Department of Numbers

Apache County Arizona Residential Rent and Rental Statistics

The median monthly gross residential rent in Apache County AZ was $467 in 2017 according to the Census ACS survey.1 Average gross rent in Apache County was $487 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 Apache County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Apache County Arizona (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Arizona Median Gross Rent $1,020 +2.93% +8.74%
Apache County AZ Median Gross Rent $467 -7.34% +2.19%

Apache County AZ Real Gross Rent Trends

Median gross rent for Apache County peaked in real terms in 2010 at $600 and is now $133 (22.17%) lower. Average gross rent for Apache County peaked in real terms in 2010 at $590 and is now $103 (17.46%) lower.

Real Gross Rent: Apache County AZ Median, Apache County AZ Average, Arizona Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Apache County

Date US
Median
Arizona
Median
Apache County AZ
Median
Apache County AZ
Average
2017 $1,012 $1,020 $467 $487
2016 $996 $991 $504 $507
2015 $987 $960 $532 $490
2014 $956 $938 $457 $458
2013 $924 $909 $532 $527
2012 $912 $916 $508 $505
2011 $912 $890 $566 $539
2010 $927 $915 $600 $590
2009 $931 $950 $504 $529
2008 $947 $995 $451 $469
2007 $899 $933 $538 $480
2006 $909 $907 $598 $531

Apache 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 Apache County Arizona was 16.38% according to Census ACS data.

Rental Vacancy Rate in Apache County Arizona

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Arizona 5.99% -0.42% -2.12%
Apache County AZ 16.38% +1.74% +9.80%

Trends in Apache County AZ Rental Vacancy Rate

At 16.38%, Apache County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Apache County AZ, Arizona, US

Rental vacancy rate in Arizona

Historical Rental Vacancy Rate data for Apache County

Date US Arizona Apache County AZ
2017 6.18% 5.99% 16.38%
2016 5.89% 6.41% 14.64%
2015 5.85% 7.72% 8.08%
2014 6.32% 8.11% 6.58%
2013 6.49% 8.89% 12.64%
2012 6.77% 9.01% 13.25%
2011 7.40% 10.21% 2.14%
2010 8.17% 11.07%
2009 8.43% 12.62%
2008 7.86% 11.33%
2007 7.87% 9.22%
2006 7.70% 8.18%

Rent as a Fraction of Income

Using median household income data for Apache County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Apache County, median monthly gross rent as a fraction of median household income was 17.69% in 2017 according to the ACS.

Apache County Arizona Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Arizona 21.63% -0.24% -0.32%
Apache County AZ 17.69% +0.53% +1.51%

Trends in Apache County AZ Rent as a Fraction of Income

The fraction of median Apache County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 22.73%. Since then it has fallen by 5.04% to 17.69%. From a 2008 low of 15.39%, the fraction of income going to rent has increased by 2.31%.

Fraction of Income towards Rent: Apache County AZ, Arizona, US

Percent of median household income going towards median monthly gross rent in Apache County Arizona

Historical Data for Annual Rent as a Fraction of Income in Apache County Arizona

Date US Arizona Apache County AZ
2017 20.13% 21.63% 17.69%
2016 20.43% 21.87% 17.16%
2015 20.63% 21.74% 21.09%
2014 20.89% 21.95% 16.18%
2013 20.78% 22.02% 21.43%
2012 20.65% 22.28% 17.43%
2011 20.70% 21.84% 20.82%
2010 20.50% 21.65% 21.62%
2009 20.12% 21.15% 20.73%
2008 19.00% 20.39% 15.39%
2007 18.66% 19.70% 18.55%
2006 18.90% 19.35% 22.73%

Renter Fraction in Apache County Arizona

You can calculate the renter fraction in Apache 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 Apache County as a fraction of total Apache County households. In 2017 20.03% of households were renters according to Census ACS data.

Apache County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Arizona 35.28% -1.48% -3.58%
Apache County AZ 20.03% -1.55% -5.71%

Trends in the Apache County AZ Renter Fraction

The Apache County household renter fraction peaked in in 2009 at 25.91% and is now 5.88% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Apache County AZ, Arizona, US

Fraction of renters in Apache County

History of Apache County Renter Fraction

Date US Arizona Apache County AZ
2017 36.13% 35.28% 20.03%
2016 36.88% 36.76% 21.58%
2015 36.97% 38.09% 24.82%
2014 36.90% 38.86% 25.74%
2013 36.50% 37.94% 23.80%
2012 36.09% 37.44% 23.67%
2011 35.42% 36.27% 23.48%
2010 34.65% 34.75% 24.15%
2009 34.13% 32.94% 25.91%
2008 33.36% 31.88% 24.91%
2007 32.80% 31.91% 23.08%
2006 32.73% 31.55% 19.79%

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.