Department of Numbers

Shasta County California Residential Rent and Rental Statistics

The median monthly gross residential rent in Shasta County CA was $984 in 2017 according to the Census ACS survey.1 Average gross rent in Shasta County was $1,048 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 Shasta County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Shasta 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%
Shasta County CA Median Gross Rent $984 -0.61% +4.90%

Shasta County CA Real Gross Rent Trends

Median gross rent for Shasta County peaked in real terms in 2008 at $994 and is now $10 (1.01%) lower. At $1,048, real average gross rent in Shasta County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Shasta County

Date US
Median
California
Median
Shasta County CA
Median
Shasta County CA
Average
2017 $1,012 $1,447 $984 $1,048
2016 $996 $1,396 $990 $1,019
2015 $987 $1,349 $946 $963
2014 $956 $1,298 $938 $983
2013 $924 $1,250 $912 $934
2012 $912 $1,238 $942 $994
2011 $912 $1,230 $919 $956
2010 $927 $1,260 $959 $998
2009 $931 $1,277 $936 $948
2008 $947 $1,304 $994 $953
2007 $899 $1,228 $898 $861
2006 $909 $1,225 $884 $909

Shasta County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Shasta County California was 2.32% according to Census ACS data.

Rental Vacancy Rate in Shasta County California

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

Trends in Shasta County CA Rental Vacancy Rate

The rental vacancy rate in Shasta County peaked in 2009 at 13.21%. Since then it has fallen by 10.89% to 2.32%. Data records for this series originated in 2005.

Rental Vacancy Rate: Shasta County CA, California, US

Rental vacancy rate in California

Historical Rental Vacancy Rate data for Shasta County

Date US California Shasta County CA
2017 6.18% 3.49%
2016 5.89% 3.31% 2.32%
2015 5.85% 3.33% 2.87%
2014 6.32% 3.90% 2.81%
2013 6.49% 4.22% 3.71%
2012 6.77% 4.51% 6.99%
2011 7.40% 4.94% 6.59%
2010 8.17% 5.86% 9.65%
2009 8.43% 5.76% 13.21%
2008 7.86% 4.71% 5.15%
2007 7.87% 4.72% 5.75%
2006 7.70% 4.67% 3.04%

Rent as a Fraction of Income

Using median household income data for Shasta County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Shasta County, median monthly gross rent as a fraction of median household income was 22.52% in 2017 according to the ACS.

Shasta 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%
Shasta County CA 22.52% -2.52% -2.63%

Trends in Shasta County CA Rent as a Fraction of Income

The fraction of median Shasta County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 26.57%. Since then it has fallen by 4.05% to 22.52%.

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

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

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

Date US California Shasta County CA
2017 20.13% 24.18% 22.52%
2016 20.43% 24.36% 25.04%
2015 20.63% 24.39% 23.62%
2014 20.89% 24.57% 25.15%
2013 20.78% 24.40% 26.57%
2012 20.65% 24.69% 24.11%
2011 20.70% 24.59% 25.02%
2010 20.50% 24.18% 25.89%
2009 20.12% 23.52% 23.70%
2008 19.00% 22.32% 24.68%
2007 18.66% 21.58% 22.57%
2006 18.90% 21.80% 20.18%

Renter Fraction in Shasta County California

You can calculate the renter fraction in Shasta 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 Shasta County as a fraction of total Shasta County households. In 2017 35.47% of households were renters according to Census ACS data.

Shasta 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%
Shasta County CA 35.47% +0.87% -3.00%

Trends in the Shasta County CA Renter Fraction

The Shasta County household renter fraction peaked in in 2013 at 38.79% and is now 3.32% below that level. The origin year for the series is 2005.

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

Fraction of renters in Shasta County

History of Shasta County Renter Fraction

Date US California Shasta County CA
2017 36.13% 45.21% 35.47%
2016 36.88% 46.36% 34.60%
2015 36.97% 46.41% 38.47%
2014 36.90% 46.27% 38.47%
2013 36.50% 46.21% 38.79%
2012 36.09% 45.97% 38.00%
2011 35.42% 45.12% 34.51%
2010 34.65% 44.36% 34.18%
2009 34.13% 43.43% 35.51%
2008 33.36% 42.95% 34.88%
2007 32.80% 42.00% 35.81%
2006 32.73% 41.55% 34.36%

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.