Grovetown, 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 Grovetown, Georgia rental market.

Grovetown, Georgia

Average Apartment Rent

$1,289

Y-o-Y Change in Average
Apartment Rent

-2.4%

As of November 2024

Compared to a year ago, Grovetown, Georgia apartments have recorded a -2.4% rent decrease.

Grovetown, 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
Grovetown $1,233 $1,302 $1,364 $1,314 $1,310 $1,252 $1,321 $1,325 $1,321 $1,289
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Grovetown
National
Nov 2021
$1,233
$1,596
Mar 2022
$1,302
$1,635
Jul 2022
$1,364
$1,708
Nov 2022
$1,314
$1,726
Mar 2023
$1,310
$1,714
Jul 2023
$1,252
$1,739
Nov 2023
$1,321
$1,733
Mar 2024
$1,325
$1,727
Jul 2024
$1,321
$1,752
Nov 2024
$1,289
$1,748

Grovetown, Georgia Average Apartment Rent

Grovetown, Georgia Apartment rent ranges

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

At 83.81%, apartments priced $1,000 - $1,500 represent the bulk of Grovetown, Georgia rentals, while condos priced Over $2,000 hold the lowest share of the market – 0.46%.

Grovetown, Georgia Housing tenure**

Renter occupied housing units 1,888
Owner occupied housing units 2,782

Renters take up 40% of Grovetown, Georgia real estate, occupying a total of 1,888 units, while homeowners live in 2,782 properties.

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

4.6

Renter median household income**

$63,125

Average household size of renter-occupied housing units**

3.33

Rental vacancy rate**

23.6%

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

1 bed 162
2 beds 879
3 beds 507
4 beds 340

There are 879 rentals in Grovetown, Georgia with 2 beds making up the highest share of the market, at 47%. Units with 1 bed, on the other hand, hold the lowest percentage (9%), amounting to 162 units. Overall, the median number of rooms in Grovetown, Georgia homes for rent is 4.6.

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

15 - 24 years 169
25 - 34 years 521
35 - 44 years 556
45 - 54 years 291
60 - 64 years 90
65 - 74 years 208
75 - 84 years 19
85 years and over 34

Most condos for rent in Grovetown, Georgia are occupied by residents in the 35 - 44 years age group (29%), followed by those in the 25 - 34 years age group (28%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

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

Family households 1,107
Non-Family Households 781

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

With related children of the householder under 18 672
No related children of the householder under 18 1,216

A total of 1,107 apartments for rent in Grovetown, Georgia, or 59% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 672 units. All in all, the median size of a renter-occupied household in Grovetown, Georgia is 3.33.

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

Less than high school graduate 419
High school graduate (including equivalency) 253
Some college or associate's degree 623
Bachelor's degree or higher 593

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Grovetown, Georgia.

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

Built 2020 or later 102
Built 2010 - 2019 507
Built 2000 - 2009 461
Built 1990 - 1999 493
Built 1980 - 1989 254
Built 1970 - 1979 71

The highest share of Grovetown, Georgia apartment rentals, namely 27% or 507 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (26%, 493 units), and the ones Built 2000 - 2009 (24%, 461 units).

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

Moved in 2021 or later 386
Moved in 2018 to 2020 960
Moved in 2010 to 2017 512
Moved in 2000 to 2009 30

Median year renter moved into unit 2019

Most Grovetown, Georgia renters (51%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Grovetown, Georgia condos for rent is 2019.

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

No vehicle available 244
1 vehicle available 696
2 vehicles available 756
3 vehicles available 164
4 or more vehicles available 28

When it comes to transportation options, 40% of Grovetown, Georgia renters have 2 vehicles available per household, 37% of them have 1 vehicle available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 2,395
Car, truck, or van - carpooled 953
Worked at home 196

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

Same house as 1 year ago 5,842
Moved within same county 137
Moved from different county within same state 147
Moved from different state 136

Grovetown, 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 Grovetown, 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

Check out rentals available in Grovetown, Georgia