Eau Claire Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in Eau Claire, WI (the Eau Claire metro area) was $817 in 2019 according to the Census ACS survey.1 Average gross rent in Eau Claire was $817 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 Eau Claire median and average rent data will be released in September of 2021.
Data is also available below for Eau Claire rental vacancy rates, Eau Claire rent as a percent of median income and the fraction of renters in Eau Claire.
Real Gross Rent in Eau Claire Wisconsin (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Wisconsin Median Gross Rent | $867 | +0.58% | +3.21% |
| Eau Claire, WI Median Gross Rent | $817 | +1.24% | -0.73% |
Eau Claire, WI Real Gross Rent Trends
Median gross rent for Eau Claire peaked in real terms in 2016 at $823 and is now $6 (0.73%) lower. Average gross rent for Eau Claire peaked in real terms in 2016 at $824 and is now $7 (0.85%) lower.
Real Gross Rent in Eau Claire: Eau Claire WI Median, Eau Claire WI Average, Wisconsin Median, US Median
Real Gross Rent History for Eau Claire
| Date | US Median |
Wisconsin Median |
Eau Claire, WI Median |
Eau Claire, WI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $867 | $817 | $817 |
| 2018 | $1,077 | $862 | $807 | $810 |
| 2017 | $1,043 | $844 | $791 | $798 |
| 2016 | $1,027 | $840 | $823 | $824 |
| 2015 | $1,017 | $840 | $809 | $799 |
| 2014 | $986 | $826 | $792 | $759 |
| 2013 | $953 | $798 | $747 | $694 |
| 2012 | $940 | $790 | $754 | $741 |
| 2011 | $941 | $798 | $746 | $758 |
| 2010 | $955 | $799 | $686 | $713 |
| 2009 | $960 | $807 | $708 | $728 |
| 2007 | $927 | $791 | $723 | $690 |
| 2005 | $910 | $804 | $713 | $710 |
Eau Claire 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 Eau Claire Wisconsin was 6.59% according to Census ACS data.
Rental Vacancy Rate in Eau Claire Wisconsin
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Wisconsin | 4.93% | -0.46% | +0.08% |
| Eau Claire, WI | 6.59% | +1.56% | +4.05% |
Trends in Eau Claire, WI Rental Vacancy Rate
The rental vacancy rate in Eau Claire peaked in 2007 at 8.46%. Since then it has fallen by 1.87% to 6.59%. Data records for this series originated in 2005. From a 2013 post peak low of 1.96%, the rental vacancy rate has increased by 4.63%.
Rental Vacancy Rate: Eau Claire WI, Wisconsin, US
Historical Rental Vacancy Rate data for Eau Claire
| Date | US | Wisconsin | Eau Claire, WI |
|---|---|---|---|
| 2019 | 5.97% | 4.93% | 6.59% |
| 2018 | 6.15% | 5.39% | 5.03% |
| 2017 | 6.18% | 5.20% | 6.69% |
| 2016 | 5.89% | 4.85% | 2.54% |
| 2015 | 5.85% | 4.67% | — |
| 2014 | 6.32% | 4.64% | 2.83% |
| 2013 | 6.49% | 5.22% | 1.96% |
| 2012 | 6.77% | 5.48% | 3.91% |
| 2011 | 7.40% | 5.17% | 4.38% |
| 2010 | 8.17% | 6.16% | 4.64% |
| 2009 | 8.43% | 5.86% | 2.31% |
| 2007 | 7.87% | 6.83% | 8.46% |
| 2005 | 7.74% | 6.49% | 5.04% |
Rent as a Fraction of Income
Using median household income data for Eau Claire, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Eau Claire, median monthly gross rent as a fraction of median household income was 15.45% in 2019 according to the ACS.
Eau Claire Wisconsin Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Wisconsin | 16.21% | -0.51% | -0.73% |
| Eau Claire, WI | 15.45% | -0.39% | -3.02% |
Trends in Eau Claire, WI Rent as a Fraction of Income
The fraction of median Eau Claire household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 18.47%. Since then it has fallen by 3.02% to 15.45%.
Fraction of Income towards Rent: Eau Claire WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in Eau Claire Wisconsin
| Date | US | Wisconsin | Eau Claire, WI |
|---|---|---|---|
| 2019 | 20.03% | 16.21% | 15.45% |
| 2018 | 20.50% | 16.72% | 15.84% |
| 2017 | 20.13% | 16.57% | 16.59% |
| 2016 | 20.43% | 16.94% | 18.47% |
| 2015 | 20.63% | 17.08% | 17.58% |
| 2014 | 20.89% | 17.83% | 18.42% |
| 2013 | 20.78% | 17.67% | 17.35% |
| 2012 | 20.65% | 17.46% | 17.47% |
| 2011 | 20.70% | 17.60% | 16.79% |
| 2010 | 20.50% | 17.51% | 16.71% |
| 2009 | 20.12% | 16.99% | 16.70% |
| 2007 | 18.66% | 15.97% | 16.25% |
| 2005 | 18.89% | 16.38% | 15.85% |
Renter Fraction in Eau Claire Wisconsin
You can calculate the renter fraction in Eau Claire 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 Eau Claire as a fraction of total Eau Claire households. In 2019 29.91% of households were renters according to Census ACS data.
Eau Claire Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Wisconsin | 32.80% | -0.06% | -0.54% |
| Eau Claire, WI | 29.91% | -2.34% | -4.30% |
Trends in the Eau Claire, WI Renter Fraction
The Eau Claire household renter fraction peaked in in 2014 at 37.26% and is now 7.35% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Eau Claire WI, Wisconsin, US
History of Eau Claire Renter Fraction
| Date | US | Wisconsin | Eau Claire, WI |
|---|---|---|---|
| 2019 | 35.89% | 32.80% | 29.91% |
| 2018 | 36.05% | 32.86% | 32.25% |
| 2017 | 36.13% | 33.39% | 33.00% |
| 2016 | 36.88% | 33.34% | 34.21% |
| 2015 | 36.97% | 33.21% | 31.00% |
| 2014 | 36.90% | 33.40% | 37.26% |
| 2013 | 36.50% | 32.82% | 32.29% |
| 2012 | 36.09% | 32.71% | 33.87% |
| 2011 | 35.42% | 32.15% | 33.45% |
| 2010 | 34.65% | 31.30% | 32.40% |
| 2009 | 34.13% | 31.02% | 33.22% |
| 2007 | 32.80% | 29.92% | 30.05% |
| 2005 | 33.10% | 29.88% | 29.91% |
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
- / Wisconsin
- / Eau Claire
