Rockdale County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Rockdale County GA was $1,120 in 2019 according to the Census ACS survey.1 Average gross rent in Rockdale County was $1,102 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 Rockdale County median and average rent data will be released in September of 2021.
Data is also available below for Rockdale County rental vacancy rates, Rockdale County rent as a percent of median income and the fraction of renters in Rockdale County.
Real Gross Rent in Rockdale 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% |
Rockdale County GA Median Gross Rent | $1,120 | -1.32% | +12.11% |
Rockdale County GA Real Gross Rent Trends
Median gross rent for Rockdale County peaked in real terms in 2018 at $1,135 and is now $15 (1.32%) lower. Average gross rent for Rockdale County peaked in real terms in 2018 at $1,160 and is now $58 (5.00%) lower.
Real Gross Rent: Rockdale County GA Median, Rockdale County GA Average, Georgia Median, US Median
Real Gross Rent History for Rockdale County
Date | US Median |
Georgia Median |
Rockdale County GA Median |
Rockdale County GA Average |
---|---|---|---|---|
2019 | $1,097 | $1,049 | $1,120 | $1,102 |
2018 | $1,077 | $1,026 | $1,135 | $1,160 |
2017 | $1,043 | $988 | $1,001 | $990 |
2016 | $1,027 | $977 | $999 | $1,047 |
2015 | $1,017 | $964 | $964 | $970 |
2014 | $986 | $931 | $953 | $959 |
2013 | $953 | $895 | $952 | $957 |
2012 | $940 | $890 | $921 | $870 |
2011 | $941 | $900 | $1,002 | $1,065 |
2010 | $955 | $915 | $1,046 | $1,073 |
2009 | $960 | $912 | $1,071 | $1,072 |
2007 | $927 | $902 | $988 | $1,013 |
2005 | $910 | $886 | $1,046 | $1,004 |
Rockdale County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2011 the rental vacancy rate for Rockdale County Georgia was 10.36% according to Census ACS data.
Rental Vacancy Rate in Rockdale County Georgia
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Georgia | 7.28% | +0.05% | +1.13% |
Rockdale County GA | — | — | — |
Trends in Rockdale County GA Rental Vacancy Rate
The rental vacancy rate in Rockdale County peaked in 2008 at 14.05%. Since then it has fallen by 3.69% to 10.36%. Data records for this series originated in 2005.
Rental Vacancy Rate: Rockdale County GA, Georgia, US
Historical Rental Vacancy Rate data for Rockdale County
Date | US | Georgia | Rockdale County GA |
---|---|---|---|
2019 | 5.97% | 7.28% | — |
2018 | 6.15% | 7.23% | — |
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% | — |
2012 | 6.77% | 9.53% | — |
2011 | 7.40% | 10.72% | 10.36% |
2010 | 8.17% | 11.72% | — |
2009 | 8.43% | 12.32% | — |
2007 | 7.87% | 10.54% | 10.25% |
2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Rockdale County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Rockdale County, median monthly gross rent as a fraction of median household income was 22.19% in 2019 according to the ACS.
Rockdale 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% |
Rockdale County GA | 22.19% | +0.34% | +2.05% |
Trends in Rockdale County GA Rent as a Fraction of Income
The fraction of median Rockdale County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 23.29%. Since then it has fallen by 1.10% to 22.19%.
Fraction of Income towards Rent: Rockdale County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Rockdale County Georgia
Date | US | Georgia | Rockdale County GA |
---|---|---|---|
2019 | 20.03% | 20.31% | 22.19% |
2018 | 20.50% | 20.59% | 21.85% |
2017 | 20.13% | 20.46% | 18.66% |
2016 | 20.43% | 20.90% | 20.15% |
2015 | 20.63% | 21.29% | 21.49% |
2014 | 20.89% | 21.46% | 23.29% |
2013 | 20.78% | 21.33% | 21.80% |
2012 | 20.65% | 21.28% | 20.70% |
2011 | 20.70% | 21.73% | 21.81% |
2010 | 20.50% | 21.17% | 19.61% |
2009 | 20.12% | 20.17% | 22.81% |
2007 | 18.66% | 18.76% | 18.27% |
2005 | 18.89% | 18.66% | 19.87% |
Renter Fraction in Rockdale County Georgia
You can calculate the renter fraction in Rockdale 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 Rockdale County as a fraction of total Rockdale County households. In 2019 37.48% of households were renters according to Census ACS data.
Rockdale 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% |
Rockdale County GA | 37.48% | +4.68% | +6.94% |
Trends in the Rockdale County GA Renter Fraction
At 37.48%, the 2019 household based renter fraction in Rockdale County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Rockdale County GA, Georgia, US
History of Rockdale County Renter Fraction
Date | US | Georgia | Rockdale County GA |
---|---|---|---|
2019 | 35.89% | 35.87% | 37.48% |
2018 | 36.05% | 36.20% | 32.80% |
2017 | 36.13% | 37.12% | 30.05% |
2016 | 36.88% | 38.46% | 30.54% |
2015 | 36.97% | 38.16% | 33.47% |
2014 | 36.90% | 37.77% | 32.70% |
2013 | 36.50% | 37.34% | 32.73% |
2012 | 36.09% | 36.35% | 30.49% |
2011 | 35.42% | 35.42% | 28.53% |
2010 | 34.65% | 33.83% | 30.82% |
2009 | 34.13% | 32.96% | 33.66% |
2007 | 32.80% | 31.46% | 30.76% |
2005 | 33.10% | 33.19% | 22.39% |
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. ↩