Klamath County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Klamath County OR was $809 in 2019 according to the Census ACS survey.1 Average gross rent in Klamath County was $816 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 Klamath County median and average rent data will be released in September of 2021.
Data is also available below for Klamath County rental vacancy rates, Klamath County rent as a percent of median income and the fraction of renters in Klamath County.
Real Gross Rent in Klamath 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% |
Klamath County OR Median Gross Rent | $809 | +4.79% | +11.74% |
Klamath County OR Real Gross Rent Trends
Median gross rent for Klamath County peaked in real terms in 2008 at $815 and is now $6 (0.74%) lower. Average gross rent for Klamath County peaked in real terms in 2008 at $829 and is now $13 (1.57%) lower.
Real Gross Rent: Klamath County OR Median, Klamath County OR Average, Oregon Median, US Median
Real Gross Rent History for Klamath County
Date | US Median |
Oregon Median |
Klamath County OR Median |
Klamath County OR Average |
---|---|---|---|---|
2019 | $1,097 | $1,185 | $809 | $816 |
2018 | $1,077 | $1,150 | $772 | $809 |
2017 | $1,043 | $1,113 | $745 | $747 |
2016 | $1,027 | $1,063 | $724 | $752 |
2015 | $1,017 | $1,000 | $760 | $816 |
2014 | $986 | $976 | $758 | $752 |
2013 | $953 | $934 | $754 | $750 |
2012 | $940 | $917 | $758 | $731 |
2011 | $941 | $907 | $733 | $753 |
2010 | $955 | $912 | $777 | $750 |
2009 | $960 | $933 | $758 | $781 |
2007 | $927 | $873 | $688 | $698 |
2005 | $910 | $861 | $695 | $690 |
Klamath County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Klamath County Oregon was 4.21% according to Census ACS data.
Rental Vacancy Rate in Klamath County Oregon
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Oregon | 4.00% | -0.35% | +0.83% |
Klamath County OR | — | — | — |
Trends in Klamath County OR Rental Vacancy Rate
The rental vacancy rate in Klamath County peaked in 2007 at 11.07%. Since then it has fallen by 6.86% to 4.21%. Data records for this series originated in 2005.
Rental Vacancy Rate: Klamath County OR, Oregon, US
Historical Rental Vacancy Rate data for Klamath County
Date | US | Oregon | Klamath County OR |
---|---|---|---|
2019 | 5.97% | 4.00% | — |
2018 | 6.15% | 4.35% | 4.21% |
2017 | 6.18% | 3.80% | 6.47% |
2016 | 5.89% | 3.17% | 4.24% |
2015 | 5.85% | 3.64% | 7.35% |
2014 | 6.32% | 3.57% | 9.79% |
2013 | 6.49% | 4.45% | — |
2012 | 6.77% | 4.75% | — |
2011 | 7.40% | 5.06% | 10.69% |
2010 | 8.17% | 5.60% | 9.64% |
2009 | 8.43% | 6.30% | 6.93% |
2007 | 7.87% | 5.08% | 11.07% |
2005 | 7.74% | 6.39% | 6.42% |
Rent as a Fraction of Income
Using median household income data for Klamath County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Klamath County, median monthly gross rent as a fraction of median household income was 17.23% in 2019 according to the ACS.
Klamath 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% |
Klamath County OR | 17.23% | -2.83% | -0.95% |
Trends in Klamath County OR Rent as a Fraction of Income
The fraction of median Klamath County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 23.29%. Since then it has fallen by 6.07% to 17.23%.
Fraction of Income towards Rent: Klamath County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Klamath County Oregon
Date | US | Oregon | Klamath County OR |
---|---|---|---|
2019 | 20.03% | 21.21% | 17.23% |
2018 | 20.50% | 21.38% | 20.06% |
2017 | 20.13% | 21.50% | 22.29% |
2016 | 20.43% | 21.17% | 18.18% |
2015 | 20.63% | 20.90% | 19.55% |
2014 | 20.89% | 21.71% | 22.01% |
2013 | 20.78% | 21.18% | 23.29% |
2012 | 20.65% | 21.04% | 21.95% |
2011 | 20.70% | 21.53% | 22.35% |
2010 | 20.50% | 21.03% | 22.15% |
2009 | 20.12% | 20.28% | 19.32% |
2007 | 18.66% | 18.30% | 15.81% |
2005 | 18.89% | 19.25% | 18.58% |
Renter Fraction in Klamath County Oregon
You can calculate the renter fraction in Klamath 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 Klamath County as a fraction of total Klamath County households. In 2019 34.45% of households were renters according to Census ACS data.
Klamath 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% |
Klamath County OR | 34.45% | -1.87% | -1.31% |
Trends in the Klamath County OR Renter Fraction
The Klamath County household renter fraction peaked in in 2012 at 38.56% and is now 4.11% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Klamath County OR, Oregon, US
History of Klamath County Renter Fraction
Date | US | Oregon | Klamath County OR |
---|---|---|---|
2019 | 35.89% | 37.12% | 34.45% |
2018 | 36.05% | 37.51% | 36.32% |
2017 | 36.13% | 37.20% | 33.61% |
2016 | 36.88% | 38.31% | 35.76% |
2015 | 36.97% | 38.91% | 36.81% |
2014 | 36.90% | 39.28% | 37.01% |
2013 | 36.50% | 39.17% | 34.46% |
2012 | 36.09% | 38.44% | 38.56% |
2011 | 35.42% | 39.22% | 32.48% |
2010 | 34.65% | 37.45% | 31.64% |
2009 | 34.13% | 36.95% | 34.33% |
2007 | 32.80% | 35.41% | 26.97% |
2005 | 33.10% | 36.22% | 32.47% |
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. ↩