Yolo County California Residential Rent and Rental Statistics
The median monthly gross residential rent in Yolo County CA was $1,489 in 2019 according to the Census ACS survey.1 Average gross rent in Yolo County was $1,411 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 Yolo County median and average rent data will be released in September of 2021.
Data is also available below for Yolo County rental vacancy rates, Yolo County rent as a percent of median income and the fraction of renters in Yolo County.
Real Gross Rent in Yolo 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% |
Yolo County CA Median Gross Rent | $1,489 | +10.79% | +17.52% |
Yolo County CA Real Gross Rent Trends
At $1,489, real median gross rent in Yolo County was at its highest level in 2019 since the series began in 2005. At $1,411, real average gross rent in Yolo County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Yolo County CA Median, Yolo County CA Average, California Median, US Median
Real Gross Rent History for Yolo County
Date | US Median |
California Median |
Yolo County CA Median |
Yolo County CA Average |
---|---|---|---|---|
2019 | $1,097 | $1,614 | $1,489 | $1,411 |
2018 | $1,077 | $1,547 | $1,344 | $1,396 |
2017 | $1,043 | $1,492 | $1,269 | $1,282 |
2016 | $1,027 | $1,440 | $1,267 | $1,276 |
2015 | $1,017 | $1,391 | $1,231 | $1,245 |
2014 | $986 | $1,339 | $1,155 | $1,193 |
2013 | $953 | $1,289 | $1,169 | $1,155 |
2012 | $940 | $1,277 | $1,076 | $1,143 |
2011 | $941 | $1,268 | $1,066 | $1,138 |
2010 | $955 | $1,300 | $1,180 | $1,221 |
2009 | $960 | $1,316 | $1,169 | $1,246 |
2007 | $927 | $1,266 | $1,147 | $1,212 |
2005 | $910 | $1,216 | $1,176 | $1,250 |
Yolo 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 Yolo County California was 2.07% according to Census ACS data.
Rental Vacancy Rate in Yolo County California
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
California | 4.06% | +0.09% | +0.75% |
Yolo County CA | 2.07% | +0.52% | +0.42% |
Trends in Yolo County CA Rental Vacancy Rate
The rental vacancy rate in Yolo County peaked in 2010 at 7.18%. Since then it has fallen by 5.11% to 2.07%. Data records for this series originated in 2005. From a 2018 post peak low of 1.55%, the rental vacancy rate has increased by 0.52%.
Rental Vacancy Rate: Yolo County CA, California, US
Historical Rental Vacancy Rate data for Yolo County
Date | US | California | Yolo County CA |
---|---|---|---|
2019 | 5.97% | 4.06% | 2.07% |
2018 | 6.15% | 3.97% | 1.55% |
2017 | 6.18% | 3.49% | 3.76% |
2016 | 5.89% | 3.31% | 1.65% |
2015 | 5.85% | 3.33% | 2.93% |
2014 | 6.32% | 3.90% | 2.68% |
2013 | 6.49% | 4.22% | 2.08% |
2012 | 6.77% | 4.51% | 2.47% |
2011 | 7.40% | 4.94% | 2.57% |
2010 | 8.17% | 5.86% | 7.18% |
2009 | 8.43% | 5.76% | 5.34% |
2007 | 7.87% | 4.72% | — |
2005 | 7.74% | 4.61% | 5.31% |
Rent as a Fraction of Income
Using median household income data for Yolo County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Yolo County, median monthly gross rent as a fraction of median household income was 25.02% in 2019 according to the ACS.
Yolo 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% |
Yolo County CA | 25.02% | +1.95% | +2.65% |
Trends in Yolo County CA Rent as a Fraction of Income
Yolo County renters paid 25.02% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Yolo County CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Yolo County California
Date | US | California | Yolo County CA |
---|---|---|---|
2019 | 20.03% | 24.08% | 25.02% |
2018 | 20.50% | 24.23% | 23.07% |
2017 | 20.13% | 24.18% | 22.47% |
2016 | 20.43% | 24.36% | 22.37% |
2015 | 20.63% | 24.39% | 23.61% |
2014 | 20.89% | 24.57% | 24.42% |
2013 | 20.78% | 24.40% | 24.26% |
2012 | 20.65% | 24.69% | 23.98% |
2011 | 20.70% | 24.59% | 23.88% |
2010 | 20.50% | 24.18% | 22.71% |
2009 | 20.12% | 23.52% | 21.36% |
2007 | 18.66% | 21.58% | 19.72% |
2005 | 18.89% | 21.77% | 22.51% |
Renter Fraction in Yolo County California
You can calculate the renter fraction in Yolo 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 Yolo County as a fraction of total Yolo County households. In 2019 48.95% of households were renters according to Census ACS data.
Yolo 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% |
Yolo County CA | 48.95% | -2.54% | -1.02% |
Trends in the Yolo County CA Renter Fraction
The Yolo County household renter fraction peaked in in 2018 at 51.49% and is now 2.54% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Yolo County CA, California, US
History of Yolo County Renter Fraction
Date | US | California | Yolo County CA |
---|---|---|---|
2019 | 35.89% | 45.14% | 48.95% |
2018 | 36.05% | 45.18% | 51.49% |
2017 | 36.13% | 45.21% | 49.81% |
2016 | 36.88% | 46.36% | 49.97% |
2015 | 36.97% | 46.41% | 47.12% |
2014 | 36.90% | 46.27% | 48.86% |
2013 | 36.50% | 46.21% | 50.98% |
2012 | 36.09% | 45.97% | 50.14% |
2011 | 35.42% | 45.12% | 46.07% |
2010 | 34.65% | 44.36% | 44.79% |
2009 | 34.13% | 43.43% | 43.87% |
2007 | 32.80% | 42.00% | 44.68% |
2005 | 33.10% | 41.56% | 44.73% |
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. ↩