Mahoning County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Mahoning County OH was $675 in 2019 according to the Census ACS survey.1 Average gross rent in Mahoning County was $647 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 Mahoning County median and average rent data will be released in September of 2021.
Data is also available below for Mahoning County rental vacancy rates, Mahoning County rent as a percent of median income and the fraction of renters in Mahoning County.
Real Gross Rent in Mahoning 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% |
| Mahoning County OH Median Gross Rent | $675 | +0.60% | +1.96% |
Mahoning County OH Real Gross Rent Trends
Median gross rent for Mahoning County peaked in real terms in 2015 at $691 and is now $16 (2.32%) lower. Average gross rent for Mahoning County peaked in real terms in 2008 at $688 and is now $41 (5.96%) lower.
Real Gross Rent: Mahoning County OH Median, Mahoning County OH Average, Ohio Median, US Median
Real Gross Rent History for Mahoning County
| Date | US Median |
Ohio Median |
Mahoning County OH Median |
Mahoning County OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $675 | $647 |
| 2018 | $1,077 | $811 | $671 | $677 |
| 2017 | $1,043 | $796 | $678 | $648 |
| 2016 | $1,027 | $795 | $662 | $668 |
| 2015 | $1,017 | $791 | $691 | $676 |
| 2014 | $986 | $776 | $664 | $656 |
| 2013 | $953 | $747 | $642 | $664 |
| 2012 | $940 | $745 | $660 | $663 |
| 2011 | $941 | $747 | $640 | $636 |
| 2010 | $955 | $765 | $679 | $662 |
| 2009 | $960 | $764 | $641 | $639 |
| 2007 | $927 | $755 | $666 | $644 |
| 2005 | $910 | $766 | $643 | $641 |
Mahoning 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 Mahoning County Ohio was 2.67% according to Census ACS data.
Rental Vacancy Rate in Mahoning County Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Mahoning County OH | 2.67% | -4.87% | -5.96% |
Trends in Mahoning County OH Rental Vacancy Rate
The rental vacancy rate in Mahoning County peaked in 2006 at 11.05%. Since then it has fallen by 8.38% to 2.67%. Data records for this series originated in 2005.
Rental Vacancy Rate: Mahoning County OH, Ohio, US
Historical Rental Vacancy Rate data for Mahoning County
| Date | US | Ohio | Mahoning County OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | 2.67% |
| 2018 | 6.15% | 5.54% | 7.54% |
| 2017 | 6.18% | 5.62% | 4.64% |
| 2016 | 5.89% | 5.44% | 8.63% |
| 2015 | 5.85% | 5.56% | 4.62% |
| 2014 | 6.32% | 6.26% | 8.70% |
| 2013 | 6.49% | 6.15% | 3.01% |
| 2012 | 6.77% | 7.08% | 5.93% |
| 2011 | 7.40% | 7.89% | 5.75% |
| 2010 | 8.17% | 9.45% | 10.35% |
| 2009 | 8.43% | 9.17% | — |
| 2007 | 7.87% | 10.00% | 8.56% |
| 2005 | 7.74% | 10.37% | 7.54% |
Rent as a Fraction of Income
Using median household income data for Mahoning County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Mahoning County, median monthly gross rent as a fraction of median household income was 17.17% in 2019 according to the ACS.
Mahoning 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% |
| Mahoning County OH | 17.17% | +0.68% | -0.76% |
Trends in Mahoning County OH Rent as a Fraction of Income
The fraction of median Mahoning County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 19.28%. Since then it has fallen by 2.11% to 17.17%.
Fraction of Income towards Rent: Mahoning County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Mahoning County Ohio
| Date | US | Ohio | Mahoning County OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 17.17% |
| 2018 | 20.50% | 17.04% | 16.49% |
| 2017 | 20.13% | 17.15% | 18.20% |
| 2016 | 20.43% | 17.40% | 17.93% |
| 2015 | 20.63% | 17.53% | 18.64% |
| 2014 | 20.89% | 17.89% | 18.35% |
| 2013 | 20.78% | 17.70% | 17.92% |
| 2012 | 20.65% | 17.94% | 18.77% |
| 2011 | 20.70% | 18.15% | 18.08% |
| 2010 | 20.50% | 18.23% | 19.28% |
| 2009 | 20.12% | 17.71% | 17.24% |
| 2007 | 18.66% | 16.56% | 17.55% |
| 2005 | 18.89% | 16.91% | 16.99% |
Renter Fraction in Mahoning County Ohio
You can calculate the renter fraction in Mahoning 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 Mahoning County as a fraction of total Mahoning County households. In 2019 29.83% of households were renters according to Census ACS data.
Mahoning 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% |
| Mahoning County OH | 29.83% | -3.39% | -0.82% |
Trends in the Mahoning County OH Renter Fraction
The Mahoning County household renter fraction peaked in in 2013 at 33.23% and is now 3.40% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Mahoning County OH, Ohio, US
History of Mahoning County Renter Fraction
| Date | US | Ohio | Mahoning County OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 29.83% |
| 2018 | 36.05% | 34.13% | 33.22% |
| 2017 | 36.13% | 34.22% | 32.38% |
| 2016 | 36.88% | 34.64% | 30.65% |
| 2015 | 36.97% | 34.59% | 32.32% |
| 2014 | 36.90% | 34.67% | 31.32% |
| 2013 | 36.50% | 33.93% | 33.23% |
| 2012 | 36.09% | 33.71% | 32.22% |
| 2011 | 35.42% | 33.02% | 31.26% |
| 2010 | 34.65% | 31.60% | 28.42% |
| 2009 | 34.13% | 31.95% | 28.22% |
| 2007 | 32.80% | 30.32% | 28.79% |
| 2005 | 33.10% | 30.06% | 26.08% |
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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