Lawrenceville, 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 Lawrenceville, Georgia rental market.
An apartment for rent in Lawrenceville, Georgia typically goes for $1,281 per month, while a single-family home for rent in Lawrenceville, Georgia has a monthly cost of around $1,630. Renter-occupied units make up 51% of the local housing market, while the rental vacancy rate in Lawrenceville, Georgia is at 10.9.
Average Apartment Rent
Y-o-Y Change in Average
Average Single-Family Rent*
Compared to a year ago, Lawrenceville, Georgia apartments have recorded a 0% rent increase.
Lawrenceville, Georgia |Average apartment rent trend
Lawrenceville, Georgia| Average apartment rent
Lawrenceville, Georgia | Apartment rent ranges
At 76.31%, apartments priced $1,000 - $1,500 represent the bulk of Lawrenceville, Georgia rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.06%.
Lawrenceville, Georgia | Housing tenure**
Renters take up 51% of Lawrenceville, Georgia real estate, occupying a total of 5,272 units, while homeowners live in 5,105 properties.
Median number of rooms of renter-occupied housing units**
Renter Median household income**
Average household size of renter occupied-housing units**
Rental vacancy rate**
Lawrenceville, Georgia | Renter-occupied housing units by no. of bedrooms**
There are 2,695 rentals in Lawrenceville, Georgia with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 65 units. Overall, the median number of rooms in Lawrenceville, Georgia homes for rent is 4.4.
Lawrenceville, Georgia |Renter-occupied units by age of householder**
Most condos for rent in Lawrenceville, Georgia are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Lawrenceville, Georgia | Renter-occupied housing units by family type**
Lawrenceville, Georgia | Renter-occupied housing units by the presence of own children**
A total of 2,798 apartments for rent in Lawrenceville, Georgia, or 53% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 1,864 units. All in all, the median size of a renter-occupied household in Lawrenceville, Georgia is 2.67.
Lawrenceville, Georgia | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Lawrenceville, Georgia.
Lawrenceville, Georgia | Renter-occupied units by year structure built**
The highest share of Lawrenceville, Georgia apartment rentals, namely 33% or 1,740 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (21%, 1,116 units), and the ones Built 2000 - 2009 (21%, 1,098 units).
Lawrenceville, Georgia | Renter-occupied units by year householder moved in**
Median year renter moved into unit2013
Most Lawrenceville, Georgia renters (53%) moved in 2010 to 2014, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lawrenceville, Georgia condos for rent is 2013.
Lawrenceville, Georgia | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Lawrenceville, Georgia renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 12% have No vehicle available.
Lawrenceville, Georgia | Means of transportation to work of householders living in renter-occupied housing units**
Lawrenceville, Georgia |Geographical mobility in the past year for householders living in renter-occupies housing units**
Lawrenceville, 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 Lawrenceville, 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, 2018 American Community Survey 5-Year Estimates