Cecil County Maryland Residential Rent and Rental Statistics
The median monthly gross residential rent in Cecil County MD was $1,145 in 2019 according to the Census ACS survey.1 Average gross rent in Cecil County was $1,148 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 Cecil County median and average rent data will be released in September of 2021.
Data is also available below for Cecil County rental vacancy rates, Cecil County rent as a percent of median income and the fraction of renters in Cecil County.
Real Gross Rent in Cecil County Maryland (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Maryland Median Gross Rent | $1,401 | +0.36% | +1.82% |
| Cecil County MD Median Gross Rent | $1,145 | +1.60% | -1.04% |
Cecil County MD Real Gross Rent Trends
Median gross rent for Cecil County peaked in real terms in 2016 at $1,157 and is now $12 (1.04%) lower. At $1,148, real average gross rent in Cecil County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Cecil County MD Median, Cecil County MD Average, Maryland Median, US Median
Real Gross Rent History for Cecil County
| Date | US Median |
Maryland Median |
Cecil County MD Median |
Cecil County MD Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,401 | $1,145 | $1,148 |
| 2018 | $1,077 | $1,396 | $1,127 | $1,087 |
| 2017 | $1,043 | $1,379 | $1,096 | $1,026 |
| 2016 | $1,027 | $1,376 | $1,157 | $1,133 |
| 2015 | $1,017 | $1,356 | $1,119 | $1,078 |
| 2014 | $986 | $1,311 | $1,047 | $1,019 |
| 2013 | $953 | $1,274 | $1,060 | $980 |
| 2012 | $940 | $1,245 | $999 | $1,015 |
| 2011 | $941 | $1,245 | $1,013 | $1,016 |
| 2010 | $955 | $1,264 | $1,079 | $988 |
| 2009 | $960 | $1,263 | $1,082 | $1,041 |
| 2007 | $927 | $1,175 | $1,069 | $992 |
| 2005 | $910 | $1,114 | $1,068 | $915 |
Cecil 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 Cecil County Maryland was 3.44% according to Census ACS data.
Rental Vacancy Rate in Cecil County Maryland
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Maryland | 6.29% | -0.27% | +0.75% |
| Cecil County MD | 3.44% | -9.09% | -1.23% |
Trends in Cecil County MD Rental Vacancy Rate
The rental vacancy rate in Cecil County peaked in 2018 at 12.53%. Since then it has fallen by 9.09% to 3.44%. Data records for this series originated in 2005.
Rental Vacancy Rate: Cecil County MD, Maryland, US
Historical Rental Vacancy Rate data for Cecil County
| Date | US | Maryland | Cecil County MD |
|---|---|---|---|
| 2019 | 5.97% | 6.29% | 3.44% |
| 2018 | 6.15% | 6.56% | 12.53% |
| 2017 | 6.18% | 5.94% | — |
| 2016 | 5.89% | 5.54% | 4.67% |
| 2015 | 5.85% | 5.65% | 10.42% |
| 2014 | 6.32% | 6.83% | 8.35% |
| 2013 | 6.49% | 6.96% | — |
| 2012 | 6.77% | 6.99% | 5.88% |
| 2011 | 7.40% | 7.10% | 7.96% |
| 2010 | 8.17% | 7.53% | 7.33% |
| 2009 | 8.43% | 9.09% | 8.73% |
| 2007 | 7.87% | 8.78% | — |
| 2005 | 7.74% | 6.14% | 6.22% |
Rent as a Fraction of Income
Using median household income data for Cecil County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cecil County, median monthly gross rent as a fraction of median household income was 17.97% in 2019 according to the ACS.
Cecil County Maryland Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Maryland | 19.38% | -0.38% | -0.59% |
| Cecil County MD | 17.97% | +0.13% | +0.11% |
Trends in Cecil County MD Rent as a Fraction of Income
The fraction of median Cecil County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.22%. Since then it has fallen by 1.24% to 17.97%.
Fraction of Income towards Rent: Cecil County MD, Maryland, US
Historical Data for Annual Rent as a Fraction of Income in Cecil County Maryland
| Date | US | Maryland | Cecil County MD |
|---|---|---|---|
| 2019 | 20.03% | 19.38% | 17.97% |
| 2018 | 20.50% | 19.76% | 17.84% |
| 2017 | 20.13% | 19.86% | 17.03% |
| 2016 | 20.43% | 19.97% | 17.87% |
| 2015 | 20.63% | 20.22% | 17.91% |
| 2014 | 20.89% | 20.15% | 19.22% |
| 2013 | 20.78% | 20.03% | 18.28% |
| 2012 | 20.65% | 19.74% | 17.88% |
| 2011 | 20.70% | 19.76% | 18.25% |
| 2010 | 20.50% | 19.71% | 18.57% |
| 2009 | 20.12% | 19.19% | 18.80% |
| 2007 | 18.66% | 17.63% | 17.29% |
| 2005 | 18.89% | 17.36% | 17.33% |
Renter Fraction in Cecil County Maryland
You can calculate the renter fraction in Cecil 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 Cecil County as a fraction of total Cecil County households. In 2019 26.61% of households were renters according to Census ACS data.
Cecil County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Maryland | 33.17% | +0.08% | -0.94% |
| Cecil County MD | 26.61% | +0.40% | -3.21% |
Trends in the Cecil County MD Renter Fraction
The Cecil County household renter fraction peaked in in 2012 at 31.44% and is now 4.83% below that level. From a recent low of 23.29% in 2013, the household based renter fraction has now grown by 3.32%. The origin year for the series is 2005.
Fraction of Renting Households: Cecil County MD, Maryland, US
History of Cecil County Renter Fraction
| Date | US | Maryland | Cecil County MD |
|---|---|---|---|
| 2019 | 35.89% | 33.17% | 26.61% |
| 2018 | 36.05% | 33.09% | 26.21% |
| 2017 | 36.13% | 33.29% | 26.36% |
| 2016 | 36.88% | 34.11% | 29.82% |
| 2015 | 36.97% | 34.06% | 27.79% |
| 2014 | 36.90% | 34.11% | 26.13% |
| 2013 | 36.50% | 33.53% | 23.29% |
| 2012 | 36.09% | 33.54% | 31.44% |
| 2011 | 35.42% | 32.66% | 27.83% |
| 2010 | 34.65% | 32.96% | 27.75% |
| 2009 | 34.13% | 31.44% | 26.32% |
| 2007 | 32.80% | 30.08% | 27.56% |
| 2005 | 33.10% | 31.02% | 25.98% |
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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