Bartow County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Bartow County GA was $946 in 2019 according to the Census ACS survey.1 Average gross rent in Bartow County was $903 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 Bartow County median and average rent data will be released in September of 2021.
Data is also available below for Bartow County rental vacancy rates, Bartow County rent as a percent of median income and the fraction of renters in Bartow County.
Real Gross Rent in Bartow County Georgia (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Georgia Median Gross Rent | $1,049 | +2.24% | +7.37% |
Bartow County GA Median Gross Rent | $946 | +6.05% | +4.65% |
Bartow County GA Real Gross Rent Trends
Median gross rent for Bartow County peaked in real terms in 2005 at $964 and is now $18 (1.87%) lower. From a recent low of 771.0 in 2010, real median gross rent has now increased by $175 (22.70%). Average gross rent for Bartow County peaked in real terms in 2017 at $909 and is now $6 (0.66%) lower.
Real Gross Rent: Bartow County GA Median, Bartow County GA Average, Georgia Median, US Median
Real Gross Rent History for Bartow County
Date | US Median |
Georgia Median |
Bartow County GA Median |
Bartow County GA Average |
---|---|---|---|---|
2019 | $1,097 | $1,049 | $946 | $903 |
2018 | $1,077 | $1,026 | $892 | $824 |
2017 | $1,043 | $988 | $901 | $909 |
2016 | $1,027 | $977 | $904 | $836 |
2015 | $1,017 | $964 | $937 | $877 |
2014 | $986 | $931 | $867 | $891 |
2013 | $953 | $895 | $783 | $735 |
2012 | $940 | $890 | $890 | $874 |
2011 | $941 | $900 | $797 | $854 |
2010 | $955 | $915 | $771 | $792 |
2009 | $960 | $912 | $872 | $835 |
2007 | $927 | $902 | $865 | $853 |
2005 | $910 | $886 | $964 | $900 |
Bartow County 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 Bartow County Georgia was 8.09% according to Census ACS data.
Rental Vacancy Rate in Bartow County Georgia
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Georgia | 7.28% | +0.05% | +1.13% |
Bartow County GA | — | — | — |
Trends in Bartow County GA Rental Vacancy Rate
At 8.09%, Bartow County residential rental vacancy rate in 2018 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Bartow County GA, Georgia, US
Historical Rental Vacancy Rate data for Bartow County
Date | US | Georgia | Bartow County GA |
---|---|---|---|
2019 | 5.97% | 7.28% | — |
2018 | 6.15% | 7.23% | 8.09% |
2017 | 6.18% | 6.73% | — |
2016 | 5.89% | 6.15% | — |
2015 | 5.85% | 6.47% | — |
2014 | 6.32% | 8.17% | — |
2013 | 6.49% | 9.26% | 5.53% |
2012 | 6.77% | 9.53% | — |
2011 | 7.40% | 10.72% | — |
2010 | 8.17% | 11.72% | — |
2009 | 8.43% | 12.32% | — |
2007 | 7.87% | 10.54% | — |
2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Bartow County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bartow County, median monthly gross rent as a fraction of median household income was 18.95% in 2019 according to the ACS.
Bartow County Georgia Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Georgia | 20.31% | -0.28% | -0.59% |
Bartow County GA | 18.95% | +0.63% | -1.20% |
Trends in Bartow County GA Rent as a Fraction of Income
The fraction of median Bartow County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 21.75%. Since then it has fallen by 2.80% to 18.95%.
Fraction of Income towards Rent: Bartow County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Bartow County Georgia
Date | US | Georgia | Bartow County GA |
---|---|---|---|
2019 | 20.03% | 20.31% | 18.95% |
2018 | 20.50% | 20.59% | 18.32% |
2017 | 20.13% | 20.46% | 19.34% |
2016 | 20.43% | 20.90% | 20.15% |
2015 | 20.63% | 21.29% | 20.95% |
2014 | 20.89% | 21.46% | 18.35% |
2013 | 20.78% | 21.33% | 19.76% |
2012 | 20.65% | 21.28% | 21.75% |
2011 | 20.70% | 21.73% | 20.11% |
2010 | 20.50% | 21.17% | 19.33% |
2009 | 20.12% | 20.17% | 19.87% |
2007 | 18.66% | 18.76% | 19.03% |
2005 | 18.89% | 18.66% | 19.70% |
Renter Fraction in Bartow County Georgia
You can calculate the renter fraction in Bartow 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 Bartow County as a fraction of total Bartow County households. In 2019 30.66% of households were renters according to Census ACS data.
Bartow County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Georgia | 35.87% | -0.33% | -2.59% |
Bartow County GA | 30.66% | -2.22% | -10.24% |
Trends in the Bartow County GA Renter Fraction
The Bartow County household renter fraction peaked in in 2016 at 40.90% and is now 10.24% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Bartow County GA, Georgia, US
History of Bartow County Renter Fraction
Date | US | Georgia | Bartow County GA |
---|---|---|---|
2019 | 35.89% | 35.87% | 30.66% |
2018 | 36.05% | 36.20% | 32.88% |
2017 | 36.13% | 37.12% | 31.79% |
2016 | 36.88% | 38.46% | 40.90% |
2015 | 36.97% | 38.16% | 38.17% |
2014 | 36.90% | 37.77% | 33.05% |
2013 | 36.50% | 37.34% | 35.82% |
2012 | 36.09% | 36.35% | 37.14% |
2011 | 35.42% | 35.42% | 36.53% |
2010 | 34.65% | 33.83% | 29.13% |
2009 | 34.13% | 32.96% | 28.18% |
2007 | 32.80% | 31.46% | 26.14% |
2005 | 33.10% | 33.19% | 29.64% |
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. ↩