Sandusky Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Sandusky, OH (the Sandusky metro area) was $758 in 2019 according to the Census ACS survey.1 Average gross rent in Sandusky was $722 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 Sandusky median and average rent data will be released in September of 2021.
Data is also available below for Sandusky rental vacancy rates, Sandusky rent as a percent of median income and the fraction of renters in Sandusky.
Real Gross Rent in Sandusky 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% |
| Sandusky, OH Median Gross Rent | $758 | -4.41% | — |
Sandusky, OH Real Gross Rent Trends
Median gross rent for Sandusky peaked in real terms in 2018 at $793 and is now $35 (4.41%) lower. Average gross rent for Sandusky peaked in real terms in 2018 at $778 and is now $56 (7.20%) lower.
Real Gross Rent in Sandusky: Sandusky OH Median, Sandusky OH Average, Ohio Median, US Median
Real Gross Rent History for Sandusky
| Date | US Median |
Ohio Median |
Sandusky, OH Median |
Sandusky, OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $758 | $722 |
| 2018 | $1,077 | $811 | $793 | $778 |
| 2017 | $1,043 | $796 | — | — |
| 2016 | $1,027 | $795 | — | — |
| 2015 | $1,017 | $791 | — | — |
| 2014 | $986 | $776 | — | — |
| 2013 | $953 | $747 | $722 | $666 |
| 2012 | $940 | $745 | $711 | $667 |
| 2011 | $941 | $747 | $769 | $663 |
| 2010 | $955 | $765 | $724 | $707 |
| 2009 | $960 | $764 | $744 | $704 |
| 2007 | $927 | $755 | $733 | $744 |
| 2005 | $910 | $766 | $746 | $759 |
Sandusky 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 Sandusky Ohio was 15.12% according to Census ACS data.
Rental Vacancy Rate in Sandusky Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Sandusky, OH | 15.12% | — | — |
Trends in Sandusky, OH Rental Vacancy Rate
At 15.12%, Sandusky residential rental vacancy rate in 2019 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Sandusky OH, Ohio, US
Historical Rental Vacancy Rate data for Sandusky
| Date | US | Ohio | Sandusky, OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | 15.12% |
| 2018 | 6.15% | 5.54% | — |
| 2017 | 6.18% | 5.62% | — |
| 2016 | 5.89% | 5.44% | — |
| 2015 | 5.85% | 5.56% | — |
| 2014 | 6.32% | 6.26% | — |
| 2013 | 6.49% | 6.15% | 8.26% |
| 2012 | 6.77% | 7.08% | 5.03% |
| 2011 | 7.40% | 7.89% | 3.64% |
| 2010 | 8.17% | 9.45% | 6.67% |
| 2009 | 8.43% | 9.17% | 4.88% |
| 2007 | 7.87% | 10.00% | 10.64% |
| 2005 | 7.74% | 10.37% | — |
Rent as a Fraction of Income
Using median household income data for Sandusky, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sandusky, median monthly gross rent as a fraction of median household income was 15.00% in 2019 according to the ACS.
Sandusky 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% |
| Sandusky, OH | 15.00% | -3.79% | — |
Trends in Sandusky, OH Rent as a Fraction of Income
The fraction of median Sandusky household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 18.79%. Since then it has fallen by 3.79% to 15.00%.
Fraction of Income towards Rent: Sandusky OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Sandusky Ohio
| Date | US | Ohio | Sandusky, OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 15.00% |
| 2018 | 20.50% | 17.04% | 18.79% |
| 2017 | 20.13% | 17.15% | — |
| 2016 | 20.43% | 17.40% | — |
| 2015 | 20.63% | 17.53% | — |
| 2014 | 20.89% | 17.89% | — |
| 2013 | 20.78% | 17.70% | 17.87% |
| 2012 | 20.65% | 17.94% | 17.94% |
| 2011 | 20.70% | 18.15% | 18.20% |
| 2010 | 20.50% | 18.23% | 18.41% |
| 2009 | 20.12% | 17.71% | 18.18% |
| 2007 | 18.66% | 16.56% | 15.39% |
| 2005 | 18.89% | 16.91% | 17.63% |
Renter Fraction in Sandusky Ohio
You can calculate the renter fraction in Sandusky 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 Sandusky as a fraction of total Sandusky households. In 2019 27.97% of households were renters according to Census ACS data.
Sandusky 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% |
| Sandusky, OH | 27.97% | -1.19% | — |
Trends in the Sandusky, OH Renter Fraction
The Sandusky household renter fraction peaked in in 2011 at 32.07% and is now 4.10% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Sandusky OH, Ohio, US
History of Sandusky Renter Fraction
| Date | US | Ohio | Sandusky, OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 27.97% |
| 2018 | 36.05% | 34.13% | 29.16% |
| 2017 | 36.13% | 34.22% | — |
| 2016 | 36.88% | 34.64% | — |
| 2015 | 36.97% | 34.59% | — |
| 2014 | 36.90% | 34.67% | — |
| 2013 | 36.50% | 33.93% | 30.63% |
| 2012 | 36.09% | 33.71% | 31.09% |
| 2011 | 35.42% | 33.02% | 32.07% |
| 2010 | 34.65% | 31.60% | 30.87% |
| 2009 | 34.13% | 31.95% | 28.16% |
| 2007 | 32.80% | 30.32% | 22.70% |
| 2005 | 33.10% | 30.06% | 31.64% |
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. ↩
