Tyler Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Tyler, TX (the Tyler metro area) was $994 in 2019 according to the Census ACS survey.1 Average gross rent in Tyler was $968 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 Tyler median and average rent data will be released in September of 2021.
Data is also available below for Tyler rental vacancy rates, Tyler rent as a percent of median income and the fraction of renters in Tyler.
Real Gross Rent in Tyler 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% |
| Tyler, TX Median Gross Rent | $994 | +2.37% | +10.94% |
Tyler, TX Real Gross Rent Trends
At $994, real median gross rent in Tyler was at its highest level in 2019 since the series began in 2005. Average gross rent for Tyler peaked in real terms in 2018 at $974 and is now $6 (0.62%) lower.
Real Gross Rent in Tyler: Tyler TX Median, Tyler TX Average, Texas Median, US Median
Real Gross Rent History for Tyler
| Date | US Median |
Texas Median |
Tyler, TX Median |
Tyler, TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $994 | $968 |
| 2018 | $1,077 | $1,065 | $971 | $974 |
| 2017 | $1,043 | $1,018 | $910 | $911 |
| 2016 | $1,027 | $1,001 | $896 | $887 |
| 2015 | $1,017 | $989 | $904 | $915 |
| 2014 | $986 | $946 | $871 | $886 |
| 2013 | $953 | $902 | $888 | $920 |
| 2012 | $940 | $884 | $821 | $817 |
| 2011 | $941 | $878 | $872 | $910 |
| 2010 | $955 | $895 | $892 | $888 |
| 2009 | $960 | $898 | $831 | $824 |
| 2007 | $927 | $862 | $808 | $809 |
| 2005 | $910 | $839 | $815 | $825 |
Tyler 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 Tyler Texas was 7.64% according to Census ACS data.
Rental Vacancy Rate in Tyler Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Tyler, TX | 7.64% | -1.11% | -5.01% |
Trends in Tyler, TX Rental Vacancy Rate
The rental vacancy rate in Tyler peaked in 2016 at 12.65%. Since then it has fallen by 5.01% to 7.64%. Data records for this series originated in 2005.
Rental Vacancy Rate: Tyler TX, Texas, US
Historical Rental Vacancy Rate data for Tyler
| Date | US | Texas | Tyler, TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 7.64% |
| 2018 | 6.15% | 8.21% | 8.75% |
| 2017 | 6.18% | 8.49% | 9.99% |
| 2016 | 5.89% | 7.65% | 12.65% |
| 2015 | 5.85% | 6.95% | 6.21% |
| 2014 | 6.32% | 7.30% | 6.70% |
| 2013 | 6.49% | 7.86% | — |
| 2012 | 6.77% | 8.53% | 9.76% |
| 2011 | 7.40% | 9.23% | — |
| 2010 | 8.17% | 10.60% | 5.37% |
| 2009 | 8.43% | 10.69% | 7.67% |
| 2007 | 7.87% | 10.61% | 7.30% |
| 2005 | 7.74% | 10.60% | 9.85% |
Rent as a Fraction of Income
Using median household income data for Tyler, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Tyler, median monthly gross rent as a fraction of median household income was 20.02% in 2019 according to the ACS.
Tyler 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% |
| Tyler, TX | 20.02% | +0.36% | +0.48% |
Trends in Tyler, TX Rent as a Fraction of Income
The fraction of median Tyler household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 22.52%. Since then it has fallen by 2.50% to 20.02%.
Fraction of Income towards Rent: Tyler TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Tyler Texas
| Date | US | Texas | Tyler, TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 20.02% |
| 2018 | 20.50% | 20.70% | 19.66% |
| 2017 | 20.13% | 20.00% | 19.50% |
| 2016 | 20.43% | 20.28% | 19.54% |
| 2015 | 20.63% | 20.10% | 20.84% |
| 2014 | 20.89% | 20.27% | 22.52% |
| 2013 | 20.78% | 19.89% | 21.19% |
| 2012 | 20.65% | 19.65% | 20.01% |
| 2011 | 20.70% | 19.75% | 22.10% |
| 2010 | 20.50% | 19.77% | 22.16% |
| 2009 | 20.12% | 19.59% | 18.83% |
| 2007 | 18.66% | 18.52% | 18.51% |
| 2005 | 18.89% | 19.11% | 20.61% |
Renter Fraction in Tyler Texas
You can calculate the renter fraction in Tyler 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 Tyler as a fraction of total Tyler households. In 2019 33.19% of households were renters according to Census ACS data.
Tyler 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% |
| Tyler, TX | 33.19% | +0.27% | -0.16% |
Trends in the Tyler, TX Renter Fraction
The Tyler household renter fraction peaked in in 2014 at 38.08% and is now 4.89% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Tyler TX, Texas, US
History of Tyler Renter Fraction
| Date | US | Texas | Tyler, TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 33.19% |
| 2018 | 36.05% | 38.28% | 32.92% |
| 2017 | 36.13% | 38.03% | 32.92% |
| 2016 | 36.88% | 38.91% | 33.35% |
| 2015 | 36.97% | 38.94% | 33.98% |
| 2014 | 36.90% | 38.84% | 38.08% |
| 2013 | 36.50% | 38.16% | 33.58% |
| 2012 | 36.09% | 37.72% | 35.98% |
| 2011 | 35.42% | 37.08% | 31.97% |
| 2010 | 34.65% | 36.42% | 32.85% |
| 2009 | 34.13% | 36.32% | 29.91% |
| 2007 | 32.80% | 34.82% | 30.02% |
| 2005 | 33.10% | 35.29% | 34.85% |
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. ↩
