Armstrong County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Armstrong County PA was $706 in 2019 according to the Census ACS survey.1 Average gross rent in Armstrong County was $650 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 Armstrong County median and average rent data will be released in September of 2021.
Data is also available below for Armstrong County rental vacancy rates, Armstrong County rent as a percent of median income and the fraction of renters in Armstrong County.
Real Gross Rent in Armstrong County Pennsylvania (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Pennsylvania Median Gross Rent | $951 | +0.74% | +3.03% |
| Armstrong County PA Median Gross Rent | $706 | +7.95% | +10.14% |
Armstrong County PA Real Gross Rent Trends
At $706, real median gross rent in Armstrong County was at its highest level in 2019 since the series began in 2005. At $650, real average gross rent in Armstrong County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Armstrong County PA Median, Armstrong County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Armstrong County
| Date | US Median |
Pennsylvania Median |
Armstrong County PA Median |
Armstrong County PA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $951 | $706 | $650 |
| 2018 | $1,077 | $944 | $654 | $624 |
| 2017 | $1,043 | $921 | $659 | $569 |
| 2016 | $1,027 | $923 | $641 | $579 |
| 2015 | $1,017 | $921 | $635 | $589 |
| 2014 | $986 | $895 | $687 | $579 |
| 2013 | $953 | $872 | $640 | $568 |
| 2012 | $940 | $849 | $593 | $641 |
| 2011 | $941 | $849 | $635 | $649 |
| 2010 | $955 | $853 | $622 | $507 |
| 2009 | $960 | $841 | $604 | $563 |
| 2007 | $927 | $805 | $621 | $587 |
| 2005 | $910 | $809 | $613 | $468 |
Armstrong 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 Armstrong County Pennsylvania was 3.93% according to Census ACS data.
Rental Vacancy Rate in Armstrong County Pennsylvania
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Pennsylvania | 4.87% | -0.42% | -0.90% |
| Armstrong County PA | 3.93% | +2.69% | -4.13% |
Trends in Armstrong County PA Rental Vacancy Rate
The rental vacancy rate in Armstrong County peaked in 2010 at 10.39%. Since then it has fallen by 6.46% to 3.93%. Data records for this series originated in 2005. From a 2018 post peak low of 1.24%, the rental vacancy rate has increased by 2.69%.
Rental Vacancy Rate: Armstrong County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Armstrong County
| Date | US | Pennsylvania | Armstrong County PA |
|---|---|---|---|
| 2019 | 5.97% | 4.87% | 3.93% |
| 2018 | 6.15% | 5.29% | 1.24% |
| 2017 | 6.18% | 5.84% | 3.27% |
| 2016 | 5.89% | 5.77% | 8.06% |
| 2015 | 5.85% | 5.77% | 3.22% |
| 2014 | 6.32% | 6.40% | 8.29% |
| 2013 | 6.49% | 5.78% | 8.49% |
| 2012 | 6.77% | 5.88% | 3.65% |
| 2011 | 7.40% | 6.13% | 2.46% |
| 2010 | 8.17% | 6.47% | 10.39% |
| 2009 | 8.43% | 6.80% | 7.28% |
| 2007 | 7.87% | 7.34% | 4.26% |
| 2005 | 7.74% | 7.94% | — |
Rent as a Fraction of Income
Using median household income data for Armstrong County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Armstrong County, median monthly gross rent as a fraction of median household income was 14.70% in 2019 according to the ACS.
Armstrong County Pennsylvania Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Pennsylvania | 17.98% | -0.28% | -0.60% |
| Armstrong County PA | 14.70% | -0.72% | -0.80% |
Trends in Armstrong County PA Rent as a Fraction of Income
The fraction of median Armstrong County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 17.38%. Since then it has fallen by 2.68% to 14.70%.
Fraction of Income towards Rent: Armstrong County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Armstrong County Pennsylvania
| Date | US | Pennsylvania | Armstrong County PA |
|---|---|---|---|
| 2019 | 20.03% | 17.98% | 14.70% |
| 2018 | 20.50% | 18.26% | 15.42% |
| 2017 | 20.13% | 18.10% | 16.69% |
| 2016 | 20.43% | 18.58% | 15.49% |
| 2015 | 20.63% | 18.70% | 16.16% |
| 2014 | 20.89% | 19.12% | 17.38% |
| 2013 | 20.78% | 19.11% | 16.89% |
| 2012 | 20.65% | 18.69% | 15.97% |
| 2011 | 20.70% | 18.78% | 16.59% |
| 2010 | 20.50% | 18.58% | 15.30% |
| 2009 | 20.12% | 17.88% | 14.48% |
| 2007 | 18.66% | 16.92% | 15.67% |
| 2005 | 18.89% | 17.43% | 16.59% |
Renter Fraction in Armstrong County Pennsylvania
You can calculate the renter fraction in Armstrong 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 Armstrong County as a fraction of total Armstrong County households. In 2019 25.20% of households were renters according to Census ACS data.
Armstrong County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Pennsylvania | 31.59% | +0.19% | +0.09% |
| Armstrong County PA | 25.20% | +2.53% | +4.64% |
Trends in the Armstrong County PA Renter Fraction
The Armstrong County household renter fraction peaked in in 2007 at 28.25% and is now 3.05% below that level. From a recent low of 20.56% in 2016, the household based renter fraction has now grown by 4.64%. The origin year for the series is 2005.
Fraction of Renting Households: Armstrong County PA, Pennsylvania, US
History of Armstrong County Renter Fraction
| Date | US | Pennsylvania | Armstrong County PA |
|---|---|---|---|
| 2019 | 35.89% | 31.59% | 25.20% |
| 2018 | 36.05% | 31.40% | 22.67% |
| 2017 | 36.13% | 31.70% | 26.69% |
| 2016 | 36.88% | 31.50% | 20.56% |
| 2015 | 36.97% | 31.28% | 27.44% |
| 2014 | 36.90% | 31.17% | 23.43% |
| 2013 | 36.50% | 31.05% | 25.92% |
| 2012 | 36.09% | 31.09% | 24.02% |
| 2011 | 35.42% | 30.51% | 23.33% |
| 2010 | 34.65% | 29.87% | 24.08% |
| 2009 | 34.13% | 29.48% | 21.97% |
| 2007 | 32.80% | 28.36% | 28.25% |
| 2005 | 33.10% | 28.52% | 21.50% |
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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