Department of Numbers

Baldwin County Alabama Residential Rent and Rental Statistics

The median monthly gross residential rent in Baldwin County AL was $930 in 2017 according to the Census ACS survey.1 Average gross rent in Baldwin County was $838 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Baldwin County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Baldwin County Alabama (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Alabama Median Gross Rent $750 -0.66% +2.18%
Baldwin County AL Median Gross Rent $930 -3.83% +6.04%

Baldwin County AL Real Gross Rent Trends

Median gross rent for Baldwin County peaked in real terms in 2016 at $967 and is now $37 (3.83%) lower. Average gross rent for Baldwin County peaked in real terms in 2010 at $923 and is now $85 (9.21%) lower.

Real Gross Rent: Baldwin County AL Median, Baldwin County AL Average, Alabama Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Baldwin County

Date US
Median
Alabama
Median
Baldwin County AL
Median
Baldwin County AL
Average
2017 $1,012 $750 $930 $838
2016 $996 $755 $967 $872
2015 $987 $750 $940 $872
2014 $956 $734 $877 $795
2013 $924 $709 $826 $807
2012 $912 $711 $916 $906
2011 $912 $720 $920 $911
2010 $927 $723 $902 $923
2009 $931 $726 $888 $902
2008 $947 $725 $907 $867
2007 $899 $685 $891 $792
2006 $909 $682 $918 $886

Baldwin County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Baldwin County Alabama was 49.19% according to Census ACS data.

Rental Vacancy Rate in Baldwin County Alabama

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Alabama 10.99% +0.65% +0.62%
Baldwin County AL 49.19% +7.31% +3.85%

Trends in Baldwin County AL Rental Vacancy Rate

At 49.19%, Baldwin County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Baldwin County AL, Alabama, US

Rental vacancy rate in Alabama

Historical Rental Vacancy Rate data for Baldwin County

Date US Alabama Baldwin County AL
2017 6.18% 10.99% 49.19%
2016 5.89% 10.34% 41.88%
2015 5.85% 9.72% 42.99%
2014 6.32% 10.37% 45.34%
2013 6.49% 9.17% 35.07%
2012 6.77% 7.79% 10.76%
2011 7.40% 8.30% 23.78%
2010 8.17% 9.64% 30.63%
2009 8.43% 10.33% 19.74%
2008 7.86% 9.73% 30.59%
2007 7.87% 9.25% 33.35%
2006 7.70% 8.72% 21.39%

Rent as a Fraction of Income

Using median household income data for Baldwin County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Baldwin County, median monthly gross rent as a fraction of median household income was 20.17% in 2017 according to the ACS.

Baldwin County Alabama Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Alabama 18.70% -0.57% -1.39%
Baldwin County AL 20.17% +0.03% -1.06%

Trends in Baldwin County AL Rent as a Fraction of Income

The fraction of median Baldwin County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 22.03%. Since then it has fallen by 1.86% to 20.17%.

Fraction of Income towards Rent: Baldwin County AL, Alabama, US

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

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

Date US Alabama Baldwin County AL
2017 20.13% 18.70% 20.17%
2016 20.43% 19.27% 20.14%
2015 20.63% 19.54% 21.09%
2014 20.89% 20.09% 21.22%
2013 20.78% 19.44% 21.63%
2012 20.65% 19.89% 22.03%
2011 20.70% 19.91% 20.70%
2010 20.50% 19.78% 21.02%
2009 20.12% 19.47% 19.87%
2008 19.00% 17.75% 18.12%
2007 18.66% 17.78% 19.10%
2006 18.90% 17.73% 20.62%

Renter Fraction in Baldwin County Alabama

You can calculate the renter fraction in Baldwin 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 Baldwin County as a fraction of total Baldwin County households. In 2017 25.98% of households were renters according to Census ACS data.

Baldwin County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Alabama 31.95% +0.40% -0.37%
Baldwin County AL 25.98% -0.90% -1.58%

Trends in the Baldwin County AL Renter Fraction

The Baldwin County household renter fraction peaked in in 2012 at 32.68% and is now 6.70% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Baldwin County AL, Alabama, US

Fraction of renters in Baldwin County

History of Baldwin County Renter Fraction

Date US Alabama Baldwin County AL
2017 36.13% 31.95% 25.98%
2016 36.88% 31.55% 26.88%
2015 36.97% 32.11% 26.34%
2014 36.90% 32.32% 27.56%
2013 36.50% 31.96% 30.48%
2012 36.09% 31.25% 32.68%
2011 35.42% 30.11% 27.15%
2010 34.65% 29.88% 28.24%
2009 34.13% 30.42% 24.38%
2008 33.36% 29.01% 23.46%
2007 32.80% 29.10% 22.50%
2006 32.73% 28.22% 25.57%

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.