Josephine County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Josephine County OR was $1,041 in 2019 according to the Census ACS survey.1 Average gross rent in Josephine County was $992 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 Josephine County median and average rent data will be released in September of 2021.
Data is also available below for Josephine County rental vacancy rates, Josephine County rent as a percent of median income and the fraction of renters in Josephine County.
Real Gross Rent in Josephine 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% |
| Josephine County OR Median Gross Rent | $1,041 | +20.77% | +25.72% |
Josephine County OR Real Gross Rent Trends
At $1,041, real median gross rent in Josephine County was at its highest level in 2019 since the series began in 2005. At $992, real average gross rent in Josephine County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Josephine County OR Median, Josephine County OR Average, Oregon Median, US Median
Real Gross Rent History for Josephine County
| Date | US Median |
Oregon Median |
Josephine County OR Median |
Josephine County OR Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,185 | $1,041 | $992 |
| 2018 | $1,077 | $1,150 | $862 | $818 |
| 2017 | $1,043 | $1,113 | $888 | $885 |
| 2016 | $1,027 | $1,063 | $828 | $841 |
| 2015 | $1,017 | $1,000 | $889 | $855 |
| 2014 | $986 | $976 | $866 | $829 |
| 2013 | $953 | $934 | $885 | $895 |
| 2012 | $940 | $917 | $906 | $823 |
| 2011 | $941 | $907 | $820 | $833 |
| 2010 | $955 | $912 | $771 | $843 |
| 2009 | $960 | $933 | $854 | $951 |
| 2007 | $927 | $873 | $844 | $836 |
| 2005 | $910 | $861 | $823 | $809 |
Josephine County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Josephine County Oregon was 7.20% according to Census ACS data.
Rental Vacancy Rate in Josephine County Oregon
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Oregon | 4.00% | -0.35% | +0.83% |
| Josephine County OR | — | — | — |
Trends in Josephine County OR Rental Vacancy Rate
The rental vacancy rate in Josephine County peaked in 2008 at 7.40%. Since then it has fallen by 0.20% to 7.20%. Data records for this series originated in 2005. From a 2009 post peak low of 5.61%, the rental vacancy rate has increased by 1.59%.
Rental Vacancy Rate: Josephine County OR, Oregon, US
Historical Rental Vacancy Rate data for Josephine County
| Date | US | Oregon | Josephine County OR |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | — |
| 2018 | 6.15% | 4.35% | — |
| 2017 | 6.18% | 3.80% | — |
| 2016 | 5.89% | 3.17% | — |
| 2015 | 5.85% | 3.64% | — |
| 2014 | 6.32% | 3.57% | 7.20% |
| 2013 | 6.49% | 4.45% | — |
| 2012 | 6.77% | 4.75% | — |
| 2011 | 7.40% | 5.06% | 5.97% |
| 2010 | 8.17% | 5.60% | — |
| 2009 | 8.43% | 6.30% | 5.61% |
| 2007 | 7.87% | 5.08% | — |
| 2005 | 7.74% | 6.39% | — |
Rent as a Fraction of Income
Using median household income data for Josephine County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Josephine County, median monthly gross rent as a fraction of median household income was 26.26% in 2019 according to the ACS.
Josephine 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% |
| Josephine County OR | 26.26% | +5.22% | +0.23% |
Trends in Josephine County OR Rent as a Fraction of Income
The fraction of median Josephine County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 29.70%. Since then it has fallen by 3.44% to 26.26%.
Fraction of Income towards Rent: Josephine County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Josephine County Oregon
| Date | US | Oregon | Josephine County OR |
|---|---|---|---|
| 2019 | 20.03% | 21.21% | 26.26% |
| 2018 | 20.50% | 21.38% | 21.04% |
| 2017 | 20.13% | 21.50% | 23.26% |
| 2016 | 20.43% | 21.17% | 26.03% |
| 2015 | 20.63% | 20.90% | 24.24% |
| 2014 | 20.89% | 21.71% | 26.69% |
| 2013 | 20.78% | 21.18% | 26.32% |
| 2012 | 20.65% | 21.04% | 29.70% |
| 2011 | 20.70% | 21.53% | 24.58% |
| 2010 | 20.50% | 21.03% | 22.61% |
| 2009 | 20.12% | 20.28% | 25.86% |
| 2007 | 18.66% | 18.30% | 23.09% |
| 2005 | 18.89% | 19.25% | 22.82% |
Renter Fraction in Josephine County Oregon
You can calculate the renter fraction in Josephine 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 Josephine County as a fraction of total Josephine County households. In 2019 33.71% of households were renters according to Census ACS data.
Josephine 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% |
| Josephine County OR | 33.71% | +4.76% | -4.02% |
Trends in the Josephine County OR Renter Fraction
The Josephine County household renter fraction peaked in in 2016 at 37.73% and is now 4.02% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Josephine County OR, Oregon, US
History of Josephine County Renter Fraction
| Date | US | Oregon | Josephine County OR |
|---|---|---|---|
| 2019 | 35.89% | 37.12% | 33.71% |
| 2018 | 36.05% | 37.51% | 28.95% |
| 2017 | 36.13% | 37.20% | 34.39% |
| 2016 | 36.88% | 38.31% | 37.73% |
| 2015 | 36.97% | 38.91% | 34.39% |
| 2014 | 36.90% | 39.28% | 34.61% |
| 2013 | 36.50% | 39.17% | 33.97% |
| 2012 | 36.09% | 38.44% | 36.05% |
| 2011 | 35.42% | 39.22% | 34.77% |
| 2010 | 34.65% | 37.45% | 36.02% |
| 2009 | 34.13% | 36.95% | 33.38% |
| 2007 | 32.80% | 35.41% | 30.51% |
| 2005 | 33.10% | 36.22% | 33.61% |
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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