Fort Valley, 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 Fort Valley, Georgia rental market.
Fort Valley, Georgia
Average Apartment Rent
$881
Y-o-Y Change in Average
Apartment Rent
-0.5%
As of November 2024
Compared to a year ago, Fort Valley, Georgia apartments have recorded a -0.5% rent decrease.
Fort Valley, Georgia Average apartment rent trend
Fort Valley, Georgia Average Apartment Rent
Fort Valley, Georgia Housing tenure**
Renters take up 58% of Fort Valley, Georgia real estate, occupying a total of 1,819 units, while homeowners live in 1,299 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$23,558
Average household size of renter-occupied housing units**
2.16
Rental vacancy rate**
11.7%
Fort Valley, Georgia Renter-occupied housing units by no. of bedrooms**
There are 820 rentals in Fort Valley, Georgia with 2 beds making up the highest share of the market, at 45%. Units with 4 beds, on the other hand, hold the lowest percentage (5%), amounting to 97 units. Overall, the median number of rooms in Fort Valley, Georgia homes for rent is 4.2.
Fort Valley, Georgia Renter-occupied units by age of householder**
Most condos for rent in Fort Valley, Georgia are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Fort Valley, Georgia Renter-occupied housing units by family type**
Fort Valley, Georgia Renter-occupied housing units by the presence of own children**
A total of 896 apartments for rent in Fort Valley, Georgia, or 49% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 644 units. All in all, the median size of a renter-occupied household in Fort Valley, Georgia is 2.16.
Fort Valley, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 24% of the homes for rent in Fort Valley, Georgia.
Fort Valley, Georgia Renter-occupied units by year structure built**
The highest share of Fort Valley, Georgia apartment rentals, namely 26% or 482 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (20%, 362 units), and the ones Built 1950 - 1959 (16%, 299 units).
Fort Valley, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Fort Valley, Georgia renters (53%) moved in 2010 to 2017, while only 1% of them moved in 2021 or later. Overall, the median year renters have occupied their Fort Valley, Georgia condos for rent is 2014.
Fort Valley, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of Fort Valley, Georgia renters have 1 vehicle available per household, 22% of them have No vehicle available, and 16% have 2 vehicles available.
Fort Valley, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Fort Valley, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
Fort Valley, 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 Fort Valley, 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
