Department of Numbers

Mansfield Ohio Residential Rent and Rental Statistics

The median monthly gross residential rent in Mansfield, OH (the Mansfield metro area) was $640 in 2015 according to the Census ACS survey.1 Average gross rent in Mansfield was $640 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 Mansfield median and average rent data will be released in September of 2017.

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

Show dollars as: Nominal Real

Real Gross Rent in Mansfield Ohio (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Ohio Median Gross Rent $746 +2.05% +6.27%
Mansfield, OH Median Gross Rent $640 +2.89% +3.56%

Mansfield, OH Real Gross Rent Trends

Median gross rent for Mansfield peaked in real terms in 2008 at $664 and is now $24 (3.61%) lower. From a recent low of 563.0 in 2013, real median gross rent has now increased by $77 (13.68%). Average gross rent for Mansfield peaked in real terms in 2008 at $683 and is now $43 (6.30%) lower. From a recent low of 580.0 in 2011, real average gross rent has now increased by $60 (10.34%).

Real Gross Rent in Mansfield: Mansfield OH Median, Mansfield OH Average, Ohio Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Mansfield

Date US
Median
Ohio
Median
Mansfield, OH
Median
Mansfield, OH
Average
2015 $959 $746 $640 $640
2014 $930 $731 $622 $636
2013 $898 $704 $563 $582
2012 $886 $702 $618 $648
2011 $887 $705 $612 $580
2010 $901 $722 $604 $590
2009 $905 $720 $629 $642
2008 $920 $745 $664 $683
2007 $874 $712 $615 $616
2006 $883 $726 $607 $611
2005 $858 $722 $628 $587

Mansfield Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2008 the rental vacancy rate for Mansfield Ohio was 6.59% according to Census ACS data.

Rental Vacancy Rate in Mansfield Ohio

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Ohio 5.56% -0.70% -1.52%
Mansfield, OH

Trends in Mansfield, OH Rental Vacancy Rate

The rental vacancy rate in Mansfield peaked in 2006 at 10.45%. Since then it has fallen by 3.86% to 6.59%. Data records for this series originated in 2005.

Rental Vacancy Rate: Mansfield OH, Ohio, US

Rental vacancy rate in Ohio

Historical Rental Vacancy Rate data for Mansfield

Date US Ohio Mansfield, OH
2015 5.85% 5.56%
2014 6.32% 6.26%
2013 6.49% 6.15%
2012 6.77% 7.08%
2011 7.40% 7.89%
2010 8.17% 9.45%
2009 8.43% 9.17%
2008 7.86% 9.68% 6.59%
2007 7.87% 10.00%
2006 7.70% 10.68% 10.45%
2005 7.74% 10.37%

Rent as a Fraction of Income

Using median household income data for Mansfield, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Mansfield, median monthly gross rent as a fraction of median household income was 17.01% in 2015 according to the ACS.

Mansfield Ohio Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Ohio 17.53% -0.36% -0.41%
Mansfield, OH 17.01% -1.04% -0.73%

Trends in Mansfield, OH Rent as a Fraction of Income

The fraction of median Mansfield household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 18.05%. Since then it has fallen by 1.04% to 17.01%.

Fraction of Income towards Rent: Mansfield OH, Ohio, US

Percent of median household income going towards median monthly gross rent in Mansfield Ohio

Historical Data for Annual Rent as a Fraction of Income in Mansfield Ohio

Date US Ohio Mansfield, OH
2015 20.63% 17.53% 17.01%
2014 20.89% 17.89% 18.05%
2013 20.78% 17.70% 17.24%
2012 20.65% 17.94% 17.74%
2011 20.70% 18.15% 17.98%
2010 20.50% 18.23% 16.54%
2009 20.12% 17.71% 17.84%
2008 19.00% 16.68% 16.77%
2007 18.66% 16.56% 15.33%
2006 18.90% 16.90% 16.38%
2005 18.89% 16.91% 16.31%

Renter Fraction in Mansfield Ohio

You can calculate the renter fraction in Mansfield 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 Mansfield as a fraction of total Mansfield households. In 2015 32.06% of households were renters according to Census ACS data.

Mansfield Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Ohio 34.59% -0.08% +0.88%
Mansfield, OH 32.06% +0.82% +2.55%

Trends in the Mansfield, OH Renter Fraction

The Mansfield household renter fraction peaked in in 2013 at 33.34% and is now 1.28% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Mansfield OH, Ohio, US

Fraction of renters in Mansfield

History of Mansfield Renter Fraction

Date US Ohio Mansfield, OH
2015 36.97% 34.59% 32.06%
2014 36.90% 34.67% 31.24%
2013 36.50% 33.93% 33.34%
2012 36.09% 33.71% 29.51%
2011 35.42% 33.02% 31.37%
2010 34.65% 31.60% 30.43%
2009 34.13% 31.95% 29.78%
2008 33.36% 30.95% 29.46%
2007 32.80% 30.32% 27.17%
2006 32.73% 29.99% 27.50%
2005 33.10% 30.06% 27.38%

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.