Webb County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Webb County TX was $855 in 2019 according to the Census ACS survey.1 Average gross rent in Webb County was $819 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 Webb County median and average rent data will be released in September of 2021.
Data is also available below for Webb County rental vacancy rates, Webb County rent as a percent of median income and the fraction of renters in Webb County.
Real Gross Rent in Webb 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% |
Webb County TX Median Gross Rent | $855 | -1.95% | +4.01% |
Webb County TX Real Gross Rent Trends
Median gross rent for Webb County peaked in real terms in 2018 at $872 and is now $17 (1.95%) lower. Average gross rent for Webb County peaked in real terms in 2018 at $826 and is now $7 (0.85%) lower.
Real Gross Rent: Webb County TX Median, Webb County TX Average, Texas Median, US Median
Real Gross Rent History for Webb County
Date | US Median |
Texas Median |
Webb County TX Median |
Webb County TX Average |
---|---|---|---|---|
2019 | $1,097 | $1,091 | $855 | $819 |
2018 | $1,077 | $1,065 | $872 | $826 |
2017 | $1,043 | $1,018 | $826 | $797 |
2016 | $1,027 | $1,001 | $822 | $820 |
2015 | $1,017 | $989 | $823 | $818 |
2014 | $986 | $946 | $791 | $778 |
2013 | $953 | $902 | $749 | $749 |
2012 | $940 | $884 | $746 | $752 |
2011 | $941 | $878 | $808 | $814 |
2010 | $955 | $895 | $757 | $720 |
2009 | $960 | $898 | $819 | $764 |
2007 | $927 | $862 | $737 | $706 |
2005 | $910 | $839 | $723 | $731 |
Webb 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 Webb County Texas was 7.53% according to Census ACS data.
Rental Vacancy Rate in Webb County Texas
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Texas | 8.15% | -0.06% | +0.50% |
Webb County TX | 7.53% | +1.02% | -0.92% |
Trends in Webb County TX Rental Vacancy Rate
The rental vacancy rate in Webb County peaked in 2017 at 9.84%. Since then it has fallen by 2.31% to 7.53%. Data records for this series originated in 2005.
Rental Vacancy Rate: Webb County TX, Texas, US
Historical Rental Vacancy Rate data for Webb County
Date | US | Texas | Webb County TX |
---|---|---|---|
2019 | 5.97% | 8.15% | 7.53% |
2018 | 6.15% | 8.21% | 6.51% |
2017 | 6.18% | 8.49% | 9.84% |
2016 | 5.89% | 7.65% | 8.45% |
2015 | 5.85% | 6.95% | 4.94% |
2014 | 6.32% | 7.30% | 6.30% |
2013 | 6.49% | 7.86% | 5.80% |
2012 | 6.77% | 8.53% | 3.94% |
2011 | 7.40% | 9.23% | — |
2010 | 8.17% | 10.60% | 3.96% |
2009 | 8.43% | 10.69% | 5.10% |
2007 | 7.87% | 10.61% | 6.97% |
2005 | 7.74% | 10.60% | — |
Rent as a Fraction of Income
Using median household income data for Webb County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Webb County, median monthly gross rent as a fraction of median household income was 18.29% in 2019 according to the ACS.
Webb 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% |
Webb County TX | 18.29% | -3.65% | -8.12% |
Trends in Webb County TX Rent as a Fraction of Income
The fraction of median Webb County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 26.42%. Since then it has fallen by 8.12% to 18.29%.
Fraction of Income towards Rent: Webb County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Webb County Texas
Date | US | Texas | Webb County TX |
---|---|---|---|
2019 | 20.03% | 20.45% | 18.29% |
2018 | 20.50% | 20.70% | 21.95% |
2017 | 20.13% | 20.00% | 22.14% |
2016 | 20.43% | 20.28% | 26.42% |
2015 | 20.63% | 20.10% | 23.41% |
2014 | 20.89% | 20.27% | 23.46% |
2013 | 20.78% | 19.89% | 21.33% |
2012 | 20.65% | 19.65% | 22.97% |
2011 | 20.70% | 19.75% | 24.84% |
2010 | 20.50% | 19.77% | 22.71% |
2009 | 20.12% | 19.59% | 22.53% |
2007 | 18.66% | 18.52% | 22.19% |
2005 | 18.89% | 19.11% | 21.84% |
Renter Fraction in Webb County Texas
You can calculate the renter fraction in Webb 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 Webb County as a fraction of total Webb County households. In 2019 40.09% of households were renters according to Census ACS data.
Webb 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% |
Webb County TX | 40.09% | +0.96% | +3.55% |
Trends in the Webb County TX Renter Fraction
The Webb County household renter fraction peaked in in 2010 at 40.19% and is now 0.10% below that level. From a recent low of 34.36% in 2013, the household based renter fraction has now grown by 5.73%. The origin year for the series is 2005.
Fraction of Renting Households: Webb County TX, Texas, US
History of Webb County Renter Fraction
Date | US | Texas | Webb County TX |
---|---|---|---|
2019 | 35.89% | 38.12% | 40.09% |
2018 | 36.05% | 38.28% | 39.13% |
2017 | 36.13% | 38.03% | 39.15% |
2016 | 36.88% | 38.91% | 36.54% |
2015 | 36.97% | 38.94% | 38.10% |
2014 | 36.90% | 38.84% | 38.78% |
2013 | 36.50% | 38.16% | 34.36% |
2012 | 36.09% | 37.72% | 36.69% |
2011 | 35.42% | 37.08% | 38.17% |
2010 | 34.65% | 36.42% | 40.19% |
2009 | 34.13% | 36.32% | 34.53% |
2007 | 32.80% | 34.82% | 34.93% |
2005 | 33.10% | 35.29% | 39.06% |
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. ↩