Rockwall County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Rockwall County TX was $1,333 in 2019 according to the Census ACS survey.1 Average gross rent in Rockwall County was $1,304 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 Rockwall County median and average rent data will be released in September of 2021.
Data is also available below for Rockwall County rental vacancy rates, Rockwall County rent as a percent of median income and the fraction of renters in Rockwall County.
Real Gross Rent in Rockwall 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% |
| Rockwall County TX Median Gross Rent | $1,333 | -20.61% | +1.29% |
Rockwall County TX Real Gross Rent Trends
Median gross rent for Rockwall County peaked in real terms in 2018 at $1,679 and is now $346 (20.61%) lower. Average gross rent for Rockwall County peaked in real terms in 2018 at $1,446 and is now $142 (9.82%) lower.
Real Gross Rent: Rockwall County TX Median, Rockwall County TX Average, Texas Median, US Median
Real Gross Rent History for Rockwall County
| Date | US Median |
Texas Median |
Rockwall County TX Median |
Rockwall County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $1,333 | $1,304 |
| 2018 | $1,077 | $1,065 | $1,679 | $1,446 |
| 2017 | $1,043 | $1,018 | $1,371 | $1,353 |
| 2016 | $1,027 | $1,001 | $1,316 | $1,375 |
| 2015 | $1,017 | $989 | $1,353 | $1,364 |
| 2014 | $986 | $946 | $1,367 | $1,431 |
| 2013 | $953 | $902 | $1,220 | $1,172 |
| 2012 | $940 | $884 | $1,328 | $1,345 |
| 2011 | $941 | $878 | $1,266 | $1,343 |
| 2010 | $955 | $895 | $1,246 | $1,225 |
| 2009 | $960 | $898 | $1,384 | $1,388 |
| 2007 | $927 | $862 | $1,311 | $1,277 |
| 2005 | $910 | $839 | — | — |
Historical Rental Vacancy Rate data for Rockwall County
| Date | US | Texas | Rockwall County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | — |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | — |
| 2014 | 6.32% | 7.30% | — |
| 2013 | 6.49% | 7.86% | — |
| 2012 | 6.77% | 8.53% | — |
| 2011 | 7.40% | 9.23% | — |
| 2010 | 8.17% | 10.60% | — |
| 2009 | 8.43% | 10.69% | — |
| 2007 | 7.87% | 10.61% | — |
| 2005 | 7.74% | 10.60% | — |
Rent as a Fraction of Income
Using median household income data for Rockwall County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Rockwall County, median monthly gross rent as a fraction of median household income was 15.47% in 2019 according to the ACS.
Rockwall 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% |
| Rockwall County TX | 15.47% | -4.20% | -0.28% |
Trends in Rockwall County TX Rent as a Fraction of Income
The fraction of median Rockwall County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2007 series origin) at 19.67%. Since then it has fallen by 4.20% to 15.47%.
Fraction of Income towards Rent: Rockwall County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Rockwall County Texas
| Date | US | Texas | Rockwall County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 15.47% |
| 2018 | 20.50% | 20.70% | 19.67% |
| 2017 | 20.13% | 20.00% | 16.83% |
| 2016 | 20.43% | 20.28% | 15.76% |
| 2015 | 20.63% | 20.10% | 16.82% |
| 2014 | 20.89% | 20.27% | 19.33% |
| 2013 | 20.78% | 19.89% | 14.95% |
| 2012 | 20.65% | 19.65% | 18.17% |
| 2011 | 20.70% | 19.75% | 17.14% |
| 2010 | 20.50% | 19.77% | 16.68% |
| 2009 | 20.12% | 19.59% | 19.34% |
| 2007 | 18.66% | 18.52% | 17.20% |
| 2005 | 18.89% | 19.11% | — |
Renter Fraction in Rockwall County Texas
You can calculate the renter fraction in Rockwall 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 Rockwall County as a fraction of total Rockwall County households. In 2019 15.90% of households were renters according to Census ACS data.
Rockwall 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% |
| Rockwall County TX | 15.90% | -0.54% | -3.04% |
Trends in the Rockwall County TX Renter Fraction
The Rockwall County household renter fraction peaked in in 2014 at 22.57% and is now 6.67% below that level. The origin year for the series is 2007.
Fraction of Renting Households: Rockwall County TX, Texas, US
History of Rockwall County Renter Fraction
| Date | US | Texas | Rockwall County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 15.90% |
| 2018 | 36.05% | 38.28% | 16.44% |
| 2017 | 36.13% | 38.03% | 16.94% |
| 2016 | 36.88% | 38.91% | 18.94% |
| 2015 | 36.97% | 38.94% | 22.08% |
| 2014 | 36.90% | 38.84% | 22.57% |
| 2013 | 36.50% | 38.16% | 15.77% |
| 2012 | 36.09% | 37.72% | 18.57% |
| 2011 | 35.42% | 37.08% | 22.43% |
| 2010 | 34.65% | 36.42% | 18.88% |
| 2009 | 34.13% | 36.32% | 15.53% |
| 2007 | 32.80% | 34.82% | 16.51% |
| 2005 | 33.10% | 35.29% | — |
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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