Department of Numbers

Hinesville Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Hinesville, GA (the Hinesville-Fort Stewart metro area) was $951 in 2017 according to the Census ACS survey.1 Average gross rent in Hinesville was $933 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 Hinesville median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Hinesville 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%
Hinesville, GA Median Gross Rent $951 -7.49% -7.13%

Hinesville, GA Real Gross Rent Trends

Median gross rent for Hinesville peaked in real terms in 2016 at $1,028 and is now $77 (7.49%) lower. Average gross rent for Hinesville peaked in real terms in 2016 at $954 and is now $21 (2.20%) lower.

Real Gross Rent in Hinesville: Hinesville GA Median, Hinesville GA Average, Georgia Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Hinesville

Date US
Median
Georgia
Median
Hinesville, GA
Median
Hinesville, GA
Average
2017 $1,012 $958 $951 $933
2016 $996 $948 $1,028 $954
2015 $987 $935 $937 $915
2014 $956 $903 $1,024 $923
2013 $924 $868 $922 $892
2012 $912 $864 $958 $884
2011 $912 $873 $890 $878
2010 $927 $888 $965 $940
2009 $931 $884 $847 $822
2008 $947 $904 $834 $786
2007 $899 $875 $818 $755
2006 $909 $879 $771 $736

Hinesville 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 Hinesville Georgia was 14.04% according to Census ACS data.

Rental Vacancy Rate in Hinesville Georgia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Georgia 6.73% +0.58% -1.44%
Hinesville, GA 14.04% +8.59% +1.09%

Trends in Hinesville, GA Rental Vacancy Rate

The rental vacancy rate in Hinesville peaked in 2013 at 15.28%. Since then it has fallen by 1.24% to 14.04%. Data records for this series originated in 2006. From a 2016 post peak low of 5.45%, the rental vacancy rate has increased by 8.59%.

Rental Vacancy Rate: Hinesville GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Hinesville

Date US Georgia Hinesville, GA
2017 6.18% 6.73% 14.04%
2016 5.89% 6.15% 5.45%
2015 5.85% 6.47% 15.05%
2014 6.32% 8.17% 12.95%
2013 6.49% 9.26% 15.28%
2012 6.77% 9.53%
2011 7.40% 10.72%
2010 8.17% 11.72% 9.92%
2009 8.43% 12.32% 7.47%
2008 7.86% 10.89%
2007 7.87% 10.54%
2006 7.70% 10.33%

Rent as a Fraction of Income

Using median household income data for Hinesville, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Hinesville, median monthly gross rent as a fraction of median household income was 23.12% in 2017 according to the ACS.

Hinesville 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%
Hinesville, GA 23.12% -3.14% -4.58%

Trends in Hinesville, GA Rent as a Fraction of Income

The fraction of median Hinesville household income required to pay median monthly gross rent peaked in 2015 (relative to the 2006 series origin) at 29.38%. Since then it has fallen by 6.26% to 23.12%.

Fraction of Income towards Rent: Hinesville GA, Georgia, US

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

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

Date US Georgia Hinesville, GA
2017 20.13% 20.46% 23.12%
2016 20.43% 20.90% 26.26%
2015 20.63% 21.29% 29.38%
2014 20.89% 21.46% 27.69%
2013 20.78% 21.33% 26.72%
2012 20.65% 21.28% 25.71%
2011 20.70% 21.73% 23.91%
2010 20.50% 21.17% 28.45%
2009 20.12% 20.17% 20.82%
2008 19.00% 18.57% 21.60%
2007 18.66% 18.76% 20.73%
2006 18.90% 18.91% 18.99%

Renter Fraction in Hinesville Georgia

You can calculate the renter fraction in Hinesville 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 Hinesville as a fraction of total Hinesville households. In 2017 46.08% of households were renters according to Census ACS data.

Hinesville 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%
Hinesville, GA 46.08% -8.98% -5.37%

Trends in the Hinesville, GA Renter Fraction

The Hinesville household renter fraction peaked in in 2016 at 55.06% and is now 8.98% below that level. The origin year for the series is 2006.

Fraction of Renting Households: Hinesville GA, Georgia, US

Fraction of renters in Hinesville

History of Hinesville Renter Fraction

Date US Georgia Hinesville, GA
2017 36.13% 37.12% 46.08%
2016 36.88% 38.46% 55.06%
2015 36.97% 38.16% 50.27%
2014 36.90% 37.77% 51.45%
2013 36.50% 37.34% 52.23%
2012 36.09% 36.35% 47.23%
2011 35.42% 35.42% 45.63%
2010 34.65% 33.83% 40.65%
2009 34.13% 32.96% 49.55%
2008 33.36% 32.55% 53.14%
2007 32.80% 31.46% 49.32%
2006 32.73% 32.33% 54.92%

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.