Stark County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Stark County OH was $732 in 2019 according to the Census ACS survey.1 Average gross rent in Stark County was $698 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 Stark County median and average rent data will be released in September of 2021.
Data is also available below for Stark County rental vacancy rates, Stark County rent as a percent of median income and the fraction of renters in Stark County.
Real Gross Rent in Stark 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% |
Stark County OH Median Gross Rent | $732 | -0.14% | -1.08% |
Stark County OH Real Gross Rent Trends
Median gross rent for Stark County peaked in real terms in 2017 at $747 and is now $15 (2.01%) lower. Average gross rent for Stark County peaked in real terms in 2015 at $730 and is now $32 (4.38%) lower.
Real Gross Rent: Stark County OH Median, Stark County OH Average, Ohio Median, US Median
Real Gross Rent History for Stark County
Date | US Median |
Ohio Median |
Stark County OH Median |
Stark County OH Average |
---|---|---|---|---|
2019 | $1,097 | $813 | $732 | $698 |
2018 | $1,077 | $811 | $733 | $709 |
2017 | $1,043 | $796 | $747 | $703 |
2016 | $1,027 | $795 | $740 | $728 |
2015 | $1,017 | $791 | $732 | $730 |
2014 | $986 | $776 | $721 | $698 |
2013 | $953 | $747 | $690 | $679 |
2012 | $940 | $745 | $700 | $681 |
2011 | $941 | $747 | $703 | $685 |
2010 | $955 | $765 | $715 | $700 |
2009 | $960 | $764 | $712 | $702 |
2007 | $927 | $755 | $685 | $661 |
2005 | $910 | $766 | $710 | $668 |
Stark 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 Stark County Ohio was 5.09% according to Census ACS data.
Rental Vacancy Rate in Stark County Ohio
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Ohio | 4.67% | -0.87% | -0.77% |
Stark County OH | 5.09% | +1.26% | +1.86% |
Trends in Stark County OH Rental Vacancy Rate
The rental vacancy rate in Stark County peaked in 2010 at 7.80%. Since then it has fallen by 2.71% to 5.09%. Data records for this series originated in 2005. From a 2017 post peak low of 1.18%, the rental vacancy rate has increased by 3.91%.
Rental Vacancy Rate: Stark County OH, Ohio, US
Historical Rental Vacancy Rate data for Stark County
Date | US | Ohio | Stark County OH |
---|---|---|---|
2019 | 5.97% | 4.67% | 5.09% |
2018 | 6.15% | 5.54% | 3.83% |
2017 | 6.18% | 5.62% | 1.18% |
2016 | 5.89% | 5.44% | 3.23% |
2015 | 5.85% | 5.56% | 3.87% |
2014 | 6.32% | 6.26% | 5.10% |
2013 | 6.49% | 6.15% | 6.38% |
2012 | 6.77% | 7.08% | 6.84% |
2011 | 7.40% | 7.89% | 6.26% |
2010 | 8.17% | 9.45% | 7.80% |
2009 | 8.43% | 9.17% | 6.42% |
2007 | 7.87% | 10.00% | 6.38% |
2005 | 7.74% | 10.37% | 7.17% |
Rent as a Fraction of Income
Using median household income data for Stark County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Stark County, median monthly gross rent as a fraction of median household income was 15.83% in 2019 according to the ACS.
Stark 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% |
Stark County OH | 15.83% | -0.77% | -0.81% |
Trends in Stark County OH Rent as a Fraction of Income
The fraction of median Stark County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.68%. Since then it has fallen by 2.85% to 15.83%.
Fraction of Income towards Rent: Stark County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Stark County Ohio
Date | US | Ohio | Stark County OH |
---|---|---|---|
2019 | 20.03% | 16.64% | 15.83% |
2018 | 20.50% | 17.04% | 16.59% |
2017 | 20.13% | 17.15% | 17.04% |
2016 | 20.43% | 17.40% | 16.64% |
2015 | 20.63% | 17.53% | 16.96% |
2014 | 20.89% | 17.89% | 17.18% |
2013 | 20.78% | 17.70% | 17.47% |
2012 | 20.65% | 17.94% | 17.31% |
2011 | 20.70% | 18.15% | 18.68% |
2010 | 20.50% | 18.23% | 18.00% |
2009 | 20.12% | 17.71% | 16.91% |
2007 | 18.66% | 16.56% | 15.58% |
2005 | 18.89% | 16.91% | 16.11% |
Renter Fraction in Stark County Ohio
You can calculate the renter fraction in Stark 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 Stark County as a fraction of total Stark County households. In 2019 33.18% of households were renters according to Census ACS data.
Stark 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% |
Stark County OH | 33.18% | +1.05% | +1.96% |
Trends in the Stark County OH Renter Fraction
At 33.18%, the 2019 household based renter fraction in Stark County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Stark County OH, Ohio, US
History of Stark County Renter Fraction
Date | US | Ohio | Stark County OH |
---|---|---|---|
2019 | 35.89% | 33.96% | 33.18% |
2018 | 36.05% | 34.13% | 32.13% |
2017 | 36.13% | 34.22% | 33.01% |
2016 | 36.88% | 34.64% | 31.22% |
2015 | 36.97% | 34.59% | 31.66% |
2014 | 36.90% | 34.67% | 32.25% |
2013 | 36.50% | 33.93% | 31.46% |
2012 | 36.09% | 33.71% | 31.16% |
2011 | 35.42% | 33.02% | 30.39% |
2010 | 34.65% | 31.60% | 27.73% |
2009 | 34.13% | 31.95% | 30.67% |
2007 | 32.80% | 30.32% | 27.88% |
2005 | 33.10% | 30.06% | 27.95% |
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. ↩