Santa Rosa California Residential Rent and Rental Statistics
The median monthly gross residential rent in Santa Rosa, CA (the Santa Rosa-Petaluma metro area) was $1,757 in 2019 according to the Census ACS survey.1 Average gross rent in Santa Rosa was $1,703 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 Santa Rosa median and average rent data will be released in September of 2021.
Data is also available below for Santa Rosa rental vacancy rates, Santa Rosa rent as a percent of median income and the fraction of renters in Santa Rosa.
Real Gross Rent in Santa Rosa 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% |
Santa Rosa, CA Median Gross Rent | $1,757 | +4.27% | +9.95% |
Santa Rosa, CA Real Gross Rent Trends
At $1,757, real median gross rent in Santa Rosa was at its highest level in 2019 since the series began in 2005. At $1,703, real average gross rent in Santa Rosa was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Santa Rosa: Santa Rosa CA Median, Santa Rosa CA Average, California Median, US Median
Real Gross Rent History for Santa Rosa
Date | US Median |
California Median |
Santa Rosa, CA Median |
Santa Rosa, CA Average |
---|---|---|---|---|
2019 | $1,097 | $1,614 | $1,757 | $1,703 |
2018 | $1,077 | $1,547 | $1,685 | $1,678 |
2017 | $1,043 | $1,492 | $1,657 | $1,611 |
2016 | $1,027 | $1,440 | $1,598 | $1,531 |
2015 | $1,017 | $1,391 | $1,460 | $1,449 |
2014 | $986 | $1,339 | $1,451 | $1,445 |
2013 | $953 | $1,289 | $1,353 | $1,344 |
2012 | $940 | $1,277 | $1,331 | $1,350 |
2011 | $941 | $1,268 | $1,284 | $1,296 |
2010 | $955 | $1,300 | $1,345 | $1,379 |
2009 | $960 | $1,316 | $1,348 | $1,362 |
2007 | $927 | $1,266 | $1,376 | $1,366 |
2005 | $910 | $1,216 | $1,350 | $1,396 |
Santa Rosa 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 Santa Rosa California was 2.71% according to Census ACS data.
Rental Vacancy Rate in Santa Rosa California
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
California | 4.06% | +0.09% | +0.75% |
Santa Rosa, CA | 2.71% | -0.33% | +0.04% |
Trends in Santa Rosa, CA Rental Vacancy Rate
The rental vacancy rate in Santa Rosa peaked in 2012 at 5.82%. Since then it has fallen by 3.11% to 2.71%. Data records for this series originated in 2005. From a 2015 post peak low of 1.78%, the rental vacancy rate has increased by 0.93%.
Rental Vacancy Rate: Santa Rosa CA, California, US
Historical Rental Vacancy Rate data for Santa Rosa
Date | US | California | Santa Rosa, CA |
---|---|---|---|
2019 | 5.97% | 4.06% | 2.71% |
2018 | 6.15% | 3.97% | 3.04% |
2017 | 6.18% | 3.49% | 4.26% |
2016 | 5.89% | 3.31% | 2.67% |
2015 | 5.85% | 3.33% | 1.78% |
2014 | 6.32% | 3.90% | — |
2013 | 6.49% | 4.22% | 3.82% |
2012 | 6.77% | 4.51% | 5.82% |
2011 | 7.40% | 4.94% | 5.13% |
2010 | 8.17% | 5.86% | 4.68% |
2009 | 8.43% | 5.76% | 4.44% |
2007 | 7.87% | 4.72% | 5.32% |
2005 | 7.74% | 4.61% | 5.02% |
Rent as a Fraction of Income
Using median household income data for Santa Rosa, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Santa Rosa, median monthly gross rent as a fraction of median household income was 24.01% in 2019 according to the ACS.
Santa Rosa 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% |
Santa Rosa, CA | 24.01% | -0.39% | -0.76% |
Trends in Santa Rosa, CA Rent as a Fraction of Income
The fraction of median Santa Rosa household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 25.27%. Since then it has fallen by 1.26% to 24.01%.
Fraction of Income towards Rent: Santa Rosa CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Santa Rosa California
Date | US | California | Santa Rosa, CA |
---|---|---|---|
2019 | 20.03% | 24.08% | 24.01% |
2018 | 20.50% | 24.23% | 24.40% |
2017 | 20.13% | 24.18% | 23.98% |
2016 | 20.43% | 24.36% | 24.77% |
2015 | 20.63% | 24.39% | 24.77% |
2014 | 20.89% | 24.57% | 24.33% |
2013 | 20.78% | 24.40% | 25.27% |
2012 | 20.65% | 24.69% | 25.04% |
2011 | 20.70% | 24.59% | 23.38% |
2010 | 20.50% | 24.18% | 24.47% |
2009 | 20.12% | 23.52% | 22.76% |
2007 | 18.66% | 21.58% | 22.52% |
2005 | 18.89% | 21.77% | 22.22% |
Renter Fraction in Santa Rosa California
You can calculate the renter fraction in Santa Rosa 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 Santa Rosa as a fraction of total Santa Rosa households. In 2019 37.85% of households were renters according to Census ACS data.
Santa Rosa 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% |
Santa Rosa, CA | 37.85% | -0.66% | -1.02% |
Trends in the Santa Rosa, CA Renter Fraction
The Santa Rosa household renter fraction peaked in in 2014 at 41.61% and is now 3.76% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Santa Rosa CA, California, US
History of Santa Rosa Renter Fraction
Date | US | California | Santa Rosa, CA |
---|---|---|---|
2019 | 35.89% | 45.14% | 37.85% |
2018 | 36.05% | 45.18% | 38.51% |
2017 | 36.13% | 45.21% | 38.71% |
2016 | 36.88% | 46.36% | 38.87% |
2015 | 36.97% | 46.41% | 40.51% |
2014 | 36.90% | 46.27% | 41.61% |
2013 | 36.50% | 46.21% | 41.47% |
2012 | 36.09% | 45.97% | 40.07% |
2011 | 35.42% | 45.12% | 40.52% |
2010 | 34.65% | 44.36% | 40.26% |
2009 | 34.13% | 43.43% | 39.33% |
2007 | 32.80% | 42.00% | 38.28% |
2005 | 33.10% | 41.56% | 35.96% |
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. ↩