Clayton County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Clayton County GA was $1,050 in 2019 according to the Census ACS survey.1 Average gross rent in Clayton County was $1,065 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 Clayton County median and average rent data will be released in September of 2021.
Data is also available below for Clayton County rental vacancy rates, Clayton County rent as a percent of median income and the fraction of renters in Clayton County.
Real Gross Rent in Clayton 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% |
| Clayton County GA Median Gross Rent | $1,050 | +5.32% | +10.29% |
Clayton County GA Real Gross Rent Trends
At $1,050, real median gross rent in Clayton County was at its highest level in 2019 since the series began in 2005. At $1,065, real average gross rent in Clayton County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Clayton County GA Median, Clayton County GA Average, Georgia Median, US Median
Real Gross Rent History for Clayton County
| Date | US Median |
Georgia Median |
Clayton County GA Median |
Clayton County GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $1,050 | $1,065 |
| 2018 | $1,077 | $1,026 | $997 | $997 |
| 2017 | $1,043 | $988 | $992 | $986 |
| 2016 | $1,027 | $977 | $952 | $943 |
| 2015 | $1,017 | $964 | $926 | $946 |
| 2014 | $986 | $931 | $944 | $959 |
| 2013 | $953 | $895 | $886 | $905 |
| 2012 | $940 | $890 | $924 | $904 |
| 2011 | $941 | $900 | $888 | $915 |
| 2010 | $955 | $915 | $929 | $960 |
| 2009 | $960 | $912 | $998 | $976 |
| 2007 | $927 | $902 | $1,016 | $1,060 |
| 2005 | $910 | $886 | $970 | $1,010 |
Clayton 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 Clayton County Georgia was 9.41% according to Census ACS data.
Rental Vacancy Rate in Clayton County Georgia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| Clayton County GA | — | — | — |
Trends in Clayton County GA Rental Vacancy Rate
The rental vacancy rate in Clayton County peaked in 2009 at 22.70%. Since then it has fallen by 13.29% to 9.41%. Data records for this series originated in 2005.
Rental Vacancy Rate: Clayton County GA, Georgia, US
Historical Rental Vacancy Rate data for Clayton County
| Date | US | Georgia | Clayton County GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | — |
| 2018 | 6.15% | 7.23% | 9.41% |
| 2017 | 6.18% | 6.73% | 9.88% |
| 2016 | 5.89% | 6.15% | 10.32% |
| 2015 | 5.85% | 6.47% | 12.55% |
| 2014 | 6.32% | 8.17% | 17.43% |
| 2013 | 6.49% | 9.26% | — |
| 2012 | 6.77% | 9.53% | 16.87% |
| 2011 | 7.40% | 10.72% | 17.48% |
| 2010 | 8.17% | 11.72% | 18.49% |
| 2009 | 8.43% | 12.32% | 22.70% |
| 2007 | 7.87% | 10.54% | 16.30% |
| 2005 | 7.74% | 11.53% | 20.97% |
Rent as a Fraction of Income
Using median household income data for Clayton County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clayton County, median monthly gross rent as a fraction of median household income was 24.66% in 2019 according to the ACS.
Clayton 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% |
| Clayton County GA | 24.66% | -0.52% | +0.56% |
Trends in Clayton County GA Rent as a Fraction of Income
The fraction of median Clayton County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 28.33%. Since then it has fallen by 3.67% to 24.66%.
Fraction of Income towards Rent: Clayton County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Clayton County Georgia
| Date | US | Georgia | Clayton County GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 24.66% |
| 2018 | 20.50% | 20.59% | 25.19% |
| 2017 | 20.13% | 20.46% | 25.56% |
| 2016 | 20.43% | 20.90% | 24.11% |
| 2015 | 20.63% | 21.29% | 24.87% |
| 2014 | 20.89% | 21.46% | 24.78% |
| 2013 | 20.78% | 21.33% | 24.76% |
| 2012 | 20.65% | 21.28% | 28.33% |
| 2011 | 20.70% | 21.73% | 26.62% |
| 2010 | 20.50% | 21.17% | 27.95% |
| 2009 | 20.12% | 20.17% | 24.12% |
| 2007 | 18.66% | 18.76% | 23.82% |
| 2005 | 18.89% | 18.66% | 22.70% |
Renter Fraction in Clayton County Georgia
You can calculate the renter fraction in Clayton 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 Clayton County as a fraction of total Clayton County households. In 2019 51.29% of households were renters according to Census ACS data.
Clayton 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% |
| Clayton County GA | 51.29% | +3.46% | +0.53% |
Trends in the Clayton County GA Renter Fraction
The Clayton County household renter fraction peaked in in 2017 at 54.26% and is now 2.97% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Clayton County GA, Georgia, US
History of Clayton County Renter Fraction
| Date | US | Georgia | Clayton County GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 51.29% |
| 2018 | 36.05% | 36.20% | 47.83% |
| 2017 | 36.13% | 37.12% | 54.26% |
| 2016 | 36.88% | 38.46% | 50.76% |
| 2015 | 36.97% | 38.16% | 48.83% |
| 2014 | 36.90% | 37.77% | 46.60% |
| 2013 | 36.50% | 37.34% | 49.16% |
| 2012 | 36.09% | 36.35% | 49.40% |
| 2011 | 35.42% | 35.42% | 44.24% |
| 2010 | 34.65% | 33.83% | 42.06% |
| 2009 | 34.13% | 32.96% | 39.41% |
| 2007 | 32.80% | 31.46% | 35.82% |
| 2005 | 33.10% | 33.19% | 35.78% |
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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