Department of Numbers

Wagoner County Oklahoma Residential Rent and Rental Statistics

The median monthly gross residential rent in Wagoner County OK was $929 in 2019 according to the Census ACS survey.1 Average gross rent in Wagoner County was $823 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 Wagoner County median and average rent data will be released in September of 2021.

Data is also available below for Wagoner County rental vacancy rates, Wagoner County rent as a percent of median income and the fraction of renters in Wagoner County.

Show dollars as: Nominal Real

Real Gross Rent in Wagoner 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%
Wagoner County OK Median Gross Rent $929 +12.88% +6.41%

Wagoner County OK Real Gross Rent Trends

At $929, real median gross rent in Wagoner County was at its highest level in 2019 since the series began in 2006. Average gross rent for Wagoner County peaked in real terms in 2014 at $854 and is now $31 (3.63%) lower.

Real Gross Rent: Wagoner County OK Median, Wagoner County OK Average, Oklahoma Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Wagoner County

Date US
Median
Oklahoma
Median
Wagoner County OK
Median
Wagoner County OK
Average
2019 $1,097 $814 $929 $823
2018 $1,077 $823 $823 $806
2017 $1,043 $804 $865 $803
2016 $1,027 $779 $873 $833
2015 $1,017 $805 $915 $812
2014 $986 $778 $878 $854
2013 $953 $742 $778 $716
2012 $940 $730 $821 $704
2011 $941 $729 $746 $763
2010 $955 $736 $777 $702
2009 $960 $725 $867 $745

more history ...

Wagoner 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 Wagoner County Oklahoma was 5.25% according to Census ACS data.

Rental Vacancy Rate in Wagoner County Oklahoma

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Oklahoma 8.00% -0.47% -0.08%
Wagoner County OK 5.25% +2.53% +2.34%

Trends in Wagoner County OK Rental Vacancy Rate

The rental vacancy rate in Wagoner County peaked in 2010 at 10.86%. Since then it has fallen by 5.61% to 5.25%. Data records for this series originated in 2006. From a 2015 post peak low of 1.71%, the rental vacancy rate has increased by 3.54%.

Rental Vacancy Rate: Wagoner County OK, Oklahoma, US

Rental vacancy rate in Oklahoma

Historical Rental Vacancy Rate data for Wagoner County

Date US Oklahoma Wagoner County OK
2019 5.97% 8.00% 5.25%
2018 6.15% 8.47% 2.72%
2017 6.18% 8.57% 7.37%
2016 5.89% 8.08% 2.91%
2015 5.85% 7.76% 1.71%
2014 6.32% 8.12% 7.03%
2013 6.49% 8.19% 5.56%
2012 6.77% 8.16% 7.70%
2011 7.40% 8.52% 8.79%
2010 8.17% 8.52% 10.86%
2009 8.43% 8.41%

more history ...

Rent as a Fraction of Income

Using median household income data for Wagoner County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wagoner County, median monthly gross rent as a fraction of median household income was 17.33% in 2019 according to the ACS.

Wagoner 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%
Wagoner County OK 17.33% +1.80% +1.20%

Trends in Wagoner County OK Rent as a Fraction of Income

The fraction of median Wagoner County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2006 series origin) at 18.07%. Since then it has fallen by 0.73% to 17.33%.

Fraction of Income towards Rent: Wagoner County OK, Oklahoma, US

Percent of median household income going towards median monthly gross rent in Wagoner County Oklahoma

Historical Data for Annual Rent as a Fraction of Income in Wagoner County Oklahoma

Date US Oklahoma Wagoner County OK
2019 20.03% 17.94% 17.33%
2018 20.50% 18.67% 15.53%
2017 20.13% 18.70% 17.41%
2016 20.43% 18.16% 16.13%
2015 20.63% 18.75% 18.07%
2014 20.89% 18.61% 16.87%
2013 20.78% 18.52% 17.02%
2012 20.65% 18.58% 17.00%
2011 20.70% 18.74% 16.72%
2010 20.50% 18.80% 14.41%
2009 20.12% 18.32% 15.89%

more history ...

Renter Fraction in Wagoner County Oklahoma

You can calculate the renter fraction in Wagoner 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 Wagoner County as a fraction of total Wagoner County households. In 2019 21.35% of households were renters according to Census ACS data.

Wagoner 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%
Wagoner County OK 21.35% +0.02% -0.52%

Trends in the Wagoner County OK Renter Fraction

The Wagoner County household renter fraction peaked in in 2015 at 22.33% and is now 0.98% below that level. The origin year for the series is 2006.

Fraction of Renting Households: Wagoner County OK, Oklahoma, US

Fraction of renters in Wagoner County

History of Wagoner County Renter Fraction

Date US Oklahoma Wagoner County OK
2019 35.89% 34.46% 21.35%
2018 36.05% 34.56% 21.33%
2017 36.13% 34.54% 19.55%
2016 36.88% 35.10% 21.87%
2015 36.97% 34.66% 22.33%
2014 36.90% 34.86% 22.03%
2013 36.50% 34.46% 18.81%
2012 36.09% 33.62% 18.62%
2011 35.42% 32.97% 18.98%
2010 34.65% 32.21% 17.77%
2009 34.13% 32.81% 13.91%

more history ...

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.