Calcasieu Parish Louisiana Residential Rent and Rental Statistics
The median monthly gross residential rent in Calcasieu Parish LA was $868 in 2019 according to the Census ACS survey.1 Average gross rent in Calcasieu Parish was $811 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 Calcasieu Parish median and average rent data will be released in September of 2021.
Data is also available below for Calcasieu Parish rental vacancy rates, Calcasieu Parish rent as a percent of median income and the fraction of renters in Calcasieu Parish.
Real Gross Rent in Calcasieu Parish Louisiana (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Louisiana Median Gross Rent | $866 | -0.35% | +2.36% |
Calcasieu Parish LA Median Gross Rent | $868 | +3.46% | +5.85% |
Calcasieu Parish LA Real Gross Rent Trends
At $868, real median gross rent in Calcasieu Parish was at its highest level in 2019 since the series began in 2005. Average gross rent for Calcasieu Parish peaked in real terms in 2017 at $817 and is now $6 (0.73%) lower.
Real Gross Rent: Calcasieu Parish LA Median, Calcasieu Parish LA Average, Louisiana Median, US Median
Real Gross Rent History for Calcasieu Parish
Date | US Median |
Louisiana Median |
Calcasieu Parish LA Median |
Calcasieu Parish LA Average |
---|---|---|---|---|
2019 | $1,097 | $866 | $868 | $811 |
2018 | $1,077 | $869 | $839 | $797 |
2017 | $1,043 | $862 | $838 | $817 |
2016 | $1,027 | $846 | $820 | $796 |
2015 | $1,017 | $849 | $809 | $751 |
2014 | $986 | $846 | $836 | $707 |
2013 | $953 | $803 | $791 | $689 |
2012 | $940 | $795 | $730 | $677 |
2011 | $941 | $807 | $770 | $698 |
2010 | $955 | $822 | $810 | $706 |
2009 | $960 | $815 | $780 | $693 |
2007 | $927 | $765 | $771 | $678 |
2005 | $910 | $711 | $695 | $591 |
Calcasieu Parish 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 Calcasieu Parish Louisiana was 11.14% according to Census ACS data.
Rental Vacancy Rate in Calcasieu Parish Louisiana
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Louisiana | 8.34% | -0.37% | -0.10% |
Calcasieu Parish LA | 11.14% | +1.84% | +5.81% |
Trends in Calcasieu Parish LA Rental Vacancy Rate
The rental vacancy rate in Calcasieu Parish peaked in 2009 at 11.48%. Since then it has fallen by 0.34% to 11.14%. Data records for this series originated in 2005.
Rental Vacancy Rate: Calcasieu Parish LA, Louisiana, US
Historical Rental Vacancy Rate data for Calcasieu Parish
Date | US | Louisiana | Calcasieu Parish LA |
---|---|---|---|
2019 | 5.97% | 8.34% | 11.14% |
2018 | 6.15% | 8.71% | 9.30% |
2017 | 6.18% | 8.74% | 10.64% |
2016 | 5.89% | 8.44% | 5.33% |
2015 | 5.85% | 8.30% | 7.07% |
2014 | 6.32% | 8.36% | 9.83% |
2013 | 6.49% | 7.64% | 6.57% |
2012 | 6.77% | 8.55% | 10.94% |
2011 | 7.40% | 8.15% | 11.27% |
2010 | 8.17% | 8.98% | 10.94% |
2009 | 8.43% | 8.19% | 11.48% |
2007 | 7.87% | 7.18% | 2.27% |
2005 | 7.74% | 7.89% | 4.70% |
Rent as a Fraction of Income
Using median household income data for Calcasieu Parish, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Calcasieu Parish, median monthly gross rent as a fraction of median household income was 20.33% in 2019 according to the ACS.
Calcasieu Parish Louisiana Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Louisiana | 20.35% | -1.04% | -1.13% |
Calcasieu Parish LA | 20.33% | +0.19% | -0.12% |
Trends in Calcasieu Parish LA Rent as a Fraction of Income
The fraction of median Calcasieu Parish household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.84%. Since then it has fallen by 1.52% to 20.33%.
Fraction of Income towards Rent: Calcasieu Parish LA, Louisiana, US
Historical Data for Annual Rent as a Fraction of Income in Calcasieu Parish Louisiana
Date | US | Louisiana | Calcasieu Parish LA |
---|---|---|---|
2019 | 20.03% | 20.35% | 20.33% |
2018 | 20.50% | 21.39% | 20.13% |
2017 | 20.13% | 21.74% | 18.65% |
2016 | 20.43% | 21.48% | 20.44% |
2015 | 20.63% | 20.99% | 20.01% |
2014 | 20.89% | 21.57% | 20.78% |
2013 | 20.78% | 20.73% | 21.14% |
2012 | 20.65% | 20.87% | 18.58% |
2011 | 20.70% | 21.48% | 21.26% |
2010 | 20.50% | 20.78% | 21.84% |
2009 | 20.12% | 20.19% | 18.71% |
2007 | 18.66% | 19.09% | 18.74% |
2005 | 18.89% | 18.59% | 19.17% |
Renter Fraction in Calcasieu Parish Louisiana
You can calculate the renter fraction in Calcasieu Parish 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 Calcasieu Parish as a fraction of total Calcasieu Parish households. In 2019 34.05% of households were renters according to Census ACS data.
Calcasieu Parish Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Louisiana | 33.51% | -1.01% | -2.23% |
Calcasieu Parish LA | 34.05% | +0.21% | -1.14% |
Trends in the Calcasieu Parish LA Renter Fraction
The Calcasieu Parish household renter fraction peaked in in 2016 at 35.19% and is now 1.14% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Calcasieu Parish LA, Louisiana, US
History of Calcasieu Parish Renter Fraction
Date | US | Louisiana | Calcasieu Parish LA |
---|---|---|---|
2019 | 35.89% | 33.51% | 34.05% |
2018 | 36.05% | 34.52% | 33.84% |
2017 | 36.13% | 34.82% | 30.78% |
2016 | 36.88% | 35.74% | 35.19% |
2015 | 36.97% | 35.42% | 31.99% |
2014 | 36.90% | 35.58% | 33.82% |
2013 | 36.50% | 34.03% | 32.50% |
2012 | 36.09% | 34.27% | 29.66% |
2011 | 35.42% | 33.57% | 31.83% |
2010 | 34.65% | 32.45% | 25.73% |
2009 | 34.13% | 32.08% | 29.33% |
2007 | 32.80% | 32.06% | 31.43% |
2005 | 33.10% | 32.19% | 30.30% |
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. ↩