College Station Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in College Station, TX (the College Station-Bryan metro area) was $952 in 2019 according to the Census ACS survey.1 Average gross rent in College Station was $988 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 College Station median and average rent data will be released in September of 2021.
Data is also available below for College Station rental vacancy rates, College Station rent as a percent of median income and the fraction of renters in College Station.
Real Gross Rent in College Station 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% |
| College Station, TX Median Gross Rent | $952 | -0.21% | +4.04% |
College Station, TX Real Gross Rent Trends
Median gross rent for College Station peaked in real terms in 2018 at $954 and is now $2 (0.21%) lower. Average gross rent for College Station peaked in real terms in 2018 at $1,051 and is now $63 (5.99%) lower.
Real Gross Rent in College Station: College Station TX Median, College Station TX Average, Texas Median, US Median
Real Gross Rent History for College Station
| Date | US Median |
Texas Median |
College Station, TX Median |
College Station, TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $952 | $988 |
| 2018 | $1,077 | $1,065 | $954 | $1,051 |
| 2017 | $1,043 | $1,018 | $927 | $1,001 |
| 2016 | $1,027 | $1,001 | $915 | $1,023 |
| 2015 | $1,017 | $989 | $912 | $934 |
| 2014 | $986 | $946 | $901 | $974 |
| 2013 | $953 | $902 | $875 | $935 |
| 2012 | $940 | $884 | $844 | $933 |
| 2011 | $941 | $878 | $900 | $944 |
| 2010 | $955 | $895 | $888 | $922 |
| 2009 | $960 | $898 | $898 | $931 |
| 2007 | $927 | $862 | $779 | $808 |
| 2005 | $910 | $839 | $825 | $833 |
College Station 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 College Station Texas was 11.39% according to Census ACS data.
Rental Vacancy Rate in College Station Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| College Station, TX | 11.39% | -0.22% | +7.46% |
Trends in College Station, TX Rental Vacancy Rate
The rental vacancy rate in College Station peaked in 2011 at 13.27%. Since then it has fallen by 1.88% to 11.39%. Data records for this series originated in 2005. From a 2016 post peak low of 3.93%, the rental vacancy rate has increased by 7.46%.
Rental Vacancy Rate: College Station TX, Texas, US
Historical Rental Vacancy Rate data for College Station
| Date | US | Texas | College Station, TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 11.39% |
| 2018 | 6.15% | 8.21% | 11.61% |
| 2017 | 6.18% | 8.49% | 11.45% |
| 2016 | 5.89% | 7.65% | 3.93% |
| 2015 | 5.85% | 6.95% | 4.48% |
| 2014 | 6.32% | 7.30% | 4.55% |
| 2013 | 6.49% | 7.86% | 8.26% |
| 2012 | 6.77% | 8.53% | 10.50% |
| 2011 | 7.40% | 9.23% | 13.27% |
| 2010 | 8.17% | 10.60% | 9.32% |
| 2009 | 8.43% | 10.69% | 5.76% |
| 2007 | 7.87% | 10.61% | 7.58% |
| 2005 | 7.74% | 10.60% | 6.12% |
Rent as a Fraction of Income
Using median household income data for College Station, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For College Station, median monthly gross rent as a fraction of median household income was 20.52% in 2019 according to the ACS.
College Station 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% |
| College Station, TX | 20.52% | -1.74% | -4.31% |
Trends in College Station, TX Rent as a Fraction of Income
The fraction of median College Station household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 28.22%. Since then it has fallen by 7.70% to 20.52%.
Fraction of Income towards Rent: College Station TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in College Station Texas
| Date | US | Texas | College Station, TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 20.52% |
| 2018 | 20.50% | 20.70% | 22.26% |
| 2017 | 20.13% | 20.00% | 23.70% |
| 2016 | 20.43% | 20.28% | 24.83% |
| 2015 | 20.63% | 20.10% | 22.27% |
| 2014 | 20.89% | 20.27% | 24.30% |
| 2013 | 20.78% | 19.89% | 25.15% |
| 2012 | 20.65% | 19.65% | 23.59% |
| 2011 | 20.70% | 19.75% | 28.22% |
| 2010 | 20.50% | 19.77% | 26.53% |
| 2009 | 20.12% | 19.59% | 27.70% |
| 2007 | 18.66% | 18.52% | 20.81% |
| 2005 | 18.89% | 19.11% | 25.63% |
Renter Fraction in College Station Texas
You can calculate the renter fraction in College Station 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 College Station as a fraction of total College Station households. In 2019 48.06% of households were renters according to Census ACS data.
College Station 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% |
| College Station, TX | 48.06% | -2.19% | -1.47% |
Trends in the College Station, TX Renter Fraction
The College Station household renter fraction peaked in in 2014 at 52.32% and is now 4.26% below that level. The origin year for the series is 2005.
Fraction of Renting Households: College Station TX, Texas, US
History of College Station Renter Fraction
| Date | US | Texas | College Station, TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 48.06% |
| 2018 | 36.05% | 38.28% | 50.25% |
| 2017 | 36.13% | 38.03% | 47.00% |
| 2016 | 36.88% | 38.91% | 49.53% |
| 2015 | 36.97% | 38.94% | 50.47% |
| 2014 | 36.90% | 38.84% | 52.32% |
| 2013 | 36.50% | 38.16% | 51.35% |
| 2012 | 36.09% | 37.72% | 48.89% |
| 2011 | 35.42% | 37.08% | 49.85% |
| 2010 | 34.65% | 36.42% | 48.20% |
| 2009 | 34.13% | 36.32% | 50.13% |
| 2007 | 32.80% | 34.82% | 48.56% |
| 2005 | 33.10% | 35.29% | 48.51% |
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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