Brunswick Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Brunswick, GA (the Brunswick metro area) was $778 in 2019 according to the Census ACS survey.1 Average gross rent in Brunswick was $793 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 Brunswick median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Brunswick 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% |
| Brunswick, GA Median Gross Rent | $778 | -17.41% | -4.89% |
Brunswick, GA Real Gross Rent Trends
Median gross rent for Brunswick peaked in real terms in 2018 at $942 and is now $164 (17.41%) lower. Average gross rent for Brunswick peaked in real terms in 2015 at $891 and is now $98 (11.00%) lower.
Real Gross Rent in Brunswick: Brunswick GA Median, Brunswick GA Average, Georgia Median, US Median
Real Gross Rent History for Brunswick
| Date | US Median |
Georgia Median |
Brunswick, GA Median |
Brunswick, GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $778 | $793 |
| 2018 | $1,077 | $1,026 | $942 | $881 |
| 2017 | $1,043 | $988 | $891 | $860 |
| 2016 | $1,027 | $977 | $818 | $793 |
| 2015 | $1,017 | $964 | $919 | $891 |
| 2014 | $986 | $931 | $850 | $798 |
| 2013 | $953 | $895 | $786 | $805 |
| 2012 | $940 | $890 | $758 | $762 |
| 2011 | $941 | $900 | $756 | $743 |
| 2010 | $955 | $915 | $819 | $863 |
| 2009 | $960 | $912 | $796 | $796 |
| 2007 | $927 | $902 | $856 | $743 |
| 2005 | $910 | $886 | $734 | $679 |
Brunswick Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Brunswick Georgia was 11.86% according to Census ACS data.
Rental Vacancy Rate in Brunswick Georgia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| Brunswick, GA | 11.86% | -2.47% | -0.44% |
Trends in Brunswick, GA Rental Vacancy Rate
The rental vacancy rate in Brunswick peaked in 2018 at 14.33%. Since then it has fallen by 2.47% to 11.86%. Data records for this series originated in 2005.
Rental Vacancy Rate: Brunswick GA, Georgia, US
Historical Rental Vacancy Rate data for Brunswick
| Date | US | Georgia | Brunswick, GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | 11.86% |
| 2018 | 6.15% | 7.23% | 14.33% |
| 2017 | 6.18% | 6.73% | 3.64% |
| 2016 | 5.89% | 6.15% | 12.30% |
| 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% |
| 2007 | 7.87% | 10.54% | 5.32% |
| 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 16.27% in 2019 according to the ACS.
Brunswick 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% |
| Brunswick, GA | 16.27% | -5.71% | -4.10% |
Trends in Brunswick, GA Rent as a Fraction of Income
The fraction of median Brunswick household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 23.43%. Since then it has fallen by 7.16% to 16.27%.
Fraction of Income towards Rent: Brunswick GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Brunswick Georgia
| Date | US | Georgia | Brunswick, GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 16.27% |
| 2018 | 20.50% | 20.59% | 21.98% |
| 2017 | 20.13% | 20.46% | 22.04% |
| 2016 | 20.43% | 20.90% | 20.37% |
| 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% |
| 2007 | 18.66% | 18.76% | 19.23% |
| 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 2019 29.19% of households were renters according to Census ACS data.
Brunswick 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% |
| Brunswick, GA | 29.19% | -2.40% | -5.22% |
Trends in the Brunswick, GA Renter Fraction
The Brunswick household renter fraction peaked in in 2015 at 37.14% and is now 7.95% below that level. From a recent low of 28.57% in 2017, the household based renter fraction has now grown by 0.62%. The origin year for the series is 2005.
Fraction of Renting Households: Brunswick GA, Georgia, US
History of Brunswick Renter Fraction
| Date | US | Georgia | Brunswick, GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 29.19% |
| 2018 | 36.05% | 36.20% | 31.59% |
| 2017 | 36.13% | 37.12% | 28.57% |
| 2016 | 36.88% | 38.46% | 34.41% |
| 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% |
| 2007 | 32.80% | 31.46% | 35.41% |
| 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. ↩
