Lilburn, 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 Lilburn, Georgia rental market.
Highlights
An apartment for rent in Lilburn, Georgia typically goes for $1,521 per month, while a single-family home for rent in Lilburn, Georgia has a monthly cost of around $2,654. Renter-occupied units make up 41% of the local housing market, while the rental vacancy rate in Lilburn, Georgia is at 4.6.
Lilburn, Georgia
Average Apartment Rent
$1,521
Y-o-Y Change in Average
Apartment Rent
0%
Average Single-Family Rent
$2,654
As of November 2024
Compared to a year ago, Lilburn, Georgia apartments have recorded a 0% rent increase.
Lilburn, Georgia Average apartment rent trend
Lilburn, Georgia Average Apartment Rent
Lilburn, Georgia Apartment rent ranges
At 55.5%, apartments priced $1,500 - $2,000 represent the bulk of Lilburn, Georgia rentals, while condos priced $700 - $1000 hold the lowest share of the market – 1.52%.
Lilburn, Georgia Housing tenure**
Renters take up 41% of Lilburn, Georgia real estate, occupying a total of 1,984 units, while homeowners live in 2,807 properties.
Median number of rooms of renter-occupied housing units**
5
Renter median household income**
$35,469
Average household size of renter-occupied housing units**
3.24
Rental vacancy rate**
4.6%
Lilburn, Georgia Renter-occupied housing units by no. of bedrooms**
There are 602 rentals in Lilburn, Georgia with 3 beds making up the highest share of the market, at 30%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 67 units. Overall, the median number of rooms in Lilburn, Georgia homes for rent is 5.
Lilburn, Georgia Renter-occupied units by age of householder**
Most condos for rent in Lilburn, Georgia are occupied by residents in the 35 - 44 years age group (40%), followed by those in the 65 - 74 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Lilburn, Georgia Renter-occupied housing units by family type**
Lilburn, Georgia Renter-occupied housing units by the presence of own children**
A total of 1,183 apartments for rent in Lilburn, Georgia, or 60% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 806 units. All in all, the median size of a renter-occupied household in Lilburn, Georgia is 3.24.
Lilburn, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 34% of the homes for rent in Lilburn, Georgia.
Lilburn, Georgia Renter-occupied units by year structure built**
The highest share of Lilburn, Georgia apartment rentals, namely 34% or 681 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (33%, 661 units), and the ones Built 1970 - 1979 (17%, 346 units).
Lilburn, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Lilburn, Georgia renters (48%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lilburn, Georgia condos for rent is 2017.
Lilburn, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Lilburn, Georgia renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 12% have No vehicle available.
Lilburn, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Lilburn, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
Lilburn, 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 Lilburn, 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
