Department of Numbers

Saline County Arkansas Residential Rent and Rental Statistics

The median monthly gross residential rent in Saline County AR was $835 in 2017 according to the Census ACS survey.1 Average gross rent in Saline County was $783 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 Saline County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Saline County Arkansas (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Arkansas Median Gross Rent $711 -0.14% +1.72%
Saline County AR Median Gross Rent $835 +9.87% +4.90%

Saline County AR Real Gross Rent Trends

Median gross rent for Saline County peaked in real terms in 2011 at $844 and is now $9 (1.07%) lower. Average gross rent for Saline County peaked in real terms in 2011 at $855 and is now $72 (8.42%) lower.

Real Gross Rent: Saline County AR Median, Saline County AR Average, Arkansas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Saline County

Date US
Median
Arkansas
Median
Saline County AR
Median
Saline County AR
Average
2017 $1,012 $711 $835 $783
2016 $996 $712 $760 $784
2015 $987 $715 $843 $822
2014 $956 $699 $796 $812
2013 $924 $673 $789 $775
2012 $912 $660 $790 $789
2011 $912 $669 $844 $855
2010 $927 $691 $737 $697
2009 $931 $670 $805 $744
2008 $947 $696 $801 $774
2007 $899 $653 $792 $710
2006 $909 $674 $800 $762

Saline County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Saline County Arkansas was 6.25% according to Census ACS data.

Rental Vacancy Rate in Saline County Arkansas

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Arkansas 8.22% +0.16% -1.38%
Saline County AR

Trends in Saline County AR Rental Vacancy Rate

The rental vacancy rate in Saline County peaked in 2010 at 11.10%. Since then it has fallen by 4.85% to 6.25%. Data records for this series originated in 2005. From a 2012 post peak low of 4.16%, the rental vacancy rate has increased by 2.09%.

Rental Vacancy Rate: Saline County AR, Arkansas, US

Rental vacancy rate in Arkansas

Historical Rental Vacancy Rate data for Saline County

Date US Arkansas Saline County AR
2017 6.18% 8.22%
2016 5.89% 8.06%
2015 5.85% 8.50%
2014 6.32% 9.60% 6.25%
2013 6.49% 9.66% 8.58%
2012 6.77% 9.13% 4.16%
2011 7.40% 10.00% 6.76%
2010 8.17% 10.46% 11.10%
2009 8.43% 10.48%
2008 7.86% 9.53%
2007 7.87% 8.73% 7.39%
2006 7.70% 8.03%

Rent as a Fraction of Income

Using median household income data for Saline County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Saline County, median monthly gross rent as a fraction of median household income was 16.80% in 2017 according to the ACS.

Saline County Arkansas Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Arkansas 18.60% -0.37% -1.26%
Saline County AR 16.80% +2.98% -0.49%

Trends in Saline County AR Rent as a Fraction of Income

The fraction of median Saline County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.06%. Since then it has fallen by 1.26% to 16.80%. From a 2016 low of 13.82%, the fraction of income going to rent has increased by 2.98%.

Fraction of Income towards Rent: Saline County AR, Arkansas, US

Percent of median household income going towards median monthly gross rent in Saline County Arkansas

Historical Data for Annual Rent as a Fraction of Income in Saline County Arkansas

Date US Arkansas Saline County AR
2017 20.13% 18.60% 16.80%
2016 20.43% 18.97% 13.82%
2015 20.63% 19.86% 17.85%
2014 20.89% 19.86% 17.29%
2013 20.78% 19.52% 17.47%
2012 20.65% 19.15% 15.85%
2011 20.70% 19.78% 18.06%
2010 20.50% 19.99% 15.49%
2009 20.12% 19.23% 17.00%
2008 19.00% 18.74% 17.41%
2007 18.66% 18.03% 16.65%
2006 18.90% 18.56% 17.01%

Renter Fraction in Saline County Arkansas

You can calculate the renter fraction in Saline 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 Saline County as a fraction of total Saline County households. In 2017 21.31% of households were renters according to Census ACS data.

Saline County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Arkansas 34.75% -0.70% +0.54%
Saline County AR 21.31% +0.97% -5.22%

Trends in the Saline County AR Renter Fraction

The Saline County household renter fraction peaked in in 2009 at 26.64% and is now 5.33% below that level. From a recent low of 18.79% in 2012, the household based renter fraction has now grown by 2.52%. The origin year for the series is 2005.

Fraction of Renting Households: Saline County AR, Arkansas, US

Fraction of renters in Saline County

History of Saline County Renter Fraction

Date US Arkansas Saline County AR
2017 36.13% 34.75% 21.31%
2016 36.88% 35.45% 20.34%
2015 36.97% 34.83% 24.33%
2014 36.90% 34.21% 26.53%
2013 36.50% 34.28% 21.80%
2012 36.09% 33.76% 18.79%
2011 35.42% 33.40% 24.10%
2010 34.65% 32.59% 19.94%
2009 34.13% 33.96% 26.64%
2008 33.36% 32.62% 23.89%
2007 32.80% 32.27% 23.48%
2006 32.73% 31.72% 21.68%

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.