Department of Numbers

Coeur dAlene Idaho Residential Rent and Rental Statistics

The median monthly gross residential rent in Coeur dAlene, ID (the Coeur d'Alene metro area) was $865 in 2015 according to the Census ACS survey.1 Average gross rent in Coeur dAlene was $849 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 Coeur dAlene median and average rent data will be released in September of 2017.

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

Show dollars as: Nominal Real

Real Gross Rent in Coeur dAlene Idaho (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Idaho Median Gross Rent $770 +2.53% +9.38%
Coeur dAlene, ID Median Gross Rent $865 +9.77% +4.22%

Coeur dAlene, ID Real Gross Rent Trends

Median gross rent for Coeur dAlene peaked in real terms in 2009 at $866 and is now $1 (0.12%) lower. From a recent low of 788.0 in 2014, real median gross rent has now increased by $77 (9.77%). Average gross rent for Coeur dAlene peaked in real terms in 2014 at $870 and is now $21 (2.41%) lower.

Real Gross Rent in Coeur dAlene: Coeur dAlene ID Median, Coeur dAlene ID Average, Idaho Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Coeur dAlene

Date US
Median
Idaho
Median
Coeur dAlene, ID
Median
Coeur dAlene, ID
Average
2015 $959 $770 $865 $849
2014 $930 $751 $788 $870
2013 $898 $720 $792 $771
2012 $886 $704 $830 $851
2011 $887 $702 $791 $759
2010 $901 $719 $793 $782
2009 $905 $746 $866 $850
2008 $920 $770 $835 $843
2007 $874 $724 $798 $816
2006 $883 $721 $838 $802
2005 $858 $700 $807 $793

Coeur dAlene 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 Coeur dAlene Idaho was 4.00% according to Census ACS data.

Rental Vacancy Rate in Coeur dAlene Idaho

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Idaho 4.97% -0.26% -1.48%
Coeur dAlene, ID 4.00% -1.29% -5.26%

Trends in Coeur dAlene, ID Rental Vacancy Rate

The rental vacancy rate in Coeur dAlene peaked in 2012 at 9.26%. Since then it has fallen by 5.26% to 4.00%. Data records for this series originated in 2005. From a 2013 post peak low of 3.08%, the rental vacancy rate has increased by 0.92%.

Rental Vacancy Rate: Coeur dAlene ID, Idaho, US

Rental vacancy rate in Idaho

Historical Rental Vacancy Rate data for Coeur dAlene

Date US Idaho Coeur dAlene, ID
2015 5.85% 4.97% 4.00%
2014 6.32% 5.23% 5.29%
2013 6.49% 5.05% 3.08%
2012 6.77% 6.45% 9.26%
2011 7.40% 5.53% 8.19%
2010 8.17% 7.93% 7.32%
2009 8.43% 8.58%
2008 7.86% 7.56% 6.04%
2007 7.87% 6.21%
2006 7.70% 5.25%
2005 7.74% 4.84% 4.94%

Rent as a Fraction of Income

Using median household income data for Coeur dAlene, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Coeur dAlene, median monthly gross rent as a fraction of median household income was 21.69% in 2015 according to the ACS.

Coeur dAlene Idaho Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Idaho 19.14% +0.21% +0.62%
Coeur dAlene, ID 21.69% +2.20% +0.49%

Trends in Coeur dAlene, ID Rent as a Fraction of Income

The fraction of median Coeur dAlene household income required to pay median monthly gross rent peaked in 2005 (relative to the 2005 series origin) at 22.41%. Since then it has fallen by 0.72% to 21.69%. From a 2013 low of 17.44%, the fraction of income going to rent has increased by 4.25%.

Fraction of Income towards Rent: Coeur dAlene ID, Idaho, US

Percent of median household income going towards median monthly gross rent in Coeur dAlene Idaho

Historical Data for Annual Rent as a Fraction of Income in Coeur dAlene Idaho

Date US Idaho Coeur dAlene, ID
2015 20.63% 19.14% 21.69%
2014 20.89% 18.93% 19.48%
2013 20.78% 18.60% 17.44%
2012 20.65% 18.52% 21.20%
2011 20.70% 19.08% 19.51%
2010 20.50% 18.85% 21.35%
2009 20.12% 18.54% 20.39%
2008 19.00% 17.40% 17.94%
2007 18.66% 16.97% 18.54%
2006 18.90% 17.44% 21.53%
2005 18.89% 17.20% 22.41%

Renter Fraction in Coeur dAlene Idaho

You can calculate the renter fraction in Coeur dAlene 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 Coeur dAlene as a fraction of total Coeur dAlene households. In 2015 30.14% of households were renters according to Census ACS data.

Coeur dAlene Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Idaho 31.04% -0.94% -0.59%
Coeur dAlene, ID 30.14% -3.56% -0.91%

Trends in the Coeur dAlene, ID Renter Fraction

The Coeur dAlene household renter fraction peaked in in 2014 at 33.70% and is now 3.56% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Coeur dAlene ID, Idaho, US

Fraction of renters in Coeur dAlene

History of Coeur dAlene Renter Fraction

Date US Idaho Coeur dAlene, ID
2015 36.97% 31.04% 30.14%
2014 36.90% 31.98% 33.70%
2013 36.50% 30.64% 25.61%
2012 36.09% 31.63% 31.05%
2011 35.42% 31.26% 29.24%
2010 34.65% 30.38% 30.07%
2009 34.13% 28.47% 28.56%
2008 33.36% 29.14% 27.89%
2007 32.80% 27.95% 27.40%
2006 32.73% 28.73% 30.48%
2005 33.10% 28.60% 28.05%

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.