Visalia California Residential Rent and Rental Statistics
The median monthly gross residential rent in Visalia, CA (the Visalia-Porterville metro area) was $1,014 in 2019 according to the Census ACS survey.1 Average gross rent in Visalia was $960 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 Visalia median and average rent data will be released in September of 2021.
Data is also available below for Visalia rental vacancy rates, Visalia rent as a percent of median income and the fraction of renters in Visalia.
Real Gross Rent in Visalia 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% |
Visalia, CA Median Gross Rent | $1,014 | +10.10% | +11.43% |
Visalia, CA Real Gross Rent Trends
At $1,014, real median gross rent in Visalia was at its highest level in 2019 since the series began in 2005. At $960, real average gross rent in Visalia was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Visalia: Visalia CA Median, Visalia CA Average, California Median, US Median
Real Gross Rent History for Visalia
Date | US Median |
California Median |
Visalia, CA Median |
Visalia, CA Average |
---|---|---|---|---|
2019 | $1,097 | $1,614 | $1,014 | $960 |
2018 | $1,077 | $1,547 | $921 | $933 |
2017 | $1,043 | $1,492 | $939 | $936 |
2016 | $1,027 | $1,440 | $910 | $901 |
2015 | $1,017 | $1,391 | $905 | $918 |
2014 | $986 | $1,339 | $875 | $889 |
2013 | $953 | $1,289 | $854 | $869 |
2012 | $940 | $1,277 | $862 | $872 |
2011 | $941 | $1,268 | $823 | $841 |
2010 | $955 | $1,300 | $892 | $879 |
2009 | $960 | $1,316 | $907 | $912 |
2007 | $927 | $1,266 | $819 | $856 |
2005 | $910 | $1,216 | $759 | $765 |
Visalia 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 Visalia California was 2.35% according to Census ACS data.
Rental Vacancy Rate in Visalia California
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
California | 4.06% | +0.09% | +0.75% |
Visalia, CA | 2.35% | -0.23% | -0.80% |
Trends in Visalia, CA Rental Vacancy Rate
The rental vacancy rate in Visalia peaked in 2009 at 6.83%. Since then it has fallen by 4.48% to 2.35%. Data records for this series originated in 2005.
Rental Vacancy Rate: Visalia CA, California, US
Historical Rental Vacancy Rate data for Visalia
Date | US | California | Visalia, CA |
---|---|---|---|
2019 | 5.97% | 4.06% | 2.35% |
2018 | 6.15% | 3.97% | 2.58% |
2017 | 6.18% | 3.49% | 3.57% |
2016 | 5.89% | 3.31% | 3.15% |
2015 | 5.85% | 3.33% | 3.48% |
2014 | 6.32% | 3.90% | 2.91% |
2013 | 6.49% | 4.22% | 4.11% |
2012 | 6.77% | 4.51% | 2.57% |
2011 | 7.40% | 4.94% | 5.80% |
2010 | 8.17% | 5.86% | 6.59% |
2009 | 8.43% | 5.76% | 6.83% |
2007 | 7.87% | 4.72% | 3.59% |
2005 | 7.74% | 4.61% | 3.14% |
Rent as a Fraction of Income
Using median household income data for Visalia, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Visalia, median monthly gross rent as a fraction of median household income was 21.09% in 2019 according to the ACS.
Visalia 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% |
Visalia, CA | 21.09% | -1.16% | -1.64% |
Trends in Visalia, CA Rent as a Fraction of Income
The fraction of median Visalia household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 24.69%. Since then it has fallen by 3.60% to 21.09%.
Fraction of Income towards Rent: Visalia CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Visalia California
Date | US | California | Visalia, CA |
---|---|---|---|
2019 | 20.03% | 24.08% | 21.09% |
2018 | 20.50% | 24.23% | 22.25% |
2017 | 20.13% | 24.18% | 23.63% |
2016 | 20.43% | 24.36% | 22.73% |
2015 | 20.63% | 24.39% | 24.13% |
2014 | 20.89% | 24.57% | 23.35% |
2013 | 20.78% | 24.40% | 24.69% |
2012 | 20.65% | 24.69% | 24.12% |
2011 | 20.70% | 24.59% | 22.21% |
2010 | 20.50% | 24.18% | 22.07% |
2009 | 20.12% | 23.52% | 23.88% |
2007 | 18.66% | 21.58% | 20.60% |
2005 | 18.89% | 21.77% | 18.81% |
Renter Fraction in Visalia California
You can calculate the renter fraction in Visalia 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 Visalia as a fraction of total Visalia households. In 2019 40.75% of households were renters according to Census ACS data.
Visalia 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% |
Visalia, CA | 40.75% | -0.44% | -2.08% |
Trends in the Visalia, CA Renter Fraction
The Visalia household renter fraction peaked in in 2013 at 46.88% and is now 6.13% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Visalia CA, California, US
History of Visalia Renter Fraction
Date | US | California | Visalia, CA |
---|---|---|---|
2019 | 35.89% | 45.14% | 40.75% |
2018 | 36.05% | 45.18% | 41.19% |
2017 | 36.13% | 45.21% | 45.10% |
2016 | 36.88% | 46.36% | 42.83% |
2015 | 36.97% | 46.41% | 45.18% |
2014 | 36.90% | 46.27% | 42.84% |
2013 | 36.50% | 46.21% | 46.88% |
2012 | 36.09% | 45.97% | 43.41% |
2011 | 35.42% | 45.12% | 42.11% |
2010 | 34.65% | 44.36% | 41.42% |
2009 | 34.13% | 43.43% | 42.88% |
2007 | 32.80% | 42.00% | 40.91% |
2005 | 33.10% | 41.56% | 40.44% |
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. ↩