Bexar County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Bexar County TX was $1,046 in 2019 according to the Census ACS survey.1 Average gross rent in Bexar County was $1,062 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 Bexar County median and average rent data will be released in September of 2021.
Data is also available below for Bexar County rental vacancy rates, Bexar County rent as a percent of median income and the fraction of renters in Bexar County.
Real Gross Rent in Bexar County 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% |
| Bexar County TX Median Gross Rent | $1,046 | +3.36% | +5.66% |
Bexar County TX Real Gross Rent Trends
At $1,046, real median gross rent in Bexar County was at its highest level in 2019 since the series began in 2005. At $1,062, real average gross rent in Bexar County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Bexar County TX Median, Bexar County TX Average, Texas Median, US Median
Real Gross Rent History for Bexar County
| Date | US Median |
Texas Median |
Bexar County TX Median |
Bexar County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $1,046 | $1,062 |
| 2018 | $1,077 | $1,065 | $1,012 | $1,002 |
| 2017 | $1,043 | $1,018 | $980 | $997 |
| 2016 | $1,027 | $1,001 | $990 | $1,016 |
| 2015 | $1,017 | $989 | $976 | $997 |
| 2014 | $986 | $946 | $942 | $965 |
| 2013 | $953 | $902 | $899 | $928 |
| 2012 | $940 | $884 | $876 | $890 |
| 2011 | $941 | $878 | $873 | $875 |
| 2010 | $955 | $895 | $878 | $903 |
| 2009 | $960 | $898 | $870 | $904 |
| 2007 | $927 | $862 | $831 | $824 |
| 2005 | $910 | $839 | $825 | $838 |
Bexar 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 Bexar County Texas was 7.43% according to Census ACS data.
Rental Vacancy Rate in Bexar County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Bexar County TX | 7.43% | +0.13% | -0.83% |
Trends in Bexar County TX Rental Vacancy Rate
The rental vacancy rate in Bexar County peaked in 2009 at 12.43%. Since then it has fallen by 5.00% to 7.43%. Data records for this series originated in 2005. From a 2013 post peak low of 6.38%, the rental vacancy rate has increased by 1.05%.
Rental Vacancy Rate: Bexar County TX, Texas, US
Historical Rental Vacancy Rate data for Bexar County
| Date | US | Texas | Bexar County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 7.43% |
| 2018 | 6.15% | 8.21% | 7.30% |
| 2017 | 6.18% | 8.49% | 9.30% |
| 2016 | 5.89% | 7.65% | 8.26% |
| 2015 | 5.85% | 6.95% | 6.60% |
| 2014 | 6.32% | 7.30% | 6.99% |
| 2013 | 6.49% | 7.86% | 6.38% |
| 2012 | 6.77% | 8.53% | 8.26% |
| 2011 | 7.40% | 9.23% | 8.34% |
| 2010 | 8.17% | 10.60% | 9.52% |
| 2009 | 8.43% | 10.69% | 12.43% |
| 2007 | 7.87% | 10.61% | 9.40% |
| 2005 | 7.74% | 10.60% | 9.22% |
Rent as a Fraction of Income
Using median household income data for Bexar County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bexar County, median monthly gross rent as a fraction of median household income was 21.29% in 2019 according to the ACS.
Bexar County 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% |
| Bexar County TX | 21.29% | -0.74% | -0.02% |
Trends in Bexar County TX Rent as a Fraction of Income
The fraction of median Bexar County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 22.03%. Since then it has fallen by 0.74% to 21.29%.
Fraction of Income towards Rent: Bexar County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Bexar County Texas
| Date | US | Texas | Bexar County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 21.29% |
| 2018 | 20.50% | 20.70% | 22.03% |
| 2017 | 20.13% | 20.00% | 21.04% |
| 2016 | 20.43% | 20.28% | 21.31% |
| 2015 | 20.63% | 20.10% | 21.11% |
| 2014 | 20.89% | 20.27% | 21.09% |
| 2013 | 20.78% | 19.89% | 20.59% |
| 2012 | 20.65% | 19.65% | 19.80% |
| 2011 | 20.70% | 19.75% | 20.76% |
| 2010 | 20.50% | 19.77% | 19.68% |
| 2009 | 20.12% | 19.59% | 20.17% |
| 2007 | 18.66% | 18.52% | 19.03% |
| 2005 | 18.89% | 19.11% | 18.81% |
Renter Fraction in Bexar County Texas
You can calculate the renter fraction in Bexar 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 Bexar County as a fraction of total Bexar County households. In 2019 41.75% of households were renters according to Census ACS data.
Bexar County 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% |
| Bexar County TX | 41.75% | -0.24% | -0.40% |
Trends in the Bexar County TX Renter Fraction
The Bexar County household renter fraction peaked in in 2015 at 43.08% and is now 1.33% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Bexar County TX, Texas, US
History of Bexar County Renter Fraction
| Date | US | Texas | Bexar County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 41.75% |
| 2018 | 36.05% | 38.28% | 41.99% |
| 2017 | 36.13% | 38.03% | 41.10% |
| 2016 | 36.88% | 38.91% | 42.15% |
| 2015 | 36.97% | 38.94% | 43.08% |
| 2014 | 36.90% | 38.84% | 42.16% |
| 2013 | 36.50% | 38.16% | 42.80% |
| 2012 | 36.09% | 37.72% | 41.60% |
| 2011 | 35.42% | 37.08% | 40.86% |
| 2010 | 34.65% | 36.42% | 39.99% |
| 2009 | 34.13% | 36.32% | 38.16% |
| 2007 | 32.80% | 34.82% | 37.41% |
| 2005 | 33.10% | 35.29% | 36.07% |
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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