Department of Numbers

Litchfield County Connecticut Residential Rent and Rental Statistics

The median monthly gross residential rent in Litchfield County CT was $996 in 2017 according to the Census ACS survey.1 Average gross rent in Litchfield County was $992 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 Litchfield County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Litchfield County Connecticut (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Connecticut Median Gross Rent $1,125 -0.62% +2.09%
Litchfield County CT Median Gross Rent $996 -2.64% -0.30%

Litchfield County CT Real Gross Rent Trends

Median gross rent for Litchfield County peaked in real terms in 2015 at $1,025 and is now $29 (2.83%) lower. Average gross rent for Litchfield County peaked in real terms in 2008 at $1,050 and is now $58 (5.52%) lower.

Real Gross Rent: Litchfield County CT Median, Litchfield County CT Average, Connecticut Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Litchfield County

Date US
Median
Connecticut
Median
Litchfield County CT
Median
Litchfield County CT
Average
2017 $1,012 $1,125 $996 $992
2016 $996 $1,132 $1,023 $998
2015 $987 $1,140 $1,025 $980
2014 $956 $1,102 $999 $1,024
2013 $924 $1,062 $901 $902
2012 $912 $1,051 $936 $910
2011 $912 $1,070 $976 $921
2010 $927 $1,075 $965 $921
2009 $931 $1,112 $965 $982
2008 $947 $1,114 $992 $1,050
2007 $899 $1,061 $930 $885
2006 $909 $1,055 $977 $946

Litchfield County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Litchfield County Connecticut was 8.10% according to Census ACS data.

Rental Vacancy Rate in Litchfield County Connecticut

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Connecticut 7.02% +1.46% +0.30%
Litchfield County CT 8.10% +1.40%

Trends in Litchfield County CT Rental Vacancy Rate

The rental vacancy rate in Litchfield County peaked in 2005 at 12.53%. Since then it has fallen by 4.43% to 8.10%. Data records for this series originated in 2005. From a 2012 post peak low of 1.61%, the rental vacancy rate has increased by 6.49%.

Rental Vacancy Rate: Litchfield County CT, Connecticut, US

Rental vacancy rate in Connecticut

Historical Rental Vacancy Rate data for Litchfield County

Date US Connecticut Litchfield County CT
2017 6.18% 7.02% 8.10%
2016 5.89% 5.56%
2015 5.85% 6.78% 5.62%
2014 6.32% 6.72% 6.70%
2013 6.49% 6.58%
2012 6.77% 6.97% 1.61%
2011 7.40% 7.87% 6.69%
2010 8.17% 7.09% 7.46%
2009 8.43% 7.84% 8.51%
2008 7.86% 7.27% 9.33%
2007 7.87% 7.33% 4.66%
2006 7.70% 6.16% 5.10%

Rent as a Fraction of Income

Using median household income data for Litchfield County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Litchfield County, median monthly gross rent as a fraction of median household income was 15.24% in 2017 according to the ACS.

Litchfield County Connecticut Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Connecticut 18.20% -0.02% -0.23%
Litchfield County CT 15.24% -0.46% -0.64%

Trends in Litchfield County CT Rent as a Fraction of Income

The fraction of median Litchfield County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 16.91%. Since then it has fallen by 1.68% to 15.24%.

Fraction of Income towards Rent: Litchfield County CT, Connecticut, US

Percent of median household income going towards median monthly gross rent in Litchfield County Connecticut

Historical Data for Annual Rent as a Fraction of Income in Litchfield County Connecticut

Date US Connecticut Litchfield County CT
2017 20.13% 18.20% 15.24%
2016 20.43% 18.22% 15.69%
2015 20.63% 18.64% 16.91%
2014 20.89% 18.43% 15.88%
2013 20.78% 18.60% 14.91%
2012 20.65% 18.18% 16.09%
2011 20.70% 18.63% 16.19%
2010 20.50% 18.59% 16.11%
2009 20.12% 18.01% 15.44%
2008 19.00% 16.97% 15.41%
2007 18.66% 16.94% 14.31%
2006 18.90% 16.76% 14.76%

Renter Fraction in Litchfield County Connecticut

You can calculate the renter fraction in Litchfield 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 Litchfield County as a fraction of total Litchfield County households. In 2017 23.26% of households were renters according to Census ACS data.

Litchfield County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Connecticut 33.80% -1.43% +0.18%
Litchfield County CT 23.26% -1.10% +0.26%

Trends in the Litchfield County CT Renter Fraction

The Litchfield County household renter fraction peaked in in 2016 at 24.36% and is now 1.10% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Litchfield County CT, Connecticut, US

Fraction of renters in Litchfield County

History of Litchfield County Renter Fraction

Date US Connecticut Litchfield County CT
2017 36.13% 33.80% 23.26%
2016 36.88% 35.23% 24.36%
2015 36.97% 33.84% 23.36%
2014 36.90% 33.62% 23.00%
2013 36.50% 33.69% 24.30%
2012 36.09% 33.09% 22.91%
2011 35.42% 32.60% 21.85%
2010 34.65% 32.03% 21.24%
2009 34.13% 31.15% 21.37%
2008 33.36% 31.01% 22.00%
2007 32.80% 29.97% 21.37%
2006 32.73% 30.48% 22.56%

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.