Sullivan County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Sullivan County NY was $820 in 2019 according to the Census ACS survey.1 Average gross rent in Sullivan County was $894 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 Sullivan County median and average rent data will be released in September of 2021.
Data is also available below for Sullivan County rental vacancy rates, Sullivan County rent as a percent of median income and the fraction of renters in Sullivan County.
Real Gross Rent in Sullivan 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% |
Sullivan County NY Median Gross Rent | $820 | -9.29% | +4.19% |
Sullivan County NY Real Gross Rent Trends
Median gross rent for Sullivan County peaked in real terms in 2006 at $933 and is now $113 (12.11%) lower. From a recent low of 787.0 in 2016, real median gross rent has now increased by $33 (4.19%). Average gross rent for Sullivan County peaked in real terms in 2006 at $931 and is now $37 (3.97%) lower. From a recent low of 691.0 in 2016, real average gross rent has now increased by $203 (29.38%).
Real Gross Rent: Sullivan County NY Median, Sullivan County NY Average, New York Median, US Median
Real Gross Rent History for Sullivan County
Date | US Median |
New York Median |
Sullivan County NY Median |
Sullivan County NY Average |
---|---|---|---|---|
2019 | $1,097 | $1,309 | $820 | $894 |
2018 | $1,077 | $1,297 | $904 | $911 |
2017 | $1,043 | $1,264 | $852 | $907 |
2016 | $1,027 | $1,250 | $787 | $691 |
2015 | $1,017 | $1,244 | $929 | $814 |
2014 | $986 | $1,212 | $863 | $820 |
2013 | $953 | $1,168 | $867 | $792 |
2012 | $940 | $1,148 | $855 | $848 |
2011 | $941 | $1,143 | $864 | $814 |
2010 | $955 | $1,140 | $908 | $870 |
2009 | $960 | $1,121 | $862 | $857 |
2007 | $927 | $1,066 | $883 | $784 |
2005 | $910 | $1,051 | $833 | $775 |
Sullivan 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 Sullivan County New York was 5.72% according to Census ACS data.
Rental Vacancy Rate in Sullivan 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% |
Sullivan County NY | 5.72% | — | -9.34% |
Trends in Sullivan County NY Rental Vacancy Rate
The rental vacancy rate in Sullivan County peaked in 2016 at 15.06%. Since then it has fallen by 9.34% to 5.72%. Data records for this series originated in 2005.
Rental Vacancy Rate: Sullivan County NY, New York, US
Historical Rental Vacancy Rate data for Sullivan County
Date | US | New York | Sullivan County NY |
---|---|---|---|
2019 | 5.97% | 4.00% | 5.72% |
2018 | 6.15% | 4.20% | — |
2017 | 6.18% | 4.19% | 14.16% |
2016 | 5.89% | 4.42% | 15.06% |
2015 | 5.85% | 4.41% | 7.81% |
2014 | 6.32% | 4.34% | 12.91% |
2013 | 6.49% | 4.17% | 8.75% |
2012 | 6.77% | 4.34% | 14.28% |
2011 | 7.40% | 4.48% | 4.99% |
2010 | 8.17% | 5.03% | 3.63% |
2009 | 8.43% | 4.78% | 6.53% |
2007 | 7.87% | 4.70% | 4.09% |
2005 | 7.74% | 4.80% | 9.54% |
Rent as a Fraction of Income
Using median household income data for Sullivan County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sullivan County, median monthly gross rent as a fraction of median household income was 16.36% in 2019 according to the ACS.
Sullivan 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% |
Sullivan County NY | 16.36% | -4.02% | -1.45% |
Trends in Sullivan County NY Rent as a Fraction of Income
The fraction of median Sullivan County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 22.39%. Since then it has fallen by 6.02% to 16.36%.
Fraction of Income towards Rent: Sullivan County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Sullivan County New York
Date | US | New York | Sullivan County NY |
---|---|---|---|
2019 | 20.03% | 21.78% | 16.36% |
2018 | 20.50% | 22.53% | 20.38% |
2017 | 20.13% | 22.67% | 17.92% |
2016 | 20.43% | 22.78% | 17.82% |
2015 | 20.63% | 23.13% | 20.31% |
2014 | 20.89% | 23.40% | 18.42% |
2013 | 20.78% | 23.20% | 20.66% |
2012 | 20.65% | 22.94% | 20.62% |
2011 | 20.70% | 22.98% | 20.01% |
2010 | 20.50% | 22.60% | 22.39% |
2009 | 20.12% | 21.60% | 21.21% |
2007 | 18.66% | 20.34% | 19.16% |
2005 | 18.89% | 20.40% | 16.58% |
Renter Fraction in Sullivan County New York
You can calculate the renter fraction in Sullivan 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 Sullivan County as a fraction of total Sullivan County households. In 2019 30.76% of households were renters according to Census ACS data.
Sullivan 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% |
Sullivan County NY | 30.76% | -3.92% | +2.08% |
Trends in the Sullivan County NY Renter Fraction
The Sullivan County household renter fraction peaked in in 2013 at 37.09% and is now 6.33% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Sullivan County NY, New York, US
History of Sullivan County Renter Fraction
Date | US | New York | Sullivan County NY |
---|---|---|---|
2019 | 35.89% | 46.48% | 30.76% |
2018 | 36.05% | 46.33% | 34.68% |
2017 | 36.13% | 46.20% | 34.16% |
2016 | 36.88% | 46.72% | 28.68% |
2015 | 36.97% | 46.93% | 32.46% |
2014 | 36.90% | 47.02% | 33.64% |
2013 | 36.50% | 46.35% | 37.09% |
2012 | 36.09% | 46.35% | 32.53% |
2011 | 35.42% | 46.41% | 33.88% |
2010 | 34.65% | 45.75% | 36.66% |
2009 | 34.13% | 44.97% | 32.94% |
2007 | 32.80% | 44.48% | 33.14% |
2005 | 33.10% | 44.67% | 27.64% |
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. ↩