Department of Numbers

Houston County Alabama Residential Rent and Rental Statistics

The median monthly gross residential rent in Houston County AL was $717 in 2017 according to the Census ACS survey.1 Average gross rent in Houston County was $683 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Houston County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Houston County Alabama (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Alabama Median Gross Rent $750 -0.66% +2.18%
Houston County AL Median Gross Rent $717 -2.71% -1.24%

Houston County AL Real Gross Rent Trends

Median gross rent for Houston County peaked in real terms in 2016 at $737 and is now $20 (2.71%) lower. Average gross rent for Houston County peaked in real terms in 2016 at $717 and is now $34 (4.74%) lower.

Real Gross Rent: Houston County AL Median, Houston County AL Average, Alabama Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Houston County

Date US
Median
Alabama
Median
Houston County AL
Median
Houston County AL
Average
2017 $1,012 $750 $717 $683
2016 $996 $755 $737 $717
2015 $987 $750 $734 $699
2014 $956 $734 $726 $688
2013 $924 $709 $689 $645
2012 $912 $711 $688 $662
2011 $912 $720 $670 $645
2010 $927 $723 $669 $617
2009 $931 $726 $659 $632
2008 $947 $725 $655 $640
2007 $899 $685 $653 $637
2006 $909 $682 $644 $613

Houston County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Houston County Alabama was 11.08% according to Census ACS data.

Rental Vacancy Rate in Houston County Alabama

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Alabama 10.99% +0.65% +0.62%
Houston County AL 11.08% -1.68% -1.90%

Trends in Houston County AL Rental Vacancy Rate

The rental vacancy rate in Houston County peaked in 2006 at 16.33%. Since then it has fallen by 5.25% to 11.08%. Data records for this series originated in 2005. From a 2011 post peak low of 4.93%, the rental vacancy rate has increased by 6.15%.

Rental Vacancy Rate: Houston County AL, Alabama, US

Rental vacancy rate in Alabama

Historical Rental Vacancy Rate data for Houston County

Date US Alabama Houston County AL
2017 6.18% 10.99% 11.08%
2016 5.89% 10.34% 12.76%
2015 5.85% 9.72% 8.68%
2014 6.32% 10.37% 12.98%
2013 6.49% 9.17% 11.55%
2012 6.77% 7.79% 6.59%
2011 7.40% 8.30% 4.93%
2010 8.17% 9.64% 7.20%
2009 8.43% 10.33% 10.46%
2008 7.86% 9.73% 10.40%
2007 7.87% 9.25% 15.13%
2006 7.70% 8.72% 16.33%

Rent as a Fraction of Income

Using median household income data for Houston County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Houston County, median monthly gross rent as a fraction of median household income was 19.32% in 2017 according to the ACS.

Houston County Alabama Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Alabama 18.70% -0.57% -1.39%
Houston County AL 19.32% -1.26% -2.19%

Trends in Houston County AL Rent as a Fraction of Income

The fraction of median Houston County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 21.52%. Since then it has fallen by 2.19% to 19.32%.

Fraction of Income towards Rent: Houston County AL, Alabama, US

Percent of median household income going towards median monthly gross rent in Houston County Alabama

Historical Data for Annual Rent as a Fraction of Income in Houston County Alabama

Date US Alabama Houston County AL
2017 20.13% 18.70% 19.32%
2016 20.43% 19.27% 20.59%
2015 20.63% 19.54% 19.65%
2014 20.89% 20.09% 21.52%
2013 20.78% 19.44% 20.77%
2012 20.65% 19.89% 19.81%
2011 20.70% 19.91% 19.04%
2010 20.50% 19.78% 19.19%
2009 20.12% 19.47% 18.65%
2008 19.00% 17.75% 16.04%
2007 18.66% 17.78% 17.08%
2006 18.90% 17.73% 17.74%

Renter Fraction in Houston County Alabama

You can calculate the renter fraction in Houston County 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 Houston County as a fraction of total Houston County households. In 2017 33.31% of households were renters according to Census ACS data.

Houston County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Alabama 31.95% +0.40% -0.37%
Houston County AL 33.31% -2.25% -1.29%

Trends in the Houston County AL Renter Fraction

The Houston County household renter fraction peaked in in 2013 at 37.00% and is now 3.69% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Houston County AL, Alabama, US

Fraction of renters in Houston County

History of Houston County Renter Fraction

Date US Alabama Houston County AL
2017 36.13% 31.95% 33.31%
2016 36.88% 31.55% 35.56%
2015 36.97% 32.11% 36.04%
2014 36.90% 32.32% 34.60%
2013 36.50% 31.96% 37.00%
2012 36.09% 31.25% 35.05%
2011 35.42% 30.11% 33.87%
2010 34.65% 29.88% 35.93%
2009 34.13% 30.42% 33.48%
2008 33.36% 29.01% 30.83%
2007 32.80% 29.10% 29.16%
2006 32.73% 28.22% 30.29%

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.