Columbia County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Columbia County GA was $1,145 in 2019 according to the Census ACS survey.1 Average gross rent in Columbia County was $1,237 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 Columbia County median and average rent data will be released in September of 2021.
Data is also available below for Columbia County rental vacancy rates, Columbia County rent as a percent of median income and the fraction of renters in Columbia County.
Real Gross Rent in Columbia 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% |
Columbia County GA Median Gross Rent | $1,145 | -6.53% | +11.17% |
Columbia County GA Real Gross Rent Trends
Median gross rent for Columbia County peaked in real terms in 2018 at $1,225 and is now $80 (6.53%) lower. At $1,237, real average gross rent in Columbia County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Columbia County GA Median, Columbia County GA Average, Georgia Median, US Median
Real Gross Rent History for Columbia County
Date | US Median |
Georgia Median |
Columbia County GA Median |
Columbia County GA Average |
---|---|---|---|---|
2019 | $1,097 | $1,049 | $1,145 | $1,237 |
2018 | $1,077 | $1,026 | $1,225 | $1,225 |
2017 | $1,043 | $988 | $1,107 | $1,154 |
2016 | $1,027 | $977 | $1,030 | $1,084 |
2015 | $1,017 | $964 | $1,201 | $1,209 |
2014 | $986 | $931 | $1,098 | $1,082 |
2013 | $953 | $895 | $1,168 | $1,179 |
2012 | $940 | $890 | $1,111 | $1,160 |
2011 | $941 | $900 | $1,160 | $1,111 |
2010 | $955 | $915 | $828 | $904 |
2009 | $960 | $912 | $1,076 | $1,085 |
2007 | $927 | $902 | $934 | $1,013 |
2005 | $910 | $886 | $890 | $859 |
Columbia 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 Columbia County Georgia was 24.30% according to Census ACS data.
Rental Vacancy Rate in Columbia County Georgia
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Georgia | 7.28% | +0.05% | +1.13% |
Columbia County GA | 24.30% | +4.58% | +10.49% |
Trends in Columbia County GA Rental Vacancy Rate
At 24.30%, Columbia 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: Columbia County GA, Georgia, US
Historical Rental Vacancy Rate data for Columbia County
Date | US | Georgia | Columbia County GA |
---|---|---|---|
2019 | 5.97% | 7.28% | 24.30% |
2018 | 6.15% | 7.23% | 19.72% |
2017 | 6.18% | 6.73% | 17.00% |
2016 | 5.89% | 6.15% | 13.81% |
2015 | 5.85% | 6.47% | 8.89% |
2014 | 6.32% | 8.17% | 8.60% |
2013 | 6.49% | 9.26% | 17.32% |
2012 | 6.77% | 9.53% | 9.77% |
2011 | 7.40% | 10.72% | — |
2010 | 8.17% | 11.72% | 9.99% |
2009 | 8.43% | 12.32% | 8.32% |
2007 | 7.87% | 10.54% | — |
2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Columbia County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Columbia County, median monthly gross rent as a fraction of median household income was 15.48% in 2019 according to the ACS.
Columbia 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% |
Columbia County GA | 15.48% | -2.12% | -0.75% |
Trends in Columbia County GA Rent as a Fraction of Income
The fraction of median Columbia County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 20.88%. Since then it has fallen by 5.40% to 15.48%.
Fraction of Income towards Rent: Columbia County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Columbia County Georgia
Date | US | Georgia | Columbia County GA |
---|---|---|---|
2019 | 20.03% | 20.31% | 15.48% |
2018 | 20.50% | 20.59% | 17.60% |
2017 | 20.13% | 20.46% | 17.38% |
2016 | 20.43% | 20.90% | 16.23% |
2015 | 20.63% | 21.29% | 18.01% |
2014 | 20.89% | 21.46% | 18.65% |
2013 | 20.78% | 21.33% | 18.44% |
2012 | 20.65% | 21.28% | 18.39% |
2011 | 20.70% | 21.73% | 20.88% |
2010 | 20.50% | 21.17% | 14.26% |
2009 | 20.12% | 20.17% | 16.45% |
2007 | 18.66% | 18.76% | 13.98% |
2005 | 18.89% | 18.66% | 13.04% |
Renter Fraction in Columbia County Georgia
You can calculate the renter fraction in Columbia 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 Columbia County as a fraction of total Columbia County households. In 2019 19.07% of households were renters according to Census ACS data.
Columbia 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% |
Columbia County GA | 19.07% | +1.97% | -5.56% |
Trends in the Columbia County GA Renter Fraction
The Columbia County household renter fraction peaked in in 2012 at 24.66% and is now 5.59% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Columbia County GA, Georgia, US
History of Columbia County Renter Fraction
Date | US | Georgia | Columbia County GA |
---|---|---|---|
2019 | 35.89% | 35.87% | 19.07% |
2018 | 36.05% | 36.20% | 17.10% |
2017 | 36.13% | 37.12% | 21.10% |
2016 | 36.88% | 38.46% | 24.63% |
2015 | 36.97% | 38.16% | 24.33% |
2014 | 36.90% | 37.77% | 20.26% |
2013 | 36.50% | 37.34% | 19.25% |
2012 | 36.09% | 36.35% | 24.66% |
2011 | 35.42% | 35.42% | 22.95% |
2010 | 34.65% | 33.83% | 22.60% |
2009 | 34.13% | 32.96% | 18.79% |
2007 | 32.80% | 31.46% | 13.60% |
2005 | 33.10% | 33.19% | 16.68% |
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. ↩