Department of Numbers

Riley County Kansas Residential Rent and Rental Statistics

The median monthly gross residential rent in Riley County KS was $914 in 2017 according to the Census ACS survey.1 Average gross rent in Riley County was $965 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 Riley County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Riley County Kansas (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Kansas Median Gross Rent $815 +1.75% +3.03%
Riley County KS Median Gross Rent $914 +0.33% -0.33%

Riley County KS Real Gross Rent Trends

Median gross rent for Riley County peaked in real terms in 2015 at $989 and is now $75 (7.58%) lower. Average gross rent for Riley County peaked in real terms in 2015 at $1,001 and is now $36 (3.60%) lower.

Real Gross Rent: Riley County KS Median, Riley County KS Average, Kansas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Riley County

Date US
Median
Kansas
Median
Riley County KS
Median
Riley County KS
Average
2017 $1,012 $815 $914 $965
2016 $996 $801 $911 $969
2015 $987 $805 $989 $1,001
2014 $956 $791 $917 $922
2013 $924 $761 $962 $872
2012 $912 $734 $857 $846
2011 $912 $743 $846 $865
2010 $927 $739 $875 $842
2009 $931 $742 $825 $887
2008 $947 $751 $850 $873
2007 $899 $710 $778 $788
2006 $909 $725

Historical Rental Vacancy Rate data for Riley County

Date US Kansas Riley County KS
2017 6.18% 7.49%
2016 5.89% 8.30%
2015 5.85% 7.74%
2014 6.32% 8.45% 8.82%
2013 6.49% 6.54%
2012 6.77% 6.92%
2011 7.40% 8.09%
2010 8.17% 7.42%
2009 8.43% 7.41%
2008 7.86% 6.21%
2007 7.87% 8.18%
2006 7.70% 7.16%

Rent as a Fraction of Income

Using median household income data for Riley County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Riley County, median monthly gross rent as a fraction of median household income was 21.91% in 2017 according to the ACS.

Riley County Kansas Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Kansas 17.33% +0.10% -0.33%
Riley County KS 21.91% +0.69% -2.08%

Trends in Riley County KS Rent as a Fraction of Income

The fraction of median Riley County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2007 series origin) at 25.82%. Since then it has fallen by 3.91% to 21.91%. From a 2016 low of 21.22%, the fraction of income going to rent has increased by 0.69%.

Fraction of Income towards Rent: Riley County KS, Kansas, US

Percent of median household income going towards median monthly gross rent in Riley County Kansas

Historical Data for Annual Rent as a Fraction of Income in Riley County Kansas

Date US Kansas Riley County KS
2017 20.13% 17.33% 21.91%
2016 20.43% 17.23% 21.22%
2015 20.63% 17.41% 24.71%
2014 20.89% 17.67% 23.99%
2013 20.78% 17.54% 25.82%
2012 20.65% 16.98% 23.84%
2011 20.70% 17.38% 21.49%
2010 20.50% 16.96% 21.40%
2009 20.12% 16.84% 23.00%
2008 19.00% 15.64% 22.14%
2007 18.66% 15.76% 22.41%
2006 18.90% 16.07%

Renter Fraction in Riley County Kansas

You can calculate the renter fraction in Riley 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 Riley County as a fraction of total Riley County households. In 2017 53.79% of households were renters according to Census ACS data.

Riley County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Kansas 34.14% -0.17% +0.77%
Riley County KS 53.79% -5.16% -4.20%

Trends in the Riley County KS Renter Fraction

The Riley County household renter fraction peaked in in 2015 at 61.29% and is now 7.50% below that level. The origin year for the series is 2007.

Fraction of Renting Households: Riley County KS, Kansas, US

Fraction of renters in Riley County

History of Riley County Renter Fraction

Date US Kansas Riley County KS
2017 36.13% 34.14% 53.79%
2016 36.88% 34.31% 58.95%
2015 36.97% 33.58% 61.29%
2014 36.90% 33.37% 57.99%
2013 36.50% 33.94% 56.79%
2012 36.09% 33.64% 56.88%
2011 35.42% 32.19% 58.15%
2010 34.65% 31.93% 57.42%
2009 34.13% 32.20% 57.95%
2008 33.36% 30.57% 52.14%
2007 32.80% 29.84% 51.78%
2006 32.73% 30.07%

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.