Stafford County Virginia Residential Rent and Rental Statistics
The median monthly gross residential rent in Stafford County VA was $1,383 in 2019 according to the Census ACS survey.1 Average gross rent in Stafford County was $1,416 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 Stafford County median and average rent data will be released in September of 2021.
Data is also available below for Stafford County rental vacancy rates, Stafford County rent as a percent of median income and the fraction of renters in Stafford County.
Real Gross Rent in Stafford 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% |
| Stafford County VA Median Gross Rent | $1,383 | -12.41% | -12.47% |
Stafford County VA Real Gross Rent Trends
Median gross rent for Stafford County peaked in real terms in 2016 at $1,580 and is now $197 (12.47%) lower. Average gross rent for Stafford County peaked in real terms in 2016 at $1,610 and is now $194 (12.05%) lower.
Real Gross Rent: Stafford County VA Median, Stafford County VA Average, Virginia Median, US Median
Real Gross Rent History for Stafford County
| Date | US Median |
Virginia Median |
Stafford County VA Median |
Stafford County VA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,254 | $1,383 | $1,416 |
| 2018 | $1,077 | $1,237 | $1,579 | $1,526 |
| 2017 | $1,043 | $1,216 | $1,496 | $1,466 |
| 2016 | $1,027 | $1,214 | $1,580 | $1,610 |
| 2015 | $1,017 | $1,214 | $1,543 | $1,575 |
| 2014 | $986 | $1,178 | $1,504 | $1,583 |
| 2013 | $953 | $1,144 | $1,481 | $1,505 |
| 2012 | $940 | $1,136 | $1,497 | $1,568 |
| 2011 | $941 | $1,147 | $1,474 | $1,459 |
| 2010 | $955 | $1,139 | $1,476 | $1,473 |
| 2009 | $960 | $1,127 | $1,552 | $1,516 |
| 2007 | $927 | $1,048 | $1,413 | $1,459 |
| 2005 | $910 | $1,015 | $1,315 | $1,414 |
Stafford 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 Stafford County Virginia was 7.47% according to Census ACS data.
Rental Vacancy Rate in Stafford County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Virginia | 5.53% | +0.36% | -0.06% |
| Stafford County VA | 7.47% | — | — |
Trends in Stafford County VA Rental Vacancy Rate
The rental vacancy rate in Stafford County peaked in 2005 at 11.20%. Since then it has fallen by 3.73% to 7.47%. Data records for this series originated in 2005. From a 2015 post peak low of 5.43%, the rental vacancy rate has increased by 2.04%.
Rental Vacancy Rate: Stafford County VA, Virginia, US
Historical Rental Vacancy Rate data for Stafford County
| Date | US | Virginia | Stafford County VA |
|---|---|---|---|
| 2019 | 5.97% | 5.53% | 7.47% |
| 2018 | 6.15% | 5.17% | — |
| 2017 | 6.18% | 6.45% | — |
| 2016 | 5.89% | 5.59% | — |
| 2015 | 5.85% | 5.13% | 5.43% |
| 2014 | 6.32% | 5.79% | — |
| 2013 | 6.49% | 6.38% | — |
| 2012 | 6.77% | 6.18% | — |
| 2011 | 7.40% | 7.54% | — |
| 2010 | 8.17% | 7.02% | — |
| 2009 | 8.43% | 7.29% | — |
| 2007 | 7.87% | 7.11% | — |
| 2005 | 7.74% | 7.20% | 11.20% |
Rent as a Fraction of Income
Using median household income data for Stafford County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Stafford County, median monthly gross rent as a fraction of median household income was 15.03% in 2019 according to the ACS.
Stafford 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% |
| Stafford County VA | 15.03% | -1.85% | -3.55% |
Trends in Stafford County VA Rent as a Fraction of Income
The fraction of median Stafford County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 18.58%. Since then it has fallen by 3.55% to 15.03%.
Fraction of Income towards Rent: Stafford County VA, Virginia, US
Historical Data for Annual Rent as a Fraction of Income in Stafford County Virginia
| Date | US | Virginia | Stafford County VA |
|---|---|---|---|
| 2019 | 20.03% | 19.68% | 15.03% |
| 2018 | 20.50% | 20.09% | 16.87% |
| 2017 | 20.13% | 19.78% | 15.44% |
| 2016 | 20.43% | 20.42% | 18.58% |
| 2015 | 20.63% | 20.72% | 18.21% |
| 2014 | 20.89% | 20.63% | 18.30% |
| 2013 | 20.78% | 20.80% | 18.05% |
| 2012 | 20.65% | 20.76% | 17.30% |
| 2011 | 20.70% | 20.59% | 17.93% |
| 2010 | 20.50% | 20.15% | 16.81% |
| 2009 | 20.12% | 20.00% | 18.48% |
| 2007 | 18.66% | 17.97% | 16.47% |
| 2005 | 18.89% | 17.96% | 16.05% |
Renter Fraction in Stafford County Virginia
You can calculate the renter fraction in Stafford 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 Stafford County as a fraction of total Stafford County households. In 2019 19.50% of households were renters according to Census ACS data.
Stafford 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% |
| Stafford County VA | 19.50% | -4.70% | -8.79% |
Trends in the Stafford County VA Renter Fraction
The Stafford County household renter fraction peaked in in 2016 at 28.29% and is now 8.79% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Stafford County VA, Virginia, US
History of Stafford County Renter Fraction
| Date | US | Virginia | Stafford County VA |
|---|---|---|---|
| 2019 | 35.89% | 33.87% | 19.50% |
| 2018 | 36.05% | 34.08% | 24.20% |
| 2017 | 36.13% | 33.43% | 20.29% |
| 2016 | 36.88% | 34.71% | 28.29% |
| 2015 | 36.97% | 34.99% | 23.11% |
| 2014 | 36.90% | 34.67% | 25.14% |
| 2013 | 36.50% | 34.38% | 25.96% |
| 2012 | 36.09% | 33.84% | 21.68% |
| 2011 | 35.42% | 32.67% | 22.27% |
| 2010 | 34.65% | 32.33% | 23.16% |
| 2009 | 34.13% | 31.87% | 22.80% |
| 2007 | 32.80% | 30.49% | 19.74% |
| 2005 | 33.10% | 30.36% | 18.99% |
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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