Department of Numbers

Dallas County Iowa Residential Rent and Rental Statistics

The median monthly gross residential rent in Dallas County IA was $1,016 in 2017 according to the Census ACS survey.1 Average gross rent in Dallas County was $960 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 Dallas County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Dallas 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%
Dallas County IA Median Gross Rent $1,016 -2.68% +8.32%

Dallas County IA Real Gross Rent Trends

Median gross rent for Dallas County peaked in real terms in 2016 at $1,044 and is now $28 (2.68%) lower. Average gross rent for Dallas County peaked in real terms in 2016 at $1,024 and is now $64 (6.25%) lower.

Real Gross Rent: Dallas County IA Median, Dallas County IA Average, Iowa Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Dallas County

Date US
Median
Iowa
Median
Dallas County IA
Median
Dallas County IA
Average
2017 $1,012 $760 $1,016 $960
2016 $996 $753 $1,044 $1,024
2015 $987 $739 $885 $907
2014 $956 $728 $938 $897
2013 $924 $693 $896 $932
2012 $912 $682 $943 $936
2011 $912 $674 $964 $855
2010 $927 $682 $711 $743
2009 $931 $675
2008 $947 $697
2007 $899 $646
2006 $909 $695

Historical Rental Vacancy Rate data for Dallas County

Date US Iowa Dallas County IA
2017 6.18% 7.31%
2016 5.89% 6.24%
2015 5.85% 6.41%
2014 6.32% 5.47%
2013 6.49% 6.03%
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%
2007 7.87% 7.54%
2006 7.70% 6.28%

Rent as a Fraction of Income

Using median household income data for Dallas County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dallas County, median monthly gross rent as a fraction of median household income was 13.77% in 2017 according to the ACS.

Dallas 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%
Dallas County IA 13.77% -2.49% -0.43%

Trends in Dallas County IA Rent as a Fraction of Income

The fraction of median Dallas County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2010 series origin) at 16.25%. Since then it has fallen by 2.49% to 13.77%.

Fraction of Income towards Rent: Dallas County IA, Iowa, US

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

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

Date US Iowa Dallas County IA
2017 20.13% 15.57% 13.77%
2016 20.43% 15.81% 16.25%
2015 20.63% 15.74% 13.12%
2014 20.89% 15.88% 14.20%
2013 20.78% 15.60% 13.35%
2012 20.65% 15.57% 15.62%
2011 20.70% 15.61% 15.81%
2010 20.50% 15.74% 12.32%
2009 20.12% 15.26%
2008 19.00% 14.87%
2007 18.66% 14.39%
2006 18.90% 15.75%

Renter Fraction in Dallas County Iowa

You can calculate the renter fraction in Dallas 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 Dallas County as a fraction of total Dallas County households. In 2017 23.05% of households were renters according to Census ACS data.

Dallas 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%
Dallas County IA 23.05% -3.40% -1.46%

Trends in the Dallas County IA Renter Fraction

The Dallas County household renter fraction peaked in in 2016 at 26.45% and is now 3.40% below that level. The origin year for the series is 2010.

Fraction of Renting Households: Dallas County IA, Iowa, US

Fraction of renters in Dallas County

History of Dallas County Renter Fraction

Date US Iowa Dallas County IA
2017 36.13% 28.40% 23.05%
2016 36.88% 29.37% 26.45%
2015 36.97% 29.33% 19.37%
2014 36.90% 29.13% 24.51%
2013 36.50% 29.19% 25.47%
2012 36.09% 28.07% 26.36%
2011 35.42% 27.65% 22.63%
2010 34.65% 27.64% 20.64%
2009 34.13% 27.92%
2008 33.36% 27.11%
2007 32.80% 26.31%
2006 32.73% 26.70%

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.