White County Arkansas Residential Rent and Rental Statistics
The median monthly gross residential rent in White County AR was $622 in 2019 according to the Census ACS survey.1 Average gross rent in White County was $643 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 White County median and average rent data will be released in September of 2021.
Data is also available below for White County rental vacancy rates, White County rent as a percent of median income and the fraction of renters in White County.
Real Gross Rent in White 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% |
| White County AR Median Gross Rent | $622 | -8.93% | -10.89% |
White County AR Real Gross Rent Trends
Median gross rent for White County peaked in real terms in 2017 at $726 and is now $104 (14.33%) lower. Average gross rent for White County peaked in real terms in 2016 at $676 and is now $33 (4.88%) lower.
Real Gross Rent: White County AR Median, White County AR Average, Arkansas Median, US Median
Real Gross Rent History for White County
| Date | US Median |
Arkansas Median |
White County AR Median |
White County AR Average |
|---|---|---|---|---|
| 2019 | $1,097 | $742 | $622 | $643 |
| 2018 | $1,077 | $744 | $683 | $596 |
| 2017 | $1,043 | $733 | $726 | $668 |
| 2016 | $1,027 | $734 | $698 | $676 |
| 2015 | $1,017 | $737 | $716 | $626 |
| 2014 | $986 | $721 | $659 | $644 |
| 2013 | $953 | $694 | $698 | $657 |
| 2012 | $940 | $681 | $652 | $636 |
| 2011 | $941 | $690 | $617 | $620 |
| 2010 | $955 | $713 | $685 | $630 |
| 2009 | $960 | $691 | $645 | $621 |
| 2007 | $927 | $673 | $654 | $531 |
| 2005 | $910 | $686 | $611 | $539 |
White 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 White County Arkansas was 11.33% according to Census ACS data.
Rental Vacancy Rate in White County Arkansas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Arkansas | 7.37% | -0.98% | -0.69% |
| White County AR | 11.33% | +4.53% | -2.29% |
Trends in White County AR Rental Vacancy Rate
The rental vacancy rate in White County peaked in 2012 at 17.75%. Since then it has fallen by 6.42% to 11.33%. Data records for this series originated in 2005. From a 2015 post peak low of 5.16%, the rental vacancy rate has increased by 6.17%.
Rental Vacancy Rate: White County AR, Arkansas, US
Historical Rental Vacancy Rate data for White County
| Date | US | Arkansas | White County AR |
|---|---|---|---|
| 2019 | 5.97% | 7.37% | 11.33% |
| 2018 | 6.15% | 8.35% | 6.80% |
| 2017 | 6.18% | 8.22% | — |
| 2016 | 5.89% | 8.06% | 13.62% |
| 2015 | 5.85% | 8.50% | 5.16% |
| 2014 | 6.32% | 9.60% | — |
| 2013 | 6.49% | 9.66% | 7.93% |
| 2012 | 6.77% | 9.13% | 17.75% |
| 2011 | 7.40% | 10.00% | — |
| 2010 | 8.17% | 10.46% | — |
| 2009 | 8.43% | 10.48% | — |
| 2007 | 7.87% | 8.73% | — |
| 2005 | 7.74% | 9.52% | — |
Rent as a Fraction of Income
Using median household income data for White County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For White County, median monthly gross rent as a fraction of median household income was 17.20% in 2019 according to the ACS.
White 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% |
| White County AR | 17.20% | -1.85% | -1.48% |
Trends in White County AR Rent as a Fraction of Income
The fraction of median White County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 20.78%. Since then it has fallen by 3.58% to 17.20%.
Fraction of Income towards Rent: White County AR, Arkansas, US
Historical Data for Annual Rent as a Fraction of Income in White County Arkansas
| Date | US | Arkansas | White County AR |
|---|---|---|---|
| 2019 | 20.03% | 18.19% | 17.20% |
| 2018 | 20.50% | 18.64% | 19.05% |
| 2017 | 20.13% | 18.60% | 19.90% |
| 2016 | 20.43% | 18.97% | 18.68% |
| 2015 | 20.63% | 19.86% | 20.78% |
| 2014 | 20.89% | 19.86% | 19.03% |
| 2013 | 20.78% | 19.52% | 18.23% |
| 2012 | 20.65% | 19.15% | 18.93% |
| 2011 | 20.70% | 19.78% | 15.35% |
| 2010 | 20.50% | 19.99% | 19.19% |
| 2009 | 20.12% | 19.23% | 17.80% |
| 2007 | 18.66% | 18.03% | 18.13% |
| 2005 | 18.89% | 18.82% | 16.05% |
Renter Fraction in White County Arkansas
You can calculate the renter fraction in White 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 White County as a fraction of total White County households. In 2019 35.24% of households were renters according to Census ACS data.
White 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% |
| White County AR | 35.24% | -0.47% | -2.25% |
Trends in the White County AR Renter Fraction
The White County household renter fraction peaked in in 2016 at 37.49% and is now 2.25% below that level. The origin year for the series is 2005.
Fraction of Renting Households: White County AR, Arkansas, US
History of White County Renter Fraction
| Date | US | Arkansas | White County AR |
|---|---|---|---|
| 2019 | 35.89% | 34.53% | 35.24% |
| 2018 | 36.05% | 34.24% | 35.71% |
| 2017 | 36.13% | 34.75% | 29.30% |
| 2016 | 36.88% | 35.45% | 37.49% |
| 2015 | 36.97% | 34.83% | 36.15% |
| 2014 | 36.90% | 34.21% | 32.02% |
| 2013 | 36.50% | 34.28% | 29.81% |
| 2012 | 36.09% | 33.76% | 28.52% |
| 2011 | 35.42% | 33.40% | 32.79% |
| 2010 | 34.65% | 32.59% | 34.09% |
| 2009 | 34.13% | 33.96% | 33.03% |
| 2007 | 32.80% | 32.27% | 32.68% |
| 2005 | 33.10% | 32.25% | 32.00% |
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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