Guadalupe County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Guadalupe County TX was $1,208 in 2019 according to the Census ACS survey.1 Average gross rent in Guadalupe County was $1,123 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 Guadalupe County median and average rent data will be released in September of 2021.
Data is also available below for Guadalupe County rental vacancy rates, Guadalupe County rent as a percent of median income and the fraction of renters in Guadalupe County.
Real Gross Rent in Guadalupe 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% |
| Guadalupe County TX Median Gross Rent | $1,208 | +8.63% | +8.73% |
Guadalupe County TX Real Gross Rent Trends
At $1,208, real median gross rent in Guadalupe County was at its highest level in 2019 since the series began in 2005. Average gross rent for Guadalupe County peaked in real terms in 2017 at $1,152 and is now $29 (2.52%) lower.
Real Gross Rent: Guadalupe County TX Median, Guadalupe County TX Average, Texas Median, US Median
Real Gross Rent History for Guadalupe County
| Date | US Median |
Texas Median |
Guadalupe County TX Median |
Guadalupe County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $1,208 | $1,123 |
| 2018 | $1,077 | $1,065 | $1,112 | $1,130 |
| 2017 | $1,043 | $1,018 | $1,135 | $1,152 |
| 2016 | $1,027 | $1,001 | $1,111 | $1,088 |
| 2015 | $1,017 | $989 | $1,057 | $1,133 |
| 2014 | $986 | $946 | $967 | $1,007 |
| 2013 | $953 | $902 | $942 | $948 |
| 2012 | $940 | $884 | $945 | $926 |
| 2011 | $941 | $878 | $740 | $753 |
| 2010 | $955 | $895 | $914 | $986 |
| 2009 | $960 | $898 | $943 | $816 |
| 2007 | $927 | $862 | $792 | $718 |
| 2005 | $910 | $839 | $798 | $806 |
Guadalupe County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Guadalupe County Texas was 5.86% according to Census ACS data.
Rental Vacancy Rate in Guadalupe County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Guadalupe County TX | — | — | — |
Trends in Guadalupe County TX Rental Vacancy Rate
The rental vacancy rate in Guadalupe County peaked in 2010 at 12.75%. Since then it has fallen by 6.89% to 5.86%. Data records for this series originated in 2005.
Rental Vacancy Rate: Guadalupe County TX, Texas, US
Historical Rental Vacancy Rate data for Guadalupe County
| Date | US | Texas | Guadalupe County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | 5.86% |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | 5.81% |
| 2014 | 6.32% | 7.30% | 10.18% |
| 2013 | 6.49% | 7.86% | — |
| 2012 | 6.77% | 8.53% | 7.73% |
| 2011 | 7.40% | 9.23% | — |
| 2010 | 8.17% | 10.60% | 12.75% |
| 2009 | 8.43% | 10.69% | 4.94% |
| 2007 | 7.87% | 10.61% | 4.34% |
| 2005 | 7.74% | 10.60% | — |
Rent as a Fraction of Income
Using median household income data for Guadalupe County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Guadalupe County, median monthly gross rent as a fraction of median household income was 18.17% in 2019 according to the ACS.
Guadalupe 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% |
| Guadalupe County TX | 18.17% | +0.57% | -0.51% |
Trends in Guadalupe County TX Rent as a Fraction of Income
The fraction of median Guadalupe County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 19.87%. Since then it has fallen by 1.70% to 18.17%.
Fraction of Income towards Rent: Guadalupe County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Guadalupe County Texas
| Date | US | Texas | Guadalupe County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 18.17% |
| 2018 | 20.50% | 20.70% | 17.60% |
| 2017 | 20.13% | 20.00% | 19.87% |
| 2016 | 20.43% | 20.28% | 18.68% |
| 2015 | 20.63% | 20.10% | 18.58% |
| 2014 | 20.89% | 20.27% | 17.86% |
| 2013 | 20.78% | 19.89% | 18.43% |
| 2012 | 20.65% | 19.65% | 16.75% |
| 2011 | 20.70% | 19.75% | 14.34% |
| 2010 | 20.50% | 19.77% | 16.41% |
| 2009 | 20.12% | 19.59% | 17.06% |
| 2007 | 18.66% | 18.52% | 15.50% |
| 2005 | 18.89% | 19.11% | 15.56% |
Renter Fraction in Guadalupe County Texas
You can calculate the renter fraction in Guadalupe 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 Guadalupe County as a fraction of total Guadalupe County households. In 2019 23.50% of households were renters according to Census ACS data.
Guadalupe 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% |
| Guadalupe County TX | 23.50% | +2.50% | -0.55% |
Trends in the Guadalupe County TX Renter Fraction
The Guadalupe County household renter fraction peaked in in 2014 at 26.12% and is now 2.62% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Guadalupe County TX, Texas, US
History of Guadalupe County Renter Fraction
| Date | US | Texas | Guadalupe County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 23.50% |
| 2018 | 36.05% | 38.28% | 21.00% |
| 2017 | 36.13% | 38.03% | 22.22% |
| 2016 | 36.88% | 38.91% | 24.05% |
| 2015 | 36.97% | 38.94% | 25.57% |
| 2014 | 36.90% | 38.84% | 26.12% |
| 2013 | 36.50% | 38.16% | 25.60% |
| 2012 | 36.09% | 37.72% | 22.71% |
| 2011 | 35.42% | 37.08% | 20.24% |
| 2010 | 34.65% | 36.42% | 20.78% |
| 2009 | 34.13% | 36.32% | 24.94% |
| 2007 | 32.80% | 34.82% | 23.25% |
| 2005 | 33.10% | 35.29% | 24.94% |
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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