Port Wentworth, 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 Port Wentworth, Georgia rental market.

Port Wentworth, Georgia

Average Apartment Rent

$1,685

Y-o-Y Change in Average
Apartment Rent

-1.5%

As of November 2024

Compared to a year ago, Port Wentworth, Georgia apartments have recorded a -1.5% rent decrease.

Port Wentworth, 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
Port Wentworth $1,522 $1,602 $1,683 $1,717 $1,701 $1,713 $1,711 $1,706 $1,716 $1,685
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Port Wentworth
National
Nov 2021
$1,522
$1,596
Mar 2022
$1,602
$1,635
Jul 2022
$1,683
$1,708
Nov 2022
$1,717
$1,726
Mar 2023
$1,701
$1,714
Jul 2023
$1,713
$1,739
Nov 2023
$1,711
$1,733
Mar 2024
$1,706
$1,727
Jul 2024
$1,716
$1,752
Nov 2024
$1,685
$1,748

Port Wentworth, Georgia Average Apartment Rent

Port Wentworth, Georgia Apartment rent ranges

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

At 67.1%, apartments priced $1,500 - $2,000 represent the bulk of Port Wentworth, Georgia rentals, while condos priced Over $2,000 hold the lowest share of the market – 10.33%.

Port Wentworth, Georgia Housing tenure**

Renter occupied housing units 1,474
Owner occupied housing units 2,454

Renters take up 38% of Port Wentworth, Georgia real estate, occupying a total of 1,474 units, while homeowners live in 2,454 properties.

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

4.7

Renter median household income**

$46,880

Average household size of renter-occupied housing units**

2.55

Rental vacancy rate**

18.7%

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

1 bed 323
2 beds 606
3 beds 514
4 beds 31

There are 606 rentals in Port Wentworth, Georgia with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 31 units. Overall, the median number of rooms in Port Wentworth, Georgia homes for rent is 4.7.

Port Wentworth, Georgia Renter-occupied units by age of householder**

15 - 24 years 214
25 - 34 years 541
35 - 44 years 217
45 - 54 years 371
60 - 64 years 42
65 - 74 years 83

Most condos for rent in Port Wentworth, Georgia are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 45 - 54 years age group (25%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.

Port Wentworth, Georgia Renter-occupied housing units by family type**

Family households 831
Non-Family Households 643

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

With related children of the householder under 18 594
No related children of the householder under 18 880

A total of 831 apartments for rent in Port Wentworth, Georgia, or 56% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 594 units. All in all, the median size of a renter-occupied household in Port Wentworth, Georgia is 2.55.

Port Wentworth, Georgia Renter-occupied housing units by educational attainment**

Less than high school graduate 72
High school graduate (including equivalency) 312
Some college or associate's degree 368
Bachelor's degree or higher 722

In terms of education, renters holding bachelor degrees or higher make up 49% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Port Wentworth, Georgia.

Port Wentworth, Georgia Renter-occupied units by year structure built**

Built 2020 or later 170
Built 2010 - 2019 527
Built 2000 - 2009 316
Built 1990 - 1999 121
Built 1980 - 1989 36
Built 1970 - 1979 209
Built 1960 - 1969 77
Built 1950 - 1959 12

The highest share of Port Wentworth, Georgia apartment rentals, namely 36% or 527 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 316 units), and the ones Built 1970 - 1979 (14%, 209 units).

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

Moved in 2021 or later 340
Moved in 2018 to 2020 686
Moved in 2010 to 2017 406
Moved in 1990 to 1999 36

Median year renter moved into unit 2019

Most Port Wentworth, Georgia renters (47%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Port Wentworth, Georgia condos for rent is 2019.

Port Wentworth, Georgia Renter-occupied housing units by vehicles available**

No vehicle available 26
1 vehicle available 970
2 vehicles available 223
3 or more vehicles available 255

When it comes to transportation options, 66% of Port Wentworth, Georgia renters have 1 vehicle available per household, 17% of them have 3 or more vehicles available, and 15% have 2 vehicles available.

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

Car, truck, or van - drove alone 1,551
Car, truck, or van - carpooled 380
Walked 41
Taxicab, motorcycle, bicycle, or other means 26

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

Same house as 1 year ago 3,161
Moved within same county 216
Moved from different county within same state 79
Moved from different state 163
Moved from abroad 123

Port Wentworth, 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 Port Wentworth, 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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