Cache County Utah Residential Rent and Rental Statistics
The median monthly gross residential rent in Cache County UT was $851 in 2019 according to the Census ACS survey.1 Average gross rent in Cache County was $882 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 Cache County median and average rent data will be released in September of 2021.
Data is also available below for Cache County rental vacancy rates, Cache County rent as a percent of median income and the fraction of renters in Cache County.
Real Gross Rent in Cache County Utah (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Utah Median Gross Rent | $1,098 | +3.39% | +9.91% |
| Cache County UT Median Gross Rent | $851 | +4.55% | +10.38% |
Cache County UT Real Gross Rent Trends
At $851, real median gross rent in Cache County was at its highest level in 2019 since the series began in 2005. Average gross rent for Cache County peaked in real terms in 2017 at $930 and is now $48 (5.16%) lower.
Real Gross Rent: Cache County UT Median, Cache County UT Average, Utah Median, US Median
Real Gross Rent History for Cache County
| Date | US Median |
Utah Median |
Cache County UT Median |
Cache County UT Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,098 | $851 | $882 |
| 2018 | $1,077 | $1,062 | $814 | $860 |
| 2017 | $1,043 | $1,017 | $827 | $930 |
| 2016 | $1,027 | $999 | $771 | $887 |
| 2015 | $1,017 | $981 | $749 | $791 |
| 2014 | $986 | $935 | $715 | $785 |
| 2013 | $953 | $928 | $729 | $729 |
| 2012 | $940 | $905 | $713 | $726 |
| 2011 | $941 | $888 | $682 | $717 |
| 2010 | $955 | $889 | $664 | $700 |
| 2009 | $960 | $904 | $749 | $776 |
| 2007 | $927 | $861 | $734 | $733 |
| 2005 | $910 | $831 | $715 | $734 |
Cache 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 Cache County Utah was 6.65% according to Census ACS data.
Rental Vacancy Rate in Cache County Utah
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Utah | 7.47% | +1.29% | +1.23% |
| Cache County UT | 6.65% | +0.61% | — |
Trends in Cache County UT Rental Vacancy Rate
The rental vacancy rate in Cache County peaked in 2006 at 9.85%. Since then it has fallen by 3.20% to 6.65%. Data records for this series originated in 2005. From a 2017 post peak low of 0.99%, the rental vacancy rate has increased by 5.66%.
Rental Vacancy Rate: Cache County UT, Utah, US
Historical Rental Vacancy Rate data for Cache County
| Date | US | Utah | Cache County UT |
|---|---|---|---|
| 2019 | 5.97% | 7.47% | 6.65% |
| 2018 | 6.15% | 6.18% | 6.04% |
| 2017 | 6.18% | 6.15% | 0.99% |
| 2016 | 5.89% | 6.24% | — |
| 2015 | 5.85% | 4.81% | 6.47% |
| 2014 | 6.32% | 5.27% | 4.99% |
| 2013 | 6.49% | 5.96% | 4.06% |
| 2012 | 6.77% | 5.89% | 3.36% |
| 2011 | 7.40% | 5.36% | — |
| 2010 | 8.17% | 6.59% | — |
| 2009 | 8.43% | 6.49% | — |
| 2007 | 7.87% | 5.59% | — |
| 2005 | 7.74% | 6.95% | — |
Rent as a Fraction of Income
Using median household income data for Cache County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cache County, median monthly gross rent as a fraction of median household income was 16.34% in 2019 according to the ACS.
Cache County Utah Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Utah | 17.39% | -0.14% | +0.04% |
| Cache County UT | 16.34% | +0.13% | +1.11% |
Trends in Cache County UT Rent as a Fraction of Income
The fraction of median Cache County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 18.22%. Since then it has fallen by 1.88% to 16.34%.
Fraction of Income towards Rent: Cache County UT, Utah, US
Historical Data for Annual Rent as a Fraction of Income in Cache County Utah
| Date | US | Utah | Cache County UT |
|---|---|---|---|
| 2019 | 20.03% | 17.39% | 16.34% |
| 2018 | 20.50% | 17.53% | 16.20% |
| 2017 | 20.13% | 17.31% | 18.22% |
| 2016 | 20.43% | 17.35% | 15.23% |
| 2015 | 20.63% | 17.64% | 16.77% |
| 2014 | 20.89% | 17.45% | 15.76% |
| 2013 | 20.78% | 17.69% | 17.09% |
| 2012 | 20.65% | 17.90% | 17.47% |
| 2011 | 20.70% | 17.66% | 16.40% |
| 2010 | 20.50% | 17.45% | 15.18% |
| 2009 | 20.12% | 17.27% | 17.27% |
| 2007 | 18.66% | 15.96% | 16.41% |
| 2005 | 18.89% | 16.65% | 16.70% |
Renter Fraction in Cache County Utah
You can calculate the renter fraction in Cache 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 Cache County as a fraction of total Cache County households. In 2019 36.70% of households were renters according to Census ACS data.
Cache County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Utah | 29.36% | -0.16% | -0.74% |
| Cache County UT | 36.70% | -0.88% | -2.07% |
Trends in the Cache County UT Renter Fraction
The Cache County household renter fraction peaked in in 2016 at 38.77% and is now 2.07% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cache County UT, Utah, US
History of Cache County Renter Fraction
| Date | US | Utah | Cache County UT |
|---|---|---|---|
| 2019 | 35.89% | 29.36% | 36.70% |
| 2018 | 36.05% | 29.52% | 37.58% |
| 2017 | 36.13% | 30.13% | 38.44% |
| 2016 | 36.88% | 30.10% | 38.77% |
| 2015 | 36.97% | 31.12% | 35.92% |
| 2014 | 36.90% | 30.84% | 36.02% |
| 2013 | 36.50% | 30.78% | 34.38% |
| 2012 | 36.09% | 30.38% | 33.16% |
| 2011 | 35.42% | 30.62% | 35.10% |
| 2010 | 34.65% | 30.10% | 36.81% |
| 2009 | 34.13% | 28.50% | 37.42% |
| 2007 | 32.80% | 28.27% | 31.00% |
| 2005 | 33.10% | 29.44% | 36.31% |
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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