Butte County California Residential Rent and Rental Statistics
The median monthly gross residential rent in Butte County CA was $1,087 in 2019 according to the Census ACS survey.1 Average gross rent in Butte County was $1,141 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 Butte County median and average rent data will be released in September of 2021.
Data is also available below for Butte County rental vacancy rates, Butte County rent as a percent of median income and the fraction of renters in Butte County.
Real Gross Rent in Butte County California (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| California Median Gross Rent | $1,614 | +4.33% | +12.08% |
| Butte County CA Median Gross Rent | $1,087 | +0.18% | +5.23% |
Butte County CA Real Gross Rent Trends
At $1,087, real median gross rent in Butte County was at its highest level in 2019 since the series began in 2005. At $1,141, real average gross rent in Butte County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Butte County CA Median, Butte County CA Average, California Median, US Median
Real Gross Rent History for Butte County
| Date | US Median |
California Median |
Butte County CA Median |
Butte County CA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,614 | $1,087 | $1,141 |
| 2018 | $1,077 | $1,547 | $1,085 | $1,070 |
| 2017 | $1,043 | $1,492 | $1,031 | $1,051 |
| 2016 | $1,027 | $1,440 | $1,033 | $1,096 |
| 2015 | $1,017 | $1,391 | $999 | $1,012 |
| 2014 | $986 | $1,339 | $936 | $945 |
| 2013 | $953 | $1,289 | $910 | $977 |
| 2012 | $940 | $1,277 | $948 | $970 |
| 2011 | $941 | $1,268 | $893 | $913 |
| 2010 | $955 | $1,300 | $963 | $1,007 |
| 2009 | $960 | $1,316 | $925 | $977 |
| 2007 | $927 | $1,266 | $961 | $982 |
| 2005 | $910 | $1,216 | $939 | $925 |
Butte County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Butte County California was 5.64% according to Census ACS data.
Rental Vacancy Rate in Butte County California
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| California | 4.06% | +0.09% | +0.75% |
| Butte County CA | 5.64% | -2.06% | -2.21% |
Trends in Butte County CA Rental Vacancy Rate
The rental vacancy rate in Butte County peaked in 2015 at 7.88%. Since then it has fallen by 2.24% to 5.64%. Data records for this series originated in 2005.
Rental Vacancy Rate: Butte County CA, California, US
Historical Rental Vacancy Rate data for Butte County
| Date | US | California | Butte County CA |
|---|---|---|---|
| 2019 | 5.97% | 4.06% | 5.64% |
| 2018 | 6.15% | 3.97% | 7.70% |
| 2017 | 6.18% | 3.49% | 7.59% |
| 2016 | 5.89% | 3.31% | 7.85% |
| 2015 | 5.85% | 3.33% | 7.88% |
| 2014 | 6.32% | 3.90% | 5.74% |
| 2013 | 6.49% | 4.22% | 3.33% |
| 2012 | 6.77% | 4.51% | 5.75% |
| 2011 | 7.40% | 4.94% | 4.54% |
| 2010 | 8.17% | 5.86% | 4.95% |
| 2009 | 8.43% | 5.76% | 6.09% |
| 2007 | 7.87% | 4.72% | 3.74% |
| 2005 | 7.74% | 4.61% | 4.37% |
Rent as a Fraction of Income
Using median household income data for Butte County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Butte County, median monthly gross rent as a fraction of median household income was 20.85% in 2019 according to the ACS.
Butte County California Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| California | 24.08% | -0.15% | -0.28% |
| Butte County CA | 20.85% | -3.92% | -5.37% |
Trends in Butte County CA Rent as a Fraction of Income
The fraction of median Butte County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 26.22%. Since then it has fallen by 5.37% to 20.85%.
Fraction of Income towards Rent: Butte County CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Butte County California
| Date | US | California | Butte County CA |
|---|---|---|---|
| 2019 | 20.03% | 24.08% | 20.85% |
| 2018 | 20.50% | 24.23% | 24.77% |
| 2017 | 20.13% | 24.18% | 24.46% |
| 2016 | 20.43% | 24.36% | 26.22% |
| 2015 | 20.63% | 24.39% | 24.77% |
| 2014 | 20.89% | 24.57% | 25.12% |
| 2013 | 20.78% | 24.40% | 24.25% |
| 2012 | 20.65% | 24.69% | 26.10% |
| 2011 | 20.70% | 24.59% | 25.33% |
| 2010 | 20.50% | 24.18% | 24.83% |
| 2009 | 20.12% | 23.52% | 23.32% |
| 2007 | 18.66% | 21.58% | 24.83% |
| 2005 | 18.89% | 21.77% | 24.62% |
Renter Fraction in Butte County California
You can calculate the renter fraction in Butte 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 Butte County as a fraction of total Butte County households. In 2019 40.87% of households were renters according to Census ACS data.
Butte County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| California | 45.14% | -0.04% | -1.22% |
| Butte County CA | 40.87% | -0.53% | -0.01% |
Trends in the Butte County CA Renter Fraction
The Butte County household renter fraction peaked in in 2005 at 42.89% and is now 2.02% below that level. From a recent low of 38.61% in 2009, the household based renter fraction has now grown by 2.26%. The origin year for the series is 2005.
Fraction of Renting Households: Butte County CA, California, US
History of Butte County Renter Fraction
| Date | US | California | Butte County CA |
|---|---|---|---|
| 2019 | 35.89% | 45.14% | 40.87% |
| 2018 | 36.05% | 45.18% | 41.40% |
| 2017 | 36.13% | 45.21% | 42.00% |
| 2016 | 36.88% | 46.36% | 40.88% |
| 2015 | 36.97% | 46.41% | 42.46% |
| 2014 | 36.90% | 46.27% | 40.68% |
| 2013 | 36.50% | 46.21% | 42.51% |
| 2012 | 36.09% | 45.97% | 40.56% |
| 2011 | 35.42% | 45.12% | 41.72% |
| 2010 | 34.65% | 44.36% | 40.53% |
| 2009 | 34.13% | 43.43% | 38.61% |
| 2007 | 32.80% | 42.00% | 41.11% |
| 2005 | 33.10% | 41.56% | 42.89% |
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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