Department of Numbers

St. Johns County Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in St. Johns County FL was $1,296 in 2017 according to the Census ACS survey.1 Average gross rent in St. Johns County was $1,226 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 St. Johns County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in St. Johns 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%
St. Johns County FL Median Gross Rent $1,296 +2.45% +12.79%

St. Johns County FL Real Gross Rent Trends

At $1,296, real median gross rent in St. Johns County was at its highest level in 2017 since the series began in 2005. Average gross rent for St. Johns County peaked in real terms in 2016 at $1,288 and is now $62 (4.81%) lower.

Real Gross Rent: St. Johns County FL Median, St. Johns County FL Average, Florida Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for St. Johns County

Date US
Median
Florida
Median
St. Johns County FL
Median
St. Johns County FL
Average
2017 $1,012 $1,128 $1,296 $1,226
2016 $996 $1,103 $1,265 $1,288
2015 $987 $1,076 $1,248 $1,280
2014 $956 $1,027 $1,149 $1,193
2013 $924 $993 $1,065 $1,127
2012 $912 $984 $1,085 $1,088
2011 $912 $994 $1,115 $1,093
2010 $927 $1,026 $1,134 $1,189
2009 $931 $1,052 $1,053 $1,098
2008 $947 $1,088 $1,177 $1,207
2007 $899 $1,054 $1,131 $1,113
2006 $909 $1,038 $1,175 $1,052

St. Johns 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 St. Johns County Florida was 9.06% according to Census ACS data.

Rental Vacancy Rate in St. Johns County Florida

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Florida 9.16% +0.86% +0.50%
St. Johns County FL 9.06% +4.51% +3.65%

Trends in St. Johns County FL Rental Vacancy Rate

The rental vacancy rate in St. Johns County peaked in 2008 at 21.17%. Since then it has fallen by 12.11% to 9.06%. Data records for this series originated in 2005. From a 2016 post peak low of 4.55%, the rental vacancy rate has increased by 4.51%.

Rental Vacancy Rate: St. Johns County FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for St. Johns County

Date US Florida St. Johns County FL
2017 6.18% 9.16% 9.06%
2016 5.89% 8.30% 4.55%
2015 5.85% 7.79% 11.27%
2014 6.32% 8.66% 5.41%
2013 6.49% 9.22% 5.65%
2012 6.77% 9.37% 7.44%
2011 7.40% 10.91%
2010 8.17% 12.17% 12.62%
2009 8.43% 13.16% 12.15%
2008 7.86% 12.67% 21.17%
2007 7.87% 11.55% 17.19%
2006 7.70% 8.32% 12.18%

Rent as a Fraction of Income

Using median household income data for St. Johns County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For St. Johns County, median monthly gross rent as a fraction of median household income was 21.06% in 2017 according to the ACS.

St. Johns 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%
St. Johns County FL 21.06% +2.04% +0.66%

Trends in St. Johns County FL Rent as a Fraction of Income

The fraction of median St. Johns County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.32%. Since then it has fallen by 0.25% to 21.06%.

Fraction of Income towards Rent: St. Johns County FL, Florida, US

Percent of median household income going towards median monthly gross rent in St. Johns County Florida

Historical Data for Annual Rent as a Fraction of Income in St. Johns County Florida

Date US Florida St. Johns County FL
2017 20.13% 25.74% 21.06%
2016 20.43% 25.62% 19.03%
2015 20.63% 25.40% 20.68%
2014 20.89% 25.36% 20.41%
2013 20.78% 25.34% 19.30%
2012 20.65% 25.42% 20.60%
2011 20.70% 25.71% 20.43%
2010 20.50% 25.59% 21.32%
2009 20.12% 25.54% 18.78%
2008 19.00% 23.79% 18.34%
2007 18.66% 23.22% 19.01%
2006 18.90% 23.00% 21.26%

Renter Fraction in St. Johns County Florida

You can calculate the renter fraction in St. Johns 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 St. Johns County as a fraction of total St. Johns County households. In 2017 21.31% of households were renters according to Census ACS data.

St. Johns 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%
St. Johns County FL 21.31% -0.48% -5.59%

Trends in the St. Johns County FL Renter Fraction

The St. Johns County household renter fraction peaked in in 2014 at 26.90% and is now 5.59% below that level. The origin year for the series is 2005.

Fraction of Renting Households: St. Johns County FL, Florida, US

Fraction of renters in St. Johns County

History of St. Johns County Renter Fraction

Date US Florida St. Johns County FL
2017 36.13% 34.85% 21.31%
2016 36.88% 35.87% 21.79%
2015 36.97% 36.22% 23.08%
2014 36.90% 35.95% 26.90%
2013 36.50% 35.21% 23.39%
2012 36.09% 34.36% 24.29%
2011 35.42% 33.28% 24.83%
2010 34.65% 31.85% 24.96%
2009 34.13% 31.52% 21.76%
2008 33.36% 30.33% 22.50%
2007 32.80% 29.39% 22.43%
2006 32.73% 29.72% 26.76%

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.