Flowery Branch, Georgia Rental Market Trends
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 Flowery Branch, Georgia rental market.
Flowery Branch, Georgia
Average Apartment Rent
$1,695
Y-o-Y Change in Average
Apartment Rent
-3.6%
As of November 2024
Compared to a year ago, Flowery Branch, Georgia apartments have recorded a -3.6% rent decrease.
Flowery Branch, Georgia Average apartment rent trend
Flowery Branch, Georgia Average Apartment Rent
Flowery Branch, Georgia Apartment rent ranges
At 40.63%, apartments priced $1,500 - $2,000 represent the bulk of Flowery Branch, Georgia rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.59%.
Flowery Branch, Georgia Housing tenure**
Renters take up 29% of Flowery Branch, Georgia real estate, occupying a total of 1,014 units, while homeowners live in 2,502 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$60,667
Average household size of renter-occupied housing units**
2.42
Rental vacancy rate**
8.9%
Flowery Branch, Georgia Renter-occupied housing units by no. of bedrooms**
There are 461 rentals in Flowery Branch, Georgia with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (5%), amounting to 53 units. Overall, the median number of rooms in Flowery Branch, Georgia homes for rent is 4.1.
Flowery Branch, Georgia Renter-occupied units by age of householder**
Most condos for rent in Flowery Branch, Georgia are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.
Flowery Branch, Georgia Renter-occupied housing units by family type**
Flowery Branch, Georgia Renter-occupied housing units by the presence of own children**
A total of 444 apartments for rent in Flowery Branch, Georgia, or 44% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 300 units. All in all, the median size of a renter-occupied household in Flowery Branch, Georgia is 2.42.
Flowery Branch, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Flowery Branch, Georgia.
Flowery Branch, Georgia Renter-occupied units by year structure built**
The highest share of Flowery Branch, Georgia apartment rentals, namely 42% or 421 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (14%, 144 units), and the ones Built 1990 - 1999 (13%, 132 units).
Flowery Branch, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Flowery Branch, Georgia renters (37%) moved in 2010 to 2017, while only 7% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Flowery Branch, Georgia condos for rent is 2019.
Flowery Branch, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Flowery Branch, Georgia renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 9% have 3 vehicles available.
Flowery Branch, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Flowery Branch, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
Flowery Branch, 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 Flowery Branch, 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
