Rockland County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Rockland County NY was $1,490 in 2019 according to the Census ACS survey.1 Average gross rent in Rockland County was $1,488 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 Rockland County median and average rent data will be released in September of 2021.
Data is also available below for Rockland County rental vacancy rates, Rockland County rent as a percent of median income and the fraction of renters in Rockland County.
Real Gross Rent in Rockland 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% |
Rockland County NY Median Gross Rent | $1,490 | -0.40% | -3.75% |
Rockland County NY Real Gross Rent Trends
Median gross rent for Rockland County peaked in real terms in 2016 at $1,548 and is now $58 (3.75%) lower. Average gross rent for Rockland County peaked in real terms in 2016 at $1,642 and is now $154 (9.38%) lower.
Real Gross Rent: Rockland County NY Median, Rockland County NY Average, New York Median, US Median
Real Gross Rent History for Rockland County
Date | US Median |
New York Median |
Rockland County NY Median |
Rockland County NY Average |
---|---|---|---|---|
2019 | $1,097 | $1,309 | $1,490 | $1,488 |
2018 | $1,077 | $1,297 | $1,496 | $1,510 |
2017 | $1,043 | $1,264 | $1,505 | $1,536 |
2016 | $1,027 | $1,250 | $1,548 | $1,642 |
2015 | $1,017 | $1,244 | $1,458 | $1,468 |
2014 | $986 | $1,212 | $1,351 | $1,365 |
2013 | $953 | $1,168 | $1,427 | $1,401 |
2012 | $940 | $1,148 | $1,358 | $1,373 |
2011 | $941 | $1,143 | $1,436 | $1,467 |
2010 | $955 | $1,140 | $1,410 | $1,407 |
2009 | $960 | $1,121 | $1,425 | $1,495 |
2007 | $927 | $1,066 | $1,417 | $1,422 |
2005 | $910 | $1,051 | $1,348 | $1,296 |
Rockland 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 Rockland County New York was 1.37% according to Census ACS data.
Rental Vacancy Rate in Rockland 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% |
Rockland County NY | 1.37% | -0.94% | -3.53% |
Trends in Rockland County NY Rental Vacancy Rate
The rental vacancy rate in Rockland County peaked in 2010 at 7.75%. Since then it has fallen by 6.38% to 1.37%. Data records for this series originated in 2005.
Rental Vacancy Rate: Rockland County NY, New York, US
Historical Rental Vacancy Rate data for Rockland County
Date | US | New York | Rockland County NY |
---|---|---|---|
2019 | 5.97% | 4.00% | 1.37% |
2018 | 6.15% | 4.20% | 2.31% |
2017 | 6.18% | 4.19% | 3.25% |
2016 | 5.89% | 4.42% | 4.90% |
2015 | 5.85% | 4.41% | 3.00% |
2014 | 6.32% | 4.34% | 4.54% |
2013 | 6.49% | 4.17% | 5.10% |
2012 | 6.77% | 4.34% | 4.68% |
2011 | 7.40% | 4.48% | 6.96% |
2010 | 8.17% | 5.03% | 7.75% |
2009 | 8.43% | 4.78% | 5.45% |
2007 | 7.87% | 4.70% | 3.08% |
2005 | 7.74% | 4.80% | — |
Rent as a Fraction of Income
Using median household income data for Rockland County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Rockland County, median monthly gross rent as a fraction of median household income was 17.72% in 2019 according to the ACS.
Rockland 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% |
Rockland County NY | 17.72% | -1.91% | -3.02% |
Trends in Rockland County NY Rent as a Fraction of Income
The fraction of median Rockland County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 20.74%. Since then it has fallen by 3.02% to 17.72%.
Fraction of Income towards Rent: Rockland County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Rockland County New York
Date | US | New York | Rockland County NY |
---|---|---|---|
2019 | 20.03% | 21.78% | 17.72% |
2018 | 20.50% | 22.53% | 19.63% |
2017 | 20.13% | 22.67% | 19.75% |
2016 | 20.43% | 22.78% | 20.74% |
2015 | 20.63% | 23.13% | 19.31% |
2014 | 20.89% | 23.40% | 18.06% |
2013 | 20.78% | 23.20% | 20.09% |
2012 | 20.65% | 22.94% | 18.53% |
2011 | 20.70% | 22.98% | 19.41% |
2010 | 20.50% | 22.60% | 18.02% |
2009 | 20.12% | 21.60% | 19.05% |
2007 | 18.66% | 20.34% | 17.69% |
2005 | 18.89% | 20.40% | 16.45% |
Renter Fraction in Rockland County New York
You can calculate the renter fraction in Rockland 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 Rockland County as a fraction of total Rockland County households. In 2019 31.91% of households were renters according to Census ACS data.
Rockland 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% |
Rockland County NY | 31.91% | +0.73% | +0.66% |
Trends in the Rockland County NY Renter Fraction
The Rockland County household renter fraction peaked in in 2015 at 33.06% and is now 1.15% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Rockland County NY, New York, US
History of Rockland County Renter Fraction
Date | US | New York | Rockland County NY |
---|---|---|---|
2019 | 35.89% | 46.48% | 31.91% |
2018 | 36.05% | 46.33% | 31.18% |
2017 | 36.13% | 46.20% | 32.65% |
2016 | 36.88% | 46.72% | 31.25% |
2015 | 36.97% | 46.93% | 33.06% |
2014 | 36.90% | 47.02% | 31.43% |
2013 | 36.50% | 46.35% | 30.54% |
2012 | 36.09% | 46.35% | 31.53% |
2011 | 35.42% | 46.41% | 30.02% |
2010 | 34.65% | 45.75% | 30.48% |
2009 | 34.13% | 44.97% | 27.56% |
2007 | 32.80% | 44.48% | 26.13% |
2005 | 33.10% | 44.67% | 26.14% |
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. ↩