Mansfield Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Mansfield, OH (the Mansfield metro area) was $705 in 2019 according to the Census ACS survey.1 Average gross rent in Mansfield was $694 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 Mansfield median and average rent data will be released in September of 2021.
Data is also available below for Mansfield rental vacancy rates, Mansfield rent as a percent of median income and the fraction of renters in Mansfield.
Real Gross Rent in Mansfield 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% |
| Mansfield, OH Median Gross Rent | $705 | +5.54% | -2.08% |
Mansfield, OH Real Gross Rent Trends
Median gross rent for Mansfield peaked in real terms in 2016 at $720 and is now $15 (2.08%) lower. Average gross rent for Mansfield peaked in real terms in 2008 at $725 and is now $31 (4.28%) lower. From a recent low of 616.0 in 2011, real average gross rent has now increased by $78 (12.66%).
Real Gross Rent in Mansfield: Mansfield OH Median, Mansfield OH Average, Ohio Median, US Median
Real Gross Rent History for Mansfield
| Date | US Median |
Ohio Median |
Mansfield, OH Median |
Mansfield, OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $705 | $694 |
| 2018 | $1,077 | $811 | $668 | $644 |
| 2017 | $1,043 | $796 | $615 | $635 |
| 2016 | $1,027 | $795 | $720 | $718 |
| 2015 | $1,017 | $791 | $679 | $679 |
| 2014 | $986 | $776 | $660 | $675 |
| 2013 | $953 | $747 | $597 | $617 |
| 2012 | $940 | $745 | $655 | $687 |
| 2011 | $941 | $747 | $649 | $616 |
| 2010 | $955 | $765 | $640 | $626 |
| 2009 | $960 | $764 | $667 | $682 |
| 2007 | $927 | $755 | $652 | $653 |
| 2005 | $910 | $766 | $666 | $623 |
Mansfield 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 Mansfield Ohio was 2.82% according to Census ACS data.
Rental Vacancy Rate in Mansfield Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Mansfield, OH | 2.82% | +0.04% | -6.60% |
Trends in Mansfield, OH Rental Vacancy Rate
The rental vacancy rate in Mansfield peaked in 2006 at 10.45%. Since then it has fallen by 7.63% to 2.82%. Data records for this series originated in 2005. From a 2018 post peak low of 2.78%, the rental vacancy rate has increased by 0.04%.
Rental Vacancy Rate: Mansfield OH, Ohio, US
Historical Rental Vacancy Rate data for Mansfield
| Date | US | Ohio | Mansfield, OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | 2.82% |
| 2018 | 6.15% | 5.54% | 2.78% |
| 2017 | 6.18% | 5.62% | 3.70% |
| 2016 | 5.89% | 5.44% | 9.42% |
| 2015 | 5.85% | 5.56% | — |
| 2014 | 6.32% | 6.26% | — |
| 2013 | 6.49% | 6.15% | — |
| 2012 | 6.77% | 7.08% | — |
| 2011 | 7.40% | 7.89% | — |
| 2010 | 8.17% | 9.45% | — |
| 2009 | 8.43% | 9.17% | — |
| 2007 | 7.87% | 10.00% | — |
| 2005 | 7.74% | 10.37% | — |
Rent as a Fraction of Income
Using median household income data for Mansfield, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Mansfield, median monthly gross rent as a fraction of median household income was 16.34% in 2019 according to the ACS.
Mansfield 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% |
| Mansfield, OH | 16.34% | +0.45% | -2.40% |
Trends in Mansfield, OH Rent as a Fraction of Income
The fraction of median Mansfield household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 18.73%. Since then it has fallen by 2.40% to 16.34%.
Fraction of Income towards Rent: Mansfield OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Mansfield Ohio
| Date | US | Ohio | Mansfield, OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 16.34% |
| 2018 | 20.50% | 17.04% | 15.88% |
| 2017 | 20.13% | 17.15% | 15.54% |
| 2016 | 20.43% | 17.40% | 18.73% |
| 2015 | 20.63% | 17.53% | 17.01% |
| 2014 | 20.89% | 17.89% | 18.05% |
| 2013 | 20.78% | 17.70% | 17.24% |
| 2012 | 20.65% | 17.94% | 17.74% |
| 2011 | 20.70% | 18.15% | 17.98% |
| 2010 | 20.50% | 18.23% | 16.54% |
| 2009 | 20.12% | 17.71% | 17.84% |
| 2007 | 18.66% | 16.56% | 15.33% |
| 2005 | 18.89% | 16.91% | 16.31% |
Renter Fraction in Mansfield Ohio
You can calculate the renter fraction in Mansfield 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 Mansfield as a fraction of total Mansfield households. In 2019 32.67% of households were renters according to Census ACS data.
Mansfield 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% |
| Mansfield, OH | 32.67% | -0.68% | -0.46% |
Trends in the Mansfield, OH Renter Fraction
The Mansfield household renter fraction peaked in in 2018 at 33.35% and is now 0.68% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Mansfield OH, Ohio, US
History of Mansfield Renter Fraction
| Date | US | Ohio | Mansfield, OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 32.67% |
| 2018 | 36.05% | 34.13% | 33.35% |
| 2017 | 36.13% | 34.22% | 32.32% |
| 2016 | 36.88% | 34.64% | 33.13% |
| 2015 | 36.97% | 34.59% | 32.06% |
| 2014 | 36.90% | 34.67% | 31.24% |
| 2013 | 36.50% | 33.93% | 33.34% |
| 2012 | 36.09% | 33.71% | 29.51% |
| 2011 | 35.42% | 33.02% | 31.37% |
| 2010 | 34.65% | 31.60% | 30.43% |
| 2009 | 34.13% | 31.95% | 29.78% |
| 2007 | 32.80% | 30.32% | 27.17% |
| 2005 | 33.10% | 30.06% | 27.38% |
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. ↩
