Greene County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Greene County OH was $901 in 2019 according to the Census ACS survey.1 Average gross rent in Greene County was $909 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 Greene County median and average rent data will be released in September of 2021.
Data is also available below for Greene County rental vacancy rates, Greene County rent as a percent of median income and the fraction of renters in Greene County.
Real Gross Rent in Greene 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% |
Greene County OH Median Gross Rent | $901 | +2.39% | +3.68% |
Greene County OH Real Gross Rent Trends
Median gross rent for Greene County peaked in real terms in 2005 at $943 and is now $42 (4.45%) lower. From a recent low of 840.0 in 2006, real median gross rent has now increased by $61 (7.26%). Average gross rent for Greene County peaked in real terms in 2008 at $944 and is now $35 (3.71%) lower.
Real Gross Rent: Greene County OH Median, Greene County OH Average, Ohio Median, US Median
Real Gross Rent History for Greene County
Date | US Median |
Ohio Median |
Greene County OH Median |
Greene County OH Average |
---|---|---|---|---|
2019 | $1,097 | $813 | $901 | $909 |
2018 | $1,077 | $811 | $880 | $909 |
2017 | $1,043 | $796 | $895 | $908 |
2016 | $1,027 | $795 | $869 | $905 |
2015 | $1,017 | $791 | $909 | $932 |
2014 | $986 | $776 | $877 | $855 |
2013 | $953 | $747 | $852 | $854 |
2012 | $940 | $745 | $864 | $861 |
2011 | $941 | $747 | $887 | $913 |
2010 | $955 | $765 | $864 | $849 |
2009 | $960 | $764 | $856 | $850 |
2007 | $927 | $755 | $845 | $829 |
2005 | $910 | $766 | $943 | $886 |
Greene 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 Greene County Ohio was 3.78% according to Census ACS data.
Rental Vacancy Rate in Greene County Ohio
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Ohio | 4.67% | -0.87% | -0.77% |
Greene County OH | — | — | — |
Trends in Greene County OH Rental Vacancy Rate
The rental vacancy rate in Greene County peaked in 2011 at 7.54%. Since then it has fallen by 3.76% to 3.78%. Data records for this series originated in 2005. From a 2016 post peak low of 2.10%, the rental vacancy rate has increased by 1.68%.
Rental Vacancy Rate: Greene County OH, Ohio, US
Historical Rental Vacancy Rate data for Greene County
Date | US | Ohio | Greene County OH |
---|---|---|---|
2019 | 5.97% | 4.67% | — |
2018 | 6.15% | 5.54% | 3.78% |
2017 | 6.18% | 5.62% | 5.81% |
2016 | 5.89% | 5.44% | 2.10% |
2015 | 5.85% | 5.56% | — |
2014 | 6.32% | 6.26% | — |
2013 | 6.49% | 6.15% | 5.69% |
2012 | 6.77% | 7.08% | 3.50% |
2011 | 7.40% | 7.89% | 7.54% |
2010 | 8.17% | 9.45% | 5.29% |
2009 | 8.43% | 9.17% | — |
2007 | 7.87% | 10.00% | 5.00% |
2005 | 7.74% | 10.37% | — |
Rent as a Fraction of Income
Using median household income data for Greene County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Greene County, median monthly gross rent as a fraction of median household income was 16.04% in 2019 according to the ACS.
Greene 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% |
Greene County OH | 16.04% | +0.72% | -0.02% |
Trends in Greene County OH Rent as a Fraction of Income
The fraction of median Greene County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 18.54%. Since then it has fallen by 2.50% to 16.04%.
Fraction of Income towards Rent: Greene County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Greene County Ohio
Date | US | Ohio | Greene County OH |
---|---|---|---|
2019 | 20.03% | 16.64% | 16.04% |
2018 | 20.50% | 17.04% | 15.32% |
2017 | 20.13% | 17.15% | 15.34% |
2016 | 20.43% | 17.40% | 16.06% |
2015 | 20.63% | 17.53% | 17.20% |
2014 | 20.89% | 17.89% | 17.08% |
2013 | 20.78% | 17.70% | 16.21% |
2012 | 20.65% | 17.94% | 18.54% |
2011 | 20.70% | 18.15% | 17.53% |
2010 | 20.50% | 18.23% | 18.17% |
2009 | 20.12% | 17.71% | 16.29% |
2007 | 18.66% | 16.56% | 15.81% |
2005 | 18.89% | 16.91% | 15.97% |
Renter Fraction in Greene County Ohio
You can calculate the renter fraction in Greene 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 Greene County as a fraction of total Greene County households. In 2019 35.28% of households were renters according to Census ACS data.
Greene 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% |
Greene County OH | 35.28% | -0.45% | +0.57% |
Trends in the Greene County OH Renter Fraction
The Greene County household renter fraction peaked in in 2018 at 35.73% and is now 0.45% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Greene County OH, Ohio, US
History of Greene County Renter Fraction
Date | US | Ohio | Greene County OH |
---|---|---|---|
2019 | 35.89% | 33.96% | 35.28% |
2018 | 36.05% | 34.13% | 35.73% |
2017 | 36.13% | 34.22% | 33.01% |
2016 | 36.88% | 34.64% | 34.71% |
2015 | 36.97% | 34.59% | 33.78% |
2014 | 36.90% | 34.67% | 33.45% |
2013 | 36.50% | 33.93% | 32.55% |
2012 | 36.09% | 33.71% | 33.29% |
2011 | 35.42% | 33.02% | 33.22% |
2010 | 34.65% | 31.60% | 32.42% |
2009 | 34.13% | 31.95% | 32.48% |
2007 | 32.80% | 30.32% | 32.46% |
2005 | 33.10% | 30.06% | 27.49% |
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. ↩