Department of Numbers

Black Hawk County Iowa Residential Rent and Rental Statistics

The median monthly gross residential rent in Black Hawk County IA was $741 in 2017 according to the Census ACS survey.1 Average gross rent in Black Hawk County was $773 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 Black Hawk County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Black Hawk County Iowa (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Iowa Median Gross Rent $760 +0.93% +4.40%
Black Hawk County IA Median Gross Rent $741 -4.63% +0.41%

Black Hawk County IA Real Gross Rent Trends

Median gross rent for Black Hawk County peaked in real terms in 2016 at $777 and is now $36 (4.63%) lower. Average gross rent for Black Hawk County peaked in real terms in 2016 at $793 and is now $20 (2.52%) lower.

Real Gross Rent: Black Hawk County IA Median, Black Hawk County IA Average, Iowa Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Black Hawk County

Date US
Median
Iowa
Median
Black Hawk County IA
Median
Black Hawk County IA
Average
2017 $1,012 $760 $741 $773
2016 $996 $753 $777 $793
2015 $987 $739 $720 $781
2014 $956 $728 $738 $764
2013 $924 $693 $714 $744
2012 $912 $682 $672 $773
2011 $912 $674 $682 $728
2010 $927 $682 $670 $698
2009 $931 $675 $660 $737
2008 $947 $697 $700 $737
2007 $899 $646 $655 $706
2006 $909 $695 $697 $738

Black Hawk 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 Black Hawk County Iowa was 5.43% according to Census ACS data.

Rental Vacancy Rate in Black Hawk County Iowa

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Iowa 7.31% +1.07% +1.84%
Black Hawk County IA 5.43% -0.46%

Trends in Black Hawk County IA Rental Vacancy Rate

The rental vacancy rate in Black Hawk County peaked in 2013 at 9.99%. Since then it has fallen by 4.56% to 5.43%. Data records for this series originated in 2005.

Rental Vacancy Rate: Black Hawk County IA, Iowa, US

Rental vacancy rate in Iowa

Historical Rental Vacancy Rate data for Black Hawk County

Date US Iowa Black Hawk County IA
2017 6.18% 7.31% 5.43%
2016 5.89% 6.24% 5.89%
2015 5.85% 6.41% 6.11%
2014 6.32% 5.47%
2013 6.49% 6.03% 9.99%
2012 6.77% 6.77%
2011 7.40% 6.64%
2010 8.17% 6.38%
2009 8.43% 5.97%
2008 7.86% 6.80% 6.29%
2007 7.87% 7.54%
2006 7.70% 6.28% 8.59%

Rent as a Fraction of Income

Using median household income data for Black Hawk County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Black Hawk County, median monthly gross rent as a fraction of median household income was 17.86% in 2017 according to the ACS.

Black Hawk County Iowa Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Iowa 15.57% -0.24% -0.31%
Black Hawk County IA 17.86% -0.33% +1.12%

Trends in Black Hawk County IA Rent as a Fraction of Income

The fraction of median Black Hawk County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.41%. Since then it has fallen by 0.55% to 17.86%. From a 2012 low of 15.91%, the fraction of income going to rent has increased by 1.95%.

Fraction of Income towards Rent: Black Hawk County IA, Iowa, US

Percent of median household income going towards median monthly gross rent in Black Hawk County Iowa

Historical Data for Annual Rent as a Fraction of Income in Black Hawk County Iowa

Date US Iowa Black Hawk County IA
2017 20.13% 15.57% 17.86%
2016 20.43% 15.81% 18.19%
2015 20.63% 15.74% 16.74%
2014 20.89% 15.88% 16.74%
2013 20.78% 15.60% 18.37%
2012 20.65% 15.57% 15.91%
2011 20.70% 15.61% 18.41%
2010 20.50% 15.74% 17.11%
2009 20.12% 15.26% 17.05%
2008 19.00% 14.87% 16.08%
2007 18.66% 14.39% 16.65%
2006 18.90% 15.75% 16.67%

Renter Fraction in Black Hawk County Iowa

You can calculate the renter fraction in Black Hawk 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 Black Hawk County as a fraction of total Black Hawk County households. In 2017 35.52% of households were renters according to Census ACS data.

Black Hawk County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Iowa 28.40% -0.97% -0.73%
Black Hawk County IA 35.52% +0.44% +1.88%

Trends in the Black Hawk County IA Renter Fraction

At 35.52%, the 2017 household based renter fraction in Black Hawk County was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Black Hawk County IA, Iowa, US

Fraction of renters in Black Hawk County

History of Black Hawk County Renter Fraction

Date US Iowa Black Hawk County IA
2017 36.13% 28.40% 35.52%
2016 36.88% 29.37% 35.08%
2015 36.97% 29.33% 33.48%
2014 36.90% 29.13% 33.64%
2013 36.50% 29.19% 33.55%
2012 36.09% 28.07% 30.82%
2011 35.42% 27.65% 32.20%
2010 34.65% 27.64% 34.86%
2009 34.13% 27.92% 33.22%
2008 33.36% 27.11% 28.47%
2007 32.80% 26.31% 30.74%
2006 32.73% 26.70% 28.57%

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.