Riley County Kansas Residential Rent and Rental Statistics
The median monthly gross residential rent in Riley County KS was $889 in 2019 according to the Census ACS survey.1 Average gross rent in Riley County was $930 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 Riley County median and average rent data will be released in September of 2021.
Data is also available below for Riley County rental vacancy rates, Riley County rent as a percent of median income and the fraction of renters in Riley County.
Real Gross Rent in Riley County Kansas (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Kansas Median Gross Rent | $862 | +0.82% | +4.36% |
| Riley County KS Median Gross Rent | $889 | -1.55% | -5.32% |
Riley County KS Real Gross Rent Trends
Median gross rent for Riley County peaked in real terms in 2015 at $1,019 and is now $130 (12.76%) lower. Average gross rent for Riley County peaked in real terms in 2015 at $1,032 and is now $102 (9.88%) lower.
Real Gross Rent: Riley County KS Median, Riley County KS Average, Kansas Median, US Median
Real Gross Rent History for Riley County
| Date | US Median |
Kansas Median |
Riley County KS Median |
Riley County KS Average |
|---|---|---|---|---|
| 2019 | $1,097 | $862 | $889 | $930 |
| 2018 | $1,077 | $855 | $903 | $951 |
| 2017 | $1,043 | $840 | $942 | $995 |
| 2016 | $1,027 | $826 | $939 | $999 |
| 2015 | $1,017 | $830 | $1,019 | $1,032 |
| 2014 | $986 | $816 | $946 | $950 |
| 2013 | $953 | $785 | $992 | $899 |
| 2012 | $940 | $756 | $884 | $872 |
| 2011 | $941 | $766 | $873 | $892 |
| 2010 | $955 | $762 | $902 | $868 |
| 2009 | $960 | $765 | $850 | $914 |
| 2007 | $927 | $732 | $802 | $813 |
| 2005 | $910 | $735 | — | — |
Riley 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 Riley County Kansas was 12.83% according to Census ACS data.
Rental Vacancy Rate in Riley County Kansas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Kansas | 7.83% | -0.11% | -0.47% |
| Riley County KS | 12.83% | +3.67% | — |
Trends in Riley County KS Rental Vacancy Rate
At 12.83%, Riley County residential rental vacancy rate in 2019 is at the highest point since 2007, the beginning of our reporting for this series.
Rental Vacancy Rate: Riley County KS, Kansas, US
Historical Rental Vacancy Rate data for Riley County
| Date | US | Kansas | Riley County KS |
|---|---|---|---|
| 2019 | 5.97% | 7.83% | 12.83% |
| 2018 | 6.15% | 7.94% | 9.16% |
| 2017 | 6.18% | 7.49% | — |
| 2016 | 5.89% | 8.30% | — |
| 2015 | 5.85% | 7.74% | — |
| 2014 | 6.32% | 8.45% | 8.82% |
| 2013 | 6.49% | 6.54% | — |
| 2012 | 6.77% | 6.92% | — |
| 2011 | 7.40% | 8.09% | — |
| 2010 | 8.17% | 7.42% | — |
| 2009 | 8.43% | 7.41% | — |
| 2007 | 7.87% | 8.18% | — |
| 2005 | 7.74% | 10.02% | — |
Rent as a Fraction of Income
Using median household income data for Riley County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Riley County, median monthly gross rent as a fraction of median household income was 20.95% in 2019 according to the ACS.
Riley County Kansas Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Kansas | 16.66% | -0.65% | -0.57% |
| Riley County KS | 20.95% | -2.86% | -0.26% |
Trends in Riley County KS Rent as a Fraction of Income
The fraction of median Riley County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2007 series origin) at 25.82%. Since then it has fallen by 4.87% to 20.95%.
Fraction of Income towards Rent: Riley County KS, Kansas, US
Historical Data for Annual Rent as a Fraction of Income in Riley County Kansas
| Date | US | Kansas | Riley County KS |
|---|---|---|---|
| 2019 | 20.03% | 16.66% | 20.95% |
| 2018 | 20.50% | 17.31% | 23.81% |
| 2017 | 20.13% | 17.33% | 21.91% |
| 2016 | 20.43% | 17.23% | 21.22% |
| 2015 | 20.63% | 17.41% | 24.71% |
| 2014 | 20.89% | 17.67% | 23.99% |
| 2013 | 20.78% | 17.54% | 25.82% |
| 2012 | 20.65% | 16.98% | 23.84% |
| 2011 | 20.70% | 17.38% | 21.49% |
| 2010 | 20.50% | 16.96% | 21.40% |
| 2009 | 20.12% | 16.84% | 23.00% |
| 2007 | 18.66% | 15.76% | 22.41% |
| 2005 | 18.89% | 16.44% | — |
Renter Fraction in Riley County Kansas
You can calculate the renter fraction in Riley 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 Riley County as a fraction of total Riley County households. In 2019 57.65% of households were renters according to Census ACS data.
Riley County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Kansas | 33.54% | -0.30% | -0.77% |
| Riley County KS | 57.65% | +0.55% | -1.30% |
Trends in the Riley County KS Renter Fraction
The Riley County household renter fraction peaked in in 2015 at 61.29% and is now 3.64% below that level. The origin year for the series is 2007.
Fraction of Renting Households: Riley County KS, Kansas, US
History of Riley County Renter Fraction
| Date | US | Kansas | Riley County KS |
|---|---|---|---|
| 2019 | 35.89% | 33.54% | 57.65% |
| 2018 | 36.05% | 33.84% | 57.10% |
| 2017 | 36.13% | 34.14% | 53.79% |
| 2016 | 36.88% | 34.31% | 58.95% |
| 2015 | 36.97% | 33.58% | 61.29% |
| 2014 | 36.90% | 33.37% | 57.99% |
| 2013 | 36.50% | 33.94% | 56.79% |
| 2012 | 36.09% | 33.64% | 56.88% |
| 2011 | 35.42% | 32.19% | 58.15% |
| 2010 | 34.65% | 31.93% | 57.42% |
| 2009 | 34.13% | 32.20% | 57.95% |
| 2007 | 32.80% | 29.84% | 51.78% |
| 2005 | 33.10% | 30.54% | — |
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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