Columbia County Florida Residential Rent and Rental Statistics
The median monthly gross residential rent in Columbia County FL was $757 in 2019 according to the Census ACS survey.1 Average gross rent in Columbia County was $705 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 Columbia County median and average rent data will be released in September of 2021.
Data is also available below for Columbia County rental vacancy rates, Columbia County rent as a percent of median income and the fraction of renters in Columbia County.
Real Gross Rent in Columbia County Florida (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Florida Median Gross Rent | $1,238 | +2.91% | +8.88% |
| Columbia County FL Median Gross Rent | $757 | -12.49% | -11.67% |
Columbia County FL Real Gross Rent Trends
Median gross rent for Columbia County peaked in real terms in 2018 at $865 and is now $108 (12.49%) lower. Average gross rent for Columbia County peaked in real terms in 2018 at $841 and is now $136 (16.17%) lower.
Real Gross Rent: Columbia County FL Median, Columbia County FL Average, Florida Median, US Median
Real Gross Rent History for Columbia County
| Date | US Median |
Florida Median |
Columbia County FL Median |
Columbia County FL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,238 | $757 | $705 |
| 2018 | $1,077 | $1,203 | $865 | $841 |
| 2017 | $1,043 | $1,163 | $832 | $744 |
| 2016 | $1,027 | $1,137 | $857 | $658 |
| 2015 | $1,017 | $1,110 | $824 | $798 |
| 2014 | $986 | $1,059 | $761 | $788 |
| 2013 | $953 | $1,024 | $833 | $700 |
| 2012 | $940 | $1,015 | $786 | $766 |
| 2011 | $941 | $1,025 | $832 | $787 |
| 2010 | $955 | $1,058 | $797 | $734 |
| 2009 | $960 | $1,085 | $855 | $839 |
| 2007 | $927 | $1,087 | $758 | $731 |
| 2005 | $910 | $1,011 | — | — |
Columbia County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Columbia County Florida was 12.34% according to Census ACS data.
Rental Vacancy Rate in Columbia County Florida
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Florida | 8.72% | +0.20% | +0.42% |
| Columbia County FL | — | — | — |
Trends in Columbia County FL Rental Vacancy Rate
The rental vacancy rate in Columbia County peaked in 2014 at 12.66%. Since then it has fallen by 0.32% to 12.34%. Data records for this series originated in 2006. From a 2015 post peak low of 2.81%, the rental vacancy rate has increased by 9.53%.
Rental Vacancy Rate: Columbia County FL, Florida, US
Historical Rental Vacancy Rate data for Columbia County
| Date | US | Florida | Columbia County FL |
|---|---|---|---|
| 2019 | 5.97% | 8.72% | — |
| 2018 | 6.15% | 8.52% | — |
| 2017 | 6.18% | 9.16% | 12.34% |
| 2016 | 5.89% | 8.30% | 10.16% |
| 2015 | 5.85% | 7.79% | 2.81% |
| 2014 | 6.32% | 8.66% | 12.66% |
| 2013 | 6.49% | 9.22% | — |
| 2012 | 6.77% | 9.37% | 11.25% |
| 2011 | 7.40% | 10.91% | 9.29% |
| 2010 | 8.17% | 12.17% | 4.93% |
| 2009 | 8.43% | 13.16% | 6.98% |
| 2007 | 7.87% | 11.55% | — |
| 2005 | 7.74% | 7.72% | — |
Rent as a Fraction of Income
Using median household income data for Columbia County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Columbia County, median monthly gross rent as a fraction of median household income was 19.29% in 2019 according to the ACS.
Columbia County Florida Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Florida | 25.08% | -0.49% | -0.54% |
| Columbia County FL | 19.29% | -1.59% | -4.07% |
Trends in Columbia County FL Rent as a Fraction of Income
The fraction of median Columbia County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2006 series origin) at 26.39%. Since then it has fallen by 7.10% to 19.29%.
Fraction of Income towards Rent: Columbia County FL, Florida, US
Historical Data for Annual Rent as a Fraction of Income in Columbia County Florida
| Date | US | Florida | Columbia County FL |
|---|---|---|---|
| 2019 | 20.03% | 25.08% | 19.29% |
| 2018 | 20.50% | 25.57% | 20.88% |
| 2017 | 20.13% | 25.74% | 23.73% |
| 2016 | 20.43% | 25.62% | 23.36% |
| 2015 | 20.63% | 25.40% | 19.50% |
| 2014 | 20.89% | 25.36% | 22.46% |
| 2013 | 20.78% | 25.34% | 20.99% |
| 2012 | 20.65% | 25.42% | 24.27% |
| 2011 | 20.70% | 25.71% | 26.39% |
| 2010 | 20.50% | 25.59% | 26.34% |
| 2009 | 20.12% | 25.54% | 24.12% |
| 2007 | 18.66% | 23.22% | 18.73% |
| 2005 | 18.89% | 22.88% | — |
Renter Fraction in Columbia County Florida
You can calculate the renter fraction in Columbia 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 Columbia County as a fraction of total Columbia County households. In 2019 33.00% of households were renters according to Census ACS data.
Columbia County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Florida | 33.75% | -0.33% | -2.12% |
| Columbia County FL | 33.00% | +7.25% | +2.81% |
Trends in the Columbia County FL Renter Fraction
The Columbia County household renter fraction peaked in in 2011 at 36.79% and is now 3.79% below that level. From a recent low of 24.75% in 2017, the household based renter fraction has now grown by 8.25%. The origin year for the series is 2006.
Fraction of Renting Households: Columbia County FL, Florida, US
History of Columbia County Renter Fraction
| Date | US | Florida | Columbia County FL |
|---|---|---|---|
| 2019 | 35.89% | 33.75% | 33.00% |
| 2018 | 36.05% | 34.08% | 25.75% |
| 2017 | 36.13% | 34.85% | 24.75% |
| 2016 | 36.88% | 35.87% | 30.19% |
| 2015 | 36.97% | 36.22% | 31.66% |
| 2014 | 36.90% | 35.95% | 25.21% |
| 2013 | 36.50% | 35.21% | 26.26% |
| 2012 | 36.09% | 34.36% | 27.12% |
| 2011 | 35.42% | 33.28% | 36.79% |
| 2010 | 34.65% | 31.85% | 27.85% |
| 2009 | 34.13% | 31.52% | 30.73% |
| 2007 | 32.80% | 29.39% | 33.84% |
| 2005 | 33.10% | 30.43% | — |
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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