Marin County California Residential Rent and Rental Statistics
The median monthly gross residential rent in Marin County CA was $2,096 in 2019 according to the Census ACS survey.1 Average gross rent in Marin County was $2,021 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 Marin County median and average rent data will be released in September of 2021.
Data is also available below for Marin County rental vacancy rates, Marin County rent as a percent of median income and the fraction of renters in Marin County.
Real Gross Rent in Marin 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% |
| Marin County CA Median Gross Rent | $2,096 | -4.99% | +4.23% |
Marin County CA Real Gross Rent Trends
Median gross rent for Marin County peaked in real terms in 2018 at $2,206 and is now $110 (4.99%) lower. Average gross rent for Marin County peaked in real terms in 2018 at $2,153 and is now $132 (6.13%) lower.
Real Gross Rent: Marin County CA Median, Marin County CA Average, California Median, US Median
Real Gross Rent History for Marin County
| Date | US Median |
California Median |
Marin County CA Median |
Marin County CA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,614 | $2,096 | $2,021 |
| 2018 | $1,077 | $1,547 | $2,206 | $2,153 |
| 2017 | $1,043 | $1,492 | $2,159 | $2,076 |
| 2016 | $1,027 | $1,440 | $2,011 | $2,064 |
| 2015 | $1,017 | $1,391 | $1,890 | $1,873 |
| 2014 | $986 | $1,339 | $1,838 | $1,870 |
| 2013 | $953 | $1,289 | $1,719 | $1,758 |
| 2012 | $940 | $1,277 | $1,674 | $1,701 |
| 2011 | $941 | $1,268 | $1,599 | $1,638 |
| 2010 | $955 | $1,300 | $1,687 | $1,738 |
| 2009 | $960 | $1,316 | $1,813 | $1,833 |
| 2007 | $927 | $1,266 | $1,666 | $1,742 |
| 2005 | $910 | $1,216 | $1,743 | $1,766 |
Marin 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 Marin County California was 1.75% according to Census ACS data.
Rental Vacancy Rate in Marin County California
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| California | 4.06% | +0.09% | +0.75% |
| Marin County CA | 1.75% | -1.84% | — |
Trends in Marin County CA Rental Vacancy Rate
The rental vacancy rate in Marin County peaked in 2006 at 4.41%. Since then it has fallen by 2.66% to 1.75%. Data records for this series originated in 2005. From a 2015 post peak low of 1.62%, the rental vacancy rate has increased by 0.13%.
Rental Vacancy Rate: Marin County CA, California, US
Historical Rental Vacancy Rate data for Marin County
| Date | US | California | Marin County CA |
|---|---|---|---|
| 2019 | 5.97% | 4.06% | 1.75% |
| 2018 | 6.15% | 3.97% | 3.59% |
| 2017 | 6.18% | 3.49% | — |
| 2016 | 5.89% | 3.31% | — |
| 2015 | 5.85% | 3.33% | 1.62% |
| 2014 | 6.32% | 3.90% | 1.80% |
| 2013 | 6.49% | 4.22% | 2.13% |
| 2012 | 6.77% | 4.51% | 3.87% |
| 2011 | 7.40% | 4.94% | 3.59% |
| 2010 | 8.17% | 5.86% | 3.50% |
| 2009 | 8.43% | 5.76% | 3.91% |
| 2007 | 7.87% | 4.72% | 2.33% |
| 2005 | 7.74% | 4.61% | — |
Rent as a Fraction of Income
Using median household income data for Marin County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Marin County, median monthly gross rent as a fraction of median household income was 22.69% in 2019 according to the ACS.
Marin 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% |
| Marin County CA | 22.69% | +2.11% | +0.49% |
Trends in Marin County CA Rent as a Fraction of Income
The fraction of median Marin County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 23.01%. Since then it has fallen by 0.32% to 22.69%. From a 2013 low of 20.28%, the fraction of income going to rent has increased by 2.41%.
Fraction of Income towards Rent: Marin County CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Marin County California
| Date | US | California | Marin County CA |
|---|---|---|---|
| 2019 | 20.03% | 24.08% | 22.69% |
| 2018 | 20.50% | 24.23% | 20.58% |
| 2017 | 20.13% | 24.18% | 22.06% |
| 2016 | 20.43% | 24.36% | 22.20% |
| 2015 | 20.63% | 24.39% | 21.24% |
| 2014 | 20.89% | 24.57% | 21.82% |
| 2013 | 20.78% | 24.40% | 20.28% |
| 2012 | 20.65% | 24.69% | 20.86% |
| 2011 | 20.70% | 24.59% | 23.01% |
| 2010 | 20.50% | 24.18% | 21.61% |
| 2009 | 20.12% | 23.52% | 21.45% |
| 2007 | 18.66% | 21.58% | 20.29% |
| 2005 | 18.89% | 21.77% | 21.20% |
Renter Fraction in Marin County California
You can calculate the renter fraction in Marin 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 Marin County as a fraction of total Marin County households. In 2019 37.96% of households were renters according to Census ACS data.
Marin 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% |
| Marin County CA | 37.96% | +2.67% | +0.33% |
Trends in the Marin County CA Renter Fraction
The Marin County household renter fraction peaked in in 2011 at 40.57% and is now 2.61% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Marin County CA, California, US
History of Marin County Renter Fraction
| Date | US | California | Marin County CA |
|---|---|---|---|
| 2019 | 35.89% | 45.14% | 37.96% |
| 2018 | 36.05% | 45.18% | 35.29% |
| 2017 | 36.13% | 45.21% | 36.41% |
| 2016 | 36.88% | 46.36% | 37.63% |
| 2015 | 36.97% | 46.41% | 36.45% |
| 2014 | 36.90% | 46.27% | 38.44% |
| 2013 | 36.50% | 46.21% | 34.34% |
| 2012 | 36.09% | 45.97% | 37.57% |
| 2011 | 35.42% | 45.12% | 40.57% |
| 2010 | 34.65% | 44.36% | 35.31% |
| 2009 | 34.13% | 43.43% | 37.74% |
| 2007 | 32.80% | 42.00% | 34.93% |
| 2005 | 33.10% | 41.56% | 34.32% |
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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