Chautauqua County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Chautauqua County NY was $664 in 2019 according to the Census ACS survey.1 Average gross rent in Chautauqua County was $628 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 Chautauqua County median and average rent data will be released in September of 2021.
Data is also available below for Chautauqua County rental vacancy rates, Chautauqua County rent as a percent of median income and the fraction of renters in Chautauqua County.
Real Gross Rent in Chautauqua County New York (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
New York Median Gross Rent | $1,309 | +0.93% | +4.72% |
Chautauqua County NY Median Gross Rent | $664 | +0.91% | +2.63% |
Chautauqua County NY Real Gross Rent Trends
Median gross rent for Chautauqua County peaked in real terms in 2009 at $725 and is now $61 (8.41%) lower. Average gross rent for Chautauqua County peaked in real terms in 2006 at $674 and is now $46 (6.82%) lower.
Real Gross Rent: Chautauqua County NY Median, Chautauqua County NY Average, New York Median, US Median
Real Gross Rent History for Chautauqua County
Date | US Median |
New York Median |
Chautauqua County NY Median |
Chautauqua County NY Average |
---|---|---|---|---|
2019 | $1,097 | $1,309 | $664 | $628 |
2018 | $1,077 | $1,297 | $658 | $657 |
2017 | $1,043 | $1,264 | $664 | $660 |
2016 | $1,027 | $1,250 | $647 | $657 |
2015 | $1,017 | $1,244 | $631 | $621 |
2014 | $986 | $1,212 | $628 | $631 |
2013 | $953 | $1,168 | $617 | $587 |
2012 | $940 | $1,148 | $639 | $627 |
2011 | $941 | $1,143 | $659 | $657 |
2010 | $955 | $1,140 | $622 | $583 |
2009 | $960 | $1,121 | $725 | $672 |
2007 | $927 | $1,066 | $639 | $632 |
2005 | $910 | $1,051 | $600 | $563 |
Chautauqua 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 Chautauqua County New York was 2.96% according to Census ACS data.
Rental Vacancy Rate in Chautauqua County New York
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
New York | 4.00% | -0.20% | -0.42% |
Chautauqua County NY | 2.96% | +0.62% | -3.62% |
Trends in Chautauqua County NY Rental Vacancy Rate
The rental vacancy rate in Chautauqua County peaked in 2005 at 9.51%. Since then it has fallen by 6.55% to 2.96%. Data records for this series originated in 2005. From a 2018 post peak low of 2.34%, the rental vacancy rate has increased by 0.62%.
Rental Vacancy Rate: Chautauqua County NY, New York, US
Historical Rental Vacancy Rate data for Chautauqua County
Date | US | New York | Chautauqua County NY |
---|---|---|---|
2019 | 5.97% | 4.00% | 2.96% |
2018 | 6.15% | 4.20% | 2.34% |
2017 | 6.18% | 4.19% | 5.23% |
2016 | 5.89% | 4.42% | 6.58% |
2015 | 5.85% | 4.41% | 7.13% |
2014 | 6.32% | 4.34% | 9.28% |
2013 | 6.49% | 4.17% | 9.47% |
2012 | 6.77% | 4.34% | 6.66% |
2011 | 7.40% | 4.48% | 7.29% |
2010 | 8.17% | 5.03% | 8.58% |
2009 | 8.43% | 4.78% | 9.04% |
2007 | 7.87% | 4.70% | 7.32% |
2005 | 7.74% | 4.80% | 9.51% |
Rent as a Fraction of Income
Using median household income data for Chautauqua County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Chautauqua County, median monthly gross rent as a fraction of median household income was 15.85% in 2019 according to the ACS.
Chautauqua County New York Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
New York | 21.78% | -0.75% | -0.99% |
Chautauqua County NY | 15.85% | -1.20% | -1.72% |
Trends in Chautauqua County NY Rent as a Fraction of Income
The fraction of median Chautauqua County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 20.16%. Since then it has fallen by 4.31% to 15.85%.
Fraction of Income towards Rent: Chautauqua County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Chautauqua County New York
Date | US | New York | Chautauqua County NY |
---|---|---|---|
2019 | 20.03% | 21.78% | 15.85% |
2018 | 20.50% | 22.53% | 17.05% |
2017 | 20.13% | 22.67% | 16.77% |
2016 | 20.43% | 22.78% | 17.57% |
2015 | 20.63% | 23.13% | 16.06% |
2014 | 20.89% | 23.40% | 17.08% |
2013 | 20.78% | 23.20% | 17.40% |
2012 | 20.65% | 22.94% | 17.43% |
2011 | 20.70% | 22.98% | 17.89% |
2010 | 20.50% | 22.60% | 16.53% |
2009 | 20.12% | 21.60% | 20.16% |
2007 | 18.66% | 20.34% | 16.76% |
2005 | 18.89% | 20.40% | 16.23% |
Renter Fraction in Chautauqua County New York
You can calculate the renter fraction in Chautauqua 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 Chautauqua County as a fraction of total Chautauqua County households. In 2019 30.53% of households were renters according to Census ACS data.
Chautauqua County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
New York | 46.48% | +0.15% | -0.24% |
Chautauqua County NY | 30.53% | +0.08% | -1.39% |
Trends in the Chautauqua County NY Renter Fraction
The Chautauqua County household renter fraction peaked in in 2011 at 32.82% and is now 2.29% below that level. From a recent low of 28.36% in 2014, the household based renter fraction has now grown by 2.17%. The origin year for the series is 2005.
Fraction of Renting Households: Chautauqua County NY, New York, US
History of Chautauqua County Renter Fraction
Date | US | New York | Chautauqua County NY |
---|---|---|---|
2019 | 35.89% | 46.48% | 30.53% |
2018 | 36.05% | 46.33% | 30.45% |
2017 | 36.13% | 46.20% | 29.29% |
2016 | 36.88% | 46.72% | 31.92% |
2015 | 36.97% | 46.93% | 30.39% |
2014 | 36.90% | 47.02% | 28.36% |
2013 | 36.50% | 46.35% | 31.62% |
2012 | 36.09% | 46.35% | 30.14% |
2011 | 35.42% | 46.41% | 32.82% |
2010 | 34.65% | 45.75% | 28.63% |
2009 | 34.13% | 44.97% | 31.80% |
2007 | 32.80% | 44.48% | 32.63% |
2005 | 33.10% | 44.67% | 28.78% |
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. ↩