# Appleton Wisconsin Residential Rent and Rental Statistics

The **median monthly gross residential rent in Appleton, WI (the Appleton metro area) was $775 in 2015** according to the Census ACS survey.^{1} **Average gross rent in Appleton was $780 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 Appleton median and average rent data will be released in September of 2017.

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

###
Real Gross Rent in Appleton Wisconsin (2015 dollars)^{2}

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US Median Gross Rent | $959 | +3.12% | +8.24% |

Wisconsin Median Gross Rent | $792 | +1.80% | +6.31% |

Appleton, WI Median Gross Rent | $775 | +9.00% | +11.03% |

## Appleton, WI Real Gross Rent Trends

At $775, real median gross rent in Appleton was at its highest level in 2015 since the series began in 2005. At $780, real average gross rent in Appleton was at its highest level in 2015 since the series began in 2005.

### Real Gross Rent in Appleton: Appleton WI Median, Appleton WI Average, Wisconsin Median, US Median

## Real Gross Rent History for Appleton

Date |
US Median |
Wisconsin Median |
Appleton, WI Median |
Appleton, WI Average |
---|---|---|---|---|

2015 | $959 | $792 | $775 | $780 |

2014 | $930 | $778 | $711 | $725 |

2013 | $898 | $752 | $709 | $737 |

2012 | $886 | $745 | $698 | $718 |

2011 | $887 | $752 | $696 | $764 |

2010 | $901 | $753 | $712 | $746 |

2009 | $905 | $761 | $720 | $732 |

2008 | $920 | $786 | $704 | $718 |

2007 | $874 | $745 | $709 | $703 |

2006 | $883 | $762 | $703 | $743 |

2005 | $858 | $758 | $718 | $715 |

## Appleton 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 Appleton Wisconsin was 4.77%** according to Census ACS data.

### Rental Vacancy Rate in Appleton Wisconsin

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 5.85% | -0.47% | -0.92% |

Wisconsin | 4.67% | +0.03% | -0.81% |

Appleton, WI | 4.77% | -0.28% | -3.86% |

## Trends in Appleton, WI Rental Vacancy Rate

The rental vacancy rate in Appleton peaked in 2012 at 8.63%. Since then it has fallen by 3.86% to 4.77%. Data records for this series originated in 2005.

### Rental Vacancy Rate: Appleton WI, Wisconsin, US

## Historical Rental Vacancy Rate data for Appleton

Date | US | Wisconsin | Appleton, WI |
---|---|---|---|

2015 | 5.85% | 4.67% | 4.77% |

2014 | 6.32% | 4.64% | 5.05% |

2013 | 6.49% | 5.22% | 6.78% |

2012 | 6.77% | 5.48% | 8.63% |

2011 | 7.40% | 5.17% | 5.38% |

2010 | 8.17% | 6.16% | 1.23% |

2009 | 8.43% | 5.86% | 6.90% |

2008 | 7.86% | 6.26% | 5.18% |

2007 | 7.87% | 6.83% | 7.04% |

2006 | 7.70% | 7.18% | 3.79% |

2005 | 7.74% | 6.49% | 4.84% |

## Rent as a Fraction of Income

Using median household income data for Appleton, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. **For Appleton, median monthly gross rent as a fraction of median household income was 15.18% in 2015** according to the ACS.

### Appleton Wisconsin Median Annual Rent as a Fraction of Median Household Income

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 20.63% | -0.26% | -0.02% |

Wisconsin | 17.08% | -0.75% | -0.38% |

Appleton, WI | 15.18% | +0.93% | +1.30% |

## Trends in Appleton, WI Rent as a Fraction of Income

Appleton renters paid 15.18% of median household income towards the median monthly gross rent in 2015. This is the highest fraction of median household income going to rent since the series originated in 2005.

### Fraction of Income towards Rent: Appleton WI, Wisconsin, US

## Historical Data for Annual Rent as a Fraction of Income in Appleton Wisconsin

Date | US | Wisconsin | Appleton, WI |
---|---|---|---|

2015 | 20.63% | 17.08% | 15.18% |

2014 | 20.89% | 17.83% | 14.25% |

2013 | 20.78% | 17.67% | 14.67% |

2012 | 20.65% | 17.46% | 13.88% |

2011 | 20.70% | 17.60% | 14.11% |

2010 | 20.50% | 17.51% | 14.52% |

2009 | 20.12% | 16.99% | 14.44% |

2008 | 19.00% | 16.22% | 13.81% |

2007 | 18.66% | 15.97% | 13.51% |

2006 | 18.90% | 16.19% | 14.23% |

2005 | 18.89% | 16.38% | 13.42% |

## Renter Fraction in Appleton Wisconsin

You can calculate the renter fraction in Appleton 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 Appleton as a fraction of total Appleton households. **In 2015 26.31% of households were renters** according to Census ACS data.

### Appleton Fraction of Renters by Household Units

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 36.97% | +0.07% | +0.88% |

Wisconsin | 33.21% | -0.19% | +0.50% |

Appleton, WI | 26.31% | -2.66% | +0.54% |

## Trends in the Appleton, WI Renter Fraction

The Appleton household renter fraction peaked in in 2014 at 28.97% and is now 2.66% below that level. The origin year for the series is 2005.

### Fraction of Renting Households: Appleton WI, Wisconsin, US

## History of Appleton Renter Fraction

Date | US | Wisconsin | Appleton, WI |
---|---|---|---|

2015 | 36.97% | 33.21% | 26.31% |

2014 | 36.90% | 33.40% | 28.97% |

2013 | 36.50% | 32.82% | 27.40% |

2012 | 36.09% | 32.71% | 25.77% |

2011 | 35.42% | 32.15% | 25.89% |

2010 | 34.65% | 31.30% | 24.33% |

2009 | 34.13% | 31.02% | 24.73% |

2008 | 33.36% | 29.87% | 24.77% |

2007 | 32.80% | 29.92% | 26.12% |

2006 | 32.73% | 29.55% | 26.50% |

2005 | 33.10% | 29.88% | 22.39% |

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. ↩