Coeur dAlene Idaho Residential Rent and Rental Statistics
The median monthly gross residential rent in Coeur dAlene, ID (the Coeur d'Alene metro area) was $966 in 2019 according to the Census ACS survey.1 Average gross rent in Coeur dAlene was $969 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 Coeur dAlene median and average rent data will be released in September of 2021.
Data is also available below for Coeur dAlene rental vacancy rates, Coeur dAlene rent as a percent of median income and the fraction of renters in Coeur dAlene.
Real Gross Rent in Coeur dAlene Idaho (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Idaho Median Gross Rent | $880 | +1.97% | +6.41% |
Coeur dAlene, ID Median Gross Rent | $966 | -5.20% | +0.94% |
Coeur dAlene, ID Real Gross Rent Trends
Median gross rent for Coeur dAlene peaked in real terms in 2018 at $1,019 and is now $53 (5.20%) lower. Average gross rent for Coeur dAlene peaked in real terms in 2018 at $1,050 and is now $81 (7.71%) lower.
Real Gross Rent in Coeur dAlene: Coeur dAlene ID Median, Coeur dAlene ID Average, Idaho Median, US Median
Real Gross Rent History for Coeur dAlene
Date | US Median |
Idaho Median |
Coeur dAlene, ID Median |
Coeur dAlene, ID Average |
---|---|---|---|---|
2019 | $1,097 | $880 | $966 | $969 |
2018 | $1,077 | $863 | $1,019 | $1,050 |
2017 | $1,043 | $848 | $1,002 | $992 |
2016 | $1,027 | $827 | $957 | $973 |
2015 | $1,017 | $817 | $918 | $901 |
2014 | $986 | $797 | $836 | $923 |
2013 | $953 | $763 | $840 | $818 |
2012 | $940 | $747 | $881 | $903 |
2011 | $941 | $744 | $839 | $805 |
2010 | $955 | $763 | $841 | $829 |
2009 | $960 | $791 | $919 | $902 |
2007 | $927 | $768 | $847 | $866 |
2005 | $910 | $743 | $856 | $841 |
Coeur dAlene 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 Coeur dAlene Idaho was 1.92% according to Census ACS data.
Rental Vacancy Rate in Coeur dAlene Idaho
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Idaho | 3.96% | -1.39% | -1.41% |
Coeur dAlene, ID | 1.92% | +1.53% | — |
Trends in Coeur dAlene, ID Rental Vacancy Rate
The rental vacancy rate in Coeur dAlene peaked in 2012 at 9.26%. Since then it has fallen by 7.34% to 1.92%. Data records for this series originated in 2005. From a 2018 post peak low of 0.39%, the rental vacancy rate has increased by 1.53%.
Rental Vacancy Rate: Coeur dAlene ID, Idaho, US
Historical Rental Vacancy Rate data for Coeur dAlene
Date | US | Idaho | Coeur dAlene, ID |
---|---|---|---|
2019 | 5.97% | 3.96% | 1.92% |
2018 | 6.15% | 5.35% | 0.39% |
2017 | 6.18% | 6.21% | — |
2016 | 5.89% | 5.37% | — |
2015 | 5.85% | 4.97% | 4.00% |
2014 | 6.32% | 5.23% | 5.29% |
2013 | 6.49% | 5.05% | 3.08% |
2012 | 6.77% | 6.45% | 9.26% |
2011 | 7.40% | 5.53% | 8.19% |
2010 | 8.17% | 7.93% | 7.32% |
2009 | 8.43% | 8.58% | — |
2007 | 7.87% | 6.21% | — |
2005 | 7.74% | 4.84% | 4.94% |
Rent as a Fraction of Income
Using median household income data for Coeur dAlene, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Coeur dAlene, median monthly gross rent as a fraction of median household income was 18.52% in 2019 according to the ACS.
Coeur dAlene Idaho Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Idaho | 17.31% | -1.00% | -0.99% |
Coeur dAlene, ID | 18.52% | -3.22% | -2.66% |
Trends in Coeur dAlene, ID Rent as a Fraction of Income
The fraction of median Coeur dAlene household income required to pay median monthly gross rent peaked in 2005 (relative to the 2005 series origin) at 22.41%. Since then it has fallen by 3.89% to 18.52%. From a 2013 low of 17.44%, the fraction of income going to rent has increased by 1.09%.
Fraction of Income towards Rent: Coeur dAlene ID, Idaho, US
Historical Data for Annual Rent as a Fraction of Income in Coeur dAlene Idaho
Date | US | Idaho | Coeur dAlene, ID |
---|---|---|---|
2019 | 20.03% | 17.31% | 18.52% |
2018 | 20.50% | 18.31% | 21.75% |
2017 | 20.13% | 18.89% | 20.38% |
2016 | 20.43% | 18.30% | 21.19% |
2015 | 20.63% | 19.14% | 21.69% |
2014 | 20.89% | 18.93% | 19.48% |
2013 | 20.78% | 18.60% | 17.44% |
2012 | 20.65% | 18.52% | 21.20% |
2011 | 20.70% | 19.08% | 19.51% |
2010 | 20.50% | 18.85% | 21.35% |
2009 | 20.12% | 18.54% | 20.39% |
2007 | 18.66% | 16.97% | 18.54% |
2005 | 18.89% | 17.20% | 22.41% |
Renter Fraction in Coeur dAlene Idaho
You can calculate the renter fraction in Coeur dAlene 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 Coeur dAlene as a fraction of total Coeur dAlene households. In 2019 30.79% of households were renters according to Census ACS data.
Coeur dAlene Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Idaho | 28.43% | -0.83% | -3.11% |
Coeur dAlene, ID | 30.79% | +2.71% | -4.08% |
Trends in the Coeur dAlene, ID Renter Fraction
The Coeur dAlene household renter fraction peaked in in 2016 at 34.87% and is now 4.08% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Coeur dAlene ID, Idaho, US
History of Coeur dAlene Renter Fraction
Date | US | Idaho | Coeur dAlene, ID |
---|---|---|---|
2019 | 35.89% | 28.43% | 30.79% |
2018 | 36.05% | 29.26% | 28.08% |
2017 | 36.13% | 30.34% | 26.96% |
2016 | 36.88% | 31.54% | 34.87% |
2015 | 36.97% | 31.04% | 30.14% |
2014 | 36.90% | 31.98% | 33.70% |
2013 | 36.50% | 30.64% | 25.61% |
2012 | 36.09% | 31.63% | 31.05% |
2011 | 35.42% | 31.26% | 29.24% |
2010 | 34.65% | 30.38% | 30.07% |
2009 | 34.13% | 28.47% | 28.56% |
2007 | 32.80% | 27.95% | 27.40% |
2005 | 33.10% | 28.60% | 28.05% |
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. ↩