Yamhill County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Yamhill County OR was $1,186 in 2019 according to the Census ACS survey.1 Average gross rent in Yamhill County was $1,147 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 Yamhill County median and average rent data will be released in September of 2021.
Data is also available below for Yamhill County rental vacancy rates, Yamhill County rent as a percent of median income and the fraction of renters in Yamhill County.
Real Gross Rent in Yamhill 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% |
Yamhill County OR Median Gross Rent | $1,186 | +1.98% | +29.33% |
Yamhill County OR Real Gross Rent Trends
At $1,186, real median gross rent in Yamhill County was at its highest level in 2019 since the series began in 2005. Average gross rent for Yamhill County peaked in real terms in 2018 at $1,161 and is now $14 (1.21%) lower.
Real Gross Rent: Yamhill County OR Median, Yamhill County OR Average, Oregon Median, US Median
Real Gross Rent History for Yamhill County
Date | US Median |
Oregon Median |
Yamhill County OR Median |
Yamhill County OR Average |
---|---|---|---|---|
2019 | $1,097 | $1,185 | $1,186 | $1,147 |
2018 | $1,077 | $1,150 | $1,163 | $1,161 |
2017 | $1,043 | $1,113 | $1,074 | $1,088 |
2016 | $1,027 | $1,063 | $917 | $990 |
2015 | $1,017 | $1,000 | $954 | $1,000 |
2014 | $986 | $976 | $921 | $1,028 |
2013 | $953 | $934 | $1,045 | $1,087 |
2012 | $940 | $917 | $954 | $952 |
2011 | $941 | $907 | $900 | $944 |
2010 | $955 | $912 | $971 | $1,017 |
2009 | $960 | $933 | $895 | $965 |
2007 | $927 | $873 | $872 | $879 |
2005 | $910 | $861 | $990 | $976 |
Historical Rental Vacancy Rate data for Yamhill County
Date | US | Oregon | Yamhill 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% | — |
2013 | 6.49% | 4.45% | — |
2012 | 6.77% | 4.75% | — |
2011 | 7.40% | 5.06% | — |
2010 | 8.17% | 5.60% | — |
2009 | 8.43% | 6.30% | — |
2007 | 7.87% | 5.08% | 7.20% |
2005 | 7.74% | 6.39% | — |
Rent as a Fraction of Income
Using median household income data for Yamhill County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Yamhill County, median monthly gross rent as a fraction of median household income was 19.52% in 2019 according to the ACS.
Yamhill 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% |
Yamhill County OR | 19.52% | -2.98% | +2.46% |
Trends in Yamhill County OR Rent as a Fraction of Income
The fraction of median Yamhill County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 22.79%. Since then it has fallen by 3.27% to 19.52%.
Fraction of Income towards Rent: Yamhill County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Yamhill County Oregon
Date | US | Oregon | Yamhill County OR |
---|---|---|---|
2019 | 20.03% | 21.21% | 19.52% |
2018 | 20.50% | 21.38% | 22.51% |
2017 | 20.13% | 21.50% | 19.51% |
2016 | 20.43% | 21.17% | 17.07% |
2015 | 20.63% | 20.90% | 21.12% |
2014 | 20.89% | 21.71% | 20.02% |
2013 | 20.78% | 21.18% | 20.31% |
2012 | 20.65% | 21.04% | 22.79% |
2011 | 20.70% | 21.53% | 18.65% |
2010 | 20.50% | 21.03% | 20.73% |
2009 | 20.12% | 20.28% | 18.31% |
2007 | 18.66% | 18.30% | 17.41% |
2005 | 18.89% | 19.25% | 20.55% |
Renter Fraction in Yamhill County Oregon
You can calculate the renter fraction in Yamhill 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 Yamhill County as a fraction of total Yamhill County households. In 2019 35.08% of households were renters according to Census ACS data.
Yamhill 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% |
Yamhill County OR | 35.08% | +3.69% | +2.82% |
Trends in the Yamhill County OR Renter Fraction
At 35.08%, the 2019 household based renter fraction in Yamhill County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Yamhill County OR, Oregon, US
History of Yamhill County Renter Fraction
Date | US | Oregon | Yamhill County OR |
---|---|---|---|
2019 | 35.89% | 37.12% | 35.08% |
2018 | 36.05% | 37.51% | 31.39% |
2017 | 36.13% | 37.20% | 29.53% |
2016 | 36.88% | 38.31% | 32.26% |
2015 | 36.97% | 38.91% | 30.56% |
2014 | 36.90% | 39.28% | 34.34% |
2013 | 36.50% | 39.17% | 34.29% |
2012 | 36.09% | 38.44% | 31.57% |
2011 | 35.42% | 39.22% | 30.13% |
2010 | 34.65% | 37.45% | 33.17% |
2009 | 34.13% | 36.95% | 28.31% |
2007 | 32.80% | 35.41% | 29.68% |
2005 | 33.10% | 36.22% | 30.65% |
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. ↩