Bremerton Washington Residential Rent and Rental Statistics
The median monthly gross residential rent in Bremerton, WA (the Bremerton-Silverdale metro area) was $1,433 in 2019 according to the Census ACS survey.1 Average gross rent in Bremerton was $1,389 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 Bremerton median and average rent data will be released in September of 2021.
Data is also available below for Bremerton rental vacancy rates, Bremerton rent as a percent of median income and the fraction of renters in Bremerton.
Real Gross Rent in Bremerton Washington (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Washington Median Gross Rent | $1,359 | +1.42% | +14.39% |
| Bremerton, WA Median Gross Rent | $1,433 | +7.83% | +17.75% |
Bremerton, WA Real Gross Rent Trends
At $1,433, real median gross rent in Bremerton was at its highest level in 2019 since the series began in 2005. At $1,389, real average gross rent in Bremerton was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Bremerton: Bremerton WA Median, Bremerton WA Average, Washington Median, US Median
Real Gross Rent History for Bremerton
| Date | US Median |
Washington Median |
Bremerton, WA Median |
Bremerton, WA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,359 | $1,433 | $1,389 |
| 2018 | $1,077 | $1,340 | $1,329 | $1,306 |
| 2017 | $1,043 | $1,254 | $1,216 | $1,194 |
| 2016 | $1,027 | $1,188 | $1,217 | $1,207 |
| 2015 | $1,017 | $1,146 | $1,121 | $1,097 |
| 2014 | $986 | $1,090 | $1,085 | $1,085 |
| 2013 | $953 | $1,041 | $1,074 | $1,068 |
| 2012 | $940 | $1,015 | $1,074 | $1,073 |
| 2011 | $941 | $1,004 | $1,062 | $1,054 |
| 2010 | $955 | $1,015 | $1,046 | $1,054 |
| 2009 | $960 | $1,038 | $1,143 | $1,153 |
| 2007 | $927 | $959 | $1,002 | $997 |
| 2005 | $910 | $926 | $965 | $905 |
Bremerton 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 Bremerton Washington was 2.89% according to Census ACS data.
Rental Vacancy Rate in Bremerton Washington
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Washington | 4.31% | +0.37% | +1.08% |
| Bremerton, WA | 2.89% | -1.99% | -2.61% |
Trends in Bremerton, WA Rental Vacancy Rate
The rental vacancy rate in Bremerton peaked in 2014 at 10.00%. Since then it has fallen by 7.11% to 2.89%. Data records for this series originated in 2005.
Rental Vacancy Rate: Bremerton WA, Washington, US
Historical Rental Vacancy Rate data for Bremerton
| Date | US | Washington | Bremerton, WA |
|---|---|---|---|
| 2019 | 5.97% | 4.31% | 2.89% |
| 2018 | 6.15% | 3.94% | 4.88% |
| 2017 | 6.18% | 3.68% | 3.53% |
| 2016 | 5.89% | 3.23% | 5.50% |
| 2015 | 5.85% | 3.27% | 5.00% |
| 2014 | 6.32% | 4.23% | 10.00% |
| 2013 | 6.49% | 4.65% | 6.68% |
| 2012 | 6.77% | 5.30% | 8.88% |
| 2011 | 7.40% | 5.59% | 6.51% |
| 2010 | 8.17% | 5.80% | 4.44% |
| 2009 | 8.43% | 5.98% | 9.64% |
| 2007 | 7.87% | 4.83% | 5.10% |
| 2005 | 7.74% | 5.74% | 6.07% |
Rent as a Fraction of Income
Using median household income data for Bremerton, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bremerton, median monthly gross rent as a fraction of median household income was 21.60% in 2019 according to the ACS.
Bremerton Washington Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Washington | 20.73% | -0.59% | +0.43% |
| Bremerton, WA | 21.60% | +1.24% | +1.44% |
Trends in Bremerton, WA Rent as a Fraction of Income
Bremerton renters paid 21.60% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Bremerton WA, Washington, US
Historical Data for Annual Rent as a Fraction of Income in Bremerton Washington
| Date | US | Washington | Bremerton, WA |
|---|---|---|---|
| 2019 | 20.03% | 20.73% | 21.60% |
| 2018 | 20.50% | 21.32% | 20.35% |
| 2017 | 20.13% | 20.56% | 19.37% |
| 2016 | 20.43% | 20.30% | 20.16% |
| 2015 | 20.63% | 20.21% | 19.19% |
| 2014 | 20.89% | 20.18% | 19.96% |
| 2013 | 20.78% | 20.32% | 19.53% |
| 2012 | 20.65% | 19.88% | 20.52% |
| 2011 | 20.70% | 19.64% | 19.56% |
| 2010 | 20.50% | 19.59% | 19.95% |
| 2009 | 20.12% | 19.33% | 19.77% |
| 2007 | 18.66% | 17.61% | 17.81% |
| 2005 | 18.89% | 18.05% | 17.49% |
Renter Fraction in Bremerton Washington
You can calculate the renter fraction in Bremerton 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 Bremerton as a fraction of total Bremerton households. In 2019 30.11% of households were renters according to Census ACS data.
Bremerton Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Washington | 36.92% | -0.26% | -0.61% |
| Bremerton, WA | 30.11% | +0.04% | -4.43% |
Trends in the Bremerton, WA Renter Fraction
The Bremerton household renter fraction peaked in in 2011 at 34.97% and is now 4.86% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Bremerton WA, Washington, US
History of Bremerton Renter Fraction
| Date | US | Washington | Bremerton, WA |
|---|---|---|---|
| 2019 | 35.89% | 36.92% | 30.11% |
| 2018 | 36.05% | 37.18% | 30.07% |
| 2017 | 36.13% | 37.21% | 33.42% |
| 2016 | 36.88% | 37.53% | 34.54% |
| 2015 | 36.97% | 37.58% | 31.83% |
| 2014 | 36.90% | 38.25% | 34.69% |
| 2013 | 36.50% | 38.06% | 31.29% |
| 2012 | 36.09% | 37.67% | 31.61% |
| 2011 | 35.42% | 37.18% | 34.97% |
| 2010 | 34.65% | 36.90% | 34.68% |
| 2009 | 34.13% | 35.70% | 28.52% |
| 2007 | 32.80% | 33.93% | 30.23% |
| 2005 | 33.10% | 35.34% | 29.68% |
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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