Douglas County Colorado Residential Rent and Rental Statistics
The median monthly gross residential rent in Douglas County CO was $1,761 in 2019 according to the Census ACS survey.1 Average gross rent in Douglas County was $1,764 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 Douglas County median and average rent data will be released in September of 2021.
Data is also available below for Douglas County rental vacancy rates, Douglas County rent as a percent of median income and the fraction of renters in Douglas County.
Real Gross Rent in Douglas County Colorado (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Colorado Median Gross Rent | $1,369 | +4.34% | +11.66% |
| Douglas County CO Median Gross Rent | $1,761 | +1.50% | +10.06% |
Douglas County CO Real Gross Rent Trends
At $1,761, real median gross rent in Douglas County was at its highest level in 2019 since the series began in 2005. Average gross rent for Douglas County peaked in real terms in 2018 at $1,786 and is now $22 (1.23%) lower.
Real Gross Rent: Douglas County CO Median, Douglas County CO Average, Colorado Median, US Median
Real Gross Rent History for Douglas County
| Date | US Median |
Colorado Median |
Douglas County CO Median |
Douglas County CO Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,369 | $1,761 | $1,764 |
| 2018 | $1,077 | $1,312 | $1,735 | $1,786 |
| 2017 | $1,043 | $1,279 | $1,682 | $1,710 |
| 2016 | $1,027 | $1,226 | $1,600 | $1,673 |
| 2015 | $1,017 | $1,179 | $1,657 | $1,741 |
| 2014 | $986 | $1,077 | $1,527 | $1,608 |
| 2013 | $953 | $1,023 | $1,497 | $1,573 |
| 2012 | $940 | $994 | $1,286 | $1,411 |
| 2011 | $941 | $972 | $1,365 | $1,441 |
| 2010 | $955 | $964 | $1,382 | $1,462 |
| 2009 | $960 | $970 | $1,321 | $1,418 |
| 2007 | $927 | $926 | $1,251 | $1,337 |
| 2005 | $910 | $946 | $1,215 | $1,299 |
Douglas 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 Douglas County Colorado was 6.62% according to Census ACS data.
Rental Vacancy Rate in Douglas County Colorado
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Colorado | 4.60% | -0.67% | +0.31% |
| Douglas County CO | 6.62% | +4.78% | +2.37% |
Trends in Douglas County CO Rental Vacancy Rate
The rental vacancy rate in Douglas County peaked in 2017 at 7.97%. Since then it has fallen by 1.35% to 6.62%. Data records for this series originated in 2005. From a 2018 post peak low of 1.84%, the rental vacancy rate has increased by 4.78%.
Rental Vacancy Rate: Douglas County CO, Colorado, US
Historical Rental Vacancy Rate data for Douglas County
| Date | US | Colorado | Douglas County CO |
|---|---|---|---|
| 2019 | 5.97% | 4.60% | 6.62% |
| 2018 | 6.15% | 5.27% | 1.84% |
| 2017 | 6.18% | 5.18% | 7.97% |
| 2016 | 5.89% | 4.29% | 4.25% |
| 2015 | 5.85% | 4.47% | 2.18% |
| 2014 | 6.32% | 4.85% | 7.41% |
| 2013 | 6.49% | 5.26% | 3.87% |
| 2012 | 6.77% | 5.69% | 7.70% |
| 2011 | 7.40% | 5.63% | 4.98% |
| 2010 | 8.17% | 6.72% | 5.49% |
| 2009 | 8.43% | 8.00% | 6.92% |
| 2007 | 7.87% | 8.63% | 6.99% |
| 2005 | 7.74% | 9.35% | — |
Rent as a Fraction of Income
Using median household income data for Douglas County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Douglas County, median monthly gross rent as a fraction of median household income was 17.20% in 2019 according to the ACS.
Douglas County Colorado Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Colorado | 21.30% | -0.20% | -0.09% |
| Douglas County CO | 17.20% | +0.10% | +0.42% |
Trends in Douglas County CO Rent as a Fraction of Income
The fraction of median Douglas County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 17.56%. Since then it has fallen by 0.36% to 17.20%.
Fraction of Income towards Rent: Douglas County CO, Colorado, US
Historical Data for Annual Rent as a Fraction of Income in Douglas County Colorado
| Date | US | Colorado | Douglas County CO |
|---|---|---|---|
| 2019 | 20.03% | 21.30% | 17.20% |
| 2018 | 20.50% | 21.50% | 17.09% |
| 2017 | 20.13% | 21.53% | 17.56% |
| 2016 | 20.43% | 21.39% | 16.78% |
| 2015 | 20.63% | 20.86% | 17.41% |
| 2014 | 20.89% | 19.97% | 16.81% |
| 2013 | 20.78% | 19.81% | 16.57% |
| 2012 | 20.65% | 19.74% | 15.22% |
| 2011 | 20.70% | 19.50% | 16.21% |
| 2010 | 20.50% | 19.16% | 15.64% |
| 2009 | 20.12% | 18.42% | 13.99% |
| 2007 | 18.66% | 17.13% | 13.77% |
| 2005 | 18.89% | 17.93% | 13.30% |
Renter Fraction in Douglas County Colorado
You can calculate the renter fraction in Douglas 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 Douglas County as a fraction of total Douglas County households. In 2019 20.76% of households were renters according to Census ACS data.
Douglas County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Colorado | 34.15% | -0.71% | -1.09% |
| Douglas County CO | 20.76% | -0.80% | +0.20% |
Trends in the Douglas County CO Renter Fraction
The Douglas County household renter fraction peaked in in 2011 at 22.38% and is now 1.62% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Douglas County CO, Colorado, US
History of Douglas County Renter Fraction
| Date | US | Colorado | Douglas County CO |
|---|---|---|---|
| 2019 | 35.89% | 34.15% | 20.76% |
| 2018 | 36.05% | 34.86% | 21.56% |
| 2017 | 36.13% | 34.80% | 22.11% |
| 2016 | 36.88% | 35.24% | 20.56% |
| 2015 | 36.97% | 36.25% | 22.32% |
| 2014 | 36.90% | 36.14% | 20.66% |
| 2013 | 36.50% | 35.49% | 20.02% |
| 2012 | 36.09% | 35.97% | 18.86% |
| 2011 | 35.42% | 35.62% | 22.38% |
| 2010 | 34.65% | 34.06% | 17.92% |
| 2009 | 34.13% | 32.99% | 17.51% |
| 2007 | 32.80% | 31.17% | 17.63% |
| 2005 | 33.10% | 32.18% | 18.30% |
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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