Department of Numbers

Johnson County Iowa Residential Rent and Rental Statistics

The median monthly gross residential rent in Johnson County IA was $963 in 2017 according to the Census ACS survey.1 Average gross rent in Johnson County was $1,033 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 Johnson County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Johnson 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%
Johnson County IA Median Gross Rent $963 +7.00% +0.21%

Johnson County IA Real Gross Rent Trends

At $963, real median gross rent in Johnson County was at its highest level in 2017 since the series began in 2005. At $1,033, real average gross rent in Johnson County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Johnson County

Date US
Median
Iowa
Median
Johnson County IA
Median
Johnson County IA
Average
2017 $1,012 $760 $963 $1,033
2016 $996 $753 $900 $930
2015 $987 $739 $918 $1,023
2014 $956 $728 $961 $1,013
2013 $924 $693 $833 $930
2012 $912 $682 $814 $889
2011 $912 $674 $877 $927
2010 $927 $682 $891 $930
2009 $931 $675 $787 $862
2008 $947 $697 $802 $936
2007 $899 $646 $765 $839
2006 $909 $695 $803 $893

Johnson 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 Johnson County Iowa was 4.30% according to Census ACS data.

Rental Vacancy Rate in Johnson County Iowa

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Iowa 7.31% +1.07% +1.84%
Johnson County IA 4.30% +3.80%

Trends in Johnson County IA Rental Vacancy Rate

The rental vacancy rate in Johnson County peaked in 2015 at 6.58%. Since then it has fallen by 2.28% to 4.30%. Data records for this series originated in 2005.

Rental Vacancy Rate: Johnson County IA, Iowa, US

Rental vacancy rate in Iowa

Historical Rental Vacancy Rate data for Johnson County

Date US Iowa Johnson County IA
2017 6.18% 7.31% 4.30%
2016 5.89% 6.24%
2015 5.85% 6.41% 6.58%
2014 6.32% 5.47% 0.50%
2013 6.49% 6.03%
2012 6.77% 6.77%
2011 7.40% 6.64%
2010 8.17% 6.38% 5.98%
2009 8.43% 5.97% 4.28%
2008 7.86% 6.80% 6.25%
2007 7.87% 7.54% 3.83%
2006 7.70% 6.28%

Rent as a Fraction of Income

Using median household income data for Johnson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Johnson County, median monthly gross rent as a fraction of median household income was 18.94% in 2017 according to the ACS.

Johnson 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%
Johnson County IA 18.94% +0.63% +0.24%

Trends in Johnson County IA Rent as a Fraction of Income

The fraction of median Johnson County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 20.04%. Since then it has fallen by 1.10% to 18.94%.

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

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

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

Date US Iowa Johnson County IA
2017 20.13% 15.57% 18.94%
2016 20.43% 15.81% 18.31%
2015 20.63% 15.74% 19.14%
2014 20.89% 15.88% 18.70%
2013 20.78% 15.60% 18.97%
2012 20.65% 15.57% 18.17%
2011 20.70% 15.61% 19.05%
2010 20.50% 15.74% 20.04%
2009 20.12% 15.26% 17.56%
2008 19.00% 14.87% 15.15%
2007 18.66% 14.39% 15.61%
2006 18.90% 15.75% 17.58%

Renter Fraction in Johnson County Iowa

You can calculate the renter fraction in Johnson 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 Johnson County as a fraction of total Johnson County households. In 2017 38.41% of households were renters according to Census ACS data.

Johnson 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%
Johnson County IA 38.41% -3.80% +0.19%

Trends in the Johnson County IA Renter Fraction

The Johnson County household renter fraction peaked in in 2013 at 44.13% and is now 5.72% below that level. The origin year for the series is 2005.

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

Fraction of renters in Johnson County

History of Johnson County Renter Fraction

Date US Iowa Johnson County IA
2017 36.13% 28.40% 38.41%
2016 36.88% 29.37% 42.21%
2015 36.97% 29.33% 41.71%
2014 36.90% 29.13% 38.22%
2013 36.50% 29.19% 44.13%
2012 36.09% 28.07% 40.25%
2011 35.42% 27.65% 39.50%
2010 34.65% 27.64% 41.76%
2009 34.13% 27.92% 39.17%
2008 33.36% 27.11% 37.56%
2007 32.80% 26.31% 38.74%
2006 32.73% 26.70% 40.22%

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.