Department of Numbers

Brunswick Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Brunswick, GA (the Brunswick metro area) was $866 in 2015 according to the Census ACS survey.1 Average gross rent in Brunswick was $840 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Brunswick median and average rent data will be released in September of 2017.

Data is also available below for Brunswick rental vacancy rates, Brunswick rent as a percent of median income and the fraction of renters in Brunswick.

Show dollars as: Nominal Real

Real Gross Rent in Brunswick Georgia (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Georgia Median Gross Rent $909 +3.53% +8.34%
Brunswick, GA Median Gross Rent $866 +8.11% +21.12%

Brunswick, GA Real Gross Rent Trends

At $866, real median gross rent in Brunswick was at its highest level in 2015 since the series began in 2005. At $840, real average gross rent in Brunswick was at its highest level in 2015 since the series began in 2005.

Real Gross Rent in Brunswick: Brunswick GA Median, Brunswick GA Average, Georgia Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Brunswick

Date US
Median
Georgia
Median
Brunswick, GA
Median
Brunswick, GA
Average
2015 $959 $909 $866 $840
2014 $930 $878 $801 $752
2013 $898 $844 $741 $758
2012 $886 $839 $715 $718
2011 $887 $848 $713 $700
2010 $901 $863 $772 $813
2009 $905 $860 $750 $750
2008 $920 $879 $767 $737
2007 $874 $851 $807 $700
2006 $883 $854 $793 $689
2005 $858 $836 $692 $640

Brunswick Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Brunswick Georgia was 8.05% according to Census ACS data.

Rental Vacancy Rate in Brunswick Georgia

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Georgia 6.47% -1.70% -3.06%
Brunswick, GA 8.05% +1.80% -3.66%

Trends in Brunswick, GA Rental Vacancy Rate

The rental vacancy rate in Brunswick peaked in 2011 at 13.62%. Since then it has fallen by 5.57% to 8.05%. Data records for this series originated in 2005.

Rental Vacancy Rate: Brunswick GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Brunswick

Date US Georgia Brunswick, GA
2015 5.85% 6.47% 8.05%
2014 6.32% 8.17% 6.25%
2013 6.49% 9.26% 8.79%
2012 6.77% 9.53% 11.71%
2011 7.40% 10.72% 13.62%
2010 8.17% 11.72% 9.60%
2009 8.43% 12.32% 8.39%
2008 7.86% 10.89% 2.17%
2007 7.87% 10.54% 5.32%
2006 7.70% 10.33% 4.80%
2005 7.74% 11.53% 12.73%

Rent as a Fraction of Income

Using median household income data for Brunswick, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Brunswick, median monthly gross rent as a fraction of median household income was 23.43% in 2015 according to the ACS.

Brunswick Georgia Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Georgia 21.29% -0.17% +0.01%
Brunswick, GA 23.43% +2.56% +3.69%

Trends in Brunswick, GA Rent as a Fraction of Income

Brunswick renters paid 23.43% of median household income towards the median monthly gross rent in 2015. This is the highest fraction of median household income going to rent since the series originated in 2005.

Fraction of Income towards Rent: Brunswick GA, Georgia, US

Percent of median household income going towards median monthly gross rent in Brunswick Georgia

Historical Data for Annual Rent as a Fraction of Income in Brunswick Georgia

Date US Georgia Brunswick, GA
2015 20.63% 21.29% 23.43%
2014 20.89% 21.46% 20.88%
2013 20.78% 21.33% 22.40%
2012 20.65% 21.28% 19.74%
2011 20.70% 21.73% 19.65%
2010 20.50% 21.17% 22.52%
2009 20.12% 20.17% 19.84%
2008 19.00% 18.57% 17.43%
2007 18.66% 18.76% 19.23%
2006 18.90% 18.91% 17.91%
2005 18.89% 18.66% 18.00%

Renter Fraction in Brunswick Georgia

You can calculate the renter fraction in Brunswick 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 Brunswick as a fraction of total Brunswick households. In 2015 37.14% of households were renters according to Census ACS data.

Brunswick Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Georgia 38.16% +0.39% +1.81%
Brunswick, GA 37.14% +2.37% +4.26%

Trends in the Brunswick, GA Renter Fraction

At 37.14%, the 2015 household based renter fraction in Brunswick was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Brunswick GA, Georgia, US

Fraction of renters in Brunswick

History of Brunswick Renter Fraction

Date US Georgia Brunswick, GA
2015 36.97% 38.16% 37.14%
2014 36.90% 37.77% 34.77%
2013 36.50% 37.34% 35.89%
2012 36.09% 36.35% 32.88%
2011 35.42% 35.42% 30.95%
2010 34.65% 33.83% 34.01%
2009 34.13% 32.96% 32.87%
2008 33.36% 32.55% 30.50%
2007 32.80% 31.46% 35.41%
2006 32.73% 32.33% 30.66%
2005 33.10% 33.19% 33.46%

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.