Department of Numbers

St. Joseph County Indiana Residential Rent and Rental Statistics

The median monthly gross residential rent in St. Joseph County IN was $870 in 2019 according to the Census ACS survey.1 Average gross rent in St. Joseph County was $859 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 St. Joseph County median and average rent data will be released in September of 2021.

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

Show dollars as: Nominal Real

Real Gross Rent in St. Joseph County Indiana (2019 dollars)2

2019 1 Year Change 3 Year Change
US Median Gross Rent $1,097 +1.86% +6.82%
Indiana Median Gross Rent $840 +0.60% +4.48%
St. Joseph County IN Median Gross Rent $870 +7.54% +15.85%

St. Joseph County IN Real Gross Rent Trends

At $870, real median gross rent in St. Joseph County was at its highest level in 2019 since the series began in 2005. At $859, real average gross rent in St. Joseph County was at its highest level in 2019 since the series began in 2005.

Real Gross Rent: St. Joseph County IN Median, St. Joseph County IN Average, Indiana Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for St. Joseph County

Date US
Median
Indiana
Median
St. Joseph County IN
Median
St. Joseph County IN
Average
2019 $1,097 $840 $870 $859
2018 $1,077 $835 $809 $790
2017 $1,043 $818 $799 $763
2016 $1,027 $804 $751 $707
2015 $1,017 $804 $753 $722
2014 $986 $795 $758 $757
2013 $953 $769 $732 $704
2012 $940 $761 $744 $720
2011 $941 $764 $753 $758
2010 $955 $763 $752 $738
2009 $960 $783 $781 $767

more history ...

St. Joseph 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 St. Joseph County Indiana was 12.06% according to Census ACS data.

Rental Vacancy Rate in St. Joseph County Indiana

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Indiana 6.89% +0.30% -0.07%
St. Joseph County IN 12.06% +6.54% -0.38%

Trends in St. Joseph County IN Rental Vacancy Rate

The rental vacancy rate in St. Joseph County peaked in 2009 at 16.10%. Since then it has fallen by 4.04% to 12.06%. Data records for this series originated in 2005. From a 2018 post peak low of 5.52%, the rental vacancy rate has increased by 6.54%.

Rental Vacancy Rate: St. Joseph County IN, Indiana, US

Rental vacancy rate in Indiana

Historical Rental Vacancy Rate data for St. Joseph County

Date US Indiana St. Joseph County IN
2019 5.97% 6.89% 12.06%
2018 6.15% 6.59% 5.52%
2017 6.18% 7.14% 13.40%
2016 5.89% 6.96% 12.44%
2015 5.85% 7.94% 15.54%
2014 6.32% 8.09% 12.50%
2013 6.49% 7.00% 10.94%
2012 6.77% 8.43% 9.99%
2011 7.40% 8.47% 10.61%
2010 8.17% 8.78% 10.53%
2009 8.43% 10.44% 16.10%

more history ...

Rent as a Fraction of Income

Using median household income data for St. Joseph 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. Joseph County, median monthly gross rent as a fraction of median household income was 19.53% in 2019 according to the ACS.

St. Joseph County Indiana Median Annual Rent as a Fraction of Median Household Income

2019 1 Year Change 3 Year Change
US 20.03% -0.47% -0.40%
Indiana 17.50% -0.15% -0.12%
St. Joseph County IN 19.53% +2.00% +1.74%

Trends in St. Joseph County IN Rent as a Fraction of Income

The fraction of median St. Joseph County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 20.58%. Since then it has fallen by 1.05% to 19.53%.

Fraction of Income towards Rent: St. Joseph County IN, Indiana, US

Percent of median household income going towards median monthly gross rent in St. Joseph County Indiana

Historical Data for Annual Rent as a Fraction of Income in St. Joseph County Indiana

Date US Indiana St. Joseph County IN
2019 20.03% 17.50% 19.53%
2018 20.50% 17.65% 17.53%
2017 20.13% 17.56% 17.85%
2016 20.43% 17.62% 17.79%
2015 20.63% 18.00% 18.30%
2014 20.89% 18.27% 18.63%
2013 20.78% 18.43% 20.58%
2012 20.65% 18.27% 18.55%
2011 20.70% 18.27% 19.11%
2010 20.50% 18.37% 19.19%
2009 20.12% 18.15% 19.00%

more history ...

Renter Fraction in St. Joseph County Indiana

You can calculate the renter fraction in St. Joseph 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. Joseph County as a fraction of total St. Joseph County households. In 2019 30.98% of households were renters according to Census ACS data.

St. Joseph County Fraction of Renters by Household Units

2019 1 Year Change 3 Year Change
US 35.89% -0.16% -0.99%
Indiana 30.69% -0.37% -0.96%
St. Joseph County IN 30.98% -1.69% -2.65%

Trends in the St. Joseph County IN Renter Fraction

The St. Joseph County household renter fraction peaked in in 2016 at 33.63% and is now 2.65% below that level. The origin year for the series is 2005.

Fraction of Renting Households: St. Joseph County IN, Indiana, US

Fraction of renters in St. Joseph County

History of St. Joseph County Renter Fraction

Date US Indiana St. Joseph County IN
2019 35.89% 30.69% 30.98%
2018 36.05% 31.06% 32.67%
2017 36.13% 30.96% 32.00%
2016 36.88% 31.65% 33.63%
2015 36.97% 31.82% 30.88%
2014 36.90% 31.42% 32.84%
2013 36.50% 31.48% 33.28%
2012 36.09% 30.62% 30.22%
2011 35.42% 30.28% 31.81%
2010 34.65% 29.71% 31.09%
2009 34.13% 29.57% 27.88%

more history ...

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.