Mohave County Arizona Residential Rent and Rental Statistics
The median monthly gross residential rent in Mohave County AZ was $873 in 2019 according to the Census ACS survey.1 Average gross rent in Mohave County was $807 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 Mohave County median and average rent data will be released in September of 2021.
Data is also available below for Mohave County rental vacancy rates, Mohave County rent as a percent of median income and the fraction of renters in Mohave County.
Real Gross Rent in Mohave 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% |
| Mohave County AZ Median Gross Rent | $873 | +7.51% | +5.95% |
Mohave County AZ Real Gross Rent Trends
Median gross rent for Mohave County peaked in real terms in 2008 at $990 and is now $117 (11.82%) lower. From a recent low of 787.0 in 2015, real median gross rent has now increased by $86 (10.93%). Average gross rent for Mohave County peaked in real terms in 2005 at $926 and is now $119 (12.85%) lower. From a recent low of 728.0 in 2018, real average gross rent has now increased by $79 (10.85%).
Real Gross Rent: Mohave County AZ Median, Mohave County AZ Average, Arizona Median, US Median
Real Gross Rent History for Mohave County
| Date | US Median |
Arizona Median |
Mohave County AZ Median |
Mohave County AZ Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,101 | $873 | $807 |
| 2018 | $1,077 | $1,055 | $812 | $728 |
| 2017 | $1,043 | $1,052 | $807 | $748 |
| 2016 | $1,027 | $1,022 | $824 | $823 |
| 2015 | $1,017 | $990 | $787 | $777 |
| 2014 | $986 | $967 | $812 | $782 |
| 2013 | $953 | $937 | $803 | $752 |
| 2012 | $940 | $945 | $843 | $776 |
| 2011 | $941 | $918 | $863 | $795 |
| 2010 | $955 | $943 | $851 | $841 |
| 2009 | $960 | $979 | $891 | $890 |
| 2007 | $927 | $962 | $953 | $874 |
| 2005 | $910 | $896 | $931 | $926 |
Mohave 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 Mohave County Arizona was 1.82% according to Census ACS data.
Rental Vacancy Rate in Mohave County Arizona
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Arizona | 5.32% | -0.39% | -1.09% |
| Mohave County AZ | 1.82% | -1.39% | -3.60% |
Trends in Mohave County AZ Rental Vacancy Rate
The rental vacancy rate in Mohave County peaked in 2011 at 15.61%. Since then it has fallen by 13.79% to 1.82%. Data records for this series originated in 2005.
Rental Vacancy Rate: Mohave County AZ, Arizona, US
Historical Rental Vacancy Rate data for Mohave County
| Date | US | Arizona | Mohave County AZ |
|---|---|---|---|
| 2019 | 5.97% | 5.32% | 1.82% |
| 2018 | 6.15% | 5.71% | 3.21% |
| 2017 | 6.18% | 5.99% | 5.25% |
| 2016 | 5.89% | 6.41% | 5.42% |
| 2015 | 5.85% | 7.72% | 6.87% |
| 2014 | 6.32% | 8.11% | 12.02% |
| 2013 | 6.49% | 8.89% | 7.59% |
| 2012 | 6.77% | 9.01% | 7.63% |
| 2011 | 7.40% | 10.21% | 15.61% |
| 2010 | 8.17% | 11.07% | 7.33% |
| 2009 | 8.43% | 12.62% | 13.61% |
| 2007 | 7.87% | 9.22% | 11.00% |
| 2005 | 7.74% | 8.57% | 3.02% |
Rent as a Fraction of Income
Using median household income data for Mohave County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Mohave County, median monthly gross rent as a fraction of median household income was 20.88% in 2019 according to the ACS.
Mohave 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% |
| Mohave County AZ | 20.88% | +0.09% | -1.38% |
Trends in Mohave County AZ Rent as a Fraction of Income
The fraction of median Mohave County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 27.59%. Since then it has fallen by 6.71% to 20.88%. From a 2018 low of 20.79%, the fraction of income going to rent has increased by 0.09%.
Fraction of Income towards Rent: Mohave County AZ, Arizona, US
Historical Data for Annual Rent as a Fraction of Income in Mohave County Arizona
| Date | US | Arizona | Mohave County AZ |
|---|---|---|---|
| 2019 | 20.03% | 21.29% | 20.88% |
| 2018 | 20.50% | 20.98% | 20.79% |
| 2017 | 20.13% | 21.63% | 22.21% |
| 2016 | 20.43% | 21.87% | 22.26% |
| 2015 | 20.63% | 21.74% | 21.77% |
| 2014 | 20.89% | 21.95% | 24.49% |
| 2013 | 20.78% | 22.02% | 23.44% |
| 2012 | 20.65% | 22.28% | 27.59% |
| 2011 | 20.70% | 21.84% | 26.65% |
| 2010 | 20.50% | 21.65% | 25.08% |
| 2009 | 20.12% | 21.15% | 22.92% |
| 2007 | 18.66% | 19.70% | 24.34% |
| 2005 | 18.89% | 19.43% | 25.20% |
Renter Fraction in Mohave County Arizona
You can calculate the renter fraction in Mohave 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 Mohave County as a fraction of total Mohave County households. In 2019 27.78% of households were renters according to Census ACS data.
Mohave 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% |
| Mohave County AZ | 27.78% | -1.70% | -3.69% |
Trends in the Mohave County AZ Renter Fraction
The Mohave County household renter fraction peaked in in 2012 at 35.71% and is now 7.93% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Mohave County AZ, Arizona, US
History of Mohave County Renter Fraction
| Date | US | Arizona | Mohave County AZ |
|---|---|---|---|
| 2019 | 35.89% | 34.74% | 27.78% |
| 2018 | 36.05% | 35.19% | 29.48% |
| 2017 | 36.13% | 35.28% | 30.02% |
| 2016 | 36.88% | 36.76% | 31.47% |
| 2015 | 36.97% | 38.09% | 32.83% |
| 2014 | 36.90% | 38.86% | 32.79% |
| 2013 | 36.50% | 37.94% | 33.20% |
| 2012 | 36.09% | 37.44% | 35.71% |
| 2011 | 35.42% | 36.27% | 30.83% |
| 2010 | 34.65% | 34.75% | 29.27% |
| 2009 | 34.13% | 32.94% | 27.90% |
| 2007 | 32.80% | 31.91% | 29.86% |
| 2005 | 33.10% | 31.83% | 27.96% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Arizona
- / Mohave County
