Department of Numbers

Dalton Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Dalton, GA (the Dalton metro area) was $673 in 2015 according to the Census ACS survey.1 Average gross rent in Dalton was $685 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 Dalton median and average rent data will be released in September of 2017.

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

Show dollars as: Nominal Real

Real Gross Rent in Dalton 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%
Dalton, GA Median Gross Rent $673 +4.18% +9.97%

Dalton, GA Real Gross Rent Trends

Median gross rent for Dalton peaked in real terms in 2010 at $726 and is now $53 (7.30%) lower. From a recent low of 612.0 in 2012, real median gross rent has now increased by $61 (9.97%). Average gross rent for Dalton peaked in real terms in 2010 at $699 and is now $14 (2.00%) lower. From a recent low of 566.0 in 2012, real average gross rent has now increased by $119 (21.02%).

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Dalton

Date US
Median
Georgia
Median
Dalton, GA
Median
Dalton, GA
Average
2015 $959 $909 $673 $685
2014 $930 $878 $646 $609
2013 $898 $844 $649 $623
2012 $886 $839 $612 $566
2011 $887 $848 $666 $614
2010 $901 $863 $726 $699
2009 $905 $860 $654 $596
2008 $920 $879 $682 $616
2007 $874 $851 $619 $570
2006 $883 $854 $642 $609
2005 $858 $836 $643 $586

Dalton Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2012 the rental vacancy rate for Dalton Georgia was 12.44% according to Census ACS data.

Rental Vacancy Rate in Dalton Georgia

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Georgia 6.47% -1.70% -3.06%
Dalton, GA

Trends in Dalton, GA Rental Vacancy Rate

The rental vacancy rate in Dalton peaked in 2009 at 22.05%. Since then it has fallen by 9.61% to 12.44%. Data records for this series originated in 2005.

Rental Vacancy Rate: Dalton GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Dalton

Date US Georgia Dalton, GA
2015 5.85% 6.47%
2014 6.32% 8.17%
2013 6.49% 9.26%
2012 6.77% 9.53% 12.44%
2011 7.40% 10.72% 16.66%
2010 8.17% 11.72%
2009 8.43% 12.32% 22.05%
2008 7.86% 10.89%
2007 7.87% 10.54%
2006 7.70% 10.33%
2005 7.74% 11.53%

Rent as a Fraction of Income

Using median household income data for Dalton, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dalton, median monthly gross rent as a fraction of median household income was 17.70% in 2015 according to the ACS.

Dalton 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%
Dalton, GA 17.70% -1.28% -4.58%

Trends in Dalton, GA Rent as a Fraction of Income

The fraction of median Dalton household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 22.35%. Since then it has fallen by 4.65% to 17.70%.

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

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

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

Date US Georgia Dalton, GA
2015 20.63% 21.29% 17.70%
2014 20.89% 21.46% 18.98%
2013 20.78% 21.33% 20.84%
2012 20.65% 21.28% 22.28%
2011 20.70% 21.73% 22.35%
2010 20.50% 21.17% 20.94%
2009 20.12% 20.17% 19.21%
2008 19.00% 18.57% 17.09%
2007 18.66% 18.76% 18.45%
2006 18.90% 18.91% 16.39%
2005 18.89% 18.66% 17.31%

Renter Fraction in Dalton Georgia

You can calculate the renter fraction in Dalton 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 Dalton as a fraction of total Dalton households. In 2015 35.38% of households were renters according to Census ACS data.

Dalton 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%
Dalton, GA 35.38% -0.50% -0.53%

Trends in the Dalton, GA Renter Fraction

The Dalton household renter fraction peaked in in 2013 at 37.27% and is now 1.89% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Dalton GA, Georgia, US

Fraction of renters in Dalton

History of Dalton Renter Fraction

Date US Georgia Dalton, GA
2015 36.97% 38.16% 35.38%
2014 36.90% 37.77% 35.88%
2013 36.50% 37.34% 37.27%
2012 36.09% 36.35% 35.91%
2011 35.42% 35.42% 34.86%
2010 34.65% 33.83% 31.93%
2009 34.13% 32.96% 32.57%
2008 33.36% 32.55% 30.29%
2007 32.80% 31.46% 31.53%
2006 32.73% 32.33% 27.21%
2005 33.10% 33.19% 31.48%

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.