Fairfield County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Fairfield County OH was $827 in 2019 according to the Census ACS survey.1 Average gross rent in Fairfield County was $931 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 Fairfield County median and average rent data will be released in September of 2021.
Data is also available below for Fairfield County rental vacancy rates, Fairfield County rent as a percent of median income and the fraction of renters in Fairfield County.
Real Gross Rent in Fairfield 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% |
| Fairfield County OH Median Gross Rent | $827 | -7.91% | -5.27% |
Fairfield County OH Real Gross Rent Trends
Median gross rent for Fairfield County peaked in real terms in 2014 at $920 and is now $93 (10.11%) lower. At $931, real average gross rent in Fairfield County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Fairfield County OH Median, Fairfield County OH Average, Ohio Median, US Median
Real Gross Rent History for Fairfield County
| Date | US Median |
Ohio Median |
Fairfield County OH Median |
Fairfield County OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $827 | $931 |
| 2018 | $1,077 | $811 | $898 | $904 |
| 2017 | $1,043 | $796 | $917 | $926 |
| 2016 | $1,027 | $795 | $873 | $901 |
| 2015 | $1,017 | $791 | $866 | $854 |
| 2014 | $986 | $776 | $920 | $891 |
| 2013 | $953 | $747 | $791 | $834 |
| 2012 | $940 | $745 | $823 | $866 |
| 2011 | $941 | $747 | $832 | $817 |
| 2010 | $955 | $765 | $801 | $867 |
| 2009 | $960 | $764 | $833 | $824 |
| 2007 | $927 | $755 | $825 | $784 |
| 2005 | $910 | $766 | $784 | $788 |
Fairfield County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Fairfield County Ohio was 6.48% according to Census ACS data.
Rental Vacancy Rate in Fairfield County Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Fairfield County OH | — | — | — |
Trends in Fairfield County OH Rental Vacancy Rate
The rental vacancy rate in Fairfield County peaked in 2005 at 11.75%. Since then it has fallen by 5.27% to 6.48%. Data records for this series originated in 2005. From a 2013 post peak low of 3.79%, the rental vacancy rate has increased by 2.69%.
Rental Vacancy Rate: Fairfield County OH, Ohio, US
Historical Rental Vacancy Rate data for Fairfield County
| Date | US | Ohio | Fairfield County OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | — |
| 2018 | 6.15% | 5.54% | 6.48% |
| 2017 | 6.18% | 5.62% | — |
| 2016 | 5.89% | 5.44% | 6.99% |
| 2015 | 5.85% | 5.56% | 5.52% |
| 2014 | 6.32% | 6.26% | — |
| 2013 | 6.49% | 6.15% | 3.79% |
| 2012 | 6.77% | 7.08% | — |
| 2011 | 7.40% | 7.89% | 5.08% |
| 2010 | 8.17% | 9.45% | 11.61% |
| 2009 | 8.43% | 9.17% | — |
| 2007 | 7.87% | 10.00% | 5.94% |
| 2005 | 7.74% | 10.37% | 11.75% |
Rent as a Fraction of Income
Using median household income data for Fairfield County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fairfield County, median monthly gross rent as a fraction of median household income was 13.89% in 2019 according to the ACS.
Fairfield 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% |
| Fairfield County OH | 13.89% | -1.88% | -1.44% |
Trends in Fairfield County OH Rent as a Fraction of Income
The fraction of median Fairfield County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 17.44%. Since then it has fallen by 3.55% to 13.89%.
Fraction of Income towards Rent: Fairfield County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Fairfield County Ohio
| Date | US | Ohio | Fairfield County OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 13.89% |
| 2018 | 20.50% | 17.04% | 15.76% |
| 2017 | 20.13% | 17.15% | 15.85% |
| 2016 | 20.43% | 17.40% | 15.32% |
| 2015 | 20.63% | 17.53% | 15.98% |
| 2014 | 20.89% | 17.89% | 17.44% |
| 2013 | 20.78% | 17.70% | 16.01% |
| 2012 | 20.65% | 17.94% | 15.32% |
| 2011 | 20.70% | 18.15% | 15.50% |
| 2010 | 20.50% | 18.23% | 15.37% |
| 2009 | 20.12% | 17.71% | 17.06% |
| 2007 | 18.66% | 16.56% | 14.27% |
| 2005 | 18.89% | 16.91% | 14.74% |
Renter Fraction in Fairfield County Ohio
You can calculate the renter fraction in Fairfield 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 Fairfield County as a fraction of total Fairfield County households. In 2019 25.55% of households were renters according to Census ACS data.
Fairfield 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% |
| Fairfield County OH | 25.55% | +2.57% | +0.96% |
Trends in the Fairfield County OH Renter Fraction
The Fairfield County household renter fraction peaked in in 2014 at 30.67% and is now 5.12% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Fairfield County OH, Ohio, US
History of Fairfield County Renter Fraction
| Date | US | Ohio | Fairfield County OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 25.55% |
| 2018 | 36.05% | 34.13% | 22.98% |
| 2017 | 36.13% | 34.22% | 26.92% |
| 2016 | 36.88% | 34.64% | 24.59% |
| 2015 | 36.97% | 34.59% | 29.44% |
| 2014 | 36.90% | 34.67% | 30.67% |
| 2013 | 36.50% | 33.93% | 29.16% |
| 2012 | 36.09% | 33.71% | 27.47% |
| 2011 | 35.42% | 33.02% | 28.61% |
| 2010 | 34.65% | 31.60% | 24.94% |
| 2009 | 34.13% | 31.95% | 26.63% |
| 2007 | 32.80% | 30.32% | 25.25% |
| 2005 | 33.10% | 30.06% | 23.20% |
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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