Kanawha County West Virginia Residential Rent and Rental Statistics
The median monthly gross residential rent in Kanawha County WV was $712 in 2019 according to the Census ACS survey.1 Average gross rent in Kanawha County was $597 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 Kanawha County median and average rent data will be released in September of 2021.
Data is also available below for Kanawha County rental vacancy rates, Kanawha County rent as a percent of median income and the fraction of renters in Kanawha County.
Real Gross Rent in Kanawha County West Virginia (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
West Virginia Median Gross Rent | $727 | -2.81% | +1.82% |
Kanawha County WV Median Gross Rent | $712 | -8.60% | -3.00% |
Kanawha County WV Real Gross Rent Trends
Median gross rent for Kanawha County peaked in real terms in 2018 at $779 and is now $67 (8.60%) lower. Average gross rent for Kanawha County peaked in real terms in 2011 at $691 and is now $94 (13.60%) lower.
Real Gross Rent: Kanawha County WV Median, Kanawha County WV Average, West Virginia Median, US Median
Real Gross Rent History for Kanawha County
Date | US Median |
West Virginia Median |
Kanawha County WV Median |
Kanawha County WV Average |
---|---|---|---|---|
2019 | $1,097 | $727 | $712 | $597 |
2018 | $1,077 | $748 | $779 | $673 |
2017 | $1,043 | $711 | $685 | $599 |
2016 | $1,027 | $714 | $734 | $673 |
2015 | $1,017 | $716 | $747 | $667 |
2014 | $986 | $693 | $746 | $668 |
2013 | $953 | $653 | $707 | $620 |
2012 | $940 | $646 | $702 | $667 |
2011 | $941 | $647 | $744 | $691 |
2010 | $955 | $638 | $684 | $619 |
2009 | $960 | $629 | $702 | $607 |
2007 | $927 | $617 | $679 | $605 |
2005 | $910 | $604 | $694 | $605 |
Kanawha 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 Kanawha County West Virginia was 10.93% according to Census ACS data.
Rental Vacancy Rate in Kanawha County West Virginia
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
West Virginia | 7.24% | +0.40% | -0.68% |
Kanawha County WV | 10.93% | +4.84% | +4.13% |
Trends in Kanawha County WV Rental Vacancy Rate
At 10.93%, Kanawha County residential rental vacancy rate in 2019 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Kanawha County WV, West Virginia, US
Historical Rental Vacancy Rate data for Kanawha County
Date | US | West Virginia | Kanawha County WV |
---|---|---|---|
2019 | 5.97% | 7.24% | 10.93% |
2018 | 6.15% | 6.84% | 6.09% |
2017 | 6.18% | 8.21% | 10.28% |
2016 | 5.89% | 7.92% | 6.80% |
2015 | 5.85% | 6.82% | 5.61% |
2014 | 6.32% | 8.91% | 5.28% |
2013 | 6.49% | 7.75% | 5.85% |
2012 | 6.77% | 6.82% | 5.93% |
2011 | 7.40% | 8.13% | 8.18% |
2010 | 8.17% | 8.96% | 6.87% |
2009 | 8.43% | 8.76% | 7.02% |
2007 | 7.87% | 8.79% | 7.94% |
2005 | 7.74% | 7.58% | 8.40% |
Rent as a Fraction of Income
Using median household income data for Kanawha County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kanawha County, median monthly gross rent as a fraction of median household income was 17.89% in 2019 according to the ACS.
Kanawha County West 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% |
West Virginia | 17.86% | -2.14% | -1.00% |
Kanawha County WV | 17.89% | -4.42% | -0.80% |
Trends in Kanawha County WV Rent as a Fraction of Income
The fraction of median Kanawha County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 22.31%. Since then it has fallen by 4.42% to 17.89%.
Fraction of Income towards Rent: Kanawha County WV, West Virginia, US
Historical Data for Annual Rent as a Fraction of Income in Kanawha County West Virginia
Date | US | West Virginia | Kanawha County WV |
---|---|---|---|
2019 | 20.03% | 17.86% | 17.89% |
2018 | 20.50% | 20.00% | 22.31% |
2017 | 20.13% | 19.05% | 18.88% |
2016 | 20.43% | 18.86% | 18.69% |
2015 | 20.63% | 19.28% | 18.76% |
2014 | 20.89% | 19.17% | 19.20% |
2013 | 20.78% | 18.04% | 17.38% |
2012 | 20.65% | 18.12% | 16.88% |
2011 | 20.70% | 18.68% | 20.71% |
2010 | 20.50% | 17.93% | 16.89% |
2009 | 20.12% | 17.69% | 17.62% |
2007 | 18.66% | 17.00% | 16.94% |
2005 | 18.89% | 17.33% | 17.16% |
Renter Fraction in Kanawha County West Virginia
You can calculate the renter fraction in Kanawha 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 Kanawha County as a fraction of total Kanawha County households. In 2019 30.58% of households were renters according to Census ACS data.
Kanawha County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
West Virginia | 26.59% | -0.91% | -0.97% |
Kanawha County WV | 30.58% | +0.21% | -0.67% |
Trends in the Kanawha County WV Renter Fraction
The Kanawha County household renter fraction peaked in in 2015 at 32.96% and is now 2.38% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Kanawha County WV, West Virginia, US
History of Kanawha County Renter Fraction
Date | US | West Virginia | Kanawha County WV |
---|---|---|---|
2019 | 35.89% | 26.59% | 30.58% |
2018 | 36.05% | 27.50% | 30.37% |
2017 | 36.13% | 27.46% | 30.38% |
2016 | 36.88% | 27.56% | 31.25% |
2015 | 36.97% | 27.69% | 32.96% |
2014 | 36.90% | 27.83% | 31.09% |
2013 | 36.50% | 27.67% | 30.00% |
2012 | 36.09% | 28.02% | 30.72% |
2011 | 35.42% | 27.74% | 30.96% |
2010 | 34.65% | 25.41% | 28.41% |
2009 | 34.13% | 26.38% | 28.46% |
2007 | 32.80% | 25.13% | 29.54% |
2005 | 33.10% | 24.63% | 29.25% |
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. ↩