Davis County Utah Residential Rent and Rental Statistics
The median monthly gross residential rent in Davis County UT was $1,175 in 2019 according to the Census ACS survey.1 Average gross rent in Davis County was $1,196 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 Davis County median and average rent data will be released in September of 2021.
Data is also available below for Davis County rental vacancy rates, Davis County rent as a percent of median income and the fraction of renters in Davis County.
Real Gross Rent in Davis 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% |
| Davis County UT Median Gross Rent | $1,175 | +2.98% | +11.48% |
Davis County UT Real Gross Rent Trends
At $1,175, real median gross rent in Davis County was at its highest level in 2019 since the series began in 2005. At $1,196, real average gross rent in Davis County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Davis County UT Median, Davis County UT Average, Utah Median, US Median
Real Gross Rent History for Davis County
| Date | US Median |
Utah Median |
Davis County UT Median |
Davis County UT Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,098 | $1,175 | $1,196 |
| 2018 | $1,077 | $1,062 | $1,141 | $1,144 |
| 2017 | $1,043 | $1,017 | $1,052 | $1,109 |
| 2016 | $1,027 | $999 | $1,054 | $1,076 |
| 2015 | $1,017 | $981 | $1,069 | $1,059 |
| 2014 | $986 | $935 | $991 | $1,038 |
| 2013 | $953 | $928 | $961 | $972 |
| 2012 | $940 | $905 | $904 | $946 |
| 2011 | $941 | $888 | $893 | $914 |
| 2010 | $955 | $889 | $964 | $969 |
| 2009 | $960 | $904 | $984 | $974 |
| 2007 | $927 | $861 | $846 | $854 |
| 2005 | $910 | $831 | $866 | $875 |
Davis 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 Davis County Utah was 5.78% according to Census ACS data.
Rental Vacancy Rate in Davis County Utah
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Utah | 7.47% | +1.29% | +1.23% |
| Davis County UT | — | — | — |
Trends in Davis County UT Rental Vacancy Rate
The rental vacancy rate in Davis County peaked in 2008 at 8.93%. Since then it has fallen by 3.15% to 5.78%. Data records for this series originated in 2005. From a 2016 post peak low of 1.99%, the rental vacancy rate has increased by 3.79%.
Rental Vacancy Rate: Davis County UT, Utah, US
Historical Rental Vacancy Rate data for Davis County
| Date | US | Utah | Davis County UT |
|---|---|---|---|
| 2019 | 5.97% | 7.47% | — |
| 2018 | 6.15% | 6.18% | 5.78% |
| 2017 | 6.18% | 6.15% | 3.52% |
| 2016 | 5.89% | 6.24% | 1.99% |
| 2015 | 5.85% | 4.81% | 2.74% |
| 2014 | 6.32% | 5.27% | 4.66% |
| 2013 | 6.49% | 5.96% | 4.68% |
| 2012 | 6.77% | 5.89% | 2.29% |
| 2011 | 7.40% | 5.36% | — |
| 2010 | 8.17% | 6.59% | — |
| 2009 | 8.43% | 6.49% | 4.29% |
| 2007 | 7.87% | 5.59% | 6.42% |
| 2005 | 7.74% | 6.95% | — |
Rent as a Fraction of Income
Using median household income data for Davis County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Davis County, median monthly gross rent as a fraction of median household income was 16.13% in 2019 according to the ACS.
Davis 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% |
| Davis County UT | 16.13% | +0.18% | +0.41% |
Trends in Davis County UT Rent as a Fraction of Income
The fraction of median Davis County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 16.80%. Since then it has fallen by 0.67% to 16.13%.
Fraction of Income towards Rent: Davis County UT, Utah, US
Historical Data for Annual Rent as a Fraction of Income in Davis County Utah
| Date | US | Utah | Davis County UT |
|---|---|---|---|
| 2019 | 20.03% | 17.39% | 16.13% |
| 2018 | 20.50% | 17.53% | 15.95% |
| 2017 | 20.13% | 17.31% | 15.24% |
| 2016 | 20.43% | 17.35% | 15.71% |
| 2015 | 20.63% | 17.64% | 16.80% |
| 2014 | 20.89% | 17.45% | 16.00% |
| 2013 | 20.78% | 17.69% | 15.58% |
| 2012 | 20.65% | 17.90% | 14.80% |
| 2011 | 20.70% | 17.66% | 14.38% |
| 2010 | 20.50% | 17.45% | 16.09% |
| 2009 | 20.12% | 17.27% | 15.67% |
| 2007 | 18.66% | 15.96% | 13.15% |
| 2005 | 18.89% | 16.65% | 14.64% |
Renter Fraction in Davis County Utah
You can calculate the renter fraction in Davis 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 Davis County as a fraction of total Davis County households. In 2019 24.33% of households were renters according to Census ACS data.
Davis 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% |
| Davis County UT | 24.33% | +2.27% | +0.64% |
Trends in the Davis County UT Renter Fraction
At 24.33%, the 2019 household based renter fraction in Davis County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Davis County UT, Utah, US
History of Davis County Renter Fraction
| Date | US | Utah | Davis County UT |
|---|---|---|---|
| 2019 | 35.89% | 29.36% | 24.33% |
| 2018 | 36.05% | 29.52% | 22.06% |
| 2017 | 36.13% | 30.13% | 22.15% |
| 2016 | 36.88% | 30.10% | 23.69% |
| 2015 | 36.97% | 31.12% | 23.31% |
| 2014 | 36.90% | 30.84% | 23.00% |
| 2013 | 36.50% | 30.78% | 22.49% |
| 2012 | 36.09% | 30.38% | 22.69% |
| 2011 | 35.42% | 30.62% | 21.75% |
| 2010 | 34.65% | 30.10% | 23.26% |
| 2009 | 34.13% | 28.50% | 21.58% |
| 2007 | 32.80% | 28.27% | 19.88% |
| 2005 | 33.10% | 29.44% | 22.52% |
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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