhood of Savannah, GA from $900 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fernwood Parkwood area of Savannah.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-17, Page 1 of 1

Fernwood Parkwood, Savannah, GA Local Guide

Cheapest Available Fernwood Parkwood Apartments for Rent

 

The cheapest available apartment rental in the Fernwood Parkwood area of Savannah, GA is a Studio unit found at Stillwater Apartments priced from $995. Oaks at Victory has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Fernwood Parkwood apartments for rent in Savannah, GA:

Apartment ListingModel NameBed/BathPriced From
Stillwater ApartmentsStudio Apartment in StillwaterStudio,1BA$995
Oaks at Victory1 Bedroom, 1 Bath1BR,1BA$1,095
2800 Capital Square1x1 Standard - Call For Availability1BR,1BA$1,200
Red LionOne Bedroom One Bathroom1BR,1BA$1,249
Midtown at 56th ApartmentsTwo Bedroom Apartments on 56th Street2BR,1BA$1,250

Best Value Apartments for Rent in Fernwood Parkwood, GA

As of November 25, 2025 the best value apartment in the Fernwood Parkwood area is the $1.38 price per square foot 514 E Anderson St Model at 514 E Anderson St, Unit 514 E Anderson St in the in the Downtown Savannah neighborhood starting from $2,500. The second greatest value Fernwood Parkwood apartment is the B1 - The Monterey Model at Verde Vue Apartments starting at $1,835 with a $1.26 price per square foot in the Poplar Place neighborhood. Here is today’s list of the best values for Fernwood Parkwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
514 E Anderson St, Unit 514 E Anderson St514 E Anderson St3BR,2BA$1.38
Verde Vue ApartmentsB1 - The Monterey2BR,2BA$1.26
2319 E 42nd St, Unit 2319 E 42nd St2319 E 42nd St3BR,2BA$1.38
126 E 39th St126 E 39th St2BR,1BA$1.67
8000 Waters ApartmentsQuartz Renovated 2BR/2BA2BR,2BA$1.67
2509 Oak Forest Dr2509 Oak Forest Dr2BR,1BA$1.20
Retreat at Savannah2 Bedroom2BR,1.5BA$1.70
Midtown at 56th ApartmentsMidtown (upgraded)2BR,1BA$1.53
Oaks at Victory2 Bedroom, 2 Bath2BR,2BA$1.65
Red LionOne Bedroom One Bathroom1BR,1BA$1.56

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Fernwood Parkwood, Savannah, GA

Ranked #81

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Fernwood Parkwood Neighborhood in Savannah, GA

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fernwood Parkwood Apartments

What is a cheap apartment in Fernwood Parkwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fernwood Parkwood is under $1,405.

What is the price of a cheap apartment in Fernwood Parkwood?

The cheapest apartment in Fernwood Parkwood is Oaks at Victory which is listed at $1,095, while the average apartment in Fernwood Parkwood costs $2,995.

What types of apartments are the cheapest in Fernwood Parkwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Fernwood Parkwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fernwood Parkwood?

Cheap apartments in Fernwood Parkwood have an average cost of $298 which is $2,697 cheaper than the average rent for all rentals in Fernwood Parkwood.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.