Greene County Missouri Residential Rent and Rental Statistics
The median monthly gross residential rent in Greene County MO was $755 in 2019 according to the Census ACS survey.1 Average gross rent in Greene County was $731 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 Greene County median and average rent data will be released in September of 2021.
Data is also available below for Greene County rental vacancy rates, Greene County rent as a percent of median income and the fraction of renters in Greene County.
Real Gross Rent in Greene County Missouri (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Missouri Median Gross Rent | $834 | -1.30% | +3.35% |
Greene County MO Median Gross Rent | $755 | -0.66% | +4.14% |
Greene County MO Real Gross Rent Trends
Median gross rent for Greene County peaked in real terms in 2017 at $776 and is now $21 (2.71%) lower. Average gross rent for Greene County peaked in real terms in 2015 at $780 and is now $49 (6.28%) lower.
Real Gross Rent: Greene County MO Median, Greene County MO Average, Missouri Median, US Median
Real Gross Rent History for Greene County
Date | US Median |
Missouri Median |
Greene County MO Median |
Greene County MO Average |
---|---|---|---|---|
2019 | $1,097 | $834 | $755 | $731 |
2018 | $1,077 | $845 | $760 | $770 |
2017 | $1,043 | $825 | $776 | $777 |
2016 | $1,027 | $807 | $725 | $759 |
2015 | $1,017 | $809 | $757 | $780 |
2014 | $986 | $796 | $746 | $769 |
2013 | $953 | $773 | $729 | $741 |
2012 | $940 | $751 | $683 | $702 |
2011 | $941 | $765 | $714 | $730 |
2010 | $955 | $762 | $716 | $746 |
2009 | $960 | $761 | $715 | $700 |
2007 | $927 | $726 | $701 | $712 |
2005 | $910 | $741 | $714 | $763 |
Greene County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Greene County Missouri was 8.12% according to Census ACS data.
Rental Vacancy Rate in Greene County Missouri
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Missouri | 5.15% | -1.42% | -1.66% |
Greene County MO | — | — | — |
Trends in Greene County MO Rental Vacancy Rate
The rental vacancy rate in Greene County peaked in 2010 at 11.68%. Since then it has fallen by 3.56% to 8.12%. Data records for this series originated in 2005. From a 2012 post peak low of 5.89%, the rental vacancy rate has increased by 2.23%.
Rental Vacancy Rate: Greene County MO, Missouri, US
Historical Rental Vacancy Rate data for Greene County
Date | US | Missouri | Greene County MO |
---|---|---|---|
2019 | 5.97% | 5.15% | — |
2018 | 6.15% | 6.57% | — |
2017 | 6.18% | 6.40% | 8.12% |
2016 | 5.89% | 6.81% | 6.23% |
2015 | 5.85% | 6.43% | 7.12% |
2014 | 6.32% | 7.16% | 6.82% |
2013 | 6.49% | 6.86% | 7.50% |
2012 | 6.77% | 6.74% | 5.89% |
2011 | 7.40% | 8.22% | 10.52% |
2010 | 8.17% | 8.25% | 11.68% |
2009 | 8.43% | 8.24% | 8.53% |
2007 | 7.87% | 8.36% | — |
2005 | 7.74% | 9.28% | — |
Rent as a Fraction of Income
Using median household income data for Greene County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Greene County, median monthly gross rent as a fraction of median household income was 20.71% in 2019 according to the ACS.
Greene County Missouri Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Missouri | 17.43% | -0.85% | -0.45% |
Greene County MO | 20.71% | +0.23% | +0.97% |
Trends in Greene County MO Rent as a Fraction of Income
The fraction of median Greene County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 21.98%. Since then it has fallen by 1.27% to 20.71%.
Fraction of Income towards Rent: Greene County MO, Missouri, US
Historical Data for Annual Rent as a Fraction of Income in Greene County Missouri
Date | US | Missouri | Greene County MO |
---|---|---|---|
2019 | 20.03% | 17.43% | 20.71% |
2018 | 20.50% | 18.28% | 20.48% |
2017 | 20.13% | 17.92% | 20.03% |
2016 | 20.43% | 17.88% | 19.74% |
2015 | 20.63% | 18.23% | 19.62% |
2014 | 20.89% | 18.71% | 21.42% |
2013 | 20.78% | 18.77% | 21.98% |
2012 | 20.65% | 18.69% | 19.09% |
2011 | 20.70% | 18.78% | 19.77% |
2010 | 20.50% | 18.47% | 20.68% |
2009 | 20.12% | 17.72% | 19.97% |
2007 | 18.66% | 16.44% | 17.40% |
2005 | 18.89% | 16.95% | 18.78% |
Renter Fraction in Greene County Missouri
You can calculate the renter fraction in Greene 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 Greene County as a fraction of total Greene County households. In 2019 47.56% of households were renters according to Census ACS data.
Greene County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Missouri | 32.88% | -0.34% | -1.04% |
Greene County MO | 47.56% | +2.95% | +4.23% |
Trends in the Greene County MO Renter Fraction
At 47.56%, the 2019 household based renter fraction in Greene County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Greene County MO, Missouri, US
History of Greene County Renter Fraction
Date | US | Missouri | Greene County MO |
---|---|---|---|
2019 | 35.89% | 32.88% | 47.56% |
2018 | 36.05% | 33.22% | 44.61% |
2017 | 36.13% | 33.05% | 43.14% |
2016 | 36.88% | 33.92% | 43.33% |
2015 | 36.97% | 33.87% | 43.01% |
2014 | 36.90% | 33.09% | 41.12% |
2013 | 36.50% | 33.03% | 42.59% |
2012 | 36.09% | 32.53% | 40.96% |
2011 | 35.42% | 31.95% | 41.65% |
2010 | 34.65% | 31.02% | 39.69% |
2009 | 34.13% | 30.92% | 41.73% |
2007 | 32.80% | 29.34% | 35.50% |
2005 | 33.10% | 29.36% | 37.29% |
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. ↩