Department of Numbers

Pinal County Arizona Residential Rent and Rental Statistics

The median monthly gross residential rent in Pinal County AZ was $1,011 in 2017 according to the Census ACS survey.1 Average gross rent in Pinal County was $838 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 Pinal County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Pinal 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%
Pinal County AZ Median Gross Rent $1,011 +0.50% +0.70%

Pinal County AZ Real Gross Rent Trends

Median gross rent for Pinal County peaked in real terms in 2009 at $1,042 and is now $31 (2.98%) lower. Average gross rent for Pinal County peaked in real terms in 2011 at $949 and is now $111 (11.70%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Pinal County

Date US
Median
Arizona
Median
Pinal County AZ
Median
Pinal County AZ
Average
2017 $1,012 $1,020 $1,011 $838
2016 $996 $991 $1,006 $894
2015 $987 $960 $1,012 $876
2014 $956 $938 $1,004 $815
2013 $924 $909 $989 $882
2012 $912 $916 $980 $885
2011 $912 $890 $1,023 $949
2010 $927 $915 $923 $851
2009 $931 $950 $1,042 $912
2008 $947 $995 $910 $884
2007 $899 $933 $899 $823
2006 $909 $907 $788 $760

Pinal 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 Pinal County Arizona was 7.58% according to Census ACS data.

Rental Vacancy Rate in Pinal County Arizona

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Arizona 5.99% -0.42% -2.12%
Pinal County AZ 7.58% +2.85% +1.50%

Trends in Pinal County AZ Rental Vacancy Rate

The rental vacancy rate in Pinal County peaked in 2010 at 20.55%. Since then it has fallen by 12.97% to 7.58%. Data records for this series originated in 2005. From a 2016 post peak low of 4.73%, the rental vacancy rate has increased by 2.85%.

Rental Vacancy Rate: Pinal County AZ, Arizona, US

Rental vacancy rate in Arizona

Historical Rental Vacancy Rate data for Pinal County

Date US Arizona Pinal County AZ
2017 6.18% 5.99% 7.58%
2016 5.89% 6.41% 4.73%
2015 5.85% 7.72% 8.52%
2014 6.32% 8.11% 6.08%
2013 6.49% 8.89% 9.21%
2012 6.77% 9.01% 8.95%
2011 7.40% 10.21% 9.03%
2010 8.17% 11.07% 20.55%
2009 8.43% 12.62% 18.50%
2008 7.86% 11.33% 9.39%
2007 7.87% 9.22% 9.00%
2006 7.70% 8.18% 7.60%

Rent as a Fraction of Income

Using median household income data for Pinal County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Pinal County, median monthly gross rent as a fraction of median household income was 22.98% in 2017 according to the ACS.

Pinal 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%
Pinal County AZ 22.98% +0.35% -0.62%

Trends in Pinal County AZ Rent as a Fraction of Income

The fraction of median Pinal County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 26.58%. Since then it has fallen by 3.60% to 22.98%.

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

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

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

Date US Arizona Pinal County AZ
2017 20.13% 21.63% 22.98%
2016 20.43% 21.87% 22.63%
2015 20.63% 21.74% 23.26%
2014 20.89% 21.95% 23.61%
2013 20.78% 22.02% 23.35%
2012 20.65% 22.28% 22.57%
2011 20.70% 21.84% 26.58%
2010 20.50% 21.65% 20.40%
2009 20.12% 21.15% 23.16%
2008 19.00% 20.39% 19.19%
2007 18.66% 19.70% 18.85%
2006 18.90% 19.35% 18.41%

Renter Fraction in Pinal County Arizona

You can calculate the renter fraction in Pinal 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 Pinal County as a fraction of total Pinal County households. In 2017 25.53% of households were renters according to Census ACS data.

Pinal 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%
Pinal County AZ 25.53% +1.53% -7.15%

Trends in the Pinal County AZ Renter Fraction

The Pinal County household renter fraction peaked in in 2014 at 32.68% and is now 7.15% below that level. The origin year for the series is 2005.

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

Fraction of renters in Pinal County

History of Pinal County Renter Fraction

Date US Arizona Pinal County AZ
2017 36.13% 35.28% 25.53%
2016 36.88% 36.76% 24.00%
2015 36.97% 38.09% 25.12%
2014 36.90% 38.86% 32.68%
2013 36.50% 37.94% 30.65%
2012 36.09% 37.44% 25.43%
2011 35.42% 36.27% 25.65%
2010 34.65% 34.75% 21.76%
2009 34.13% 32.94% 22.67%
2008 33.36% 31.88% 27.10%
2007 32.80% 31.91% 25.01%
2006 32.73% 31.55% 22.83%

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.