Lagrange, 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 Lagrange, Georgia rental market.
Highlights
An apartment for rent in Lagrange, Georgia typically goes for $1,322 per month, while a single-family home for rent in Lagrange, Georgia has a monthly cost of around $1,728. Renter-occupied units make up 59% of the local housing market, while the rental vacancy rate in Lagrange, Georgia is at 5.2.
Lagrange, Georgia
Average Apartment Rent
$1,322
Y-o-Y Change in Average
Apartment Rent
0.1%
Average Single-Family Rent
$1,728
As of November 2024
Compared to a year ago, Lagrange, Georgia apartments have recorded a 0.1% rent increase.
Lagrange, Georgia Average apartment rent trend
Lagrange, Georgia Average Apartment Rent
Lagrange, Georgia Apartment rent ranges
At 72.07%, apartments priced $1,000 - $1,500 represent the bulk of Lagrange, Georgia rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.04%.
Lagrange, Georgia Housing tenure**
Renters take up 59% of Lagrange, Georgia real estate, occupying a total of 7,104 units, while homeowners live in 5,027 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$30,837
Average household size of renter-occupied housing units**
2.31
Rental vacancy rate**
5.2%
Lagrange, Georgia Renter-occupied housing units by no. of bedrooms**
There are 3,305 rentals in Lagrange, Georgia with 2 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 266 units. Overall, the median number of rooms in Lagrange, Georgia homes for rent is 4.5.
Lagrange, Georgia Renter-occupied units by age of householder**
Most condos for rent in Lagrange, Georgia are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Lagrange, Georgia Renter-occupied housing units by family type**
Lagrange, Georgia Renter-occupied housing units by the presence of own children**
A total of 3,418 apartments for rent in Lagrange, Georgia, or 48% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 2,497 units. All in all, the median size of a renter-occupied household in Lagrange, Georgia is 2.31.
Lagrange, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Lagrange, Georgia.
Lagrange, Georgia Renter-occupied units by year structure built**
The highest share of Lagrange, Georgia apartment rentals, namely 19% or 1,370 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (16%, 1,119 units), and the ones Built 1980 - 1989 (14%, 1,023 units).
Lagrange, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Lagrange, Georgia renters (50%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lagrange, Georgia condos for rent is 2016.
Lagrange, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Lagrange, Georgia renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 19% have No vehicle available.
Lagrange, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Lagrange, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
Lagrange, 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 Lagrange, 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
