Department of Numbers

Anniston Alabama Residential Rent and Rental Statistics

The median monthly gross residential rent in Anniston, AL (the Anniston-Oxford metro area) was $631 in 2016 according to the Census ACS survey.1 Average gross rent in Anniston was $608 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 Anniston median and average rent data will be released in September of 2018.

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

Show dollars as: Nominal Real

Real Gross Rent in Anniston Alabama (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Alabama Median Gross Rent $743 +0.54% +6.45%
Anniston, AL Median Gross Rent $631 -12.36% +6.59%

Anniston, AL Real Gross Rent Trends

Median gross rent for Anniston peaked in real terms in 2015 at $720 and is now $89 (12.36%) lower. Average gross rent for Anniston peaked in real terms in 2015 at $694 and is now $86 (12.39%) lower.

Real Gross Rent in Anniston: Anniston AL Median, Anniston AL Average, Alabama Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Anniston

Date US
Median
Alabama
Median
Anniston, AL
Median
Anniston, AL
Average
2016 $981 $743 $631 $608
2015 $972 $739 $720 $694
2014 $942 $723 $603 $524
2013 $910 $698 $592 $499
2012 $898 $700 $661 $608
2011 $898 $709 $662 $614
2010 $912 $712 $648 $613
2009 $916 $715 $611 $552
2008 $932 $714 $603 $584
2007 $885 $674 $620 $555
2006 $895 $672 $618 $597
2005 $869 $639 $634 $587

Anniston Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Anniston Alabama was 6.65% according to Census ACS data.

Rental Vacancy Rate in Anniston Alabama

2016 1 Year Change 3 Year Change
US 5.89% +0.04% -0.60%
Alabama 10.34% +0.62% +1.17%
Anniston, AL 6.65% +2.92% +3.29%

Trends in Anniston, AL Rental Vacancy Rate

The rental vacancy rate in Anniston peaked in 2009 at 12.42%. Since then it has fallen by 5.77% to 6.65%. Data records for this series originated in 2005. From a 2014 post peak low of 1.23%, the rental vacancy rate has increased by 5.42%.

Rental Vacancy Rate: Anniston AL, Alabama, US

Rental vacancy rate in Alabama

Historical Rental Vacancy Rate data for Anniston

Date US Alabama Anniston, AL
2016 5.89% 10.34% 6.65%
2015 5.85% 9.72% 3.73%
2014 6.32% 10.37% 1.23%
2013 6.49% 9.17% 3.36%
2012 6.77% 7.79% 6.63%
2011 7.40% 8.30% 5.87%
2010 8.17% 9.64% 3.60%
2009 8.43% 10.33% 12.42%
2008 7.86% 9.73% 4.86%
2007 7.87% 9.25% 4.19%
2006 7.70% 8.72% 7.69%
2005 7.74% 9.21% 10.18%

Rent as a Fraction of Income

Using median household income data for Anniston, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Anniston, median monthly gross rent as a fraction of median household income was 18.16% in 2016 according to the ACS.

Anniston Alabama Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Alabama 19.27% -0.27% -0.16%
Anniston, AL 18.16% -1.98% -1.36%

Trends in Anniston, AL Rent as a Fraction of Income

The fraction of median Anniston household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 20.15%. Since then it has fallen by 1.98% to 18.16%.

Fraction of Income towards Rent: Anniston AL, Alabama, US

Percent of median household income going towards median monthly gross rent in Anniston Alabama

Historical Data for Annual Rent as a Fraction of Income in Anniston Alabama

Date US Alabama Anniston, AL
2016 20.43% 19.27% 18.16%
2015 20.63% 19.54% 20.15%
2014 20.89% 20.09% 17.32%
2013 20.78% 19.44% 19.52%
2012 20.65% 19.89% 19.94%
2011 20.70% 19.91% 19.74%
2010 20.50% 19.78% 19.86%
2009 20.12% 19.47% 18.43%
2008 19.00% 17.75% 15.97%
2007 18.66% 17.78% 17.90%
2006 18.90% 17.73% 17.45%
2005 18.89% 17.41% 17.58%

Renter Fraction in Anniston Alabama

You can calculate the renter fraction in Anniston 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 Anniston as a fraction of total Anniston households. In 2016 33.32% of households were renters according to Census ACS data.

Anniston Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Alabama 31.55% -0.56% -0.41%
Anniston, AL 33.32% +2.70% +0.40%

Trends in the Anniston, AL Renter Fraction

At 33.32%, the 2016 household based renter fraction in Anniston was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Anniston AL, Alabama, US

Fraction of renters in Anniston

History of Anniston Renter Fraction

Date US Alabama Anniston, AL
2016 36.88% 31.55% 33.32%
2015 36.97% 32.11% 30.62%
2014 36.90% 32.32% 31.19%
2013 36.50% 31.96% 32.92%
2012 36.09% 31.25% 31.60%
2011 35.42% 30.11% 31.36%
2010 34.65% 29.88% 32.53%
2009 34.13% 30.42% 29.29%
2008 33.36% 29.01% 25.19%
2007 32.80% 29.10% 29.28%
2006 32.73% 28.22% 28.05%
2005 33.10% 29.48% 27.71%

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.