Hunt County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Hunt County TX was $995 in 2019 according to the Census ACS survey.1 Average gross rent in Hunt County was $945 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 Hunt County median and average rent data will be released in September of 2021.
Data is also available below for Hunt County rental vacancy rates, Hunt County rent as a percent of median income and the fraction of renters in Hunt County.
Real Gross Rent in Hunt 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% |
| Hunt County TX Median Gross Rent | $995 | +4.96% | +16.10% |
Hunt County TX Real Gross Rent Trends
At $995, real median gross rent in Hunt County was at its highest level in 2019 since the series began in 2005. At $945, real average gross rent in Hunt County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Hunt County TX Median, Hunt County TX Average, Texas Median, US Median
Real Gross Rent History for Hunt County
| Date | US Median |
Texas Median |
Hunt County TX Median |
Hunt County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $995 | $945 |
| 2018 | $1,077 | $1,065 | $948 | $910 |
| 2017 | $1,043 | $1,018 | $944 | $830 |
| 2016 | $1,027 | $1,001 | $857 | $869 |
| 2015 | $1,017 | $989 | $795 | $737 |
| 2014 | $986 | $946 | $765 | $687 |
| 2013 | $953 | $902 | $858 | $830 |
| 2012 | $940 | $884 | $721 | $681 |
| 2011 | $941 | $878 | $813 | $797 |
| 2010 | $955 | $895 | $768 | $710 |
| 2009 | $960 | $898 | $780 | $789 |
| 2007 | $927 | $862 | $806 | $723 |
| 2005 | $910 | $839 | $749 | $730 |
Hunt 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 Hunt County Texas was 5.64% according to Census ACS data.
Rental Vacancy Rate in Hunt County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Hunt County TX | — | — | — |
Trends in Hunt County TX Rental Vacancy Rate
The rental vacancy rate in Hunt County peaked in 2007 at 19.12%. Since then it has fallen by 13.48% to 5.64%. Data records for this series originated in 2005.
Rental Vacancy Rate: Hunt County TX, Texas, US
Historical Rental Vacancy Rate data for Hunt County
| Date | US | Texas | Hunt County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | 5.64% |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | — |
| 2014 | 6.32% | 7.30% | 12.02% |
| 2013 | 6.49% | 7.86% | 7.13% |
| 2012 | 6.77% | 8.53% | 16.02% |
| 2011 | 7.40% | 9.23% | 18.30% |
| 2010 | 8.17% | 10.60% | 9.04% |
| 2009 | 8.43% | 10.69% | 16.94% |
| 2007 | 7.87% | 10.61% | 19.12% |
| 2005 | 7.74% | 10.60% | 12.98% |
Rent as a Fraction of Income
Using median household income data for Hunt County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Hunt County, median monthly gross rent as a fraction of median household income was 20.56% in 2019 according to the ACS.
Hunt 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% |
| Hunt County TX | 20.56% | +0.34% | +2.37% |
Trends in Hunt County TX Rent as a Fraction of Income
The fraction of median Hunt County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 22.08%. Since then it has fallen by 1.51% to 20.56%.
Fraction of Income towards Rent: Hunt County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Hunt County Texas
| Date | US | Texas | Hunt County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 20.56% |
| 2018 | 20.50% | 20.70% | 20.22% |
| 2017 | 20.13% | 20.00% | 19.70% |
| 2016 | 20.43% | 20.28% | 18.19% |
| 2015 | 20.63% | 20.10% | 19.52% |
| 2014 | 20.89% | 20.27% | 20.70% |
| 2013 | 20.78% | 19.89% | 22.08% |
| 2012 | 20.65% | 19.65% | 19.20% |
| 2011 | 20.70% | 19.75% | 17.97% |
| 2010 | 20.50% | 19.77% | 20.50% |
| 2009 | 20.12% | 19.59% | 19.89% |
| 2007 | 18.66% | 18.52% | 19.07% |
| 2005 | 18.89% | 19.11% | 17.06% |
Renter Fraction in Hunt County Texas
You can calculate the renter fraction in Hunt 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 Hunt County as a fraction of total Hunt County households. In 2019 32.90% of households were renters according to Census ACS data.
Hunt 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% |
| Hunt County TX | 32.90% | -0.13% | +3.36% |
Trends in the Hunt County TX Renter Fraction
The Hunt County household renter fraction peaked in in 2013 at 33.58% and is now 0.68% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Hunt County TX, Texas, US
History of Hunt County Renter Fraction
| Date | US | Texas | Hunt County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 32.90% |
| 2018 | 36.05% | 38.28% | 33.03% |
| 2017 | 36.13% | 38.03% | 30.85% |
| 2016 | 36.88% | 38.91% | 29.54% |
| 2015 | 36.97% | 38.94% | 30.30% |
| 2014 | 36.90% | 38.84% | 31.16% |
| 2013 | 36.50% | 38.16% | 33.58% |
| 2012 | 36.09% | 37.72% | 31.92% |
| 2011 | 35.42% | 37.08% | 26.52% |
| 2010 | 34.65% | 36.42% | 32.65% |
| 2009 | 34.13% | 36.32% | 30.09% |
| 2007 | 32.80% | 34.82% | 30.69% |
| 2005 | 33.10% | 35.29% | 24.37% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Texas
- / Hunt County
