Sheboygan Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in Sheboygan, WI (the Sheboygan metro area) was $750 in 2019 according to the Census ACS survey.1 Average gross rent in Sheboygan was $825 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 Sheboygan median and average rent data will be released in September of 2021.
Data is also available below for Sheboygan rental vacancy rates, Sheboygan rent as a percent of median income and the fraction of renters in Sheboygan.
Real Gross Rent in Sheboygan 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% |
| Sheboygan, WI Median Gross Rent | $750 | +2.32% | +10.95% |
Sheboygan, WI Real Gross Rent Trends
At $750, real median gross rent in Sheboygan was at its highest level in 2019 since the series began in 2005. At $825, real average gross rent in Sheboygan was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Sheboygan: Sheboygan WI Median, Sheboygan WI Average, Wisconsin Median, US Median
Real Gross Rent History for Sheboygan
| Date | US Median |
Wisconsin Median |
Sheboygan, WI Median |
Sheboygan, WI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $867 | $750 | $825 |
| 2018 | $1,077 | $862 | $733 | $797 |
| 2017 | $1,043 | $844 | $738 | $755 |
| 2016 | $1,027 | $840 | $676 | $689 |
| 2015 | $1,017 | $840 | $730 | $695 |
| 2014 | $986 | $826 | $702 | $731 |
| 2013 | $953 | $798 | $678 | $648 |
| 2012 | $940 | $790 | $677 | $714 |
| 2011 | $941 | $798 | $678 | $712 |
| 2010 | $955 | $799 | $707 | $683 |
| 2009 | $960 | $807 | $726 | $731 |
| 2007 | $927 | $791 | $671 | $696 |
| 2005 | $910 | $804 | $723 | $705 |
Sheboygan 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 Sheboygan Wisconsin was 1.43% according to Census ACS data.
Rental Vacancy Rate in Sheboygan Wisconsin
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Wisconsin | 4.93% | -0.46% | +0.08% |
| Sheboygan, WI | 1.43% | — | — |
Trends in Sheboygan, WI Rental Vacancy Rate
The rental vacancy rate in Sheboygan peaked in 2010 at 11.65%. Since then it has fallen by 10.22% to 1.43%. Data records for this series originated in 2005.
Rental Vacancy Rate: Sheboygan WI, Wisconsin, US
Historical Rental Vacancy Rate data for Sheboygan
| Date | US | Wisconsin | Sheboygan, WI |
|---|---|---|---|
| 2019 | 5.97% | 4.93% | 1.43% |
| 2018 | 6.15% | 5.39% | — |
| 2017 | 6.18% | 5.20% | 1.68% |
| 2016 | 5.89% | 4.85% | — |
| 2015 | 5.85% | 4.67% | 3.14% |
| 2014 | 6.32% | 4.64% | 2.77% |
| 2013 | 6.49% | 5.22% | — |
| 2012 | 6.77% | 5.48% | 6.97% |
| 2011 | 7.40% | 5.17% | 5.66% |
| 2010 | 8.17% | 6.16% | 11.65% |
| 2009 | 8.43% | 5.86% | 9.59% |
| 2007 | 7.87% | 6.83% | 7.29% |
| 2005 | 7.74% | 6.49% | 7.03% |
Rent as a Fraction of Income
Using median household income data for Sheboygan, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sheboygan, median monthly gross rent as a fraction of median household income was 14.83% in 2019 according to the ACS.
Sheboygan 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% |
| Sheboygan, WI | 14.83% | +0.64% | +0.49% |
Trends in Sheboygan, WI Rent as a Fraction of Income
The fraction of median Sheboygan household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 15.36%. Since then it has fallen by 0.54% to 14.83%.
Fraction of Income towards Rent: Sheboygan WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in Sheboygan Wisconsin
| Date | US | Wisconsin | Sheboygan, WI |
|---|---|---|---|
| 2019 | 20.03% | 16.21% | 14.83% |
| 2018 | 20.50% | 16.72% | 14.19% |
| 2017 | 20.13% | 16.57% | 14.72% |
| 2016 | 20.43% | 16.94% | 14.34% |
| 2015 | 20.63% | 17.08% | 14.47% |
| 2014 | 20.89% | 17.83% | 14.77% |
| 2013 | 20.78% | 17.67% | 15.25% |
| 2012 | 20.65% | 17.46% | 14.71% |
| 2011 | 20.70% | 17.60% | 14.80% |
| 2010 | 20.50% | 17.51% | 15.36% |
| 2009 | 20.12% | 16.99% | 14.64% |
| 2007 | 18.66% | 15.97% | 13.16% |
| 2005 | 18.89% | 16.38% | 13.59% |
Renter Fraction in Sheboygan Wisconsin
You can calculate the renter fraction in Sheboygan 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 Sheboygan as a fraction of total Sheboygan households. In 2019 28.47% of households were renters according to Census ACS data.
Sheboygan 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% |
| Sheboygan, WI | 28.47% | +0.17% | -2.23% |
Trends in the Sheboygan, WI Renter Fraction
The Sheboygan household renter fraction peaked in in 2017 at 30.98% and is now 2.51% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Sheboygan WI, Wisconsin, US
History of Sheboygan Renter Fraction
| Date | US | Wisconsin | Sheboygan, WI |
|---|---|---|---|
| 2019 | 35.89% | 32.80% | 28.47% |
| 2018 | 36.05% | 32.86% | 28.30% |
| 2017 | 36.13% | 33.39% | 30.98% |
| 2016 | 36.88% | 33.34% | 30.70% |
| 2015 | 36.97% | 33.21% | 30.31% |
| 2014 | 36.90% | 33.40% | 29.20% |
| 2013 | 36.50% | 32.82% | 29.00% |
| 2012 | 36.09% | 32.71% | 29.74% |
| 2011 | 35.42% | 32.15% | 28.73% |
| 2010 | 34.65% | 31.30% | 27.88% |
| 2009 | 34.13% | 31.02% | 26.30% |
| 2007 | 32.80% | 29.92% | 28.47% |
| 2005 | 33.10% | 29.88% | 24.80% |
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. ↩
