Department of Numbers

Clayton County Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Clayton County GA was $962 in 2017 according to the Census ACS survey.1 Average gross rent in Clayton County was $956 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 Clayton County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Clayton County Georgia (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Georgia Median Gross Rent $958 +1.05% +6.09%
Clayton County GA Median Gross Rent $962 +4.23% +5.14%

Clayton County GA Real Gross Rent Trends

Median gross rent for Clayton County peaked in real terms in 2007 at $986 and is now $24 (2.43%) lower. From a recent low of 859.0 in 2013, real median gross rent has now increased by $103 (11.99%). Average gross rent for Clayton County peaked in real terms in 2007 at $1,028 and is now $72 (7.00%) lower. From a recent low of 877.0 in 2012, real average gross rent has now increased by $79 (9.01%).

Real Gross Rent: Clayton County GA Median, Clayton County GA Average, Georgia Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Clayton County

Date US
Median
Georgia
Median
Clayton County GA
Median
Clayton County GA
Average
2017 $1,012 $958 $962 $956
2016 $996 $948 $923 $915
2015 $987 $935 $898 $918
2014 $956 $903 $915 $930
2013 $924 $868 $859 $877
2012 $912 $864 $897 $877
2011 $912 $873 $861 $887
2010 $927 $888 $901 $931
2009 $931 $884 $968 $946
2008 $947 $904 $973 $999
2007 $899 $875 $986 $1,028
2006 $909 $879 $960 $1,021

Clayton 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 Clayton County Georgia was 9.88% according to Census ACS data.

Rental Vacancy Rate in Clayton County Georgia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Georgia 6.73% +0.58% -1.44%
Clayton County GA 9.88% -0.44% -7.55%

Trends in Clayton County GA Rental Vacancy Rate

The rental vacancy rate in Clayton County peaked in 2009 at 22.70%. Since then it has fallen by 12.82% to 9.88%. Data records for this series originated in 2005.

Rental Vacancy Rate: Clayton County GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Clayton County

Date US Georgia Clayton County GA
2017 6.18% 6.73% 9.88%
2016 5.89% 6.15% 10.32%
2015 5.85% 6.47% 12.55%
2014 6.32% 8.17% 17.43%
2013 6.49% 9.26%
2012 6.77% 9.53% 16.87%
2011 7.40% 10.72% 17.48%
2010 8.17% 11.72% 18.49%
2009 8.43% 12.32% 22.70%
2008 7.86% 10.89% 17.02%
2007 7.87% 10.54% 16.30%
2006 7.70% 10.33% 14.51%

Rent as a Fraction of Income

Using median household income data for Clayton County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clayton County, median monthly gross rent as a fraction of median household income was 25.56% in 2017 according to the ACS.

Clayton County Georgia Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Georgia 20.46% -0.44% -1.00%
Clayton County GA 25.56% +1.45% +0.77%

Trends in Clayton County GA Rent as a Fraction of Income

The fraction of median Clayton County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 28.33%. Since then it has fallen by 2.78% to 25.56%.

Fraction of Income towards Rent: Clayton County GA, Georgia, US

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

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

Date US Georgia Clayton County GA
2017 20.13% 20.46% 25.56%
2016 20.43% 20.90% 24.11%
2015 20.63% 21.29% 24.87%
2014 20.89% 21.46% 24.78%
2013 20.78% 21.33% 24.76%
2012 20.65% 21.28% 28.33%
2011 20.70% 21.73% 26.62%
2010 20.50% 21.17% 27.95%
2009 20.12% 20.17% 24.12%
2008 19.00% 18.57% 21.93%
2007 18.66% 18.76% 23.82%
2006 18.90% 18.91% 23.05%

Renter Fraction in Clayton County Georgia

You can calculate the renter fraction in Clayton 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 Clayton County as a fraction of total Clayton County households. In 2017 54.26% of households were renters according to Census ACS data.

Clayton County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Georgia 37.12% -1.34% -0.65%
Clayton County GA 54.26% +3.50% +7.66%

Trends in the Clayton County GA Renter Fraction

At 54.26%, the 2017 household based renter fraction in Clayton County was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Clayton County GA, Georgia, US

Fraction of renters in Clayton County

History of Clayton County Renter Fraction

Date US Georgia Clayton County GA
2017 36.13% 37.12% 54.26%
2016 36.88% 38.46% 50.76%
2015 36.97% 38.16% 48.83%
2014 36.90% 37.77% 46.60%
2013 36.50% 37.34% 49.16%
2012 36.09% 36.35% 49.40%
2011 35.42% 35.42% 44.24%
2010 34.65% 33.83% 42.06%
2009 34.13% 32.96% 39.41%
2008 33.36% 32.55% 39.83%
2007 32.80% 31.46% 35.82%
2006 32.73% 32.33% 39.63%

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.