Beaumont Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Beaumont, TX (the Beaumont-Port Arthur metro area) was $893 in 2019 according to the Census ACS survey.1 Average gross rent in Beaumont was $840 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 Beaumont median and average rent data will be released in September of 2021.
Data is also available below for Beaumont rental vacancy rates, Beaumont rent as a percent of median income and the fraction of renters in Beaumont.
Real Gross Rent in Beaumont Texas (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Texas Median Gross Rent | $1,091 | +2.44% | +8.99% |
| Beaumont, TX Median Gross Rent | $893 | +5.81% | +4.44% |
Beaumont, TX Real Gross Rent Trends
At $893, real median gross rent in Beaumont was at its highest level in 2019 since the series began in 2005. At $840, real average gross rent in Beaumont was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Beaumont: Beaumont TX Median, Beaumont TX Average, Texas Median, US Median
Real Gross Rent History for Beaumont
| Date | US Median |
Texas Median |
Beaumont, TX Median |
Beaumont, TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $893 | $840 |
| 2018 | $1,077 | $1,065 | $844 | $758 |
| 2017 | $1,043 | $1,018 | $816 | $763 |
| 2016 | $1,027 | $1,001 | $855 | $793 |
| 2015 | $1,017 | $989 | $845 | $798 |
| 2014 | $986 | $946 | $799 | $717 |
| 2013 | $953 | $902 | $754 | $706 |
| 2012 | $940 | $884 | $740 | $713 |
| 2011 | $941 | $878 | $827 | $777 |
| 2010 | $955 | $895 | $801 | $725 |
| 2009 | $960 | $898 | $750 | $699 |
| 2007 | $927 | $862 | $761 | $708 |
| 2005 | $910 | $839 | $695 | $655 |
Beaumont 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 Beaumont Texas was 6.99% according to Census ACS data.
Rental Vacancy Rate in Beaumont Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Beaumont, TX | 6.99% | +2.34% | -0.54% |
Trends in Beaumont, TX Rental Vacancy Rate
The rental vacancy rate in Beaumont peaked in 2012 at 12.84%. Since then it has fallen by 5.85% to 6.99%. Data records for this series originated in 2005. From a 2017 post peak low of 4.64%, the rental vacancy rate has increased by 2.35%.
Rental Vacancy Rate: Beaumont TX, Texas, US
Historical Rental Vacancy Rate data for Beaumont
| Date | US | Texas | Beaumont, TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 6.99% |
| 2018 | 6.15% | 8.21% | 4.65% |
| 2017 | 6.18% | 8.49% | 4.64% |
| 2016 | 5.89% | 7.65% | 7.53% |
| 2015 | 5.85% | 6.95% | 5.68% |
| 2014 | 6.32% | 7.30% | 7.02% |
| 2013 | 6.49% | 7.86% | 12.22% |
| 2012 | 6.77% | 8.53% | 12.84% |
| 2011 | 7.40% | 9.23% | 9.29% |
| 2010 | 8.17% | 10.60% | 11.67% |
| 2009 | 8.43% | 10.69% | 4.95% |
| 2007 | 7.87% | 10.61% | 8.36% |
| 2005 | 7.74% | 10.60% | 8.87% |
Rent as a Fraction of Income
Using median household income data for Beaumont, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Beaumont, median monthly gross rent as a fraction of median household income was 18.22% in 2019 according to the ACS.
Beaumont Texas Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Texas | 20.45% | -0.26% | +0.16% |
| Beaumont, TX | 18.22% | -1.53% | -1.64% |
Trends in Beaumont, TX Rent as a Fraction of Income
The fraction of median Beaumont household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 21.38%. Since then it has fallen by 3.16% to 18.22%.
Fraction of Income towards Rent: Beaumont TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Beaumont Texas
| Date | US | Texas | Beaumont, TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 18.22% |
| 2018 | 20.50% | 20.70% | 19.75% |
| 2017 | 20.13% | 20.00% | 19.03% |
| 2016 | 20.43% | 20.28% | 19.86% |
| 2015 | 20.63% | 20.10% | 19.21% |
| 2014 | 20.89% | 20.27% | 21.38% |
| 2013 | 20.78% | 19.89% | 19.09% |
| 2012 | 20.65% | 19.65% | 19.23% |
| 2011 | 20.70% | 19.75% | 21.29% |
| 2010 | 20.50% | 19.77% | 20.84% |
| 2009 | 20.12% | 19.59% | 18.01% |
| 2007 | 18.66% | 18.52% | 17.84% |
| 2005 | 18.89% | 19.11% | 17.73% |
Renter Fraction in Beaumont Texas
You can calculate the renter fraction in Beaumont 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 Beaumont as a fraction of total Beaumont households. In 2019 33.26% of households were renters according to Census ACS data.
Beaumont Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Texas | 38.12% | -0.16% | -0.79% |
| Beaumont, TX | 33.26% | -0.92% | -1.10% |
Trends in the Beaumont, TX Renter Fraction
The Beaumont household renter fraction peaked in in 2016 at 34.36% and is now 1.10% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Beaumont TX, Texas, US
History of Beaumont Renter Fraction
| Date | US | Texas | Beaumont, TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 33.26% |
| 2018 | 36.05% | 38.28% | 34.18% |
| 2017 | 36.13% | 38.03% | 31.51% |
| 2016 | 36.88% | 38.91% | 34.36% |
| 2015 | 36.97% | 38.94% | 32.61% |
| 2014 | 36.90% | 38.84% | 33.25% |
| 2013 | 36.50% | 38.16% | 31.84% |
| 2012 | 36.09% | 37.72% | 30.36% |
| 2011 | 35.42% | 37.08% | 31.17% |
| 2010 | 34.65% | 36.42% | 32.36% |
| 2009 | 34.13% | 36.32% | 33.55% |
| 2007 | 32.80% | 34.82% | 30.10% |
| 2005 | 33.10% | 35.29% | 32.55% |
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. ↩
