Gray, 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 Gray, Georgia rental market.
Gray, Georgia
Average Apartment Rent
$1,366
Y-o-Y Change in Average
Apartment Rent
1.6%
As of March 2026
Compared to a year ago, Gray, Georgia apartments have recorded a 1.6% rent increase.
Gray, Georgia Average apartment rent trend
Gray, Georgia Average Apartment Rent
Gray, Georgia Apartment rent ranges
At 48.53%, apartments priced $1,500 - $2,000 represent the bulk of Gray, Georgia rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 22.06%.
Gray, Georgia Housing tenure**
Renters take up 26% of Gray, Georgia real estate, occupying a total of 306 units, while homeowners live in 882 properties.
Median number of rooms of renter-occupied housing units**
3.3
Renter median household income**
$19,259
Average household size of renter-occupied housing units**
1.32
Gray, Georgia Renter-occupied housing units by no. of bedrooms**
There are 145 rentals in Gray, Georgia with 1 bed making up the highest share of the market, at 47%. Units with 3 beds, on the other hand, hold the lowest percentage (9%), amounting to 27 units. Overall, the median number of rooms in Gray, Georgia homes for rent is 3.3.
Gray, Georgia Renter-occupied units by age of householder**
Most condos for rent in Gray, Georgia are occupied by residents in the 65 - 74 years age group (66%), followed by those in the 25 - 34 years age group (11%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Gray, Georgia Renter-occupied housing units by family type**
Gray, Georgia Renter-occupied housing units by the presence of own children**
A total of 50 apartments for rent in Gray, Georgia, or 16% of all rentals are family households. Additionally, 11% of rental homes include children under the age of 18 – that’s 35 units. All in all, the median size of a renter-occupied household in Gray, Georgia is 1.32.
Gray, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Gray, Georgia.
Gray, Georgia Renter-occupied units by year structure built**
The highest share of Gray, Georgia apartment rentals, namely 55% or 169 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (38%, 117 units), and the ones Built 1940 - 1949 (5%, 15 units).
Gray, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Gray, Georgia renters (61%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Gray, Georgia condos for rent is 2015.
Gray, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 68% of Gray, Georgia renters have 1 vehicle available per household, 25% of them have No vehicle available, and 7% have 2 or more vehicles available.
Gray, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Gray, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Gray, 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
