Linn County Iowa Residential Rent and Rental Statistics
The median monthly gross residential rent in Linn County IA was $769 in 2019 according to the Census ACS survey.1 Average gross rent in Linn County was $829 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 Linn County median and average rent data will be released in September of 2021.
Data is also available below for Linn County rental vacancy rates, Linn County rent as a percent of median income and the fraction of renters in Linn County.
Real Gross Rent in Linn 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% |
Linn County IA Median Gross Rent | $769 | +5.92% | +3.08% |
Linn County IA Real Gross Rent Trends
At $769, real median gross rent in Linn County was at its highest level in 2019 since the series began in 2005. At $829, real average gross rent in Linn County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Linn County IA Median, Linn County IA Average, Iowa Median, US Median
Real Gross Rent History for Linn County
Date | US Median |
Iowa Median |
Linn County IA Median |
Linn County IA Average |
---|---|---|---|---|
2019 | $1,097 | $808 | $769 | $829 |
2018 | $1,077 | $791 | $726 | $766 |
2017 | $1,043 | $784 | $761 | $791 |
2016 | $1,027 | $776 | $746 | $770 |
2015 | $1,017 | $762 | $750 | $752 |
2014 | $986 | $751 | $757 | $736 |
2013 | $953 | $715 | $718 | $742 |
2012 | $940 | $703 | $717 | $755 |
2011 | $941 | $694 | $671 | $757 |
2010 | $955 | $703 | $743 | $757 |
2009 | $960 | $696 | $709 | $726 |
2007 | $927 | $666 | $651 | $685 |
2005 | $910 | $699 | $735 | $731 |
Linn 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 Linn County Iowa was 6.24% according to Census ACS data.
Rental Vacancy Rate in Linn County Iowa
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Iowa | 6.21% | -0.67% | -0.03% |
Linn County IA | 6.24% | -0.08% | -1.91% |
Trends in Linn County IA Rental Vacancy Rate
The rental vacancy rate in Linn County peaked in 2017 at 13.04%. Since then it has fallen by 6.80% to 6.24%. Data records for this series originated in 2005.
Rental Vacancy Rate: Linn County IA, Iowa, US
Historical Rental Vacancy Rate data for Linn County
Date | US | Iowa | Linn County IA |
---|---|---|---|
2019 | 5.97% | 6.21% | 6.24% |
2018 | 6.15% | 6.88% | 6.32% |
2017 | 6.18% | 7.31% | 13.04% |
2016 | 5.89% | 6.24% | 8.15% |
2015 | 5.85% | 6.41% | — |
2014 | 6.32% | 5.47% | 8.03% |
2013 | 6.49% | 6.03% | — |
2012 | 6.77% | 6.77% | 9.68% |
2011 | 7.40% | 6.64% | 6.95% |
2010 | 8.17% | 6.38% | 5.30% |
2009 | 8.43% | 5.97% | 7.44% |
2007 | 7.87% | 7.54% | 3.65% |
2005 | 7.74% | 7.17% | 8.05% |
Rent as a Fraction of Income
Using median household income data for Linn County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Linn County, median monthly gross rent as a fraction of median household income was 14.52% in 2019 according to the ACS.
Linn 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% |
Linn County IA | 14.52% | +1.17% | +1.30% |
Trends in Linn County IA Rent as a Fraction of Income
The fraction of median Linn County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 15.61%. Since then it has fallen by 1.09% to 14.52%. From a 2007 low of 12.71%, the fraction of income going to rent has increased by 1.81%.
Fraction of Income towards Rent: Linn County IA, Iowa, US
Historical Data for Annual Rent as a Fraction of Income in Linn County Iowa
Date | US | Iowa | Linn County IA |
---|---|---|---|
2019 | 20.03% | 15.72% | 14.52% |
2018 | 20.50% | 15.55% | 13.35% |
2017 | 20.13% | 15.57% | 14.02% |
2016 | 20.43% | 15.81% | 13.22% |
2015 | 20.63% | 15.74% | 14.87% |
2014 | 20.89% | 15.88% | 13.66% |
2013 | 20.78% | 15.60% | 14.57% |
2012 | 20.65% | 15.57% | 14.08% |
2011 | 20.70% | 15.61% | 13.44% |
2010 | 20.50% | 15.74% | 14.63% |
2009 | 20.12% | 15.26% | 14.03% |
2007 | 18.66% | 14.39% | 12.71% |
2005 | 18.89% | 15.38% | 14.45% |
Renter Fraction in Linn County Iowa
You can calculate the renter fraction in Linn 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 Linn County as a fraction of total Linn County households. In 2019 29.24% of households were renters according to Census ACS data.
Linn 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% |
Linn County IA | 29.24% | +4.14% | +2.71% |
Trends in the Linn County IA Renter Fraction
At 29.24%, the 2019 household based renter fraction in Linn County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Linn County IA, Iowa, US
History of Linn County Renter Fraction
Date | US | Iowa | Linn County IA |
---|---|---|---|
2019 | 35.89% | 29.47% | 29.24% |
2018 | 36.05% | 28.72% | 25.10% |
2017 | 36.13% | 28.40% | 24.60% |
2016 | 36.88% | 29.37% | 26.53% |
2015 | 36.97% | 29.33% | 28.11% |
2014 | 36.90% | 29.13% | 24.64% |
2013 | 36.50% | 29.19% | 27.16% |
2012 | 36.09% | 28.07% | 27.48% |
2011 | 35.42% | 27.65% | 25.87% |
2010 | 34.65% | 27.64% | 27.56% |
2009 | 34.13% | 27.92% | 27.70% |
2007 | 32.80% | 26.31% | 28.25% |
2005 | 33.10% | 26.90% | 26.89% |
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. ↩