Apache County Arizona Residential Rent and Rental Statistics
The median monthly gross residential rent in Apache County AZ was $489 in 2019 according to the Census ACS survey.1 Average gross rent in Apache County was $528 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Apache County median and average rent data will be released in September of 2021.
Data is also available below for Apache County rental vacancy rates, Apache County rent as a percent of median income and the fraction of renters in Apache County.
Real Gross Rent in Apache County Arizona (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Arizona Median Gross Rent | $1,101 | +4.36% | +7.73% |
Apache County AZ Median Gross Rent | $489 | -5.60% | -5.78% |
Apache County AZ Real Gross Rent Trends
Median gross rent for Apache County peaked in real terms in 2010 at $619 and is now $130 (21.00%) lower. Average gross rent for Apache County peaked in real terms in 2010 at $608 and is now $80 (13.16%) lower. From a recent low of 444.0 in 2018, real average gross rent has now increased by $84 (18.92%).
Real Gross Rent: Apache County AZ Median, Apache County AZ Average, Arizona Median, US Median
Real Gross Rent History for Apache County
Date | US Median |
Arizona Median |
Apache County AZ Median |
Apache County AZ Average |
---|---|---|---|---|
2019 | $1,097 | $1,101 | $489 | $528 |
2018 | $1,077 | $1,055 | $518 | $444 |
2017 | $1,043 | $1,052 | $482 | $502 |
2016 | $1,027 | $1,022 | $519 | $523 |
2015 | $1,017 | $990 | $548 | $505 |
2014 | $986 | $967 | $471 | $472 |
2013 | $953 | $937 | $549 | $543 |
2012 | $940 | $945 | $523 | $520 |
2011 | $941 | $918 | $583 | $556 |
2010 | $955 | $943 | $619 | $608 |
2009 | $960 | $979 | $520 | $546 |
2007 | $927 | $962 | $555 | $495 |
2005 | $910 | $896 | $511 | $461 |
Apache County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Apache County Arizona was 8.70% according to Census ACS data.
Rental Vacancy Rate in Apache County Arizona
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Arizona | 5.32% | -0.39% | -1.09% |
Apache County AZ | 8.70% | +1.75% | -5.94% |
Trends in Apache County AZ Rental Vacancy Rate
The rental vacancy rate in Apache County peaked in 2017 at 16.38%. Since then it has fallen by 7.68% to 8.70%. Data records for this series originated in 2005.
Rental Vacancy Rate: Apache County AZ, Arizona, US
Historical Rental Vacancy Rate data for Apache County
Date | US | Arizona | Apache County AZ |
---|---|---|---|
2019 | 5.97% | 5.32% | 8.70% |
2018 | 6.15% | 5.71% | 6.95% |
2017 | 6.18% | 5.99% | 16.38% |
2016 | 5.89% | 6.41% | 14.64% |
2015 | 5.85% | 7.72% | 8.08% |
2014 | 6.32% | 8.11% | 6.58% |
2013 | 6.49% | 8.89% | 12.64% |
2012 | 6.77% | 9.01% | 13.25% |
2011 | 7.40% | 10.21% | 2.14% |
2010 | 8.17% | 11.07% | — |
2009 | 8.43% | 12.62% | — |
2007 | 7.87% | 9.22% | — |
2005 | 7.74% | 8.57% | 12.66% |
Rent as a Fraction of Income
Using median household income data for Apache County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Apache County, median monthly gross rent as a fraction of median household income was 19.25% in 2019 according to the ACS.
Apache County Arizona Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Arizona | 21.29% | +0.31% | -0.58% |
Apache County AZ | 19.25% | -0.97% | +2.09% |
Trends in Apache County AZ Rent as a Fraction of Income
The fraction of median Apache County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 22.73%. Since then it has fallen by 3.48% to 19.25%. From a 2008 low of 15.39%, the fraction of income going to rent has increased by 3.87%.
Fraction of Income towards Rent: Apache County AZ, Arizona, US
Historical Data for Annual Rent as a Fraction of Income in Apache County Arizona
Date | US | Arizona | Apache County AZ |
---|---|---|---|
2019 | 20.03% | 21.29% | 19.25% |
2018 | 20.50% | 20.98% | 20.22% |
2017 | 20.13% | 21.63% | 17.69% |
2016 | 20.43% | 21.87% | 17.16% |
2015 | 20.63% | 21.74% | 21.09% |
2014 | 20.89% | 21.95% | 16.18% |
2013 | 20.78% | 22.02% | 21.43% |
2012 | 20.65% | 22.28% | 17.43% |
2011 | 20.70% | 21.84% | 20.82% |
2010 | 20.50% | 21.65% | 21.62% |
2009 | 20.12% | 21.15% | 20.73% |
2007 | 18.66% | 19.70% | 18.55% |
2005 | 18.89% | 19.43% | 20.85% |
Renter Fraction in Apache County Arizona
You can calculate the renter fraction in Apache County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Apache County as a fraction of total Apache County households. In 2019 20.11% of households were renters according to Census ACS data.
Apache County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Arizona | 34.74% | -0.45% | -2.02% |
Apache County AZ | 20.11% | +1.76% | -1.47% |
Trends in the Apache County AZ Renter Fraction
The Apache County household renter fraction peaked in in 2009 at 25.91% and is now 5.80% below that level. From a recent low of 18.35% in 2018, the household based renter fraction has now grown by 1.76%. The origin year for the series is 2005.
Fraction of Renting Households: Apache County AZ, Arizona, US
History of Apache County Renter Fraction
Date | US | Arizona | Apache County AZ |
---|---|---|---|
2019 | 35.89% | 34.74% | 20.11% |
2018 | 36.05% | 35.19% | 18.35% |
2017 | 36.13% | 35.28% | 20.03% |
2016 | 36.88% | 36.76% | 21.58% |
2015 | 36.97% | 38.09% | 24.82% |
2014 | 36.90% | 38.86% | 25.74% |
2013 | 36.50% | 37.94% | 23.80% |
2012 | 36.09% | 37.44% | 23.67% |
2011 | 35.42% | 36.27% | 23.48% |
2010 | 34.65% | 34.75% | 24.15% |
2009 | 34.13% | 32.94% | 25.91% |
2007 | 32.80% | 31.91% | 23.08% |
2005 | 33.10% | 31.83% | 23.76% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩