Fauquier County Virginia Residential Rent and Rental Statistics
The median monthly gross residential rent in Fauquier County VA was $1,214 in 2019 according to the Census ACS survey.1 Average gross rent in Fauquier County was $1,105 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 Fauquier County median and average rent data will be released in September of 2021.
Data is also available below for Fauquier County rental vacancy rates, Fauquier County rent as a percent of median income and the fraction of renters in Fauquier County.
Real Gross Rent in Fauquier County Virginia (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Virginia Median Gross Rent | $1,254 | +1.37% | +3.29% |
| Fauquier County VA Median Gross Rent | $1,214 | -6.54% | -1.46% |
Fauquier County VA Real Gross Rent Trends
Median gross rent for Fauquier County peaked in real terms in 2017 at $1,535 and is now $321 (20.91%) lower. Average gross rent for Fauquier County peaked in real terms in 2017 at $1,322 and is now $217 (16.41%) lower.
Real Gross Rent: Fauquier County VA Median, Fauquier County VA Average, Virginia Median, US Median
Real Gross Rent History for Fauquier County
| Date | US Median |
Virginia Median |
Fauquier County VA Median |
Fauquier County VA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,254 | $1,214 | $1,105 |
| 2018 | $1,077 | $1,237 | $1,299 | $1,238 |
| 2017 | $1,043 | $1,216 | $1,535 | $1,322 |
| 2016 | $1,027 | $1,214 | $1,232 | $1,170 |
| 2015 | $1,017 | $1,214 | $1,279 | $1,104 |
| 2014 | $986 | $1,178 | $1,253 | $1,265 |
| 2013 | $953 | $1,144 | $1,159 | $1,182 |
| 2012 | $940 | $1,136 | $1,181 | $1,157 |
| 2011 | $941 | $1,147 | $1,239 | $1,103 |
| 2010 | $955 | $1,139 | $1,183 | $1,020 |
| 2009 | $960 | $1,127 | $1,254 | $1,012 |
| 2007 | $927 | $1,048 | $1,281 | $1,225 |
| 2005 | $910 | $1,015 | — | — |
Fauquier County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Fauquier County Virginia was 6.73% according to Census ACS data.
Rental Vacancy Rate in Fauquier County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Virginia | 5.53% | +0.36% | -0.06% |
| Fauquier County VA | — | — | — |
Trends in Fauquier County VA Rental Vacancy Rate
The rental vacancy rate in Fauquier County peaked in 2010 at 10.64%. Since then it has fallen by 3.91% to 6.73%. Data records for this series originated in 2006.
Rental Vacancy Rate: Fauquier County VA, Virginia, US
Historical Rental Vacancy Rate data for Fauquier County
| Date | US | Virginia | Fauquier County VA |
|---|---|---|---|
| 2019 | 5.97% | 5.53% | — |
| 2018 | 6.15% | 5.17% | — |
| 2017 | 6.18% | 6.45% | — |
| 2016 | 5.89% | 5.59% | — |
| 2015 | 5.85% | 5.13% | — |
| 2014 | 6.32% | 5.79% | 6.73% |
| 2013 | 6.49% | 6.38% | — |
| 2012 | 6.77% | 6.18% | — |
| 2011 | 7.40% | 7.54% | 6.95% |
| 2010 | 8.17% | 7.02% | 10.64% |
| 2009 | 8.43% | 7.29% | — |
| 2007 | 7.87% | 7.11% | — |
| 2005 | 7.74% | 7.20% | — |
Rent as a Fraction of Income
Using median household income data for Fauquier County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fauquier County, median monthly gross rent as a fraction of median household income was 13.90% in 2019 according to the ACS.
Fauquier County Virginia Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Virginia | 19.68% | -0.41% | -0.74% |
| Fauquier County VA | 13.90% | -2.72% | -1.07% |
Trends in Fauquier County VA Rent as a Fraction of Income
The fraction of median Fauquier County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2006 series origin) at 18.12%. Since then it has fallen by 4.22% to 13.90%.
Fraction of Income towards Rent: Fauquier County VA, Virginia, US
Historical Data for Annual Rent as a Fraction of Income in Fauquier County Virginia
| Date | US | Virginia | Fauquier County VA |
|---|---|---|---|
| 2019 | 20.03% | 19.68% | 13.90% |
| 2018 | 20.50% | 20.09% | 16.62% |
| 2017 | 20.13% | 19.78% | 18.12% |
| 2016 | 20.43% | 20.42% | 14.97% |
| 2015 | 20.63% | 20.72% | 15.74% |
| 2014 | 20.89% | 20.63% | 15.48% |
| 2013 | 20.78% | 20.80% | 15.95% |
| 2012 | 20.65% | 20.76% | 15.92% |
| 2011 | 20.70% | 20.59% | 14.68% |
| 2010 | 20.50% | 20.15% | 14.84% |
| 2009 | 20.12% | 20.00% | 14.95% |
| 2007 | 18.66% | 17.97% | 15.41% |
| 2005 | 18.89% | 17.96% | — |
Renter Fraction in Fauquier County Virginia
You can calculate the renter fraction in Fauquier 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 Fauquier County as a fraction of total Fauquier County households. In 2019 22.39% of households were renters according to Census ACS data.
Fauquier County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Virginia | 33.87% | -0.21% | -0.84% |
| Fauquier County VA | 22.39% | +0.70% | -2.17% |
Trends in the Fauquier County VA Renter Fraction
The Fauquier County household renter fraction peaked in in 2008 at 26.25% and is now 3.86% below that level. From a recent low of 17.41% in 2009, the household based renter fraction has now grown by 4.98%. The origin year for the series is 2006.
Fraction of Renting Households: Fauquier County VA, Virginia, US
History of Fauquier County Renter Fraction
| Date | US | Virginia | Fauquier County VA |
|---|---|---|---|
| 2019 | 35.89% | 33.87% | 22.39% |
| 2018 | 36.05% | 34.08% | 21.69% |
| 2017 | 36.13% | 33.43% | 18.90% |
| 2016 | 36.88% | 34.71% | 24.56% |
| 2015 | 36.97% | 34.99% | 23.57% |
| 2014 | 36.90% | 34.67% | 22.49% |
| 2013 | 36.50% | 34.38% | 21.82% |
| 2012 | 36.09% | 33.84% | 19.25% |
| 2011 | 35.42% | 32.67% | 18.91% |
| 2010 | 34.65% | 32.33% | 23.45% |
| 2009 | 34.13% | 31.87% | 17.41% |
| 2007 | 32.80% | 30.49% | 22.67% |
| 2005 | 33.10% | 30.36% | — |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Virginia
- / Fauquier County
