Pottawatomie County Oklahoma Residential Rent and Rental Statistics
The median monthly gross residential rent in Pottawatomie County OK was $752 in 2019 according to the Census ACS survey.1 Average gross rent in Pottawatomie County was $669 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 Pottawatomie County median and average rent data will be released in September of 2021.
Data is also available below for Pottawatomie County rental vacancy rates, Pottawatomie County rent as a percent of median income and the fraction of renters in Pottawatomie County.
Real Gross Rent in Pottawatomie County Oklahoma (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Oklahoma Median Gross Rent | $814 | -1.09% | +4.49% |
| Pottawatomie County OK Median Gross Rent | $752 | -0.27% | +10.26% |
Pottawatomie County OK Real Gross Rent Trends
Median gross rent for Pottawatomie County peaked in real terms in 2018 at $754 and is now $2 (0.27%) lower. Average gross rent for Pottawatomie County peaked in real terms in 2015 at $705 and is now $36 (5.11%) lower.
Real Gross Rent: Pottawatomie County OK Median, Pottawatomie County OK Average, Oklahoma Median, US Median
Real Gross Rent History for Pottawatomie County
| Date | US Median |
Oklahoma Median |
Pottawatomie County OK Median |
Pottawatomie County OK Average |
|---|---|---|---|---|
| 2019 | $1,097 | $814 | $752 | $669 |
| 2018 | $1,077 | $823 | $754 | $665 |
| 2017 | $1,043 | $804 | $683 | $655 |
| 2016 | $1,027 | $779 | $682 | $671 |
| 2015 | $1,017 | $805 | $692 | $705 |
| 2014 | $986 | $778 | $704 | $626 |
| 2013 | $953 | $742 | $669 | $600 |
| 2012 | $940 | $730 | $663 | $600 |
| 2011 | $941 | $729 | $664 | $623 |
| 2010 | $955 | $736 | $731 | $641 |
| 2009 | $960 | $725 | $698 | $658 |
| 2007 | $927 | $691 | $612 | $528 |
| 2005 | $910 | $684 | $598 | $470 |
Pottawatomie 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 Pottawatomie County Oklahoma was 2.86% according to Census ACS data.
Rental Vacancy Rate in Pottawatomie County Oklahoma
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Oklahoma | 8.00% | -0.47% | -0.08% |
| Pottawatomie County OK | 2.86% | -2.83% | -2.01% |
Trends in Pottawatomie County OK Rental Vacancy Rate
The rental vacancy rate in Pottawatomie County peaked in 2009 at 9.63%. Since then it has fallen by 6.77% to 2.86%. Data records for this series originated in 2005.
Rental Vacancy Rate: Pottawatomie County OK, Oklahoma, US
Historical Rental Vacancy Rate data for Pottawatomie County
| Date | US | Oklahoma | Pottawatomie County OK |
|---|---|---|---|
| 2019 | 5.97% | 8.00% | 2.86% |
| 2018 | 6.15% | 8.47% | 5.69% |
| 2017 | 6.18% | 8.57% | 4.20% |
| 2016 | 5.89% | 8.08% | 4.87% |
| 2015 | 5.85% | 7.76% | 4.94% |
| 2014 | 6.32% | 8.12% | 3.87% |
| 2013 | 6.49% | 8.19% | 6.34% |
| 2012 | 6.77% | 8.16% | 3.92% |
| 2011 | 7.40% | 8.52% | — |
| 2010 | 8.17% | 8.52% | — |
| 2009 | 8.43% | 8.41% | 9.63% |
| 2007 | 7.87% | 9.33% | 8.01% |
| 2005 | 7.74% | 9.97% | — |
Rent as a Fraction of Income
Using median household income data for Pottawatomie County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Pottawatomie County, median monthly gross rent as a fraction of median household income was 16.86% in 2019 according to the ACS.
Pottawatomie County Oklahoma Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Oklahoma | 17.94% | -0.73% | -0.22% |
| Pottawatomie County OK | 16.86% | -1.37% | -1.86% |
Trends in Pottawatomie County OK Rent as a Fraction of Income
The fraction of median Pottawatomie County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.33%. Since then it has fallen by 4.47% to 16.86%.
Fraction of Income towards Rent: Pottawatomie County OK, Oklahoma, US
Historical Data for Annual Rent as a Fraction of Income in Pottawatomie County Oklahoma
| Date | US | Oklahoma | Pottawatomie County OK |
|---|---|---|---|
| 2019 | 20.03% | 17.94% | 16.86% |
| 2018 | 20.50% | 18.67% | 18.23% |
| 2017 | 20.13% | 18.70% | 16.30% |
| 2016 | 20.43% | 18.16% | 18.73% |
| 2015 | 20.63% | 18.75% | 18.06% |
| 2014 | 20.89% | 18.61% | 17.09% |
| 2013 | 20.78% | 18.52% | 16.93% |
| 2012 | 20.65% | 18.58% | 17.62% |
| 2011 | 20.70% | 18.74% | 17.46% |
| 2010 | 20.50% | 18.80% | 21.33% |
| 2009 | 20.12% | 18.32% | 19.08% |
| 2007 | 18.66% | 16.98% | 16.32% |
| 2005 | 18.89% | 17.71% | 16.88% |
Renter Fraction in Pottawatomie County Oklahoma
You can calculate the renter fraction in Pottawatomie 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 Pottawatomie County as a fraction of total Pottawatomie County households. In 2019 30.23% of households were renters according to Census ACS data.
Pottawatomie County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Oklahoma | 34.46% | -0.10% | -0.64% |
| Pottawatomie County OK | 30.23% | -1.46% | -0.31% |
Trends in the Pottawatomie County OK Renter Fraction
The Pottawatomie County household renter fraction peaked in in 2005 at 34.98% and is now 4.75% below that level. From a recent low of 25.19% in 2009, the household based renter fraction has now grown by 5.04%. The origin year for the series is 2005.
Fraction of Renting Households: Pottawatomie County OK, Oklahoma, US
History of Pottawatomie County Renter Fraction
| Date | US | Oklahoma | Pottawatomie County OK |
|---|---|---|---|
| 2019 | 35.89% | 34.46% | 30.23% |
| 2018 | 36.05% | 34.56% | 31.69% |
| 2017 | 36.13% | 34.54% | 30.85% |
| 2016 | 36.88% | 35.10% | 30.54% |
| 2015 | 36.97% | 34.66% | 30.06% |
| 2014 | 36.90% | 34.86% | 34.71% |
| 2013 | 36.50% | 34.46% | 31.05% |
| 2012 | 36.09% | 33.62% | 31.45% |
| 2011 | 35.42% | 32.97% | 26.35% |
| 2010 | 34.65% | 32.21% | 25.87% |
| 2009 | 34.13% | 32.81% | 25.19% |
| 2007 | 32.80% | 31.77% | 27.72% |
| 2005 | 33.10% | 32.13% | 34.98% |
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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