Auburn, Georgia Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Auburn, Georgia rental market.

Auburn, Georgia

Average Apartment Rent

$1,732

Y-o-Y Change in Average
Apartment Rent

2%

As of November 2024

Compared to a year ago, Auburn, Georgia apartments have recorded a 2% rent increase.

Auburn, Georgia Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Auburn $1,713 $1,755 $1,822 $1,785 $1,812 $1,760 $1,698 $1,781 $1,749 $1,732
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Auburn
National
Nov 2021
$1,713
$1,596
Mar 2022
$1,755
$1,635
Jul 2022
$1,822
$1,708
Nov 2022
$1,785
$1,726
Mar 2023
$1,812
$1,714
Jul 2023
$1,760
$1,739
Nov 2023
$1,698
$1,733
Mar 2024
$1,781
$1,727
Jul 2024
$1,749
$1,752
Nov 2024
$1,732
$1,748

Auburn, Georgia Average Apartment Rent

Auburn, Georgia Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 48.09%, apartments priced $1,500 - $2,000 represent the bulk of Auburn, Georgia rentals, while condos priced $700 - $1000 hold the lowest share of the market – 2.01%.

Auburn, Georgia Housing tenure**

Renter occupied housing units 532
Owner occupied housing units 2,155

Renters take up 20% of Auburn, Georgia real estate, occupying a total of 532 units, while homeowners live in 2,155 properties.

Median number of rooms of renter-occupied housing units**

5.3

Renter median household income**

$46,458

Average household size of renter-occupied housing units**

2.74

Rental vacancy rate**

5.7%

Auburn, Georgia Renter-occupied housing units by no. of bedrooms**

1 bed 9
2 beds 289
3 beds 191
4 beds 43

There are 289 rentals in Auburn, Georgia with 2 beds making up the highest share of the market, at 54%. Units with 1 bed, on the other hand, hold the lowest percentage (2%), amounting to 9 units. Overall, the median number of rooms in Auburn, Georgia homes for rent is 5.3.

Auburn, Georgia Renter-occupied units by age of householder**

15 - 24 years 16
25 - 34 years 142
35 - 44 years 148
45 - 54 years 96
55 - 59 years 25
65 - 74 years 62
75 - 84 years 43

Most condos for rent in Auburn, Georgia are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 25 - 34 years age group (27%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

Auburn, Georgia Renter-occupied housing units by family type**

Family households 365
Non-Family Households 167

Auburn, Georgia Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 269
No related children of the householder under 18 263

A total of 365 apartments for rent in Auburn, Georgia, or 69% of all rentals are family households. Additionally, 51% of rental homes include children under the age of 18 – that’s 269 units. All in all, the median size of a renter-occupied household in Auburn, Georgia is 2.74.

Auburn, Georgia Renter-occupied housing units by educational attainment**

Less than high school graduate 82
High school graduate (including equivalency) 185
Some college or associate's degree 248
Bachelor's degree or higher 17

In terms of education, renters holding bachelor degrees or higher make up 3% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Auburn, Georgia.

Auburn, Georgia Renter-occupied units by year structure built**

Built 2010 - 2019 23
Built 2000 - 2009 130
Built 1990 - 1999 133
Built 1980 - 1989 167
Built 1970 - 1979 16
Built 1960 - 1969 44
Built 1950 - 1959 19

The highest share of Auburn, Georgia apartment rentals, namely 31% or 167 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (25%, 133 units), and the ones Built 2000 - 2009 (24%, 130 units).

Auburn, Georgia Renter-occupied units by year householder moved in**

Moved in 2021 or later 61
Moved in 2018 to 2020 199
Moved in 2010 to 2017 162
Moved in 2000 to 2009 86
Moved in 1990 to 1999 24

Median year renter moved into unit 2018

Most Auburn, Georgia renters (37%) moved in 2018 to 2020, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Auburn, Georgia condos for rent is 2018.

Auburn, Georgia Renter-occupied housing units by vehicles available**

No vehicle available 40
1 vehicle available 220
2 vehicles available 240
3 vehicles available 5
5 or more vehicles available 27

When it comes to transportation options, 45% of Auburn, Georgia renters have 2 vehicles available per household, 41% of them have 1 vehicle available, and 8% have No vehicle available.

Auburn, Georgia Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 468
Car, truck, or van - carpooled 131
Worked at home 6

Auburn, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,202
Moved from different county within same state 213
Moved from different state 33

Auburn, Georgia Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Auburn, Georgia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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