Deschutes County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Deschutes County OR was $1,388 in 2019 according to the Census ACS survey.1 Average gross rent in Deschutes County was $1,379 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 Deschutes County median and average rent data will be released in September of 2021.
Data is also available below for Deschutes County rental vacancy rates, Deschutes County rent as a percent of median income and the fraction of renters in Deschutes County.
Real Gross Rent in Deschutes 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% |
Deschutes County OR Median Gross Rent | $1,388 | +15.00% | +15.28% |
Deschutes County OR Real Gross Rent Trends
At $1,388, real median gross rent in Deschutes County was at its highest level in 2019 since the series began in 2005. At $1,379, real average gross rent in Deschutes County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Deschutes County OR Median, Deschutes County OR Average, Oregon Median, US Median
Real Gross Rent History for Deschutes County
Date | US Median |
Oregon Median |
Deschutes County OR Median |
Deschutes County OR Average |
---|---|---|---|---|
2019 | $1,097 | $1,185 | $1,388 | $1,379 |
2018 | $1,077 | $1,150 | $1,207 | $1,195 |
2017 | $1,043 | $1,113 | $1,213 | $1,221 |
2016 | $1,027 | $1,063 | $1,204 | $1,235 |
2015 | $1,017 | $1,000 | $1,042 | $1,070 |
2014 | $986 | $976 | $998 | $1,068 |
2013 | $953 | $934 | $948 | $991 |
2012 | $940 | $917 | $918 | $949 |
2011 | $941 | $907 | $995 | $1,040 |
2010 | $955 | $912 | $972 | $1,037 |
2009 | $960 | $933 | $987 | $1,047 |
2007 | $927 | $873 | $1,014 | $1,034 |
2005 | $910 | $861 | $988 | $1,044 |
Deschutes County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Deschutes County Oregon was 2.63% according to Census ACS data.
Rental Vacancy Rate in Deschutes County Oregon
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Oregon | 4.00% | -0.35% | +0.83% |
Deschutes County OR | — | — | — |
Trends in Deschutes County OR Rental Vacancy Rate
The rental vacancy rate in Deschutes County peaked in 2009 at 8.96%. Since then it has fallen by 6.33% to 2.63%. Data records for this series originated in 2005.
Rental Vacancy Rate: Deschutes County OR, Oregon, US
Historical Rental Vacancy Rate data for Deschutes County
Date | US | Oregon | Deschutes County OR |
---|---|---|---|
2019 | 5.97% | 4.00% | — |
2018 | 6.15% | 4.35% | — |
2017 | 6.18% | 3.80% | 2.63% |
2016 | 5.89% | 3.17% | 3.00% |
2015 | 5.85% | 3.64% | — |
2014 | 6.32% | 3.57% | 4.36% |
2013 | 6.49% | 4.45% | 8.63% |
2012 | 6.77% | 4.75% | 6.97% |
2011 | 7.40% | 5.06% | 8.59% |
2010 | 8.17% | 5.60% | 8.52% |
2009 | 8.43% | 6.30% | 8.96% |
2007 | 7.87% | 5.08% | 8.87% |
2005 | 7.74% | 6.39% | — |
Rent as a Fraction of Income
Using median household income data for Deschutes County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Deschutes County, median monthly gross rent as a fraction of median household income was 23.25% in 2019 according to the ACS.
Deschutes 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% |
Deschutes County OR | 23.25% | +2.19% | +0.94% |
Trends in Deschutes County OR Rent as a Fraction of Income
The fraction of median Deschutes County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 23.52%. Since then it has fallen by 0.27% to 23.25%.
Fraction of Income towards Rent: Deschutes County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Deschutes County Oregon
Date | US | Oregon | Deschutes County OR |
---|---|---|---|
2019 | 20.03% | 21.21% | 23.25% |
2018 | 20.50% | 21.38% | 21.06% |
2017 | 20.13% | 21.50% | 21.29% |
2016 | 20.43% | 21.17% | 22.30% |
2015 | 20.63% | 20.90% | 20.54% |
2014 | 20.89% | 21.71% | 21.81% |
2013 | 20.78% | 21.18% | 23.08% |
2012 | 20.65% | 21.04% | 21.77% |
2011 | 20.70% | 21.53% | 23.52% |
2010 | 20.50% | 21.03% | 23.37% |
2009 | 20.12% | 20.28% | 19.90% |
2007 | 18.66% | 18.30% | 18.51% |
2005 | 18.89% | 19.25% | 19.28% |
Renter Fraction in Deschutes County Oregon
You can calculate the renter fraction in Deschutes 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 Deschutes County as a fraction of total Deschutes County households. In 2019 29.27% of households were renters according to Census ACS data.
Deschutes 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% |
Deschutes County OR | 29.27% | -4.72% | -3.58% |
Trends in the Deschutes County OR Renter Fraction
The Deschutes County household renter fraction peaked in in 2011 at 36.79% and is now 7.52% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Deschutes County OR, Oregon, US
History of Deschutes County Renter Fraction
Date | US | Oregon | Deschutes County OR |
---|---|---|---|
2019 | 35.89% | 37.12% | 29.27% |
2018 | 36.05% | 37.51% | 33.99% |
2017 | 36.13% | 37.20% | 34.76% |
2016 | 36.88% | 38.31% | 32.85% |
2015 | 36.97% | 38.91% | 35.81% |
2014 | 36.90% | 39.28% | 34.37% |
2013 | 36.50% | 39.17% | 35.99% |
2012 | 36.09% | 38.44% | 35.90% |
2011 | 35.42% | 39.22% | 36.79% |
2010 | 34.65% | 37.45% | 35.07% |
2009 | 34.13% | 36.95% | 31.17% |
2007 | 32.80% | 35.41% | 31.58% |
2005 | 33.10% | 36.22% | 31.66% |
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. ↩