Perry, 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 Perry, Georgia rental market.

Perry, Georgia

Average Apartment Rent

$1,155

Y-o-Y Change in Average
Apartment Rent

1.8%

As of November 2024

Compared to a year ago, Perry, Georgia apartments have recorded a 1.8% rent increase.

Perry, 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
Perry $1,012 $975 $1,116 $1,122 $1,127 $1,161 $1,135 $1,122 $1,146 $1,155
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Perry
National
Nov 2021
$1,012
$1,596
Mar 2022
$975
$1,635
Jul 2022
$1,116
$1,708
Nov 2022
$1,122
$1,726
Mar 2023
$1,127
$1,714
Jul 2023
$1,161
$1,739
Nov 2023
$1,135
$1,733
Mar 2024
$1,122
$1,727
Jul 2024
$1,146
$1,752
Nov 2024
$1,155
$1,748

Perry, Georgia Average Apartment Rent

Perry, Georgia Apartment rent ranges

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

At 84.29%, apartments priced $1,000 - $1,500 represent the bulk of Perry, Georgia rentals, while condos priced $700 - $1000 hold the lowest share of the market – 15.71%.

Perry, Georgia Housing tenure**

Renter occupied housing units 2,693
Owner occupied housing units 5,554

Renters take up 33% of Perry, Georgia real estate, occupying a total of 2,693 units, while homeowners live in 5,554 properties.

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

4.5

Renter median household income**

$39,425

Average household size of renter-occupied housing units**

2.35

Rental vacancy rate**

8.3%

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

No bedrooms 61
1 bed 436
2 beds 1,225
3 beds 919
4 beds 52

There are 1,225 rentals in Perry, 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 (2%), amounting to 52 units. Overall, the median number of rooms in Perry, Georgia homes for rent is 4.5.

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

15 - 24 years 222
25 - 34 years 425
35 - 44 years 581
45 - 54 years 540
55 - 59 years 206
60 - 64 years 86
65 - 74 years 399
75 - 84 years 196
85 years and over 38

Most condos for rent in Perry, Georgia are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 1,522
Non-Family Households 1,171

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

With related children of the householder under 18 941
No related children of the householder under 18 1,752

A total of 1,522 apartments for rent in Perry, Georgia, or 57% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 941 units. All in all, the median size of a renter-occupied household in Perry, Georgia is 2.35.

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

Less than high school graduate 267
High school graduate (including equivalency) 867
Some college or associate's degree 950
Bachelor's degree or higher 609

In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Perry, Georgia.

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

Built 2010 - 2019 572
Built 2000 - 2009 466
Built 1990 - 1999 659
Built 1980 - 1989 351
Built 1970 - 1979 178
Built 1960 - 1969 298
Built 1950 - 1959 119
Built 1940 - 1949 35
Built 1939 or earlier 15

The highest share of Perry, Georgia apartment rentals, namely 24% or 659 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (21%, 572 units), and the ones Built 2000 - 2009 (17%, 466 units).

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

Moved in 2021 or later 335
Moved in 2018 to 2020 1,064
Moved in 2010 to 2017 961
Moved in 2000 to 2009 155
Moved in 1990 to 1999 89
Moved in 1989 or earlier 89

Median year renter moved into unit 2018

Most Perry, Georgia renters (40%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Perry, Georgia condos for rent is 2018.

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

No vehicle available 410
1 vehicle available 1,175
2 vehicles available 651
3 vehicles available 241
4 or more vehicles available 216

When it comes to transportation options, 44% of Perry, Georgia renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 15% have No vehicle available.

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

Car, truck, or van - drove alone 2,708
Car, truck, or van - carpooled 58
Walked 33
Worked at home 268

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

Same house as 1 year ago 4,796
Moved within same county 408
Moved from different county within same state 735
Moved from different state 173
Moved from abroad 164

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 Perry, 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

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