Ashtabula County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Ashtabula County OH was $698 in 2019 according to the Census ACS survey.1 Average gross rent in Ashtabula County was $660 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 Ashtabula County median and average rent data will be released in September of 2021.
Data is also available below for Ashtabula County rental vacancy rates, Ashtabula County rent as a percent of median income and the fraction of renters in Ashtabula County.
Real Gross Rent in Ashtabula County Ohio (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Ohio Median Gross Rent | $813 | +0.25% | +2.26% |
| Ashtabula County OH Median Gross Rent | $698 | +0.58% | -0.99% |
Ashtabula County OH Real Gross Rent Trends
Median gross rent for Ashtabula County peaked in real terms in 2008 at $735 and is now $37 (5.03%) lower. From a recent low of 620.0 in 2009, real median gross rent has now increased by $78 (12.58%). Average gross rent for Ashtabula County peaked in real terms in 2005 at $711 and is now $51 (7.17%) lower. From a recent low of 590.0 in 2012, real average gross rent has now increased by $70 (11.86%).
Real Gross Rent: Ashtabula County OH Median, Ashtabula County OH Average, Ohio Median, US Median
Real Gross Rent History for Ashtabula County
| Date | US Median |
Ohio Median |
Ashtabula County OH Median |
Ashtabula County OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $698 | $660 |
| 2018 | $1,077 | $811 | $694 | $616 |
| 2017 | $1,043 | $796 | $653 | $642 |
| 2016 | $1,027 | $795 | $705 | $617 |
| 2015 | $1,017 | $791 | $703 | $653 |
| 2014 | $986 | $776 | $658 | $627 |
| 2013 | $953 | $747 | $632 | $602 |
| 2012 | $940 | $745 | $632 | $590 |
| 2011 | $941 | $747 | $675 | $615 |
| 2010 | $955 | $765 | $670 | $640 |
| 2009 | $960 | $764 | $620 | $625 |
| 2007 | $927 | $755 | $666 | $652 |
| 2005 | $910 | $766 | $710 | $711 |
Ashtabula 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 Ashtabula County Ohio was 2.10% according to Census ACS data.
Rental Vacancy Rate in Ashtabula County Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Ashtabula County OH | 2.10% | -12.07% | -6.90% |
Trends in Ashtabula County OH Rental Vacancy Rate
The rental vacancy rate in Ashtabula County peaked in 2018 at 14.17%. Since then it has fallen by 12.07% to 2.10%. Data records for this series originated in 2005.
Rental Vacancy Rate: Ashtabula County OH, Ohio, US
Historical Rental Vacancy Rate data for Ashtabula County
| Date | US | Ohio | Ashtabula County OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | 2.10% |
| 2018 | 6.15% | 5.54% | 14.17% |
| 2017 | 6.18% | 5.62% | 4.09% |
| 2016 | 5.89% | 5.44% | 9.00% |
| 2015 | 5.85% | 5.56% | 4.45% |
| 2014 | 6.32% | 6.26% | 6.54% |
| 2013 | 6.49% | 6.15% | 9.01% |
| 2012 | 6.77% | 7.08% | 8.63% |
| 2011 | 7.40% | 7.89% | 5.52% |
| 2010 | 8.17% | 9.45% | 9.17% |
| 2009 | 8.43% | 9.17% | 9.32% |
| 2007 | 7.87% | 10.00% | 7.51% |
| 2005 | 7.74% | 10.37% | 8.70% |
Rent as a Fraction of Income
Using median household income data for Ashtabula County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Ashtabula County, median monthly gross rent as a fraction of median household income was 18.79% in 2019 according to the ACS.
Ashtabula County Ohio Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Ohio | 16.64% | -0.41% | -0.77% |
| Ashtabula County OH | 18.79% | +1.13% | -0.01% |
Trends in Ashtabula County OH Rent as a Fraction of Income
The fraction of median Ashtabula County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 19.79%. Since then it has fallen by 1.00% to 18.79%.
Fraction of Income towards Rent: Ashtabula County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Ashtabula County Ohio
| Date | US | Ohio | Ashtabula County OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 18.79% |
| 2018 | 20.50% | 17.04% | 17.66% |
| 2017 | 20.13% | 17.15% | 17.20% |
| 2016 | 20.43% | 17.40% | 18.80% |
| 2015 | 20.63% | 17.53% | 17.87% |
| 2014 | 20.89% | 17.89% | 19.13% |
| 2013 | 20.78% | 17.70% | 17.63% |
| 2012 | 20.65% | 17.94% | 19.79% |
| 2011 | 20.70% | 18.15% | 19.63% |
| 2010 | 20.50% | 18.23% | 18.58% |
| 2009 | 20.12% | 17.71% | 16.48% |
| 2007 | 18.66% | 16.56% | 17.09% |
| 2005 | 18.89% | 16.91% | 18.62% |
Renter Fraction in Ashtabula County Ohio
You can calculate the renter fraction in Ashtabula 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 Ashtabula County as a fraction of total Ashtabula County households. In 2019 31.81% of households were renters according to Census ACS data.
Ashtabula County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Ohio | 33.96% | -0.17% | -0.68% |
| Ashtabula County OH | 31.81% | +6.29% | +3.66% |
Trends in the Ashtabula County OH Renter Fraction
The Ashtabula County household renter fraction peaked in in 2017 at 33.80% and is now 1.99% below that level. From a recent low of 25.52% in 2018, the household based renter fraction has now grown by 6.29%. The origin year for the series is 2005.
Fraction of Renting Households: Ashtabula County OH, Ohio, US
History of Ashtabula County Renter Fraction
| Date | US | Ohio | Ashtabula County OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 31.81% |
| 2018 | 36.05% | 34.13% | 25.52% |
| 2017 | 36.13% | 34.22% | 33.80% |
| 2016 | 36.88% | 34.64% | 28.15% |
| 2015 | 36.97% | 34.59% | 31.15% |
| 2014 | 36.90% | 34.67% | 30.36% |
| 2013 | 36.50% | 33.93% | 26.37% |
| 2012 | 36.09% | 33.71% | 28.35% |
| 2011 | 35.42% | 33.02% | 28.78% |
| 2010 | 34.65% | 31.60% | 27.46% |
| 2009 | 34.13% | 31.95% | 27.94% |
| 2007 | 32.80% | 30.32% | 27.63% |
| 2005 | 33.10% | 30.06% | 26.30% |
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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