Hinesville Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Hinesville, GA (the Hinesville-Fort Stewart metro area) was $1,023 in 2019 according to the Census ACS survey.1 Average gross rent in Hinesville was $919 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 Hinesville median and average rent data will be released in September of 2021.
Data is also available below for Hinesville rental vacancy rates, Hinesville rent as a percent of median income and the fraction of renters in Hinesville.
Real Gross Rent in Hinesville 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% |
| Hinesville, GA Median Gross Rent | $1,023 | -6.32% | -3.49% |
Hinesville, GA Real Gross Rent Trends
Median gross rent for Hinesville peaked in real terms in 2018 at $1,092 and is now $69 (6.32%) lower. Average gross rent for Hinesville peaked in real terms in 2018 at $1,036 and is now $117 (11.29%) lower.
Real Gross Rent in Hinesville: Hinesville GA Median, Hinesville GA Average, Georgia Median, US Median
Real Gross Rent History for Hinesville
| Date | US Median |
Georgia Median |
Hinesville, GA Median |
Hinesville, GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $1,023 | $919 |
| 2018 | $1,077 | $1,026 | $1,092 | $1,036 |
| 2017 | $1,043 | $988 | $981 | $962 |
| 2016 | $1,027 | $977 | $1,060 | $983 |
| 2015 | $1,017 | $964 | $966 | $943 |
| 2014 | $986 | $931 | $1,056 | $951 |
| 2013 | $953 | $895 | $951 | $919 |
| 2012 | $940 | $890 | $988 | $912 |
| 2011 | $941 | $900 | $918 | $905 |
| 2010 | $955 | $915 | $995 | $969 |
| 2009 | $960 | $912 | $873 | $848 |
| 2007 | $927 | $902 | $844 | $779 |
| 2005 | $910 | $886 | — | — |
Hinesville 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 Hinesville Georgia was 13.03% according to Census ACS data.
Rental Vacancy Rate in Hinesville Georgia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| Hinesville, GA | 13.03% | +2.85% | +7.58% |
Trends in Hinesville, GA Rental Vacancy Rate
The rental vacancy rate in Hinesville peaked in 2013 at 15.28%. Since then it has fallen by 2.25% to 13.03%. Data records for this series originated in 2006. From a 2016 post peak low of 5.45%, the rental vacancy rate has increased by 7.58%.
Rental Vacancy Rate: Hinesville GA, Georgia, US
Historical Rental Vacancy Rate data for Hinesville
| Date | US | Georgia | Hinesville, GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | 13.03% |
| 2018 | 6.15% | 7.23% | 10.18% |
| 2017 | 6.18% | 6.73% | 14.04% |
| 2016 | 5.89% | 6.15% | 5.45% |
| 2015 | 5.85% | 6.47% | 15.05% |
| 2014 | 6.32% | 8.17% | 12.95% |
| 2013 | 6.49% | 9.26% | 15.28% |
| 2012 | 6.77% | 9.53% | — |
| 2011 | 7.40% | 10.72% | — |
| 2010 | 8.17% | 11.72% | 9.92% |
| 2009 | 8.43% | 12.32% | 7.47% |
| 2007 | 7.87% | 10.54% | — |
| 2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Hinesville, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Hinesville, median monthly gross rent as a fraction of median household income was 23.14% in 2019 according to the ACS.
Hinesville 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% |
| Hinesville, GA | 23.14% | -4.12% | -3.13% |
Trends in Hinesville, GA Rent as a Fraction of Income
The fraction of median Hinesville household income required to pay median monthly gross rent peaked in 2015 (relative to the 2006 series origin) at 29.38%. Since then it has fallen by 6.24% to 23.14%.
Fraction of Income towards Rent: Hinesville GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Hinesville Georgia
| Date | US | Georgia | Hinesville, GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 23.14% |
| 2018 | 20.50% | 20.59% | 27.26% |
| 2017 | 20.13% | 20.46% | 23.12% |
| 2016 | 20.43% | 20.90% | 26.26% |
| 2015 | 20.63% | 21.29% | 29.38% |
| 2014 | 20.89% | 21.46% | 27.69% |
| 2013 | 20.78% | 21.33% | 26.72% |
| 2012 | 20.65% | 21.28% | 25.71% |
| 2011 | 20.70% | 21.73% | 23.91% |
| 2010 | 20.50% | 21.17% | 28.45% |
| 2009 | 20.12% | 20.17% | 20.82% |
| 2007 | 18.66% | 18.76% | 20.73% |
| 2005 | 18.89% | 18.66% | — |
Renter Fraction in Hinesville Georgia
You can calculate the renter fraction in Hinesville 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 Hinesville as a fraction of total Hinesville households. In 2019 44.22% of households were renters according to Census ACS data.
Hinesville 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% |
| Hinesville, GA | 44.22% | -6.52% | -10.84% |
Trends in the Hinesville, GA Renter Fraction
The Hinesville household renter fraction peaked in in 2016 at 55.06% and is now 10.84% below that level. The origin year for the series is 2006.
Fraction of Renting Households: Hinesville GA, Georgia, US
History of Hinesville Renter Fraction
| Date | US | Georgia | Hinesville, GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 44.22% |
| 2018 | 36.05% | 36.20% | 50.74% |
| 2017 | 36.13% | 37.12% | 46.08% |
| 2016 | 36.88% | 38.46% | 55.06% |
| 2015 | 36.97% | 38.16% | 50.27% |
| 2014 | 36.90% | 37.77% | 51.45% |
| 2013 | 36.50% | 37.34% | 52.23% |
| 2012 | 36.09% | 36.35% | 47.23% |
| 2011 | 35.42% | 35.42% | 45.63% |
| 2010 | 34.65% | 33.83% | 40.65% |
| 2009 | 34.13% | 32.96% | 49.55% |
| 2007 | 32.80% | 31.46% | 49.32% |
| 2005 | 33.10% | 33.19% | — |
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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