Dothan Alabama Residential Rent and Rental Statistics
The median monthly gross residential rent in Dothan, AL (the Dothan metro area) was $727 in 2019 according to the Census ACS survey.1 Average gross rent in Dothan was $678 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 Dothan median and average rent data will be released in September of 2021.
Data is also available below for Dothan rental vacancy rates, Dothan rent as a percent of median income and the fraction of renters in Dothan.
Real Gross Rent in Dothan 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% |
| Dothan, AL Median Gross Rent | $727 | +3.41% | -2.15% |
Dothan, AL Real Gross Rent Trends
Median gross rent for Dothan peaked in real terms in 2016 at $743 and is now $16 (2.15%) lower. Average gross rent for Dothan peaked in real terms in 2016 at $717 and is now $39 (5.44%) lower.
Real Gross Rent in Dothan: Dothan AL Median, Dothan AL Average, Alabama Median, US Median
Real Gross Rent History for Dothan
| Date | US Median |
Alabama Median |
Dothan, AL Median |
Dothan, AL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $807 | $727 | $678 |
| 2018 | $1,077 | $802 | $703 | $629 |
| 2017 | $1,043 | $773 | $733 | $652 |
| 2016 | $1,027 | $778 | $743 | $717 |
| 2015 | $1,017 | $773 | $712 | $666 |
| 2014 | $986 | $757 | $706 | $660 |
| 2013 | $953 | $731 | $684 | $638 |
| 2012 | $940 | $733 | $660 | $640 |
| 2011 | $941 | $742 | $664 | $626 |
| 2010 | $955 | $745 | $682 | $607 |
| 2009 | $960 | $749 | $664 | $610 |
| 2007 | $927 | $706 | $673 | $613 |
| 2005 | $910 | $669 | $594 | $554 |
Dothan 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 Dothan Alabama was 10.69% according to Census ACS data.
Rental Vacancy Rate in Dothan Alabama
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Alabama | 9.69% | -0.37% | -0.65% |
| Dothan, AL | 10.69% | -2.46% | -2.52% |
Trends in Dothan, AL Rental Vacancy Rate
The rental vacancy rate in Dothan peaked in 2006 at 13.95%. Since then it has fallen by 3.26% to 10.69%. Data records for this series originated in 2005. From a 2011 post peak low of 3.97%, the rental vacancy rate has increased by 6.72%.
Rental Vacancy Rate: Dothan AL, Alabama, US
Historical Rental Vacancy Rate data for Dothan
| Date | US | Alabama | Dothan, AL |
|---|---|---|---|
| 2019 | 5.97% | 9.69% | 10.69% |
| 2018 | 6.15% | 10.06% | 13.15% |
| 2017 | 6.18% | 10.99% | 10.26% |
| 2016 | 5.89% | 10.34% | 13.21% |
| 2015 | 5.85% | 9.72% | 7.92% |
| 2014 | 6.32% | 10.37% | 12.24% |
| 2013 | 6.49% | 9.17% | 10.81% |
| 2012 | 6.77% | 7.79% | 6.71% |
| 2011 | 7.40% | 8.30% | 3.97% |
| 2010 | 8.17% | 9.64% | 5.73% |
| 2009 | 8.43% | 10.33% | 8.63% |
| 2007 | 7.87% | 9.25% | 13.14% |
| 2005 | 7.74% | 9.21% | 9.26% |
Rent as a Fraction of Income
Using median household income data for Dothan, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dothan, median monthly gross rent as a fraction of median household income was 17.44% in 2019 according to the ACS.
Dothan 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% |
| Dothan, AL | 17.44% | -0.92% | -3.32% |
Trends in Dothan, AL Rent as a Fraction of Income
The fraction of median Dothan household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 20.96%. Since then it has fallen by 3.52% to 17.44%.
Fraction of Income towards Rent: Dothan AL, Alabama, US
Historical Data for Annual Rent as a Fraction of Income in Dothan Alabama
| Date | US | Alabama | Dothan, AL |
|---|---|---|---|
| 2019 | 20.03% | 18.72% | 17.44% |
| 2018 | 20.50% | 18.96% | 18.36% |
| 2017 | 20.13% | 18.70% | 18.79% |
| 2016 | 20.43% | 19.27% | 20.76% |
| 2015 | 20.63% | 19.54% | 18.95% |
| 2014 | 20.89% | 20.09% | 20.96% |
| 2013 | 20.78% | 19.44% | 19.41% |
| 2012 | 20.65% | 19.89% | 19.77% |
| 2011 | 20.70% | 19.91% | 18.24% |
| 2010 | 20.50% | 19.78% | 18.95% |
| 2009 | 20.12% | 19.47% | 19.50% |
| 2007 | 18.66% | 17.78% | 18.78% |
| 2005 | 18.89% | 17.41% | 15.71% |
Renter Fraction in Dothan Alabama
You can calculate the renter fraction in Dothan 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 Dothan as a fraction of total Dothan households. In 2019 31.39% of households were renters according to Census ACS data.
Dothan 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% |
| Dothan, AL | 31.39% | +0.86% | +0.41% |
Trends in the Dothan, AL Renter Fraction
The Dothan household renter fraction peaked in in 2010 at 34.33% and is now 2.94% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Dothan AL, Alabama, US
History of Dothan Renter Fraction
| Date | US | Alabama | Dothan, AL |
|---|---|---|---|
| 2019 | 35.89% | 31.22% | 31.39% |
| 2018 | 36.05% | 31.96% | 30.53% |
| 2017 | 36.13% | 31.95% | 30.74% |
| 2016 | 36.88% | 31.55% | 30.98% |
| 2015 | 36.97% | 32.11% | 33.56% |
| 2014 | 36.90% | 32.32% | 31.61% |
| 2013 | 36.50% | 31.96% | 31.71% |
| 2012 | 36.09% | 31.25% | 31.48% |
| 2011 | 35.42% | 30.11% | 31.08% |
| 2010 | 34.65% | 29.88% | 34.33% |
| 2009 | 34.13% | 30.42% | 30.63% |
| 2007 | 32.80% | 29.10% | 27.02% |
| 2005 | 33.10% | 29.48% | 28.33% |
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. ↩
