Department of Numbers

Columbia County Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in Columbia County FL was $807 in 2017 according to the Census ACS survey.1 Average gross rent in Columbia County was $722 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 Columbia County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Columbia County Florida (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Florida Median Gross Rent $1,128 +2.27% +9.83%
Columbia County FL Median Gross Rent $807 -2.89% +9.35%

Columbia County FL Real Gross Rent Trends

Median gross rent for Columbia County peaked in real terms in 2016 at $831 and is now $24 (2.89%) lower. Average gross rent for Columbia County peaked in real terms in 2009 at $814 and is now $92 (11.30%) lower. From a recent low of 638.0 in 2016, real average gross rent has now increased by $84 (13.17%).

Real Gross Rent: Columbia County FL Median, Columbia County FL Average, Florida Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Columbia County

Date US
Median
Florida
Median
Columbia County FL
Median
Columbia County FL
Average
2017 $1,012 $1,128 $807 $722
2016 $996 $1,103 $831 $638
2015 $987 $1,076 $799 $774
2014 $956 $1,027 $738 $764
2013 $924 $993 $808 $679
2012 $912 $984 $762 $743
2011 $912 $994 $807 $764
2010 $927 $1,026 $773 $712
2009 $931 $1,052 $829 $814
2008 $947 $1,088 $691 $649
2007 $899 $1,054 $735 $709
2006 $909 $1,038 $684 $660

Columbia 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 Columbia County Florida was 12.34% according to Census ACS data.

Rental Vacancy Rate in Columbia County Florida

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Florida 9.16% +0.86% +0.50%
Columbia County FL 12.34% +2.18% -0.32%

Trends in Columbia County FL Rental Vacancy Rate

The rental vacancy rate in Columbia County peaked in 2014 at 12.66%. Since then it has fallen by 0.32% to 12.34%. Data records for this series originated in 2006. From a 2015 post peak low of 2.81%, the rental vacancy rate has increased by 9.53%.

Rental Vacancy Rate: Columbia County FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for Columbia County

Date US Florida Columbia County FL
2017 6.18% 9.16% 12.34%
2016 5.89% 8.30% 10.16%
2015 5.85% 7.79% 2.81%
2014 6.32% 8.66% 12.66%
2013 6.49% 9.22%
2012 6.77% 9.37% 11.25%
2011 7.40% 10.91% 9.29%
2010 8.17% 12.17% 4.93%
2009 8.43% 13.16% 6.98%
2008 7.86% 12.67%
2007 7.87% 11.55%
2006 7.70% 8.32%

Rent as a Fraction of Income

Using median household income data for Columbia County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Columbia County, median monthly gross rent as a fraction of median household income was 23.73% in 2017 according to the ACS.

Columbia County Florida Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Florida 25.74% +0.11% +0.38%
Columbia County FL 23.73% +0.37% +1.27%

Trends in Columbia County FL Rent as a Fraction of Income

The fraction of median Columbia County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2006 series origin) at 26.39%. Since then it has fallen by 2.67% to 23.73%.

Fraction of Income towards Rent: Columbia County FL, Florida, US

Percent of median household income going towards median monthly gross rent in Columbia County Florida

Historical Data for Annual Rent as a Fraction of Income in Columbia County Florida

Date US Florida Columbia County FL
2017 20.13% 25.74% 23.73%
2016 20.43% 25.62% 23.36%
2015 20.63% 25.40% 19.50%
2014 20.89% 25.36% 22.46%
2013 20.78% 25.34% 20.99%
2012 20.65% 25.42% 24.27%
2011 20.70% 25.71% 26.39%
2010 20.50% 25.59% 26.34%
2009 20.12% 25.54% 24.12%
2008 19.00% 23.79% 18.62%
2007 18.66% 23.22% 18.73%
2006 18.90% 23.00% 16.87%

Renter Fraction in Columbia County Florida

You can calculate the renter fraction in Columbia 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 Columbia County as a fraction of total Columbia County households. In 2017 24.75% of households were renters according to Census ACS data.

Columbia County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Florida 34.85% -1.02% -1.10%
Columbia County FL 24.75% -5.44% -0.46%

Trends in the Columbia County FL Renter Fraction

The Columbia County household renter fraction peaked in in 2011 at 36.79% and is now 12.04% below that level. The origin year for the series is 2006.

Fraction of Renting Households: Columbia County FL, Florida, US

Fraction of renters in Columbia County

History of Columbia County Renter Fraction

Date US Florida Columbia County FL
2017 36.13% 34.85% 24.75%
2016 36.88% 35.87% 30.19%
2015 36.97% 36.22% 31.66%
2014 36.90% 35.95% 25.21%
2013 36.50% 35.21% 26.26%
2012 36.09% 34.36% 27.12%
2011 35.42% 33.28% 36.79%
2010 34.65% 31.85% 27.85%
2009 34.13% 31.52% 30.73%
2008 33.36% 30.33% 29.14%
2007 32.80% 29.39% 33.84%
2006 32.73% 29.72% 31.64%

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.