Brazos County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Brazos County TX was $966 in 2019 according to the Census ACS survey.1 Average gross rent in Brazos County was $1,029 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 Brazos County median and average rent data will be released in September of 2021.
Data is also available below for Brazos County rental vacancy rates, Brazos County rent as a percent of median income and the fraction of renters in Brazos County.
Real Gross Rent in Brazos 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% |
| Brazos County TX Median Gross Rent | $966 | -0.31% | +3.43% |
Brazos County TX Real Gross Rent Trends
Median gross rent for Brazos County peaked in real terms in 2018 at $969 and is now $3 (0.31%) lower. Average gross rent for Brazos County peaked in real terms in 2018 at $1,072 and is now $43 (4.01%) lower.
Real Gross Rent: Brazos County TX Median, Brazos County TX Average, Texas Median, US Median
Real Gross Rent History for Brazos County
| Date | US Median |
Texas Median |
Brazos County TX Median |
Brazos County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $966 | $1,029 |
| 2018 | $1,077 | $1,065 | $969 | $1,072 |
| 2017 | $1,043 | $1,018 | $938 | $1,028 |
| 2016 | $1,027 | $1,001 | $934 | $1,060 |
| 2015 | $1,017 | $989 | $920 | $966 |
| 2014 | $986 | $946 | $914 | $999 |
| 2013 | $953 | $902 | $892 | $971 |
| 2012 | $940 | $884 | $857 | $966 |
| 2011 | $941 | $878 | $918 | $961 |
| 2010 | $955 | $895 | $904 | $948 |
| 2009 | $960 | $898 | $916 | $984 |
| 2007 | $927 | $862 | $829 | $851 |
| 2005 | $910 | $839 | $836 | $868 |
Brazos 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 Brazos County Texas was 11.97% according to Census ACS data.
Rental Vacancy Rate in Brazos County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Brazos County TX | 11.97% | -0.29% | +8.45% |
Trends in Brazos County TX Rental Vacancy Rate
The rental vacancy rate in Brazos County peaked in 2011 at 12.54%. Since then it has fallen by 0.57% to 11.97%. Data records for this series originated in 2005. From a 2016 post peak low of 3.52%, the rental vacancy rate has increased by 8.45%.
Rental Vacancy Rate: Brazos County TX, Texas, US
Historical Rental Vacancy Rate data for Brazos County
| Date | US | Texas | Brazos County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 11.97% |
| 2018 | 6.15% | 8.21% | 12.26% |
| 2017 | 6.18% | 8.49% | 12.08% |
| 2016 | 5.89% | 7.65% | 3.52% |
| 2015 | 5.85% | 6.95% | 4.04% |
| 2014 | 6.32% | 7.30% | 4.19% |
| 2013 | 6.49% | 7.86% | 8.01% |
| 2012 | 6.77% | 8.53% | 10.78% |
| 2011 | 7.40% | 9.23% | 12.54% |
| 2010 | 8.17% | 10.60% | 7.80% |
| 2009 | 8.43% | 10.69% | 5.43% |
| 2007 | 7.87% | 10.61% | 8.41% |
| 2005 | 7.74% | 10.60% | 6.15% |
Rent as a Fraction of Income
Using median household income data for Brazos County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Brazos County, median monthly gross rent as a fraction of median household income was 21.03% in 2019 according to the ACS.
Brazos 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% |
| Brazos County TX | 21.03% | -1.77% | -4.73% |
Trends in Brazos County TX Rent as a Fraction of Income
The fraction of median Brazos County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 30.16%. Since then it has fallen by 9.13% to 21.03%.
Fraction of Income towards Rent: Brazos County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Brazos County Texas
| Date | US | Texas | Brazos County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 21.03% |
| 2018 | 20.50% | 20.70% | 22.80% |
| 2017 | 20.13% | 20.00% | 24.18% |
| 2016 | 20.43% | 20.28% | 25.76% |
| 2015 | 20.63% | 20.10% | 23.50% |
| 2014 | 20.89% | 20.27% | 25.36% |
| 2013 | 20.78% | 19.89% | 26.81% |
| 2012 | 20.65% | 19.65% | 24.24% |
| 2011 | 20.70% | 19.75% | 30.16% |
| 2010 | 20.50% | 19.77% | 27.42% |
| 2009 | 20.12% | 19.59% | 29.25% |
| 2007 | 18.66% | 18.52% | 22.42% |
| 2005 | 18.89% | 19.11% | 26.75% |
Renter Fraction in Brazos County Texas
You can calculate the renter fraction in Brazos 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 Brazos County as a fraction of total Brazos County households. In 2019 51.80% of households were renters according to Census ACS data.
Brazos 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% |
| Brazos County TX | 51.80% | -2.89% | -1.97% |
Trends in the Brazos County TX Renter Fraction
The Brazos County household renter fraction peaked in in 2014 at 57.22% and is now 5.42% below that level. From a recent low of 50.55% in 2017, the household based renter fraction has now grown by 1.25%. The origin year for the series is 2005.
Fraction of Renting Households: Brazos County TX, Texas, US
History of Brazos County Renter Fraction
| Date | US | Texas | Brazos County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 51.80% |
| 2018 | 36.05% | 38.28% | 54.69% |
| 2017 | 36.13% | 38.03% | 50.55% |
| 2016 | 36.88% | 38.91% | 53.77% |
| 2015 | 36.97% | 38.94% | 54.75% |
| 2014 | 36.90% | 38.84% | 57.22% |
| 2013 | 36.50% | 38.16% | 55.87% |
| 2012 | 36.09% | 37.72% | 53.02% |
| 2011 | 35.42% | 37.08% | 54.59% |
| 2010 | 34.65% | 36.42% | 52.23% |
| 2009 | 34.13% | 36.32% | 54.13% |
| 2007 | 32.80% | 34.82% | 52.67% |
| 2005 | 33.10% | 35.29% | 55.53% |
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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