Department of Numbers

Vallejo California Residential Rent and Rental Statistics

The median monthly gross residential rent in Vallejo, CA (the Vallejo-Fairfield metro area) was $1,320 in 2015 according to the Census ACS survey.1 Average gross rent in Vallejo was $1,338 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Vallejo median and average rent data will be released in September of 2017.

Data is also available below for Vallejo rental vacancy rates, Vallejo rent as a percent of median income and the fraction of renters in Vallejo.

Show dollars as: Nominal Real

Real Gross Rent in Vallejo California (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
California Median Gross Rent $1,311 +3.88% +8.98%
Vallejo, CA Median Gross Rent $1,320 +2.56% +5.77%

Vallejo, CA Real Gross Rent Trends

Median gross rent for Vallejo peaked in real terms in 2008 at $1,358 and is now $38 (2.80%) lower. From a recent low of 1210.0 in 2011, real median gross rent has now increased by $110 (9.09%). Average gross rent for Vallejo peaked in real terms in 2008 at $1,369 and is now $31 (2.26%) lower.

Real Gross Rent in Vallejo: Vallejo CA Median, Vallejo CA Average, California Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Vallejo

Date US
Median
California
Median
Vallejo, CA
Median
Vallejo, CA
Average
2015 $959 $1,311 $1,320 $1,338
2014 $930 $1,262 $1,287 $1,303
2013 $898 $1,215 $1,248 $1,269
2012 $886 $1,203 $1,248 $1,241
2011 $887 $1,195 $1,210 $1,248
2010 $901 $1,225 $1,265 $1,298
2009 $905 $1,241 $1,282 $1,318
2008 $920 $1,267 $1,358 $1,369
2007 $874 $1,194 $1,238 $1,265
2006 $883 $1,191 $1,241 $1,224
2005 $858 $1,147 $1,292 $1,287

Vallejo Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Vallejo California was 3.96% according to Census ACS data.

Rental Vacancy Rate in Vallejo California

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
California 3.33% -0.57% -1.18%
Vallejo, CA 3.96% -1.15% -1.78%

Trends in Vallejo, CA Rental Vacancy Rate

The rental vacancy rate in Vallejo peaked in 2010 at 8.17%. Since then it has fallen by 4.21% to 3.96%. Data records for this series originated in 2005.

Rental Vacancy Rate: Vallejo CA, California, US

Rental vacancy rate in California

Historical Rental Vacancy Rate data for Vallejo

Date US California Vallejo, CA
2015 5.85% 3.33% 3.96%
2014 6.32% 3.90% 5.11%
2013 6.49% 4.22% 6.50%
2012 6.77% 4.51% 5.74%
2011 7.40% 4.94% 6.91%
2010 8.17% 5.86% 8.17%
2009 8.43% 5.76% 6.69%
2008 7.86% 4.71% 7.05%
2007 7.87% 4.72% 7.92%
2006 7.70% 4.67% 5.89%
2005 7.74% 4.61% 6.38%

Rent as a Fraction of Income

Using median household income data for Vallejo, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Vallejo, median monthly gross rent as a fraction of median household income was 23.49% in 2015 according to the ACS.

Vallejo California Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
California 24.39% -0.18% -0.30%
Vallejo, CA 23.49% +0.67% -0.57%

Trends in Vallejo, CA Rent as a Fraction of Income

The fraction of median Vallejo household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 24.05%. Since then it has fallen by 0.57% to 23.49%.

Fraction of Income towards Rent: Vallejo CA, California, US

Percent of median household income going towards median monthly gross rent in Vallejo California

Historical Data for Annual Rent as a Fraction of Income in Vallejo California

Date US California Vallejo, CA
2015 20.63% 24.39% 23.49%
2014 20.89% 24.57% 22.82%
2013 20.78% 24.40% 23.75%
2012 20.65% 24.69% 24.05%
2011 20.70% 24.59% 22.35%
2010 20.50% 24.18% 22.74%
2009 20.12% 23.52% 21.76%
2008 19.00% 22.32% 20.66%
2007 18.66% 21.58% 20.06%
2006 18.90% 21.80% 20.91%
2005 18.89% 21.77% 21.14%

Renter Fraction in Vallejo California

You can calculate the renter fraction in Vallejo 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 Vallejo as a fraction of total Vallejo households. In 2015 39.71% of households were renters according to Census ACS data.

Vallejo Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
California 46.41% +0.14% +0.44%
Vallejo, CA 39.71% -2.44% -1.19%

Trends in the Vallejo, CA Renter Fraction

The Vallejo household renter fraction peaked in in 2014 at 42.15% and is now 2.44% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Vallejo CA, California, US

Fraction of renters in Vallejo

History of Vallejo Renter Fraction

Date US California Vallejo, CA
2015 36.97% 46.41% 39.71%
2014 36.90% 46.27% 42.15%
2013 36.50% 46.21% 40.86%
2012 36.09% 45.97% 40.90%
2011 35.42% 45.12% 38.82%
2010 34.65% 44.36% 37.51%
2009 34.13% 43.43% 34.39%
2008 33.36% 42.95% 36.06%
2007 32.80% 42.00% 32.93%
2006 32.73% 41.55% 34.11%
2005 33.10% 41.56% 33.09%

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.