St. Johns County Florida Residential Rent and Rental Statistics
The median monthly gross residential rent in St. Johns County FL was $1,334 in 2019 according to the Census ACS survey.1 Average gross rent in St. Johns County was $1,350 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 St. Johns County median and average rent data will be released in September of 2021.
Data is also available below for St. Johns County rental vacancy rates, St. Johns County rent as a percent of median income and the fraction of renters in St. Johns County.
Real Gross Rent in St. Johns 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% |
| St. Johns County FL Median Gross Rent | $1,334 | +9.17% | +2.22% |
St. Johns County FL Real Gross Rent Trends
Median gross rent for St. Johns County peaked in real terms in 2017 at $1,336 and is now $2 (0.15%) lower. At $1,350, real average gross rent in St. Johns County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: St. Johns County FL Median, St. Johns County FL Average, Florida Median, US Median
Real Gross Rent History for St. Johns County
| Date | US Median |
Florida Median |
St. Johns County FL Median |
St. Johns County FL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,238 | $1,334 | $1,350 |
| 2018 | $1,077 | $1,203 | $1,222 | $1,293 |
| 2017 | $1,043 | $1,163 | $1,336 | $1,264 |
| 2016 | $1,027 | $1,137 | $1,305 | $1,328 |
| 2015 | $1,017 | $1,110 | $1,287 | $1,320 |
| 2014 | $986 | $1,059 | $1,185 | $1,230 |
| 2013 | $953 | $1,024 | $1,098 | $1,162 |
| 2012 | $940 | $1,015 | $1,119 | $1,122 |
| 2011 | $941 | $1,025 | $1,149 | $1,127 |
| 2010 | $955 | $1,058 | $1,169 | $1,226 |
| 2009 | $960 | $1,085 | $1,086 | $1,132 |
| 2007 | $927 | $1,087 | $1,167 | $1,148 |
| 2005 | $910 | $1,011 | $1,029 | $1,083 |
St. Johns 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 St. Johns County Florida was 10.09% according to Census ACS data.
Rental Vacancy Rate in St. Johns County Florida
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Florida | 8.72% | +0.20% | +0.42% |
| St. Johns County FL | 10.09% | +6.16% | +5.54% |
Trends in St. Johns County FL Rental Vacancy Rate
The rental vacancy rate in St. Johns County peaked in 2008 at 21.17%. Since then it has fallen by 11.08% to 10.09%. Data records for this series originated in 2005. From a 2018 post peak low of 3.93%, the rental vacancy rate has increased by 6.16%.
Rental Vacancy Rate: St. Johns County FL, Florida, US
Historical Rental Vacancy Rate data for St. Johns County
| Date | US | Florida | St. Johns County FL |
|---|---|---|---|
| 2019 | 5.97% | 8.72% | 10.09% |
| 2018 | 6.15% | 8.52% | 3.93% |
| 2017 | 6.18% | 9.16% | 9.06% |
| 2016 | 5.89% | 8.30% | 4.55% |
| 2015 | 5.85% | 7.79% | 11.27% |
| 2014 | 6.32% | 8.66% | 5.41% |
| 2013 | 6.49% | 9.22% | 5.65% |
| 2012 | 6.77% | 9.37% | 7.44% |
| 2011 | 7.40% | 10.91% | — |
| 2010 | 8.17% | 12.17% | 12.62% |
| 2009 | 8.43% | 13.16% | 12.15% |
| 2007 | 7.87% | 11.55% | 17.19% |
| 2005 | 7.74% | 7.72% | 12.16% |
Rent as a Fraction of Income
Using median household income data for St. Johns County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For St. Johns County, median monthly gross rent as a fraction of median household income was 17.72% in 2019 according to the ACS.
St. Johns 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% |
| St. Johns County FL | 17.72% | -0.12% | -1.31% |
Trends in St. Johns County FL Rent as a Fraction of Income
The fraction of median St. Johns County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.32%. Since then it has fallen by 3.60% to 17.72%.
Fraction of Income towards Rent: St. Johns County FL, Florida, US
Historical Data for Annual Rent as a Fraction of Income in St. Johns County Florida
| Date | US | Florida | St. Johns County FL |
|---|---|---|---|
| 2019 | 20.03% | 25.08% | 17.72% |
| 2018 | 20.50% | 25.57% | 17.84% |
| 2017 | 20.13% | 25.74% | 21.06% |
| 2016 | 20.43% | 25.62% | 19.03% |
| 2015 | 20.63% | 25.40% | 20.68% |
| 2014 | 20.89% | 25.36% | 20.41% |
| 2013 | 20.78% | 25.34% | 19.30% |
| 2012 | 20.65% | 25.42% | 20.60% |
| 2011 | 20.70% | 25.71% | 20.43% |
| 2010 | 20.50% | 25.59% | 21.32% |
| 2009 | 20.12% | 25.54% | 18.78% |
| 2007 | 18.66% | 23.22% | 19.01% |
| 2005 | 18.89% | 22.88% | 17.25% |
Renter Fraction in St. Johns County Florida
You can calculate the renter fraction in St. Johns 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 St. Johns County as a fraction of total St. Johns County households. In 2019 16.95% of households were renters according to Census ACS data.
St. Johns 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% |
| St. Johns County FL | 16.95% | -0.61% | -4.84% |
Trends in the St. Johns County FL Renter Fraction
The St. Johns County household renter fraction peaked in in 2014 at 26.90% and is now 9.95% below that level. The origin year for the series is 2005.
Fraction of Renting Households: St. Johns County FL, Florida, US
History of St. Johns County Renter Fraction
| Date | US | Florida | St. Johns County FL |
|---|---|---|---|
| 2019 | 35.89% | 33.75% | 16.95% |
| 2018 | 36.05% | 34.08% | 17.56% |
| 2017 | 36.13% | 34.85% | 21.31% |
| 2016 | 36.88% | 35.87% | 21.79% |
| 2015 | 36.97% | 36.22% | 23.08% |
| 2014 | 36.90% | 35.95% | 26.90% |
| 2013 | 36.50% | 35.21% | 23.39% |
| 2012 | 36.09% | 34.36% | 24.29% |
| 2011 | 35.42% | 33.28% | 24.83% |
| 2010 | 34.65% | 31.85% | 24.96% |
| 2009 | 34.13% | 31.52% | 21.76% |
| 2007 | 32.80% | 29.39% | 22.43% |
| 2005 | 33.10% | 30.43% | 22.38% |
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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