Dalton Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Dalton, GA (the Dalton metro area) was $704 in 2019 according to the Census ACS survey.1 Average gross rent in Dalton was $691 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 Dalton median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Dalton 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% |
| Dalton, GA Median Gross Rent | $704 | -1.81% | +0.14% |
Dalton, GA Real Gross Rent Trends
Median gross rent for Dalton peaked in real terms in 2010 at $770 and is now $66 (8.57%) lower. From a recent low of 649.0 in 2012, real median gross rent has now increased by $55 (8.47%). Average gross rent for Dalton peaked in real terms in 2010 at $742 and is now $51 (6.87%) lower. From a recent low of 600.0 in 2012, real average gross rent has now increased by $91 (15.17%).
Real Gross Rent in Dalton: Dalton GA Median, Dalton GA Average, Georgia Median, US Median
Real Gross Rent History for Dalton
| Date | US Median |
Georgia Median |
Dalton, GA Median |
Dalton, GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $704 | $691 |
| 2018 | $1,077 | $1,026 | $717 | $703 |
| 2017 | $1,043 | $988 | $716 | $687 |
| 2016 | $1,027 | $977 | $703 | $650 |
| 2015 | $1,017 | $964 | $714 | $727 |
| 2014 | $986 | $931 | $685 | $646 |
| 2013 | $953 | $895 | $689 | $661 |
| 2012 | $940 | $890 | $649 | $600 |
| 2011 | $941 | $900 | $706 | $651 |
| 2010 | $955 | $915 | $770 | $742 |
| 2009 | $960 | $912 | $694 | $633 |
| 2007 | $927 | $902 | $657 | $605 |
| 2005 | $910 | $886 | $683 | $621 |
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
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| 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
Historical Rental Vacancy Rate data for Dalton
| Date | US | Georgia | Dalton, GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | — |
| 2018 | 6.15% | 7.23% | — |
| 2017 | 6.18% | 6.73% | — |
| 2016 | 5.89% | 6.15% | — |
| 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% |
| 2007 | 7.87% | 10.54% | — |
| 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 16.26% in 2019 according to the ACS.
Dalton 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% |
| Dalton, GA | 16.26% | -2.38% | -2.32% |
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 6.09% to 16.26%.
Fraction of Income towards Rent: Dalton GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Dalton Georgia
| Date | US | Georgia | Dalton, GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 16.26% |
| 2018 | 20.50% | 20.59% | 18.64% |
| 2017 | 20.13% | 20.46% | 20.10% |
| 2016 | 20.43% | 20.90% | 18.58% |
| 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% |
| 2007 | 18.66% | 18.76% | 18.45% |
| 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 2019 29.12% of households were renters according to Census ACS data.
Dalton 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% |
| Dalton, GA | 29.12% | -4.88% | -6.48% |
Trends in the Dalton, GA Renter Fraction
The Dalton household renter fraction peaked in in 2017 at 38.38% and is now 9.26% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Dalton GA, Georgia, US
History of Dalton Renter Fraction
| Date | US | Georgia | Dalton, GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 29.12% |
| 2018 | 36.05% | 36.20% | 34.00% |
| 2017 | 36.13% | 37.12% | 38.38% |
| 2016 | 36.88% | 38.46% | 35.60% |
| 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% |
| 2007 | 32.80% | 31.46% | 31.53% |
| 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. ↩
