Clarke County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Clarke County GA was $849 in 2019 according to the Census ACS survey.1 Average gross rent in Clarke County was $902 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 Clarke County median and average rent data will be released in September of 2021.
Data is also available below for Clarke County rental vacancy rates, Clarke County rent as a percent of median income and the fraction of renters in Clarke County.
Real Gross Rent in Clarke 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% |
| Clarke County GA Median Gross Rent | $849 | -1.16% | +5.20% |
Clarke County GA Real Gross Rent Trends
Median gross rent for Clarke County peaked in real terms in 2017 at $870 and is now $21 (2.41%) lower. Average gross rent for Clarke County peaked in real terms in 2017 at $937 and is now $35 (3.74%) lower.
Real Gross Rent: Clarke County GA Median, Clarke County GA Average, Georgia Median, US Median
Real Gross Rent History for Clarke County
| Date | US Median |
Georgia Median |
Clarke County GA Median |
Clarke County GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $849 | $902 |
| 2018 | $1,077 | $1,026 | $859 | $901 |
| 2017 | $1,043 | $988 | $870 | $937 |
| 2016 | $1,027 | $977 | $807 | $830 |
| 2015 | $1,017 | $964 | $849 | $876 |
| 2014 | $986 | $931 | $850 | $878 |
| 2013 | $953 | $895 | $803 | $888 |
| 2012 | $940 | $890 | $805 | $815 |
| 2011 | $941 | $900 | $777 | $801 |
| 2010 | $955 | $915 | $834 | $869 |
| 2009 | $960 | $912 | $848 | $851 |
| 2007 | $927 | $902 | $826 | $826 |
| 2005 | $910 | $886 | $824 | $885 |
Clarke 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 Clarke County Georgia was 2.89% according to Census ACS data.
Rental Vacancy Rate in Clarke County Georgia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| Clarke County GA | — | — | — |
Trends in Clarke County GA Rental Vacancy Rate
The rental vacancy rate in Clarke County peaked in 2010 at 21.28%. Since then it has fallen by 18.39% to 2.89%. Data records for this series originated in 2005. From a 2016 post peak low of 2.38%, the rental vacancy rate has increased by 0.51%.
Rental Vacancy Rate: Clarke County GA, Georgia, US
Historical Rental Vacancy Rate data for Clarke County
| Date | US | Georgia | Clarke County GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | — |
| 2018 | 6.15% | 7.23% | 2.89% |
| 2017 | 6.18% | 6.73% | 7.36% |
| 2016 | 5.89% | 6.15% | 2.38% |
| 2015 | 5.85% | 6.47% | 5.67% |
| 2014 | 6.32% | 8.17% | 10.11% |
| 2013 | 6.49% | 9.26% | 7.67% |
| 2012 | 6.77% | 9.53% | 16.62% |
| 2011 | 7.40% | 10.72% | 19.12% |
| 2010 | 8.17% | 11.72% | 21.28% |
| 2009 | 8.43% | 12.32% | 18.96% |
| 2007 | 7.87% | 10.54% | 7.31% |
| 2005 | 7.74% | 11.53% | 11.69% |
Rent as a Fraction of Income
Using median household income data for Clarke County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clarke County, median monthly gross rent as a fraction of median household income was 25.60% in 2019 according to the ACS.
Clarke 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% |
| Clarke County GA | 25.60% | +1.62% | -0.84% |
Trends in Clarke County GA Rent as a Fraction of Income
The fraction of median Clarke County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 32.20%. Since then it has fallen by 6.61% to 25.60%.
Fraction of Income towards Rent: Clarke County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Clarke County Georgia
| Date | US | Georgia | Clarke County GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 25.60% |
| 2018 | 20.50% | 20.59% | 23.98% |
| 2017 | 20.13% | 20.46% | 25.43% |
| 2016 | 20.43% | 20.90% | 26.44% |
| 2015 | 20.63% | 21.29% | 30.69% |
| 2014 | 20.89% | 21.46% | 32.20% |
| 2013 | 20.78% | 21.33% | 29.02% |
| 2012 | 20.65% | 21.28% | 27.89% |
| 2011 | 20.70% | 21.73% | 29.91% |
| 2010 | 20.50% | 21.17% | 26.15% |
| 2009 | 20.12% | 20.17% | 27.54% |
| 2007 | 18.66% | 18.76% | 23.18% |
| 2005 | 18.89% | 18.66% | 26.35% |
Renter Fraction in Clarke County Georgia
You can calculate the renter fraction in Clarke 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 Clarke County as a fraction of total Clarke County households. In 2019 63.30% of households were renters according to Census ACS data.
Clarke 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% |
| Clarke County GA | 63.30% | +7.74% | -2.68% |
Trends in the Clarke County GA Renter Fraction
The Clarke County household renter fraction peaked in in 2014 at 67.11% and is now 3.81% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Clarke County GA, Georgia, US
History of Clarke County Renter Fraction
| Date | US | Georgia | Clarke County GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 63.30% |
| 2018 | 36.05% | 36.20% | 55.56% |
| 2017 | 36.13% | 37.12% | 59.97% |
| 2016 | 36.88% | 38.46% | 65.98% |
| 2015 | 36.97% | 38.16% | 60.75% |
| 2014 | 36.90% | 37.77% | 67.11% |
| 2013 | 36.50% | 37.34% | 61.70% |
| 2012 | 36.09% | 36.35% | 54.97% |
| 2011 | 35.42% | 35.42% | 54.84% |
| 2010 | 34.65% | 33.83% | 53.26% |
| 2009 | 34.13% | 32.96% | 55.21% |
| 2007 | 32.80% | 31.46% | 52.91% |
| 2005 | 33.10% | 33.19% | 59.89% |
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. ↩
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