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.
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
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
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
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
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. ↩
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