Department of Numbers

Linn County Iowa Residential Rent and Rental Statistics

The median monthly gross residential rent in Linn County IA was $738 in 2017 according to the Census ACS survey.1 Average gross rent in Linn County was $767 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 Linn County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Linn 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%
Linn County IA Median Gross Rent $738 +2.07% +0.54%

Linn County IA Real Gross Rent Trends

At $738, real median gross rent in Linn County was at its highest level in 2017 since the series began in 2005. At $767, real average gross rent in Linn County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Linn County

Date US
Median
Iowa
Median
Linn County IA
Median
Linn County IA
Average
2017 $1,012 $760 $738 $767
2016 $996 $753 $723 $746
2015 $987 $739 $727 $729
2014 $956 $728 $734 $714
2013 $924 $693 $697 $720
2012 $912 $682 $695 $733
2011 $912 $674 $651 $734
2010 $927 $682 $721 $734
2009 $931 $675 $688 $704
2008 $947 $697 $683 $706
2007 $899 $646 $631 $664
2006 $909 $695 $716 $741

Linn 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 Linn County Iowa was 13.04% according to Census ACS data.

Rental Vacancy Rate in Linn County Iowa

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Iowa 7.31% +1.07% +1.84%
Linn County IA 13.04% +4.89% +5.01%

Trends in Linn County IA Rental Vacancy Rate

At 13.04%, Linn County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Linn County IA, Iowa, US

Rental vacancy rate in Iowa

Historical Rental Vacancy Rate data for Linn County

Date US Iowa Linn County IA
2017 6.18% 7.31% 13.04%
2016 5.89% 6.24% 8.15%
2015 5.85% 6.41%
2014 6.32% 5.47% 8.03%
2013 6.49% 6.03%
2012 6.77% 6.77% 9.68%
2011 7.40% 6.64% 6.95%
2010 8.17% 6.38% 5.30%
2009 8.43% 5.97% 7.44%
2008 7.86% 6.80% 9.35%
2007 7.87% 7.54% 3.65%
2006 7.70% 6.28% 10.34%

Rent as a Fraction of Income

Using median household income data for Linn County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Linn County, median monthly gross rent as a fraction of median household income was 14.02% in 2017 according to the ACS.

Linn 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%
Linn County IA 14.02% +0.81% +0.36%

Trends in Linn County IA Rent as a Fraction of Income

The fraction of median Linn County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 15.61%. Since then it has fallen by 1.59% to 14.02%. From a 2007 low of 12.71%, the fraction of income going to rent has increased by 1.32%.

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

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

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

Date US Iowa Linn County IA
2017 20.13% 15.57% 14.02%
2016 20.43% 15.81% 13.22%
2015 20.63% 15.74% 14.87%
2014 20.89% 15.88% 13.66%
2013 20.78% 15.60% 14.57%
2012 20.65% 15.57% 14.08%
2011 20.70% 15.61% 13.44%
2010 20.50% 15.74% 14.63%
2009 20.12% 15.26% 14.03%
2008 19.00% 14.87% 13.12%
2007 18.66% 14.39% 12.71%
2006 18.90% 15.75% 15.61%

Renter Fraction in Linn County Iowa

You can calculate the renter fraction in Linn 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 Linn County as a fraction of total Linn County households. In 2017 24.60% of households were renters according to Census ACS data.

Linn 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%
Linn County IA 24.60% -1.93% -0.04%

Trends in the Linn County IA Renter Fraction

The Linn County household renter fraction peaked in in 2007 at 28.25% and is now 3.65% below that level. The origin year for the series is 2005.

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

Fraction of renters in Linn County

History of Linn County Renter Fraction

Date US Iowa Linn County IA
2017 36.13% 28.40% 24.60%
2016 36.88% 29.37% 26.53%
2015 36.97% 29.33% 28.11%
2014 36.90% 29.13% 24.64%
2013 36.50% 29.19% 27.16%
2012 36.09% 28.07% 27.48%
2011 35.42% 27.65% 25.87%
2010 34.65% 27.64% 27.56%
2009 34.13% 27.92% 27.70%
2008 33.36% 27.11% 27.22%
2007 32.80% 26.31% 28.25%
2006 32.73% 26.70% 27.65%

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.