Sarpy County Nebraska Residential Rent and Rental Statistics
The median monthly gross residential rent in Sarpy County NE was $1,036 in 2019 according to the Census ACS survey.1 Average gross rent in Sarpy County was $1,051 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 Sarpy County median and average rent data will be released in September of 2021.
Data is also available below for Sarpy County rental vacancy rates, Sarpy County rent as a percent of median income and the fraction of renters in Sarpy County.
Real Gross Rent in Sarpy County Nebraska (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Nebraska Median Gross Rent | $859 | +1.66% | +6.71% |
| Sarpy County NE Median Gross Rent | $1,036 | +3.91% | +4.12% |
Sarpy County NE Real Gross Rent Trends
At $1,036, real median gross rent in Sarpy County was at its highest level in 2019 since the series began in 2005. Average gross rent for Sarpy County peaked in real terms in 2017 at $1,081 and is now $30 (2.78%) lower.
Real Gross Rent: Sarpy County NE Median, Sarpy County NE Average, Nebraska Median, US Median
Real Gross Rent History for Sarpy County
| Date | US Median |
Nebraska Median |
Sarpy County NE Median |
Sarpy County NE Average |
|---|---|---|---|---|
| 2019 | $1,097 | $859 | $1,036 | $1,051 |
| 2018 | $1,077 | $845 | $997 | $1,035 |
| 2017 | $1,043 | $826 | $1,023 | $1,081 |
| 2016 | $1,027 | $805 | $995 | $1,031 |
| 2015 | $1,017 | $796 | $969 | $1,012 |
| 2014 | $986 | $783 | $955 | $989 |
| 2013 | $953 | $752 | $892 | $987 |
| 2012 | $940 | $736 | $899 | $937 |
| 2011 | $941 | $727 | $862 | $912 |
| 2010 | $955 | $748 | $948 | $981 |
| 2009 | $960 | $734 | $930 | $962 |
| 2007 | $927 | $721 | $928 | $923 |
| 2005 | $910 | $711 | $863 | $824 |
Sarpy County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Sarpy County Nebraska was 5.08% according to Census ACS data.
Rental Vacancy Rate in Sarpy County Nebraska
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Nebraska | 5.92% | +0.17% | +0.94% |
| Sarpy County NE | — | — | — |
Trends in Sarpy County NE Rental Vacancy Rate
The rental vacancy rate in Sarpy County peaked in 2005 at 8.97%. Since then it has fallen by 3.89% to 5.08%. Data records for this series originated in 2005. From a 2010 post peak low of 3.72%, the rental vacancy rate has increased by 1.36%.
Rental Vacancy Rate: Sarpy County NE, Nebraska, US
Historical Rental Vacancy Rate data for Sarpy County
| Date | US | Nebraska | Sarpy County NE |
|---|---|---|---|
| 2019 | 5.97% | 5.92% | — |
| 2018 | 6.15% | 5.75% | 5.08% |
| 2017 | 6.18% | 6.27% | — |
| 2016 | 5.89% | 4.98% | — |
| 2015 | 5.85% | 5.65% | — |
| 2014 | 6.32% | 5.80% | 7.39% |
| 2013 | 6.49% | 5.60% | 8.81% |
| 2012 | 6.77% | 5.97% | — |
| 2011 | 7.40% | 6.44% | 4.18% |
| 2010 | 8.17% | 6.54% | 3.72% |
| 2009 | 8.43% | 7.43% | — |
| 2007 | 7.87% | 8.80% | — |
| 2005 | 7.74% | 8.14% | 8.97% |
Rent as a Fraction of Income
Using median household income data for Sarpy County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sarpy County, median monthly gross rent as a fraction of median household income was 14.85% in 2019 according to the ACS.
Sarpy County Nebraska Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Nebraska | 16.30% | -0.42% | +0.09% |
| Sarpy County NE | 14.85% | -0.22% | -0.65% |
Trends in Sarpy County NE Rent as a Fraction of Income
The fraction of median Sarpy County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 15.50%. Since then it has fallen by 0.65% to 14.85%.
Fraction of Income towards Rent: Sarpy County NE, Nebraska, US
Historical Data for Annual Rent as a Fraction of Income in Sarpy County Nebraska
| Date | US | Nebraska | Sarpy County NE |
|---|---|---|---|
| 2019 | 20.03% | 16.30% | 14.85% |
| 2018 | 20.50% | 16.72% | 15.07% |
| 2017 | 20.13% | 16.03% | 14.75% |
| 2016 | 20.43% | 16.21% | 15.50% |
| 2015 | 20.63% | 16.36% | 14.90% |
| 2014 | 20.89% | 16.90% | 14.72% |
| 2013 | 20.78% | 16.66% | 15.47% |
| 2012 | 20.65% | 16.37% | 15.18% |
| 2011 | 20.70% | 16.06% | 14.95% |
| 2010 | 20.50% | 16.58% | 14.63% |
| 2009 | 20.12% | 16.32% | 14.54% |
| 2007 | 18.66% | 15.65% | 15.16% |
| 2005 | 18.89% | 15.57% | 13.84% |
Renter Fraction in Sarpy County Nebraska
You can calculate the renter fraction in Sarpy 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 Sarpy County as a fraction of total Sarpy County households. In 2019 29.64% of households were renters according to Census ACS data.
Sarpy County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Nebraska | 33.71% | -0.23% | -0.97% |
| Sarpy County NE | 29.64% | -3.58% | -3.55% |
Trends in the Sarpy County NE Renter Fraction
The Sarpy County household renter fraction peaked in in 2018 at 33.22% and is now 3.58% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Sarpy County NE, Nebraska, US
History of Sarpy County Renter Fraction
| Date | US | Nebraska | Sarpy County NE |
|---|---|---|---|
| 2019 | 35.89% | 33.71% | 29.64% |
| 2018 | 36.05% | 33.94% | 33.22% |
| 2017 | 36.13% | 33.72% | 30.27% |
| 2016 | 36.88% | 34.68% | 33.19% |
| 2015 | 36.97% | 34.10% | 29.37% |
| 2014 | 36.90% | 34.06% | 28.92% |
| 2013 | 36.50% | 33.96% | 29.95% |
| 2012 | 36.09% | 33.66% | 30.34% |
| 2011 | 35.42% | 33.09% | 31.28% |
| 2010 | 34.65% | 32.62% | 27.37% |
| 2009 | 34.13% | 32.76% | 27.50% |
| 2007 | 32.80% | 31.24% | 28.83% |
| 2005 | 33.10% | 31.76% | 29.60% |
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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