Clackamas County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Clackamas County OR was $1,349 in 2019 according to the Census ACS survey.1 Average gross rent in Clackamas County was $1,359 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 Clackamas County median and average rent data will be released in September of 2021.
Data is also available below for Clackamas County rental vacancy rates, Clackamas County rent as a percent of median income and the fraction of renters in Clackamas County.
Real Gross Rent in Clackamas County Oregon (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Oregon Median Gross Rent | $1,185 | +3.04% | +11.48% |
| Clackamas County OR Median Gross Rent | $1,349 | -1.89% | +7.32% |
Clackamas County OR Real Gross Rent Trends
Median gross rent for Clackamas County peaked in real terms in 2018 at $1,375 and is now $26 (1.89%) lower. Average gross rent for Clackamas County peaked in real terms in 2018 at $1,420 and is now $61 (4.30%) lower.
Real Gross Rent: Clackamas County OR Median, Clackamas County OR Average, Oregon Median, US Median
Real Gross Rent History for Clackamas County
| Date | US Median |
Oregon Median |
Clackamas County OR Median |
Clackamas County OR Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,185 | $1,349 | $1,359 |
| 2018 | $1,077 | $1,150 | $1,375 | $1,420 |
| 2017 | $1,043 | $1,113 | $1,278 | $1,312 |
| 2016 | $1,027 | $1,063 | $1,257 | $1,282 |
| 2015 | $1,017 | $1,000 | $1,175 | $1,202 |
| 2014 | $986 | $976 | $1,076 | $1,138 |
| 2013 | $953 | $934 | $1,092 | $1,183 |
| 2012 | $940 | $917 | $1,047 | $1,126 |
| 2011 | $941 | $907 | $1,003 | $1,105 |
| 2010 | $955 | $912 | $988 | $1,100 |
| 2009 | $960 | $933 | $1,014 | $1,118 |
| 2007 | $927 | $873 | $954 | $1,009 |
| 2005 | $910 | $861 | $949 | $1,045 |
Clackamas 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 Clackamas County Oregon was 3.21% according to Census ACS data.
Rental Vacancy Rate in Clackamas County Oregon
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Oregon | 4.00% | -0.35% | +0.83% |
| Clackamas County OR | 3.21% | -2.34% | -1.72% |
Trends in Clackamas County OR Rental Vacancy Rate
The rental vacancy rate in Clackamas County peaked in 2008 at 8.89%. Since then it has fallen by 5.68% to 3.21%. Data records for this series originated in 2005. From a 2015 post peak low of 1.29%, the rental vacancy rate has increased by 1.92%.
Rental Vacancy Rate: Clackamas County OR, Oregon, US
Historical Rental Vacancy Rate data for Clackamas County
| Date | US | Oregon | Clackamas County OR |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | 3.21% |
| 2018 | 6.15% | 4.35% | 5.55% |
| 2017 | 6.18% | 3.80% | 2.91% |
| 2016 | 5.89% | 3.17% | 4.93% |
| 2015 | 5.85% | 3.64% | 1.29% |
| 2014 | 6.32% | 3.57% | 3.14% |
| 2013 | 6.49% | 4.45% | 2.18% |
| 2012 | 6.77% | 4.75% | 4.03% |
| 2011 | 7.40% | 5.06% | 4.52% |
| 2010 | 8.17% | 5.60% | 7.31% |
| 2009 | 8.43% | 6.30% | 6.72% |
| 2007 | 7.87% | 5.08% | 5.54% |
| 2005 | 7.74% | 6.39% | 8.21% |
Rent as a Fraction of Income
Using median household income data for Clackamas County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clackamas County, median monthly gross rent as a fraction of median household income was 20.16% in 2019 according to the ACS.
Clackamas County Oregon Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Oregon | 21.21% | -0.17% | +0.03% |
| Clackamas County OR | 20.16% | +0.21% | +0.93% |
Trends in Clackamas County OR Rent as a Fraction of Income
Clackamas County renters paid 20.16% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Clackamas County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Clackamas County Oregon
| Date | US | Oregon | Clackamas County OR |
|---|---|---|---|
| 2019 | 20.03% | 21.21% | 20.16% |
| 2018 | 20.50% | 21.38% | 19.95% |
| 2017 | 20.13% | 21.50% | 18.61% |
| 2016 | 20.43% | 21.17% | 19.23% |
| 2015 | 20.63% | 20.90% | 19.10% |
| 2014 | 20.89% | 21.71% | 18.72% |
| 2013 | 20.78% | 21.18% | 18.64% |
| 2012 | 20.65% | 21.04% | 18.33% |
| 2011 | 20.70% | 21.53% | 19.20% |
| 2010 | 20.50% | 21.03% | 18.51% |
| 2009 | 20.12% | 20.28% | 17.84% |
| 2007 | 18.66% | 18.30% | 15.92% |
| 2005 | 18.89% | 19.25% | 16.72% |
Renter Fraction in Clackamas County Oregon
You can calculate the renter fraction in Clackamas 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 Clackamas County as a fraction of total Clackamas County households. In 2019 29.26% of households were renters according to Census ACS data.
Clackamas County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Oregon | 37.12% | -0.39% | -1.19% |
| Clackamas County OR | 29.26% | +0.32% | -0.28% |
Trends in the Clackamas County OR Renter Fraction
The Clackamas County household renter fraction peaked in in 2011 at 32.62% and is now 3.36% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Clackamas County OR, Oregon, US
History of Clackamas County Renter Fraction
| Date | US | Oregon | Clackamas County OR |
|---|---|---|---|
| 2019 | 35.89% | 37.12% | 29.26% |
| 2018 | 36.05% | 37.51% | 28.94% |
| 2017 | 36.13% | 37.20% | 28.40% |
| 2016 | 36.88% | 38.31% | 29.54% |
| 2015 | 36.97% | 38.91% | 30.71% |
| 2014 | 36.90% | 39.28% | 31.01% |
| 2013 | 36.50% | 39.17% | 31.87% |
| 2012 | 36.09% | 38.44% | 31.29% |
| 2011 | 35.42% | 39.22% | 32.62% |
| 2010 | 34.65% | 37.45% | 30.36% |
| 2009 | 34.13% | 36.95% | 29.64% |
| 2007 | 32.80% | 35.41% | 29.75% |
| 2005 | 33.10% | 36.22% | 29.18% |
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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