Fond du Lac Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in Fond du Lac, WI (the Fond du Lac metro area) was $751 in 2019 according to the Census ACS survey.1 Average gross rent in Fond du Lac was $733 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 Fond du Lac median and average rent data will be released in September of 2021.
Data is also available below for Fond du Lac rental vacancy rates, Fond du Lac rent as a percent of median income and the fraction of renters in Fond du Lac.
Real Gross Rent in Fond du Lac 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% |
| Fond du Lac, WI Median Gross Rent | $751 | +1.76% | -3.59% |
Fond du Lac, WI Real Gross Rent Trends
Median gross rent for Fond du Lac peaked in real terms in 2017 at $784 and is now $33 (4.21%) lower. Average gross rent for Fond du Lac peaked in real terms in 2017 at $833 and is now $100 (12.00%) lower.
Real Gross Rent in Fond du Lac: Fond du Lac WI Median, Fond du Lac WI Average, Wisconsin Median, US Median
Real Gross Rent History for Fond du Lac
| Date | US Median |
Wisconsin Median |
Fond du Lac, WI Median |
Fond du Lac, WI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $867 | $751 | $733 |
| 2018 | $1,077 | $862 | $738 | $741 |
| 2017 | $1,043 | $844 | $784 | $833 |
| 2016 | $1,027 | $840 | $779 | $776 |
| 2015 | $1,017 | $840 | $708 | $728 |
| 2014 | $986 | $826 | $756 | $794 |
| 2013 | $953 | $798 | $732 | $766 |
| 2012 | $940 | $790 | $754 | $698 |
| 2011 | $941 | $798 | $692 | $790 |
| 2010 | $955 | $799 | $713 | $731 |
| 2009 | $960 | $807 | $739 | $737 |
| 2007 | $927 | $791 | $692 | $703 |
| 2005 | $910 | $804 | $739 | $716 |
Fond du Lac Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Fond du Lac Wisconsin was 9.36% according to Census ACS data.
Rental Vacancy Rate in Fond du Lac Wisconsin
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Wisconsin | 4.93% | -0.46% | +0.08% |
| Fond du Lac, WI | — | — | — |
Trends in Fond du Lac, WI Rental Vacancy Rate
The rental vacancy rate in Fond du Lac peaked in 2015 at 11.04%. Since then it has fallen by 1.68% to 9.36%. Data records for this series originated in 2005.
Rental Vacancy Rate: Fond du Lac WI, Wisconsin, US
Historical Rental Vacancy Rate data for Fond du Lac
| Date | US | Wisconsin | Fond du Lac, WI |
|---|---|---|---|
| 2019 | 5.97% | 4.93% | — |
| 2018 | 6.15% | 5.39% | 9.36% |
| 2017 | 6.18% | 5.20% | — |
| 2016 | 5.89% | 4.85% | 5.77% |
| 2015 | 5.85% | 4.67% | 11.04% |
| 2014 | 6.32% | 4.64% | 2.57% |
| 2013 | 6.49% | 5.22% | 7.56% |
| 2012 | 6.77% | 5.48% | 3.24% |
| 2011 | 7.40% | 5.17% | 5.54% |
| 2010 | 8.17% | 6.16% | 8.23% |
| 2009 | 8.43% | 5.86% | 3.69% |
| 2007 | 7.87% | 6.83% | 7.09% |
| 2005 | 7.74% | 6.49% | 9.65% |
Rent as a Fraction of Income
Using median household income data for Fond du Lac, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fond du Lac, median monthly gross rent as a fraction of median household income was 13.79% in 2019 according to the ACS.
Fond du Lac 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% |
| Fond du Lac, WI | 13.79% | -1.36% | -1.52% |
Trends in Fond du Lac, WI Rent as a Fraction of Income
The fraction of median Fond du Lac household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 16.61%. Since then it has fallen by 2.82% to 13.79%.
Fraction of Income towards Rent: Fond du Lac WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in Fond du Lac Wisconsin
| Date | US | Wisconsin | Fond du Lac, WI |
|---|---|---|---|
| 2019 | 20.03% | 16.21% | 13.79% |
| 2018 | 20.50% | 16.72% | 15.15% |
| 2017 | 20.13% | 16.57% | 14.85% |
| 2016 | 20.43% | 16.94% | 15.31% |
| 2015 | 20.63% | 17.08% | 13.89% |
| 2014 | 20.89% | 17.83% | 16.61% |
| 2013 | 20.78% | 17.67% | 15.39% |
| 2012 | 20.65% | 17.46% | 16.03% |
| 2011 | 20.70% | 17.60% | 14.46% |
| 2010 | 20.50% | 17.51% | 15.40% |
| 2009 | 20.12% | 16.99% | 15.49% |
| 2007 | 18.66% | 15.97% | 14.13% |
| 2005 | 18.89% | 16.38% | 14.72% |
Renter Fraction in Fond du Lac Wisconsin
You can calculate the renter fraction in Fond du Lac 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 Fond du Lac as a fraction of total Fond du Lac households. In 2019 32.41% of households were renters according to Census ACS data.
Fond du Lac 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% |
| Fond du Lac, WI | 32.41% | +1.91% | +4.40% |
Trends in the Fond du Lac, WI Renter Fraction
At 32.41%, the 2019 household based renter fraction in Fond du Lac was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Fond du Lac WI, Wisconsin, US
History of Fond du Lac Renter Fraction
| Date | US | Wisconsin | Fond du Lac, WI |
|---|---|---|---|
| 2019 | 35.89% | 32.80% | 32.41% |
| 2018 | 36.05% | 32.86% | 30.50% |
| 2017 | 36.13% | 33.39% | 30.58% |
| 2016 | 36.88% | 33.34% | 28.01% |
| 2015 | 36.97% | 33.21% | 25.84% |
| 2014 | 36.90% | 33.40% | 29.06% |
| 2013 | 36.50% | 32.82% | 28.75% |
| 2012 | 36.09% | 32.71% | 29.32% |
| 2011 | 35.42% | 32.15% | 30.11% |
| 2010 | 34.65% | 31.30% | 28.37% |
| 2009 | 34.13% | 31.02% | 29.02% |
| 2007 | 32.80% | 29.92% | 27.79% |
| 2005 | 33.10% | 29.88% | 26.40% |
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. ↩
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