Eau Claire County Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in Eau Claire County WI was $799 in 2019 according to the Census ACS survey.1 Average gross rent in Eau Claire County was $820 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 County median and average rent data will be released in September of 2021.
Data is also available below for Eau Claire County rental vacancy rates, Eau Claire County rent as a percent of median income and the fraction of renters in Eau Claire County.
Real Gross Rent in Eau Claire County 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 County WI Median Gross Rent | $799 | -1.96% | -3.85% |
Eau Claire County WI Real Gross Rent Trends
Median gross rent for Eau Claire County peaked in real terms in 2016 at $831 and is now $32 (3.85%) lower. Average gross rent for Eau Claire County peaked in real terms in 2018 at $843 and is now $23 (2.73%) lower.
Real Gross Rent: Eau Claire County WI Median, Eau Claire County WI Average, Wisconsin Median, US Median
Real Gross Rent History for Eau Claire County
Date | US Median |
Wisconsin Median |
Eau Claire County WI Median |
Eau Claire County WI Average |
---|---|---|---|---|
2019 | $1,097 | $867 | $799 | $820 |
2018 | $1,077 | $862 | $815 | $843 |
2017 | $1,043 | $844 | $789 | $796 |
2016 | $1,027 | $840 | $831 | $827 |
2015 | $1,017 | $840 | $826 | $837 |
2014 | $986 | $826 | $795 | $760 |
2013 | $953 | $798 | $757 | $728 |
2012 | $940 | $790 | $726 | $745 |
2011 | $941 | $798 | $750 | $775 |
2010 | $955 | $799 | $702 | $725 |
2009 | $960 | $807 | $707 | $729 |
2007 | $927 | $791 | $714 | $694 |
2005 | $910 | $804 | $719 | $723 |
Eau Claire 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 Eau Claire County Wisconsin was 8.98% according to Census ACS data.
Rental Vacancy Rate in Eau Claire County Wisconsin
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Wisconsin | 4.93% | -0.46% | +0.08% |
Eau Claire County WI | 8.98% | — | — |
Trends in Eau Claire County WI Rental Vacancy Rate
At 8.98%, Eau Claire 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: Eau Claire County WI, Wisconsin, US
Historical Rental Vacancy Rate data for Eau Claire County
Date | US | Wisconsin | Eau Claire County WI |
---|---|---|---|
2019 | 5.97% | 4.93% | 8.98% |
2018 | 6.15% | 5.39% | — |
2017 | 6.18% | 5.20% | — |
2016 | 5.89% | 4.85% | — |
2015 | 5.85% | 4.67% | — |
2014 | 6.32% | 4.64% | 3.35% |
2013 | 6.49% | 5.22% | — |
2012 | 6.77% | 5.48% | — |
2011 | 7.40% | 5.17% | 3.84% |
2010 | 8.17% | 6.16% | 3.93% |
2009 | 8.43% | 5.86% | — |
2007 | 7.87% | 6.83% | 6.67% |
2005 | 7.74% | 6.49% | — |
Rent as a Fraction of Income
Using median household income data for Eau Claire County, 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 County, median monthly gross rent as a fraction of median household income was 14.60% in 2019 according to the ACS.
Eau Claire County 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 County WI | 14.60% | -1.29% | -4.52% |
Trends in Eau Claire County WI Rent as a Fraction of Income
The fraction of median Eau Claire County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.21%. Since then it has fallen by 4.61% to 14.60%.
Fraction of Income towards Rent: Eau Claire County WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in Eau Claire County Wisconsin
Date | US | Wisconsin | Eau Claire County WI |
---|---|---|---|
2019 | 20.03% | 16.21% | 14.60% |
2018 | 20.50% | 16.72% | 15.89% |
2017 | 20.13% | 16.57% | 16.70% |
2016 | 20.43% | 16.94% | 19.12% |
2015 | 20.63% | 17.08% | 18.09% |
2014 | 20.89% | 17.83% | 19.21% |
2013 | 20.78% | 17.67% | 17.54% |
2012 | 20.65% | 17.46% | 17.08% |
2011 | 20.70% | 17.60% | 17.29% |
2010 | 20.50% | 17.51% | 17.60% |
2009 | 20.12% | 16.99% | 17.15% |
2007 | 18.66% | 15.97% | 16.91% |
2005 | 18.89% | 16.38% | 16.67% |
Renter Fraction in Eau Claire County Wisconsin
You can calculate the renter fraction in Eau Claire 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 Eau Claire County as a fraction of total Eau Claire County households. In 2019 34.55% of households were renters according to Census ACS data.
Eau Claire County 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 County WI | 34.55% | -1.59% | -2.15% |
Trends in the Eau Claire County WI Renter Fraction
The Eau Claire County household renter fraction peaked in in 2014 at 43.06% and is now 8.51% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Eau Claire County WI, Wisconsin, US
History of Eau Claire County Renter Fraction
Date | US | Wisconsin | Eau Claire County WI |
---|---|---|---|
2019 | 35.89% | 32.80% | 34.55% |
2018 | 36.05% | 32.86% | 36.14% |
2017 | 36.13% | 33.39% | 34.68% |
2016 | 36.88% | 33.34% | 36.70% |
2015 | 36.97% | 33.21% | 33.35% |
2014 | 36.90% | 33.40% | 43.06% |
2013 | 36.50% | 32.82% | 36.32% |
2012 | 36.09% | 32.71% | 38.12% |
2011 | 35.42% | 32.15% | 36.00% |
2010 | 34.65% | 31.30% | 34.41% |
2009 | 34.13% | 31.02% | 37.77% |
2007 | 32.80% | 29.92% | 33.56% |
2005 | 33.10% | 29.88% | 35.18% |
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. ↩