Baldwin County Alabama Residential Rent and Rental Statistics
The median monthly gross residential rent in Baldwin County AL was $1,072 in 2019 according to the Census ACS survey.1 Average gross rent in Baldwin County was $945 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 Baldwin County median and average rent data will be released in September of 2021.
Data is also available below for Baldwin County rental vacancy rates, Baldwin County rent as a percent of median income and the fraction of renters in Baldwin County.
Real Gross Rent in Baldwin County 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% |
Baldwin County AL Median Gross Rent | $1,072 | -0.37% | +7.52% |
Baldwin County AL Real Gross Rent Trends
Median gross rent for Baldwin County peaked in real terms in 2018 at $1,076 and is now $4 (0.37%) lower. Average gross rent for Baldwin County peaked in real terms in 2018 at $959 and is now $14 (1.46%) lower.
Real Gross Rent: Baldwin County AL Median, Baldwin County AL Average, Alabama Median, US Median
Real Gross Rent History for Baldwin County
Date | US Median |
Alabama Median |
Baldwin County AL Median |
Baldwin County AL Average |
---|---|---|---|---|
2019 | $1,097 | $807 | $1,072 | $945 |
2018 | $1,077 | $802 | $1,076 | $959 |
2017 | $1,043 | $773 | $959 | $864 |
2016 | $1,027 | $778 | $997 | $899 |
2015 | $1,017 | $773 | $970 | $900 |
2014 | $986 | $757 | $905 | $819 |
2013 | $953 | $731 | $852 | $832 |
2012 | $940 | $733 | $945 | $934 |
2011 | $941 | $742 | $948 | $940 |
2010 | $955 | $745 | $930 | $952 |
2009 | $960 | $749 | $915 | $930 |
2007 | $927 | $706 | $919 | $817 |
2005 | $910 | $669 | $828 | $848 |
Baldwin County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Baldwin County Alabama was 51.10% according to Census ACS data.
Rental Vacancy Rate in Baldwin County Alabama
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Alabama | 9.69% | -0.37% | -0.65% |
Baldwin County AL | 51.10% | +6.86% | +9.22% |
Trends in Baldwin County AL Rental Vacancy Rate
At 51.10%, Baldwin County residential rental vacancy rate in 2019 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Baldwin County AL, Alabama, US
Historical Rental Vacancy Rate data for Baldwin County
Date | US | Alabama | Baldwin County AL |
---|---|---|---|
2019 | 5.97% | 9.69% | 51.10% |
2018 | 6.15% | 10.06% | 44.24% |
2017 | 6.18% | 10.99% | 49.19% |
2016 | 5.89% | 10.34% | 41.88% |
2015 | 5.85% | 9.72% | 42.99% |
2014 | 6.32% | 10.37% | 45.34% |
2013 | 6.49% | 9.17% | 35.07% |
2012 | 6.77% | 7.79% | 10.76% |
2011 | 7.40% | 8.30% | 23.78% |
2010 | 8.17% | 9.64% | 30.63% |
2009 | 8.43% | 10.33% | 19.74% |
2007 | 7.87% | 9.25% | 33.35% |
2005 | 7.74% | 9.21% | 25.74% |
Rent as a Fraction of Income
Using median household income data for Baldwin County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Baldwin County, median monthly gross rent as a fraction of median household income was 22.79% in 2019 according to the ACS.
Baldwin County 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% |
Baldwin County AL | 22.79% | +0.47% | +2.66% |
Trends in Baldwin County AL Rent as a Fraction of Income
Baldwin County renters paid 22.79% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Baldwin County AL, Alabama, US
Historical Data for Annual Rent as a Fraction of Income in Baldwin County Alabama
Date | US | Alabama | Baldwin County AL |
---|---|---|---|
2019 | 20.03% | 18.72% | 22.79% |
2018 | 20.50% | 18.96% | 22.33% |
2017 | 20.13% | 18.70% | 20.17% |
2016 | 20.43% | 19.27% | 20.14% |
2015 | 20.63% | 19.54% | 21.09% |
2014 | 20.89% | 20.09% | 21.22% |
2013 | 20.78% | 19.44% | 21.63% |
2012 | 20.65% | 19.89% | 22.03% |
2011 | 20.70% | 19.91% | 20.70% |
2010 | 20.50% | 19.78% | 21.02% |
2009 | 20.12% | 19.47% | 19.87% |
2007 | 18.66% | 17.78% | 19.10% |
2005 | 18.89% | 17.41% | 18.86% |
Renter Fraction in Baldwin County Alabama
You can calculate the renter fraction in Baldwin County 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 Baldwin County as a fraction of total Baldwin County households. In 2019 20.68% of households were renters according to Census ACS data.
Baldwin County 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% |
Baldwin County AL | 20.68% | -3.86% | -6.20% |
Trends in the Baldwin County AL Renter Fraction
The Baldwin County household renter fraction peaked in in 2012 at 32.68% and is now 12.00% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Baldwin County AL, Alabama, US
History of Baldwin County Renter Fraction
Date | US | Alabama | Baldwin County AL |
---|---|---|---|
2019 | 35.89% | 31.22% | 20.68% |
2018 | 36.05% | 31.96% | 24.54% |
2017 | 36.13% | 31.95% | 25.98% |
2016 | 36.88% | 31.55% | 26.88% |
2015 | 36.97% | 32.11% | 26.34% |
2014 | 36.90% | 32.32% | 27.56% |
2013 | 36.50% | 31.96% | 30.48% |
2012 | 36.09% | 31.25% | 32.68% |
2011 | 35.42% | 30.11% | 27.15% |
2010 | 34.65% | 29.88% | 28.24% |
2009 | 34.13% | 30.42% | 24.38% |
2007 | 32.80% | 29.10% | 22.50% |
2005 | 33.10% | 29.48% | 23.01% |
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. ↩