Department of Numbers

Escambia County Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in Escambia County FL was $953 in 2017 according to the Census ACS survey.1 Average gross rent in Escambia County was $907 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 Escambia County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Escambia 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%
Escambia County FL Median Gross Rent $953 +4.15% +1.17%

Escambia County FL Real Gross Rent Trends

At $953, real median gross rent in Escambia County was at its highest level in 2017 since the series began in 2005. Average gross rent for Escambia County peaked in real terms in 2011 at $938 and is now $31 (3.30%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Escambia County

Date US
Median
Florida
Median
Escambia County FL
Median
Escambia County FL
Average
2017 $1,012 $1,128 $953 $907
2016 $996 $1,103 $915 $898
2015 $987 $1,076 $905 $895
2014 $956 $1,027 $942 $913
2013 $924 $993 $898 $889
2012 $912 $984 $898 $871
2011 $912 $994 $883 $938
2010 $927 $1,026 $859 $869
2009 $931 $1,052 $890 $871
2008 $947 $1,088 $902 $912
2007 $899 $1,054 $880 $871
2006 $909 $1,038 $869 $844

Escambia 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 Escambia County Florida was 7.91% according to Census ACS data.

Rental Vacancy Rate in Escambia County Florida

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Florida 9.16% +0.86% +0.50%
Escambia County FL 7.91% -7.38% -8.22%

Trends in Escambia County FL Rental Vacancy Rate

The rental vacancy rate in Escambia County peaked in 2014 at 16.13%. Since then it has fallen by 8.22% to 7.91%. Data records for this series originated in 2005.

Rental Vacancy Rate: Escambia County FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for Escambia County

Date US Florida Escambia County FL
2017 6.18% 9.16% 7.91%
2016 5.89% 8.30% 15.29%
2015 5.85% 7.79% 14.38%
2014 6.32% 8.66% 16.13%
2013 6.49% 9.22% 15.77%
2012 6.77% 9.37% 12.19%
2011 7.40% 10.91% 12.89%
2010 8.17% 12.17% 7.93%
2009 8.43% 13.16% 11.36%
2008 7.86% 12.67% 11.86%
2007 7.87% 11.55% 10.89%
2006 7.70% 8.32% 7.79%

Rent as a Fraction of Income

Using median household income data for Escambia County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Escambia County, median monthly gross rent as a fraction of median household income was 23.52% in 2017 according to the ACS.

Escambia 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%
Escambia County FL 23.52% -0.62% -0.15%

Trends in Escambia County FL Rent as a Fraction of Income

The fraction of median Escambia County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 24.72%. Since then it has fallen by 1.21% to 23.52%.

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

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

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

Date US Florida Escambia County FL
2017 20.13% 25.74% 23.52%
2016 20.43% 25.62% 24.14%
2015 20.63% 25.40% 22.96%
2014 20.89% 25.36% 23.66%
2013 20.78% 25.34% 24.60%
2012 20.65% 25.42% 23.20%
2011 20.70% 25.71% 24.72%
2010 20.50% 25.59% 22.94%
2009 20.12% 25.54% 23.61%
2008 19.00% 23.79% 22.71%
2007 18.66% 23.22% 22.11%
2006 18.90% 23.00% 20.59%

Renter Fraction in Escambia County Florida

You can calculate the renter fraction in Escambia 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 Escambia County as a fraction of total Escambia County households. In 2017 39.10% of households were renters according to Census ACS data.

Escambia 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%
Escambia County FL 39.10% +0.31% -3.73%

Trends in the Escambia County FL Renter Fraction

The Escambia County household renter fraction peaked in in 2014 at 42.83% and is now 3.73% below that level. The origin year for the series is 2005.

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

Fraction of renters in Escambia County

History of Escambia County Renter Fraction

Date US Florida Escambia County FL
2017 36.13% 34.85% 39.10%
2016 36.88% 35.87% 38.79%
2015 36.97% 36.22% 38.90%
2014 36.90% 35.95% 42.83%
2013 36.50% 35.21% 37.83%
2012 36.09% 34.36% 40.65%
2011 35.42% 33.28% 33.53%
2010 34.65% 31.85% 32.95%
2009 34.13% 31.52% 35.66%
2008 33.36% 30.33% 30.85%
2007 32.80% 29.39% 30.67%
2006 32.73% 29.72% 32.57%

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.