Department of Numbers

Kings County California Residential Rent and Rental Statistics

The median monthly gross residential rent in Kings County CA was $876 in 2017 according to the Census ACS survey.1 Average gross rent in Kings County was $907 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 Kings County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Kings County California (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
California Median Gross Rent $1,447 +3.65% +11.48%
Kings County CA Median Gross Rent $876 -9.69% +0.11%

Kings County CA Real Gross Rent Trends

Median gross rent for Kings County peaked in real terms in 2008 at $1,005 and is now $129 (12.84%) lower. Average gross rent for Kings County peaked in real terms in 2008 at $961 and is now $54 (5.62%) lower.

Real Gross Rent: Kings County CA Median, Kings County CA Average, California Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Kings County

Date US
Median
California
Median
Kings County CA
Median
Kings County CA
Average
2017 $1,012 $1,447 $876 $907
2016 $996 $1,396 $970 $933
2015 $987 $1,349 $918 $925
2014 $956 $1,298 $875 $895
2013 $924 $1,250 $843 $876
2012 $912 $1,238 $820 $888
2011 $912 $1,230 $960 $921
2010 $927 $1,260 $893 $871
2009 $931 $1,277 $942 $895
2008 $947 $1,304 $1,005 $961
2007 $899 $1,228 $816 $777
2006 $909 $1,225 $838 $748

Historical Rental Vacancy Rate data for Kings County

Date US California Kings County CA
2017 6.18% 3.49%
2016 5.89% 3.31%
2015 5.85% 3.33%
2014 6.32% 3.90%
2013 6.49% 4.22%
2012 6.77% 4.51%
2011 7.40% 4.94%
2010 8.17% 5.86%
2009 8.43% 5.76% 4.60%
2008 7.86% 4.71%
2007 7.87% 4.72%
2006 7.70% 4.67%

Rent as a Fraction of Income

Using median household income data for Kings County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kings County, median monthly gross rent as a fraction of median household income was 18.26% in 2017 according to the ACS.

Kings County California Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
California 24.18% -0.18% -0.39%
Kings County CA 18.26% -3.26% -5.72%

Trends in Kings County CA Rent as a Fraction of Income

The fraction of median Kings County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 23.98%. Since then it has fallen by 5.72% to 18.26%.

Fraction of Income towards Rent: Kings County CA, California, US

Percent of median household income going towards median monthly gross rent in Kings County California

Historical Data for Annual Rent as a Fraction of Income in Kings County California

Date US California Kings County CA
2017 20.13% 24.18% 18.26%
2016 20.43% 24.36% 21.53%
2015 20.63% 24.39% 23.40%
2014 20.89% 24.57% 23.98%
2013 20.78% 24.40% 21.63%
2012 20.65% 24.69% 20.77%
2011 20.70% 24.59% 21.83%
2010 20.50% 24.18% 22.17%
2009 20.12% 23.52% 22.97%
2008 19.00% 22.32% 20.60%
2007 18.66% 21.58% 18.38%
2006 18.90% 21.80% 19.57%

Renter Fraction in Kings County California

You can calculate the renter fraction in Kings 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 Kings County as a fraction of total Kings County households. In 2017 44.67% of households were renters according to Census ACS data.

Kings County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
California 45.21% -1.15% -1.06%
Kings County CA 44.67% -6.68% -3.92%

Trends in the Kings County CA Renter Fraction

The Kings County household renter fraction peaked in in 2015 at 51.81% and is now 7.14% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Kings County CA, California, US

Fraction of renters in Kings County

History of Kings County Renter Fraction

Date US California Kings County CA
2017 36.13% 45.21% 44.67%
2016 36.88% 46.36% 51.35%
2015 36.97% 46.41% 51.81%
2014 36.90% 46.27% 48.59%
2013 36.50% 46.21% 49.56%
2012 36.09% 45.97% 51.02%
2011 35.42% 45.12% 44.06%
2010 34.65% 44.36% 48.67%
2009 34.13% 43.43% 49.36%
2008 33.36% 42.95% 44.66%
2007 32.80% 42.00% 39.68%
2006 32.73% 41.55% 43.65%

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.