Department of Numbers

Glynn County Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Glynn County GA was $872 in 2017 according to the Census ACS survey.1 Average gross rent in Glynn County was $876 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 Glynn County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Glynn 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%
Glynn County GA Median Gross Rent $872 +4.81% +2.35%

Glynn County GA Real Gross Rent Trends

Median gross rent for Glynn County peaked in real terms in 2015 at $926 and is now $54 (5.83%) lower. Average gross rent for Glynn County peaked in real terms in 2010 at $897 and is now $21 (2.34%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Glynn County

Date US
Median
Georgia
Median
Glynn County GA
Median
Glynn County GA
Average
2017 $1,012 $958 $872 $876
2016 $996 $948 $832 $792
2015 $987 $935 $926 $892
2014 $956 $903 $852 $840
2013 $924 $868 $838 $828
2012 $912 $864 $775 $806
2011 $912 $873 $829 $787
2010 $927 $888 $841 $897
2009 $931 $884 $821 $818
2008 $947 $904 $805 $802
2007 $899 $875 $863 $800
2006 $909 $879 $831 $766

Glynn 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 Glynn County Georgia was 4.28% according to Census ACS data.

Rental Vacancy Rate in Glynn County Georgia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Georgia 6.73% +0.58% -1.44%
Glynn County GA 4.28% -9.89% -1.68%

Trends in Glynn County GA Rental Vacancy Rate

The rental vacancy rate in Glynn County peaked in 2011 at 14.59%. Since then it has fallen by 10.31% to 4.28%. Data records for this series originated in 2005.

Rental Vacancy Rate: Glynn County GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Glynn County

Date US Georgia Glynn County GA
2017 6.18% 6.73% 4.28%
2016 5.89% 6.15% 14.17%
2015 5.85% 6.47%
2014 6.32% 8.17% 5.96%
2013 6.49% 9.26% 10.53%
2012 6.77% 9.53% 10.59%
2011 7.40% 10.72% 14.59%
2010 8.17% 11.72% 8.11%
2009 8.43% 12.32% 6.02%
2008 7.86% 10.89% 1.71%
2007 7.87% 10.54%
2006 7.70% 10.33% 5.89%

Rent as a Fraction of Income

Using median household income data for Glynn County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Glynn County, median monthly gross rent as a fraction of median household income was 20.52% in 2017 according to the ACS.

Glynn 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%
Glynn County GA 20.52% +0.43% -0.57%

Trends in Glynn County GA Rent as a Fraction of Income

The fraction of median Glynn County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 23.74%. Since then it has fallen by 3.22% to 20.52%.

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

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

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

Date US Georgia Glynn County GA
2017 20.13% 20.46% 20.52%
2016 20.43% 20.90% 20.09%
2015 20.63% 21.29% 23.41%
2014 20.89% 21.46% 21.09%
2013 20.78% 21.33% 23.74%
2012 20.65% 21.28% 20.16%
2011 20.70% 21.73% 20.76%
2010 20.50% 21.17% 22.25%
2009 20.12% 20.17% 18.67%
2008 19.00% 18.57% 15.14%
2007 18.66% 18.76% 19.55%
2006 18.90% 18.91% 16.35%

Renter Fraction in Glynn County Georgia

You can calculate the renter fraction in Glynn 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 Glynn County as a fraction of total Glynn County households. In 2017 31.90% of households were renters according to Census ACS data.

Glynn 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%
Glynn County GA 31.90% -6.42% -5.87%

Trends in the Glynn County GA Renter Fraction

The Glynn County household renter fraction peaked in in 2015 at 42.87% and is now 10.97% below that level. The origin year for the series is 2005.

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

Fraction of renters in Glynn County

History of Glynn County Renter Fraction

Date US Georgia Glynn County GA
2017 36.13% 37.12% 31.90%
2016 36.88% 38.46% 38.32%
2015 36.97% 38.16% 42.87%
2014 36.90% 37.77% 37.77%
2013 36.50% 37.34% 39.87%
2012 36.09% 36.35% 36.91%
2011 35.42% 35.42% 35.67%
2010 34.65% 33.83% 39.48%
2009 34.13% 32.96% 38.56%
2008 33.36% 32.55% 35.47%
2007 32.80% 31.46% 37.79%
2006 32.73% 32.33% 33.74%

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.