Department of Numbers

Marin County California Residential Rent and Rental Statistics

The median monthly gross residential rent in Marin County CA was $2,094 in 2017 according to the Census ACS survey.1 Average gross rent in Marin County was $2,013 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 Marin County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Marin 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%
Marin County CA Median Gross Rent $2,094 +7.33% +17.44%

Marin County CA Real Gross Rent Trends

At $2,094, real median gross rent in Marin County was at its highest level in 2017 since the series began in 2005. At $2,013, real average gross rent in Marin County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Marin County

Date US
Median
California
Median
Marin County CA
Median
Marin County CA
Average
2017 $1,012 $1,447 $2,094 $2,013
2016 $996 $1,396 $1,951 $2,002
2015 $987 $1,349 $1,833 $1,817
2014 $956 $1,298 $1,783 $1,813
2013 $924 $1,250 $1,667 $1,705
2012 $912 $1,238 $1,624 $1,650
2011 $912 $1,230 $1,550 $1,589
2010 $927 $1,260 $1,636 $1,685
2009 $931 $1,277 $1,759 $1,777
2008 $947 $1,304 $1,798 $1,802
2007 $899 $1,228 $1,616 $1,690
2006 $909 $1,225 $1,717 $1,786

Marin County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Marin County California was 1.62% according to Census ACS data.

Rental Vacancy Rate in Marin County California

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
California 3.49% +0.18% -0.41%
Marin County CA

Trends in Marin County CA Rental Vacancy Rate

The rental vacancy rate in Marin County peaked in 2006 at 4.41%. Since then it has fallen by 2.79% to 1.62%. Data records for this series originated in 2005.

Rental Vacancy Rate: Marin County CA, California, US

Rental vacancy rate in California

Historical Rental Vacancy Rate data for Marin County

Date US California Marin County CA
2017 6.18% 3.49%
2016 5.89% 3.31%
2015 5.85% 3.33% 1.62%
2014 6.32% 3.90% 1.80%
2013 6.49% 4.22% 2.13%
2012 6.77% 4.51% 3.87%
2011 7.40% 4.94% 3.59%
2010 8.17% 5.86% 3.50%
2009 8.43% 5.76% 3.91%
2008 7.86% 4.71% 2.49%
2007 7.87% 4.72% 2.33%
2006 7.70% 4.67% 4.41%

Rent as a Fraction of Income

Using median household income data for Marin County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Marin County, median monthly gross rent as a fraction of median household income was 22.06% in 2017 according to the ACS.

Marin 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%
Marin County CA 22.06% -0.14% +0.24%

Trends in Marin County CA Rent as a Fraction of Income

The fraction of median Marin County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 23.01%. Since then it has fallen by 0.95% to 22.06%. From a 2013 low of 20.28%, the fraction of income going to rent has increased by 1.78%.

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

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

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

Date US California Marin County CA
2017 20.13% 24.18% 22.06%
2016 20.43% 24.36% 22.20%
2015 20.63% 24.39% 21.24%
2014 20.89% 24.57% 21.82%
2013 20.78% 24.40% 20.28%
2012 20.65% 24.69% 20.86%
2011 20.70% 24.59% 23.01%
2010 20.50% 24.18% 21.61%
2009 20.12% 23.52% 21.45%
2008 19.00% 22.32% 20.42%
2007 18.66% 21.58% 20.29%
2006 18.90% 21.80% 21.16%

Renter Fraction in Marin County California

You can calculate the renter fraction in Marin 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 Marin County as a fraction of total Marin County households. In 2017 36.41% of households were renters according to Census ACS data.

Marin 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%
Marin County CA 36.41% -1.22% -2.03%

Trends in the Marin County CA Renter Fraction

The Marin County household renter fraction peaked in in 2011 at 40.57% and is now 4.16% below that level. The origin year for the series is 2005.

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

Fraction of renters in Marin County

History of Marin County Renter Fraction

Date US California Marin County CA
2017 36.13% 45.21% 36.41%
2016 36.88% 46.36% 37.63%
2015 36.97% 46.41% 36.45%
2014 36.90% 46.27% 38.44%
2013 36.50% 46.21% 34.34%
2012 36.09% 45.97% 37.57%
2011 35.42% 45.12% 40.57%
2010 34.65% 44.36% 35.31%
2009 34.13% 43.43% 37.74%
2008 33.36% 42.95% 35.06%
2007 32.80% 42.00% 34.93%
2006 32.73% 41.55% 35.00%

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.