Fresno County California Residential Rent and Rental Statistics
The median monthly gross residential rent in Fresno County CA was $1,034 in 2019 according to the Census ACS survey.1 Average gross rent in Fresno County was $1,056 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 Fresno County median and average rent data will be released in September of 2021.
Data is also available below for Fresno County rental vacancy rates, Fresno County rent as a percent of median income and the fraction of renters in Fresno County.
Real Gross Rent in Fresno County California (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| California Median Gross Rent | $1,614 | +4.33% | +12.08% |
| Fresno County CA Median Gross Rent | $1,034 | +1.97% | +6.16% |
Fresno County CA Real Gross Rent Trends
At $1,034, real median gross rent in Fresno County was at its highest level in 2019 since the series began in 2005. At $1,056, real average gross rent in Fresno County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Fresno County CA Median, Fresno County CA Average, California Median, US Median
Real Gross Rent History for Fresno County
| Date | US Median |
California Median |
Fresno County CA Median |
Fresno County CA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,614 | $1,034 | $1,056 |
| 2018 | $1,077 | $1,547 | $1,014 | $1,028 |
| 2017 | $1,043 | $1,492 | $985 | $1,001 |
| 2016 | $1,027 | $1,440 | $974 | $1,004 |
| 2015 | $1,017 | $1,391 | $952 | $980 |
| 2014 | $986 | $1,339 | $941 | $968 |
| 2013 | $953 | $1,289 | $905 | $941 |
| 2012 | $940 | $1,277 | $913 | $946 |
| 2011 | $941 | $1,268 | $926 | $940 |
| 2010 | $955 | $1,300 | $922 | $953 |
| 2009 | $960 | $1,316 | $946 | $979 |
| 2007 | $927 | $1,266 | $927 | $947 |
| 2005 | $910 | $1,216 | $888 | $889 |
Fresno 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 Fresno County California was 4.13% according to Census ACS data.
Rental Vacancy Rate in Fresno County California
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| California | 4.06% | +0.09% | +0.75% |
| Fresno County CA | 4.13% | +0.53% | +0.76% |
Trends in Fresno County CA Rental Vacancy Rate
The rental vacancy rate in Fresno County peaked in 2010 at 7.59%. Since then it has fallen by 3.46% to 4.13%. Data records for this series originated in 2005. From a 2017 post peak low of 3.12%, the rental vacancy rate has increased by 1.01%.
Rental Vacancy Rate: Fresno County CA, California, US
Historical Rental Vacancy Rate data for Fresno County
| Date | US | California | Fresno County CA |
|---|---|---|---|
| 2019 | 5.97% | 4.06% | 4.13% |
| 2018 | 6.15% | 3.97% | 3.60% |
| 2017 | 6.18% | 3.49% | 3.12% |
| 2016 | 5.89% | 3.31% | 3.37% |
| 2015 | 5.85% | 3.33% | 3.21% |
| 2014 | 6.32% | 3.90% | 5.01% |
| 2013 | 6.49% | 4.22% | 5.09% |
| 2012 | 6.77% | 4.51% | 7.05% |
| 2011 | 7.40% | 4.94% | 6.70% |
| 2010 | 8.17% | 5.86% | 7.59% |
| 2009 | 8.43% | 5.76% | 6.96% |
| 2007 | 7.87% | 4.72% | 4.32% |
| 2005 | 7.74% | 4.61% | 5.14% |
Rent as a Fraction of Income
Using median household income data for Fresno County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fresno County, median monthly gross rent as a fraction of median household income was 21.57% in 2019 according to the ACS.
Fresno County California Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| California | 24.08% | -0.15% | -0.28% |
| Fresno County CA | 21.57% | -1.14% | -1.34% |
Trends in Fresno County CA Rent as a Fraction of Income
The fraction of median Fresno County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 24.73%. Since then it has fallen by 3.16% to 21.57%.
Fraction of Income towards Rent: Fresno County CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Fresno County California
| Date | US | California | Fresno County CA |
|---|---|---|---|
| 2019 | 20.03% | 24.08% | 21.57% |
| 2018 | 20.50% | 24.23% | 22.71% |
| 2017 | 20.13% | 24.18% | 22.12% |
| 2016 | 20.43% | 24.36% | 22.91% |
| 2015 | 20.63% | 24.39% | 22.93% |
| 2014 | 20.89% | 24.57% | 24.62% |
| 2013 | 20.78% | 24.40% | 23.47% |
| 2012 | 20.65% | 24.69% | 24.73% |
| 2011 | 20.70% | 24.59% | 24.02% |
| 2010 | 20.50% | 24.18% | 21.89% |
| 2009 | 20.12% | 23.52% | 21.81% |
| 2007 | 18.66% | 21.58% | 20.02% |
| 2005 | 18.89% | 21.77% | 20.33% |
Renter Fraction in Fresno County California
You can calculate the renter fraction in Fresno 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 Fresno County as a fraction of total Fresno County households. In 2019 46.38% of households were renters according to Census ACS data.
Fresno County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| California | 45.14% | -0.04% | -1.22% |
| Fresno County CA | 46.38% | -2.43% | -0.71% |
Trends in the Fresno County CA Renter Fraction
The Fresno County household renter fraction peaked in in 2018 at 48.81% and is now 2.43% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Fresno County CA, California, US
History of Fresno County Renter Fraction
| Date | US | California | Fresno County CA |
|---|---|---|---|
| 2019 | 35.89% | 45.14% | 46.38% |
| 2018 | 36.05% | 45.18% | 48.81% |
| 2017 | 36.13% | 45.21% | 46.61% |
| 2016 | 36.88% | 46.36% | 47.09% |
| 2015 | 36.97% | 46.41% | 47.92% |
| 2014 | 36.90% | 46.27% | 48.76% |
| 2013 | 36.50% | 46.21% | 47.95% |
| 2012 | 36.09% | 45.97% | 48.56% |
| 2011 | 35.42% | 45.12% | 45.64% |
| 2010 | 34.65% | 44.36% | 45.81% |
| 2009 | 34.13% | 43.43% | 45.70% |
| 2007 | 32.80% | 42.00% | 44.02% |
| 2005 | 33.10% | 41.56% | 42.44% |
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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