Fort Bend County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Fort Bend County TX was $1,547 in 2019 according to the Census ACS survey.1 Average gross rent in Fort Bend County was $1,415 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 Fort Bend County median and average rent data will be released in September of 2021.
Data is also available below for Fort Bend County rental vacancy rates, Fort Bend County rent as a percent of median income and the fraction of renters in Fort Bend County.
Real Gross Rent in Fort Bend 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% |
| Fort Bend County TX Median Gross Rent | $1,547 | +6.69% | +19.83% |
Fort Bend County TX Real Gross Rent Trends
At $1,547, real median gross rent in Fort Bend County was at its highest level in 2019 since the series began in 2005. At $1,415, real average gross rent in Fort Bend County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Fort Bend County TX Median, Fort Bend County TX Average, Texas Median, US Median
Real Gross Rent History for Fort Bend County
| Date | US Median |
Texas Median |
Fort Bend County TX Median |
Fort Bend County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $1,547 | $1,415 |
| 2018 | $1,077 | $1,065 | $1,450 | $1,342 |
| 2017 | $1,043 | $1,018 | $1,386 | $1,413 |
| 2016 | $1,027 | $1,001 | $1,291 | $1,277 |
| 2015 | $1,017 | $989 | $1,379 | $1,368 |
| 2014 | $986 | $946 | $1,274 | $1,301 |
| 2013 | $953 | $902 | $1,263 | $1,277 |
| 2012 | $940 | $884 | $1,232 | $1,282 |
| 2011 | $941 | $878 | $1,121 | $1,115 |
| 2010 | $955 | $895 | $1,212 | $1,141 |
| 2009 | $960 | $898 | $1,224 | $1,229 |
| 2007 | $927 | $862 | $1,120 | $1,190 |
| 2005 | $910 | $839 | $1,069 | $1,095 |
Fort Bend 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 Fort Bend County Texas was 7.43% according to Census ACS data.
Rental Vacancy Rate in Fort Bend County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Fort Bend County TX | 7.43% | -0.72% | — |
Trends in Fort Bend County TX Rental Vacancy Rate
The rental vacancy rate in Fort Bend County peaked in 2008 at 9.85%. Since then it has fallen by 2.42% to 7.43%. Data records for this series originated in 2005.
Rental Vacancy Rate: Fort Bend County TX, Texas, US
Historical Rental Vacancy Rate data for Fort Bend County
| Date | US | Texas | Fort Bend County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 7.43% |
| 2018 | 6.15% | 8.21% | 8.15% |
| 2017 | 6.18% | 8.49% | 9.45% |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | 4.96% |
| 2014 | 6.32% | 7.30% | — |
| 2013 | 6.49% | 7.86% | 6.58% |
| 2012 | 6.77% | 8.53% | 7.30% |
| 2011 | 7.40% | 9.23% | 5.76% |
| 2010 | 8.17% | 10.60% | 9.73% |
| 2009 | 8.43% | 10.69% | 4.83% |
| 2007 | 7.87% | 10.61% | 7.94% |
| 2005 | 7.74% | 10.60% | 3.32% |
Rent as a Fraction of Income
Using median household income data for Fort Bend County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fort Bend County, median monthly gross rent as a fraction of median household income was 18.33% in 2019 according to the ACS.
Fort Bend 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% |
| Fort Bend County TX | 18.33% | -0.26% | +2.01% |
Trends in Fort Bend County TX Rent as a Fraction of Income
The fraction of median Fort Bend County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 18.59%. Since then it has fallen by 0.26% to 18.33%.
Fraction of Income towards Rent: Fort Bend County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Fort Bend County Texas
| Date | US | Texas | Fort Bend County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 18.33% |
| 2018 | 20.50% | 20.70% | 18.59% |
| 2017 | 20.13% | 20.00% | 17.75% |
| 2016 | 20.43% | 20.28% | 16.32% |
| 2015 | 20.63% | 20.10% | 16.35% |
| 2014 | 20.89% | 20.27% | 16.46% |
| 2013 | 20.78% | 19.89% | 16.35% |
| 2012 | 20.65% | 19.65% | 16.11% |
| 2011 | 20.70% | 19.75% | 15.14% |
| 2010 | 20.50% | 19.77% | 17.07% |
| 2009 | 20.12% | 19.59% | 15.99% |
| 2007 | 18.66% | 18.52% | 14.84% |
| 2005 | 18.89% | 19.11% | 14.61% |
Renter Fraction in Fort Bend County Texas
You can calculate the renter fraction in Fort Bend 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 Fort Bend County as a fraction of total Fort Bend County households. In 2019 22.49% of households were renters according to Census ACS data.
Fort Bend 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% |
| Fort Bend County TX | 22.49% | -0.48% | -1.85% |
Trends in the Fort Bend County TX Renter Fraction
The Fort Bend County household renter fraction peaked in in 2016 at 24.34% and is now 1.85% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Fort Bend County TX, Texas, US
History of Fort Bend County Renter Fraction
| Date | US | Texas | Fort Bend County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 22.49% |
| 2018 | 36.05% | 38.28% | 22.97% |
| 2017 | 36.13% | 38.03% | 23.41% |
| 2016 | 36.88% | 38.91% | 24.34% |
| 2015 | 36.97% | 38.94% | 22.83% |
| 2014 | 36.90% | 38.84% | 20.85% |
| 2013 | 36.50% | 38.16% | 21.78% |
| 2012 | 36.09% | 37.72% | 21.28% |
| 2011 | 35.42% | 37.08% | 20.90% |
| 2010 | 34.65% | 36.42% | 22.02% |
| 2009 | 34.13% | 36.32% | 20.66% |
| 2007 | 32.80% | 34.82% | 18.86% |
| 2005 | 33.10% | 35.29% | 17.66% |
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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