Redding California Residential Rent and Rental Statistics
The median monthly gross residential rent in Redding, CA (the Redding metro area) was $1,116 in 2019 according to the Census ACS survey.1 Average gross rent in Redding was $1,151 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 Redding median and average rent data will be released in September of 2021.
Data is also available below for Redding rental vacancy rates, Redding rent as a percent of median income and the fraction of renters in Redding.
Real Gross Rent in Redding 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% |
| Redding, CA Median Gross Rent | $1,116 | +1.09% | +9.30% |
Redding, CA Real Gross Rent Trends
At $1,116, real median gross rent in Redding was at its highest level in 2019 since the series began in 2005. At $1,151, real average gross rent in Redding was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Redding: Redding CA Median, Redding CA Average, California Median, US Median
Real Gross Rent History for Redding
| Date | US Median |
California Median |
Redding, CA Median |
Redding, CA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,614 | $1,116 | $1,151 |
| 2018 | $1,077 | $1,547 | $1,104 | $1,078 |
| 2017 | $1,043 | $1,492 | $1,015 | $1,081 |
| 2016 | $1,027 | $1,440 | $1,021 | $1,050 |
| 2015 | $1,017 | $1,391 | $975 | $993 |
| 2014 | $986 | $1,339 | $967 | $1,014 |
| 2013 | $953 | $1,289 | $940 | $964 |
| 2012 | $940 | $1,277 | $971 | $1,024 |
| 2011 | $941 | $1,268 | $947 | $986 |
| 2010 | $955 | $1,300 | $989 | $1,029 |
| 2009 | $960 | $1,316 | $965 | $978 |
| 2007 | $927 | $1,266 | $926 | $888 |
| 2005 | $910 | $1,216 | $951 | $925 |
Redding 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 Redding California was 1.44% according to Census ACS data.
Rental Vacancy Rate in Redding California
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| California | 4.06% | +0.09% | +0.75% |
| Redding, CA | 1.44% | -3.77% | -0.88% |
Trends in Redding, CA Rental Vacancy Rate
The rental vacancy rate in Redding peaked in 2009 at 13.21%. Since then it has fallen by 11.77% to 1.44%. Data records for this series originated in 2005.
Rental Vacancy Rate: Redding CA, California, US
Historical Rental Vacancy Rate data for Redding
| Date | US | California | Redding, CA |
|---|---|---|---|
| 2019 | 5.97% | 4.06% | 1.44% |
| 2018 | 6.15% | 3.97% | 5.21% |
| 2017 | 6.18% | 3.49% | — |
| 2016 | 5.89% | 3.31% | 2.32% |
| 2015 | 5.85% | 3.33% | 2.87% |
| 2014 | 6.32% | 3.90% | 2.81% |
| 2013 | 6.49% | 4.22% | 3.71% |
| 2012 | 6.77% | 4.51% | 6.99% |
| 2011 | 7.40% | 4.94% | 6.59% |
| 2010 | 8.17% | 5.86% | 9.65% |
| 2009 | 8.43% | 5.76% | 13.21% |
| 2007 | 7.87% | 4.72% | 5.75% |
| 2005 | 7.74% | 4.61% | 3.02% |
Rent as a Fraction of Income
Using median household income data for Redding, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Redding, median monthly gross rent as a fraction of median household income was 21.23% in 2019 according to the ACS.
Redding 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% |
| Redding, CA | 21.23% | -1.89% | -3.81% |
Trends in Redding, CA Rent as a Fraction of Income
The fraction of median Redding household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 26.57%. Since then it has fallen by 5.34% to 21.23%.
Fraction of Income towards Rent: Redding CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Redding California
| Date | US | California | Redding, CA |
|---|---|---|---|
| 2019 | 20.03% | 24.08% | 21.23% |
| 2018 | 20.50% | 24.23% | 23.11% |
| 2017 | 20.13% | 24.18% | 22.52% |
| 2016 | 20.43% | 24.36% | 25.04% |
| 2015 | 20.63% | 24.39% | 23.62% |
| 2014 | 20.89% | 24.57% | 25.15% |
| 2013 | 20.78% | 24.40% | 26.57% |
| 2012 | 20.65% | 24.69% | 24.11% |
| 2011 | 20.70% | 24.59% | 25.02% |
| 2010 | 20.50% | 24.18% | 25.89% |
| 2009 | 20.12% | 23.52% | 23.70% |
| 2007 | 18.66% | 21.58% | 22.57% |
| 2005 | 18.89% | 21.77% | 21.63% |
Renter Fraction in Redding California
You can calculate the renter fraction in Redding 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 Redding as a fraction of total Redding households. In 2019 36.79% of households were renters according to Census ACS data.
Redding 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% |
| Redding, CA | 36.79% | +1.90% | +2.19% |
Trends in the Redding, CA Renter Fraction
The Redding household renter fraction peaked in in 2013 at 38.79% and is now 2.00% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Redding CA, California, US
History of Redding Renter Fraction
| Date | US | California | Redding, CA |
|---|---|---|---|
| 2019 | 35.89% | 45.14% | 36.79% |
| 2018 | 36.05% | 45.18% | 34.89% |
| 2017 | 36.13% | 45.21% | 35.47% |
| 2016 | 36.88% | 46.36% | 34.60% |
| 2015 | 36.97% | 46.41% | 38.47% |
| 2014 | 36.90% | 46.27% | 38.47% |
| 2013 | 36.50% | 46.21% | 38.79% |
| 2012 | 36.09% | 45.97% | 38.00% |
| 2011 | 35.42% | 45.12% | 34.51% |
| 2010 | 34.65% | 44.36% | 34.18% |
| 2009 | 34.13% | 43.43% | 35.51% |
| 2007 | 32.80% | 42.00% | 35.81% |
| 2005 | 33.10% | 41.56% | 33.99% |
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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