Vallejo California Residential Rent and Rental Statistics
The median monthly gross residential rent in Vallejo, CA (the Vallejo-Fairfield metro area) was $1,723 in 2019 according to the Census ACS survey.1 Average gross rent in Vallejo was $1,652 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 Vallejo median and average rent data will be released in September of 2021.
Data is also available below for Vallejo rental vacancy rates, Vallejo rent as a percent of median income and the fraction of renters in Vallejo.
Real Gross Rent in Vallejo 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% |
Vallejo, CA Median Gross Rent | $1,723 | +3.61% | +15.33% |
Vallejo, CA Real Gross Rent Trends
At $1,723, real median gross rent in Vallejo was at its highest level in 2019 since the series began in 2005. At $1,652, real average gross rent in Vallejo was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Vallejo: Vallejo CA Median, Vallejo CA Average, California Median, US Median
Real Gross Rent History for Vallejo
Date | US Median |
California Median |
Vallejo, CA Median |
Vallejo, CA Average |
---|---|---|---|---|
2019 | $1,097 | $1,614 | $1,723 | $1,652 |
2018 | $1,077 | $1,547 | $1,663 | $1,626 |
2017 | $1,043 | $1,492 | $1,597 | $1,562 |
2016 | $1,027 | $1,440 | $1,494 | $1,493 |
2015 | $1,017 | $1,391 | $1,400 | $1,419 |
2014 | $986 | $1,339 | $1,365 | $1,382 |
2013 | $953 | $1,289 | $1,324 | $1,346 |
2012 | $940 | $1,277 | $1,323 | $1,317 |
2011 | $941 | $1,268 | $1,283 | $1,324 |
2010 | $955 | $1,300 | $1,342 | $1,377 |
2009 | $960 | $1,316 | $1,360 | $1,398 |
2007 | $927 | $1,266 | $1,313 | $1,342 |
2005 | $910 | $1,216 | $1,370 | $1,365 |
Vallejo 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 Vallejo California was 4.29% according to Census ACS data.
Rental Vacancy Rate in Vallejo California
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
California | 4.06% | +0.09% | +0.75% |
Vallejo, CA | 4.29% | +1.35% | +1.49% |
Trends in Vallejo, CA Rental Vacancy Rate
The rental vacancy rate in Vallejo peaked in 2010 at 8.17%. Since then it has fallen by 3.88% to 4.29%. Data records for this series originated in 2005. From a 2016 post peak low of 2.80%, the rental vacancy rate has increased by 1.49%.
Rental Vacancy Rate: Vallejo CA, California, US
Historical Rental Vacancy Rate data for Vallejo
Date | US | California | Vallejo, CA |
---|---|---|---|
2019 | 5.97% | 4.06% | 4.29% |
2018 | 6.15% | 3.97% | 2.94% |
2017 | 6.18% | 3.49% | 3.35% |
2016 | 5.89% | 3.31% | 2.80% |
2015 | 5.85% | 3.33% | 3.96% |
2014 | 6.32% | 3.90% | 5.11% |
2013 | 6.49% | 4.22% | 6.50% |
2012 | 6.77% | 4.51% | 5.74% |
2011 | 7.40% | 4.94% | 6.91% |
2010 | 8.17% | 5.86% | 8.17% |
2009 | 8.43% | 5.76% | 6.69% |
2007 | 7.87% | 4.72% | 7.92% |
2005 | 7.74% | 4.61% | 6.38% |
Rent as a Fraction of Income
Using median household income data for Vallejo, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Vallejo, median monthly gross rent as a fraction of median household income was 23.86% in 2019 according to the ACS.
Vallejo 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% |
Vallejo, CA | 23.86% | +0.64% | +0.69% |
Trends in Vallejo, CA Rent as a Fraction of Income
The fraction of median Vallejo household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 24.10%. Since then it has fallen by 0.24% to 23.86%.
Fraction of Income towards Rent: Vallejo CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Vallejo California
Date | US | California | Vallejo, CA |
---|---|---|---|
2019 | 20.03% | 24.08% | 23.86% |
2018 | 20.50% | 24.23% | 23.22% |
2017 | 20.13% | 24.18% | 24.10% |
2016 | 20.43% | 24.36% | 23.17% |
2015 | 20.63% | 24.39% | 23.49% |
2014 | 20.89% | 24.57% | 22.82% |
2013 | 20.78% | 24.40% | 23.75% |
2012 | 20.65% | 24.69% | 24.05% |
2011 | 20.70% | 24.59% | 22.35% |
2010 | 20.50% | 24.18% | 22.74% |
2009 | 20.12% | 23.52% | 21.76% |
2007 | 18.66% | 21.58% | 20.06% |
2005 | 18.89% | 21.77% | 21.14% |
Renter Fraction in Vallejo California
You can calculate the renter fraction in Vallejo 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 Vallejo as a fraction of total Vallejo households. In 2019 37.80% of households were renters according to Census ACS data.
Vallejo 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% |
Vallejo, CA | 37.80% | +0.74% | -2.87% |
Trends in the Vallejo, CA Renter Fraction
The Vallejo household renter fraction peaked in in 2014 at 42.15% and is now 4.35% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Vallejo CA, California, US
History of Vallejo Renter Fraction
Date | US | California | Vallejo, CA |
---|---|---|---|
2019 | 35.89% | 45.14% | 37.80% |
2018 | 36.05% | 45.18% | 37.06% |
2017 | 36.13% | 45.21% | 40.80% |
2016 | 36.88% | 46.36% | 40.67% |
2015 | 36.97% | 46.41% | 39.71% |
2014 | 36.90% | 46.27% | 42.15% |
2013 | 36.50% | 46.21% | 40.86% |
2012 | 36.09% | 45.97% | 40.90% |
2011 | 35.42% | 45.12% | 38.82% |
2010 | 34.65% | 44.36% | 37.51% |
2009 | 34.13% | 43.43% | 34.39% |
2007 | 32.80% | 42.00% | 32.93% |
2005 | 33.10% | 41.56% | 33.09% |
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. ↩