Johnson County Iowa Residential Rent and Rental Statistics
The median monthly gross residential rent in Johnson County IA was $977 in 2019 according to the Census ACS survey.1 Average gross rent in Johnson County was $1,032 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 Johnson County median and average rent data will be released in September of 2021.
Data is also available below for Johnson County rental vacancy rates, Johnson County rent as a percent of median income and the fraction of renters in Johnson County.
Real Gross Rent in Johnson County Iowa (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Iowa Median Gross Rent | $808 | +2.15% | +4.12% |
| Johnson County IA Median Gross Rent | $977 | -2.40% | +5.28% |
Johnson County IA Real Gross Rent Trends
Median gross rent for Johnson County peaked in real terms in 2018 at $1,001 and is now $24 (2.40%) lower. Average gross rent for Johnson County peaked in real terms in 2017 at $1,065 and is now $33 (3.10%) lower.
Real Gross Rent: Johnson County IA Median, Johnson County IA Average, Iowa Median, US Median
Real Gross Rent History for Johnson County
| Date | US Median |
Iowa Median |
Johnson County IA Median |
Johnson County IA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $808 | $977 | $1,032 |
| 2018 | $1,077 | $791 | $1,001 | $1,038 |
| 2017 | $1,043 | $784 | $993 | $1,065 |
| 2016 | $1,027 | $776 | $928 | $959 |
| 2015 | $1,017 | $762 | $946 | $1,054 |
| 2014 | $986 | $751 | $991 | $1,044 |
| 2013 | $953 | $715 | $859 | $959 |
| 2012 | $940 | $703 | $839 | $917 |
| 2011 | $941 | $694 | $904 | $956 |
| 2010 | $955 | $703 | $919 | $959 |
| 2009 | $960 | $696 | $811 | $889 |
| 2007 | $927 | $666 | $788 | $865 |
| 2005 | $910 | $699 | $864 | $929 |
Johnson 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 Johnson County Iowa was 7.58% according to Census ACS data.
Rental Vacancy Rate in Johnson County Iowa
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Iowa | 6.21% | -0.67% | -0.03% |
| Johnson County IA | 7.58% | +3.46% | — |
Trends in Johnson County IA Rental Vacancy Rate
At 7.58%, Johnson County residential rental vacancy rate in 2019 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Johnson County IA, Iowa, US
Historical Rental Vacancy Rate data for Johnson County
| Date | US | Iowa | Johnson County IA |
|---|---|---|---|
| 2019 | 5.97% | 6.21% | 7.58% |
| 2018 | 6.15% | 6.88% | 4.12% |
| 2017 | 6.18% | 7.31% | 4.30% |
| 2016 | 5.89% | 6.24% | — |
| 2015 | 5.85% | 6.41% | 6.58% |
| 2014 | 6.32% | 5.47% | 0.50% |
| 2013 | 6.49% | 6.03% | — |
| 2012 | 6.77% | 6.77% | — |
| 2011 | 7.40% | 6.64% | — |
| 2010 | 8.17% | 6.38% | 5.98% |
| 2009 | 8.43% | 5.97% | 4.28% |
| 2007 | 7.87% | 7.54% | 3.83% |
| 2005 | 7.74% | 7.17% | — |
Rent as a Fraction of Income
Using median household income data for Johnson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Johnson County, median monthly gross rent as a fraction of median household income was 17.76% in 2019 according to the ACS.
Johnson County Iowa Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Iowa | 15.72% | +0.17% | -0.09% |
| Johnson County IA | 17.76% | -0.95% | -0.55% |
Trends in Johnson County IA Rent as a Fraction of Income
The fraction of median Johnson County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 20.04%. Since then it has fallen by 2.28% to 17.76%.
Fraction of Income towards Rent: Johnson County IA, Iowa, US
Historical Data for Annual Rent as a Fraction of Income in Johnson County Iowa
| Date | US | Iowa | Johnson County IA |
|---|---|---|---|
| 2019 | 20.03% | 15.72% | 17.76% |
| 2018 | 20.50% | 15.55% | 18.71% |
| 2017 | 20.13% | 15.57% | 18.94% |
| 2016 | 20.43% | 15.81% | 18.31% |
| 2015 | 20.63% | 15.74% | 19.14% |
| 2014 | 20.89% | 15.88% | 18.70% |
| 2013 | 20.78% | 15.60% | 18.97% |
| 2012 | 20.65% | 15.57% | 18.17% |
| 2011 | 20.70% | 15.61% | 19.05% |
| 2010 | 20.50% | 15.74% | 20.04% |
| 2009 | 20.12% | 15.26% | 17.56% |
| 2007 | 18.66% | 14.39% | 15.61% |
| 2005 | 18.89% | 15.38% | 18.92% |
Renter Fraction in Johnson County Iowa
You can calculate the renter fraction in Johnson 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 Johnson County as a fraction of total Johnson County households. In 2019 42.29% of households were renters according to Census ACS data.
Johnson County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Iowa | 29.47% | +0.75% | +0.10% |
| Johnson County IA | 42.29% | +0.29% | +0.08% |
Trends in the Johnson County IA Renter Fraction
The Johnson County household renter fraction peaked in in 2013 at 44.13% and is now 1.84% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Johnson County IA, Iowa, US
History of Johnson County Renter Fraction
| Date | US | Iowa | Johnson County IA |
|---|---|---|---|
| 2019 | 35.89% | 29.47% | 42.29% |
| 2018 | 36.05% | 28.72% | 42.00% |
| 2017 | 36.13% | 28.40% | 38.41% |
| 2016 | 36.88% | 29.37% | 42.21% |
| 2015 | 36.97% | 29.33% | 41.71% |
| 2014 | 36.90% | 29.13% | 38.22% |
| 2013 | 36.50% | 29.19% | 44.13% |
| 2012 | 36.09% | 28.07% | 40.25% |
| 2011 | 35.42% | 27.65% | 39.50% |
| 2010 | 34.65% | 27.64% | 41.76% |
| 2009 | 34.13% | 27.92% | 39.17% |
| 2007 | 32.80% | 26.31% | 38.74% |
| 2005 | 33.10% | 26.90% | 40.85% |
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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