Pottawattamie County Iowa Residential Rent and Rental Statistics
The median monthly gross residential rent in Pottawattamie County IA was $846 in 2019 according to the Census ACS survey.1 Average gross rent in Pottawattamie County was $828 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 Pottawattamie County median and average rent data will be released in September of 2021.
Data is also available below for Pottawattamie County rental vacancy rates, Pottawattamie County rent as a percent of median income and the fraction of renters in Pottawattamie County.
Real Gross Rent in Pottawattamie County Iowa (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Iowa Median Gross Rent | $808 | +2.15% | +4.12% |
| Pottawattamie County IA Median Gross Rent | $846 | -1.97% | +2.17% |
Pottawattamie County IA Real Gross Rent Trends
Median gross rent for Pottawattamie County peaked in real terms in 2018 at $863 and is now $17 (1.97%) lower. Average gross rent for Pottawattamie County peaked in real terms in 2014 at $870 and is now $42 (4.83%) lower.
Real Gross Rent: Pottawattamie County IA Median, Pottawattamie County IA Average, Iowa Median, US Median
Real Gross Rent History for Pottawattamie County
| Date | US Median |
Iowa Median |
Pottawattamie County IA Median |
Pottawattamie County IA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $808 | $846 | $828 |
| 2018 | $1,077 | $791 | $863 | $831 |
| 2017 | $1,043 | $784 | $787 | $742 |
| 2016 | $1,027 | $776 | $828 | $795 |
| 2015 | $1,017 | $762 | $773 | $767 |
| 2014 | $986 | $751 | $838 | $870 |
| 2013 | $953 | $715 | $757 | $739 |
| 2012 | $940 | $703 | $774 | $756 |
| 2011 | $941 | $694 | $770 | $729 |
| 2010 | $955 | $703 | $725 | $727 |
| 2009 | $960 | $696 | $784 | $743 |
| 2007 | $927 | $666 | $793 | $744 |
| 2005 | $910 | $699 | $789 | $788 |
Pottawattamie County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Pottawattamie County Iowa was 2.34% according to Census ACS data.
Rental Vacancy Rate in Pottawattamie County Iowa
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Iowa | 6.21% | -0.67% | -0.03% |
| Pottawattamie County IA | — | — | — |
Trends in Pottawattamie County IA Rental Vacancy Rate
The rental vacancy rate in Pottawattamie County peaked in 2007 at 10.39%. Since then it has fallen by 8.05% to 2.34%. Data records for this series originated in 2005.
Rental Vacancy Rate: Pottawattamie County IA, Iowa, US
Historical Rental Vacancy Rate data for Pottawattamie County
| Date | US | Iowa | Pottawattamie County IA |
|---|---|---|---|
| 2019 | 5.97% | 6.21% | — |
| 2018 | 6.15% | 6.88% | 2.34% |
| 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% | 4.44% |
| 2012 | 6.77% | 6.77% | — |
| 2011 | 7.40% | 6.64% | — |
| 2010 | 8.17% | 6.38% | — |
| 2009 | 8.43% | 5.97% | — |
| 2007 | 7.87% | 7.54% | 10.39% |
| 2005 | 7.74% | 7.17% | — |
Rent as a Fraction of Income
Using median household income data for Pottawattamie County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Pottawattamie County, median monthly gross rent as a fraction of median household income was 16.90% in 2019 according to the ACS.
Pottawattamie County Iowa Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Iowa | 15.72% | +0.17% | -0.09% |
| Pottawattamie County IA | 16.90% | -1.47% | -0.05% |
Trends in Pottawattamie County IA Rent as a Fraction of Income
The fraction of median Pottawattamie County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 18.38%. Since then it has fallen by 1.47% to 16.90%.
Fraction of Income towards Rent: Pottawattamie County IA, Iowa, US
Historical Data for Annual Rent as a Fraction of Income in Pottawattamie County Iowa
| Date | US | Iowa | Pottawattamie County IA |
|---|---|---|---|
| 2019 | 20.03% | 15.72% | 16.90% |
| 2018 | 20.50% | 15.55% | 18.38% |
| 2017 | 20.13% | 15.57% | 15.62% |
| 2016 | 20.43% | 15.81% | 16.96% |
| 2015 | 20.63% | 15.74% | 16.47% |
| 2014 | 20.89% | 15.88% | 18.24% |
| 2013 | 20.78% | 15.60% | 17.07% |
| 2012 | 20.65% | 15.57% | 17.41% |
| 2011 | 20.70% | 15.61% | 17.51% |
| 2010 | 20.50% | 15.74% | 16.27% |
| 2009 | 20.12% | 15.26% | 18.37% |
| 2007 | 18.66% | 14.39% | 16.56% |
| 2005 | 18.89% | 15.38% | 16.70% |
Renter Fraction in Pottawattamie County Iowa
You can calculate the renter fraction in Pottawattamie 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 Pottawattamie County as a fraction of total Pottawattamie County households. In 2019 30.53% of households were renters according to Census ACS data.
Pottawattamie County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Iowa | 29.47% | +0.75% | +0.10% |
| Pottawattamie County IA | 30.53% | -3.26% | -3.14% |
Trends in the Pottawattamie County IA Renter Fraction
The Pottawattamie County household renter fraction peaked in in 2018 at 33.79% and is now 3.26% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Pottawattamie County IA, Iowa, US
History of Pottawattamie County Renter Fraction
| Date | US | Iowa | Pottawattamie County IA |
|---|---|---|---|
| 2019 | 35.89% | 29.47% | 30.53% |
| 2018 | 36.05% | 28.72% | 33.79% |
| 2017 | 36.13% | 28.40% | 29.85% |
| 2016 | 36.88% | 29.37% | 33.67% |
| 2015 | 36.97% | 29.33% | 32.36% |
| 2014 | 36.90% | 29.13% | 32.38% |
| 2013 | 36.50% | 29.19% | 33.52% |
| 2012 | 36.09% | 28.07% | 29.24% |
| 2011 | 35.42% | 27.65% | 29.46% |
| 2010 | 34.65% | 27.64% | 27.80% |
| 2009 | 34.13% | 27.92% | 33.35% |
| 2007 | 32.80% | 26.31% | 28.22% |
| 2005 | 33.10% | 26.90% | 28.18% |
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. ↩
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