Saline County Arkansas Residential Rent and Rental Statistics
The median monthly gross residential rent in Saline County AR was $846 in 2019 according to the Census ACS survey.1 Average gross rent in Saline County was $860 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 Saline County median and average rent data will be released in September of 2021.
Data is also available below for Saline County rental vacancy rates, Saline County rent as a percent of median income and the fraction of renters in Saline County.
Real Gross Rent in Saline County Arkansas (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Arkansas Median Gross Rent | $742 | -0.27% | +1.09% |
| Saline County AR Median Gross Rent | $846 | -2.87% | +8.05% |
Saline County AR Real Gross Rent Trends
Median gross rent for Saline County peaked in real terms in 2011 at $871 and is now $25 (2.87%) lower. Average gross rent for Saline County peaked in real terms in 2018 at $883 and is now $23 (2.60%) lower.
Real Gross Rent: Saline County AR Median, Saline County AR Average, Arkansas Median, US Median
Real Gross Rent History for Saline County
| Date | US Median |
Arkansas Median |
Saline County AR Median |
Saline County AR Average |
|---|---|---|---|---|
| 2019 | $1,097 | $742 | $846 | $860 |
| 2018 | $1,077 | $744 | $871 | $883 |
| 2017 | $1,043 | $733 | $861 | $807 |
| 2016 | $1,027 | $734 | $783 | $808 |
| 2015 | $1,017 | $737 | $869 | $848 |
| 2014 | $986 | $721 | $820 | $837 |
| 2013 | $953 | $694 | $814 | $799 |
| 2012 | $940 | $681 | $815 | $814 |
| 2011 | $941 | $690 | $871 | $881 |
| 2010 | $955 | $713 | $760 | $719 |
| 2009 | $960 | $691 | $830 | $767 |
| 2007 | $927 | $673 | $817 | $732 |
| 2005 | $910 | $686 | $850 | $733 |
Saline County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Saline County Arkansas was 10.52% according to Census ACS data.
Rental Vacancy Rate in Saline County Arkansas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Arkansas | 7.37% | -0.98% | -0.69% |
| Saline County AR | — | — | — |
Trends in Saline County AR Rental Vacancy Rate
The rental vacancy rate in Saline County peaked in 2010 at 11.10%. Since then it has fallen by 0.58% to 10.52%. Data records for this series originated in 2005. From a 2012 post peak low of 4.16%, the rental vacancy rate has increased by 6.36%.
Rental Vacancy Rate: Saline County AR, Arkansas, US
Historical Rental Vacancy Rate data for Saline County
| Date | US | Arkansas | Saline County AR |
|---|---|---|---|
| 2019 | 5.97% | 7.37% | — |
| 2018 | 6.15% | 8.35% | 10.52% |
| 2017 | 6.18% | 8.22% | — |
| 2016 | 5.89% | 8.06% | — |
| 2015 | 5.85% | 8.50% | — |
| 2014 | 6.32% | 9.60% | 6.25% |
| 2013 | 6.49% | 9.66% | 8.58% |
| 2012 | 6.77% | 9.13% | 4.16% |
| 2011 | 7.40% | 10.00% | 6.76% |
| 2010 | 8.17% | 10.46% | 11.10% |
| 2009 | 8.43% | 10.48% | — |
| 2007 | 7.87% | 8.73% | 7.39% |
| 2005 | 7.74% | 9.52% | — |
Rent as a Fraction of Income
Using median household income data for Saline County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Saline County, median monthly gross rent as a fraction of median household income was 15.31% in 2019 according to the ACS.
Saline County Arkansas Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Arkansas | 18.19% | -0.45% | -0.78% |
| Saline County AR | 15.31% | -0.98% | +1.48% |
Trends in Saline County AR Rent as a Fraction of Income
The fraction of median Saline County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.06%. Since then it has fallen by 2.75% to 15.31%. From a 2016 low of 13.82%, the fraction of income going to rent has increased by 1.48%.
Fraction of Income towards Rent: Saline County AR, Arkansas, US
Historical Data for Annual Rent as a Fraction of Income in Saline County Arkansas
| Date | US | Arkansas | Saline County AR |
|---|---|---|---|
| 2019 | 20.03% | 18.19% | 15.31% |
| 2018 | 20.50% | 18.64% | 16.28% |
| 2017 | 20.13% | 18.60% | 16.80% |
| 2016 | 20.43% | 18.97% | 13.82% |
| 2015 | 20.63% | 19.86% | 17.85% |
| 2014 | 20.89% | 19.86% | 17.29% |
| 2013 | 20.78% | 19.52% | 17.47% |
| 2012 | 20.65% | 19.15% | 15.85% |
| 2011 | 20.70% | 19.78% | 18.06% |
| 2010 | 20.50% | 19.99% | 15.49% |
| 2009 | 20.12% | 19.23% | 17.00% |
| 2007 | 18.66% | 18.03% | 16.65% |
| 2005 | 18.89% | 18.82% | 16.78% |
Renter Fraction in Saline County Arkansas
You can calculate the renter fraction in Saline 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 Saline County as a fraction of total Saline County households. In 2019 25.74% of households were renters according to Census ACS data.
Saline County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Arkansas | 34.53% | +0.29% | -0.92% |
| Saline County AR | 25.74% | +8.38% | +5.40% |
Trends in the Saline County AR Renter Fraction
The Saline County household renter fraction peaked in in 2009 at 26.64% and is now 0.90% below that level. From a recent low of 17.36% in 2018, the household based renter fraction has now grown by 8.38%. The origin year for the series is 2005.
Fraction of Renting Households: Saline County AR, Arkansas, US
History of Saline County Renter Fraction
| Date | US | Arkansas | Saline County AR |
|---|---|---|---|
| 2019 | 35.89% | 34.53% | 25.74% |
| 2018 | 36.05% | 34.24% | 17.36% |
| 2017 | 36.13% | 34.75% | 21.31% |
| 2016 | 36.88% | 35.45% | 20.34% |
| 2015 | 36.97% | 34.83% | 24.33% |
| 2014 | 36.90% | 34.21% | 26.53% |
| 2013 | 36.50% | 34.28% | 21.80% |
| 2012 | 36.09% | 33.76% | 18.79% |
| 2011 | 35.42% | 33.40% | 24.10% |
| 2010 | 34.65% | 32.59% | 19.94% |
| 2009 | 34.13% | 33.96% | 26.64% |
| 2007 | 32.80% | 32.27% | 23.48% |
| 2005 | 33.10% | 32.25% | 25.34% |
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. ↩
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