Anniston Alabama Residential Rent and Rental Statistics
The median monthly gross residential rent in Anniston, AL (the Anniston-Oxford metro area) was $769 in 2019 according to the Census ACS survey.1 Average gross rent in Anniston was $722 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Anniston median and average rent data will be released in September of 2021.
Data is also available below for Anniston rental vacancy rates, Anniston rent as a percent of median income and the fraction of renters in Anniston.
Real Gross Rent in Anniston Alabama (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Alabama Median Gross Rent | $807 | +0.62% | +3.73% |
| Anniston, AL Median Gross Rent | $769 | +1.72% | +16.34% |
Anniston, AL Real Gross Rent Trends
At $769, real median gross rent in Anniston was at its highest level in 2019 since the series began in 2005. Average gross rent for Anniston peaked in real terms in 2015 at $727 and is now $5 (0.69%) lower.
Real Gross Rent in Anniston: Anniston AL Median, Anniston AL Average, Alabama Median, US Median
Real Gross Rent History for Anniston
| Date | US Median |
Alabama Median |
Anniston, AL Median |
Anniston, AL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $807 | $769 | $722 |
| 2018 | $1,077 | $802 | $756 | $672 |
| 2017 | $1,043 | $773 | $652 | $583 |
| 2016 | $1,027 | $778 | $661 | $637 |
| 2015 | $1,017 | $773 | $754 | $727 |
| 2014 | $986 | $757 | $631 | $549 |
| 2013 | $953 | $731 | $620 | $522 |
| 2012 | $940 | $733 | $693 | $636 |
| 2011 | $941 | $742 | $693 | $643 |
| 2010 | $955 | $745 | $678 | $641 |
| 2009 | $960 | $749 | $639 | $578 |
| 2007 | $927 | $706 | $650 | $582 |
| 2005 | $910 | $669 | $664 | $615 |
Anniston Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Anniston Alabama was 7.33% according to Census ACS data.
Rental Vacancy Rate in Anniston Alabama
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Alabama | 9.69% | -0.37% | -0.65% |
| Anniston, AL | — | — | — |
Trends in Anniston, AL Rental Vacancy Rate
The rental vacancy rate in Anniston peaked in 2009 at 12.42%. Since then it has fallen by 5.09% to 7.33%. Data records for this series originated in 2005. From a 2014 post peak low of 1.23%, the rental vacancy rate has increased by 6.10%.
Rental Vacancy Rate: Anniston AL, Alabama, US
Historical Rental Vacancy Rate data for Anniston
| Date | US | Alabama | Anniston, AL |
|---|---|---|---|
| 2019 | 5.97% | 9.69% | — |
| 2018 | 6.15% | 10.06% | 7.33% |
| 2017 | 6.18% | 10.99% | 3.72% |
| 2016 | 5.89% | 10.34% | 6.65% |
| 2015 | 5.85% | 9.72% | 3.73% |
| 2014 | 6.32% | 10.37% | 1.23% |
| 2013 | 6.49% | 9.17% | 3.36% |
| 2012 | 6.77% | 7.79% | 6.63% |
| 2011 | 7.40% | 8.30% | 5.87% |
| 2010 | 8.17% | 9.64% | 3.60% |
| 2009 | 8.43% | 10.33% | 12.42% |
| 2007 | 7.87% | 9.25% | 4.19% |
| 2005 | 7.74% | 9.21% | 10.18% |
Rent as a Fraction of Income
Using median household income data for Anniston, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Anniston, median monthly gross rent as a fraction of median household income was 19.16% in 2019 according to the ACS.
Anniston Alabama Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Alabama | 18.72% | -0.25% | -0.56% |
| Anniston, AL | 19.16% | -0.30% | +1.00% |
Trends in Anniston, AL Rent as a Fraction of Income
The fraction of median Anniston household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 20.15%. Since then it has fallen by 0.99% to 19.16%.
Fraction of Income towards Rent: Anniston AL, Alabama, US
Historical Data for Annual Rent as a Fraction of Income in Anniston Alabama
| Date | US | Alabama | Anniston, AL |
|---|---|---|---|
| 2019 | 20.03% | 18.72% | 19.16% |
| 2018 | 20.50% | 18.96% | 19.46% |
| 2017 | 20.13% | 18.70% | 16.22% |
| 2016 | 20.43% | 19.27% | 18.16% |
| 2015 | 20.63% | 19.54% | 20.15% |
| 2014 | 20.89% | 20.09% | 17.32% |
| 2013 | 20.78% | 19.44% | 19.52% |
| 2012 | 20.65% | 19.89% | 19.94% |
| 2011 | 20.70% | 19.91% | 19.74% |
| 2010 | 20.50% | 19.78% | 19.86% |
| 2009 | 20.12% | 19.47% | 18.43% |
| 2007 | 18.66% | 17.78% | 17.90% |
| 2005 | 18.89% | 17.41% | 17.58% |
Renter Fraction in Anniston Alabama
You can calculate the renter fraction in Anniston in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Anniston as a fraction of total Anniston households. In 2019 29.48% of households were renters according to Census ACS data.
Anniston Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Alabama | 31.22% | -0.74% | -0.33% |
| Anniston, AL | 29.48% | -0.40% | -3.84% |
Trends in the Anniston, AL Renter Fraction
The Anniston household renter fraction peaked in in 2016 at 33.32% and is now 3.84% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Anniston AL, Alabama, US
History of Anniston Renter Fraction
| Date | US | Alabama | Anniston, AL |
|---|---|---|---|
| 2019 | 35.89% | 31.22% | 29.48% |
| 2018 | 36.05% | 31.96% | 29.88% |
| 2017 | 36.13% | 31.95% | 30.14% |
| 2016 | 36.88% | 31.55% | 33.32% |
| 2015 | 36.97% | 32.11% | 30.62% |
| 2014 | 36.90% | 32.32% | 31.19% |
| 2013 | 36.50% | 31.96% | 32.92% |
| 2012 | 36.09% | 31.25% | 31.60% |
| 2011 | 35.42% | 30.11% | 31.36% |
| 2010 | 34.65% | 29.88% | 32.53% |
| 2009 | 34.13% | 30.42% | 29.29% |
| 2007 | 32.80% | 29.10% | 29.28% |
| 2005 | 33.10% | 29.48% | 27.71% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
