Orange County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Orange County NY was $1,324 in 2019 according to the Census ACS survey.1 Average gross rent in Orange County was $1,326 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 Orange County median and average rent data will be released in September of 2021.
Data is also available below for Orange County rental vacancy rates, Orange County rent as a percent of median income and the fraction of renters in Orange County.
Real Gross Rent in Orange 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% |
| Orange County NY Median Gross Rent | $1,324 | +4.66% | +9.06% |
Orange County NY Real Gross Rent Trends
At $1,324, real median gross rent in Orange County was at its highest level in 2019 since the series began in 2005. At $1,326, real average gross rent in Orange County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Orange County NY Median, Orange County NY Average, New York Median, US Median
Real Gross Rent History for Orange County
| Date | US Median |
New York Median |
Orange County NY Median |
Orange County NY Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,309 | $1,324 | $1,326 |
| 2018 | $1,077 | $1,297 | $1,265 | $1,277 |
| 2017 | $1,043 | $1,264 | $1,282 | $1,258 |
| 2016 | $1,027 | $1,250 | $1,214 | $1,220 |
| 2015 | $1,017 | $1,244 | $1,248 | $1,273 |
| 2014 | $986 | $1,212 | $1,224 | $1,219 |
| 2013 | $953 | $1,168 | $1,199 | $1,225 |
| 2012 | $940 | $1,148 | $1,173 | $1,206 |
| 2011 | $941 | $1,143 | $1,217 | $1,198 |
| 2010 | $955 | $1,140 | $1,203 | $1,233 |
| 2009 | $960 | $1,121 | $1,184 | $1,180 |
| 2007 | $927 | $1,066 | $1,155 | $1,081 |
| 2005 | $910 | $1,051 | $1,151 | $1,098 |
Orange 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 Orange County New York was 2.07% according to Census ACS data.
Rental Vacancy Rate in Orange 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% |
| Orange County NY | 2.07% | -1.45% | -1.53% |
Trends in Orange County NY Rental Vacancy Rate
The rental vacancy rate in Orange County peaked in 2014 at 6.91%. Since then it has fallen by 4.84% to 2.07%. Data records for this series originated in 2005.
Rental Vacancy Rate: Orange County NY, New York, US
Historical Rental Vacancy Rate data for Orange County
| Date | US | New York | Orange County NY |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | 2.07% |
| 2018 | 6.15% | 4.20% | 3.52% |
| 2017 | 6.18% | 4.19% | 4.23% |
| 2016 | 5.89% | 4.42% | 3.60% |
| 2015 | 5.85% | 4.41% | 5.56% |
| 2014 | 6.32% | 4.34% | 6.91% |
| 2013 | 6.49% | 4.17% | 3.56% |
| 2012 | 6.77% | 4.34% | 4.15% |
| 2011 | 7.40% | 4.48% | 4.39% |
| 2010 | 8.17% | 5.03% | 4.63% |
| 2009 | 8.43% | 4.78% | 4.61% |
| 2007 | 7.87% | 4.70% | 4.11% |
| 2005 | 7.74% | 4.80% | 2.85% |
Rent as a Fraction of Income
Using median household income data for Orange County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Orange County, median monthly gross rent as a fraction of median household income was 18.81% in 2019 according to the ACS.
Orange 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% |
| Orange County NY | 18.81% | -0.86% | -0.23% |
Trends in Orange County NY Rent as a Fraction of Income
The fraction of median Orange County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 20.42%. Since then it has fallen by 1.61% to 18.81%.
Fraction of Income towards Rent: Orange County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Orange County New York
| Date | US | New York | Orange County NY |
|---|---|---|---|
| 2019 | 20.03% | 21.78% | 18.81% |
| 2018 | 20.50% | 22.53% | 19.67% |
| 2017 | 20.13% | 22.67% | 18.81% |
| 2016 | 20.43% | 22.78% | 19.05% |
| 2015 | 20.63% | 23.13% | 19.32% |
| 2014 | 20.89% | 23.40% | 19.80% |
| 2013 | 20.78% | 23.20% | 19.82% |
| 2012 | 20.65% | 22.94% | 19.92% |
| 2011 | 20.70% | 22.98% | 20.42% |
| 2010 | 20.50% | 22.60% | 19.61% |
| 2009 | 20.12% | 21.60% | 18.10% |
| 2007 | 18.66% | 20.34% | 17.93% |
| 2005 | 18.89% | 20.40% | 17.56% |
Renter Fraction in Orange County New York
You can calculate the renter fraction in Orange 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 Orange County as a fraction of total Orange County households. In 2019 33.56% of households were renters according to Census ACS data.
Orange 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% |
| Orange County NY | 33.56% | +0.75% | -3.18% |
Trends in the Orange County NY Renter Fraction
The Orange County household renter fraction peaked in in 2016 at 36.74% and is now 3.18% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Orange County NY, New York, US
History of Orange County Renter Fraction
| Date | US | New York | Orange County NY |
|---|---|---|---|
| 2019 | 35.89% | 46.48% | 33.56% |
| 2018 | 36.05% | 46.33% | 32.81% |
| 2017 | 36.13% | 46.20% | 30.11% |
| 2016 | 36.88% | 46.72% | 36.74% |
| 2015 | 36.97% | 46.93% | 33.36% |
| 2014 | 36.90% | 47.02% | 29.35% |
| 2013 | 36.50% | 46.35% | 31.79% |
| 2012 | 36.09% | 46.35% | 30.93% |
| 2011 | 35.42% | 46.41% | 31.80% |
| 2010 | 34.65% | 45.75% | 30.82% |
| 2009 | 34.13% | 44.97% | 29.30% |
| 2007 | 32.80% | 44.48% | 28.41% |
| 2005 | 33.10% | 44.67% | 32.90% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / New York
- / Orange County
