Department of Numbers

Campbell County Kentucky Residential Rent and Rental Statistics

The median monthly gross residential rent in Campbell County KY was $826 in 2017 according to the Census ACS survey.1 Average gross rent in Campbell County was $831 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 Campbell County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Campbell County Kentucky (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Kentucky Median Gross Rent $724 +0.84% +4.32%
Campbell County KY Median Gross Rent $826 -4.95% +14.88%

Campbell County KY Real Gross Rent Trends

Median gross rent for Campbell County peaked in real terms in 2016 at $869 and is now $43 (4.95%) lower. At $831, real average gross rent in Campbell County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Campbell County KY Median, Campbell County KY Average, Kentucky Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Campbell County

Date US
Median
Kentucky
Median
Campbell County KY
Median
Campbell County KY
Average
2017 $1,012 $724 $826 $831
2016 $996 $718 $869 $786
2015 $987 $722 $800 $811
2014 $956 $694 $719 $728
2013 $924 $682 $756 $731
2012 $912 $656 $745 $751
2011 $912 $656 $709 $710
2010 $927 $664 $720 $738
2009 $931 $678 $718 $733
2008 $947 $664 $748 $641
2007 $899 $641 $733 $713
2006 $909 $653 $726 $690

Campbell County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Campbell County Kentucky was 3.17% according to Census ACS data.

Rental Vacancy Rate in Campbell County Kentucky

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Kentucky 5.49% -0.33% -0.74%
Campbell County KY

Trends in Campbell County KY Rental Vacancy Rate

The rental vacancy rate in Campbell County peaked in 2005 at 9.33%. Since then it has fallen by 6.16% to 3.17%. Data records for this series originated in 2005. From a 2011 post peak low of 2.41%, the rental vacancy rate has increased by 0.76%.

Rental Vacancy Rate: Campbell County KY, Kentucky, US

Rental vacancy rate in Kentucky

Historical Rental Vacancy Rate data for Campbell County

Date US Kentucky Campbell County KY
2017 6.18% 5.49%
2016 5.89% 5.82%
2015 5.85% 6.01%
2014 6.32% 6.23% 3.17%
2013 6.49% 6.72% 3.54%
2012 6.77% 5.52%
2011 7.40% 7.90% 2.41%
2010 8.17% 7.53%
2009 8.43% 9.83%
2008 7.86% 8.03%
2007 7.87% 9.86% 8.19%
2006 7.70% 9.78%

Rent as a Fraction of Income

Using median household income data for Campbell County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Campbell County, median monthly gross rent as a fraction of median household income was 16.15% in 2017 according to the ACS.

Campbell County Kentucky Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Kentucky 17.96% -0.22% -0.98%
Campbell County KY 16.15% -0.28% -0.41%

Trends in Campbell County KY Rent as a Fraction of Income

The fraction of median Campbell County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 18.23%. Since then it has fallen by 2.08% to 16.15%.

Fraction of Income towards Rent: Campbell County KY, Kentucky, US

Percent of median household income going towards median monthly gross rent in Campbell County Kentucky

Historical Data for Annual Rent as a Fraction of Income in Campbell County Kentucky

Date US Kentucky Campbell County KY
2017 20.13% 17.96% 16.15%
2016 20.43% 18.18% 16.43%
2015 20.63% 18.63% 18.23%
2014 20.89% 18.94% 16.56%
2013 20.78% 18.47% 16.65%
2012 20.65% 18.29% 15.50%
2011 20.70% 18.26% 15.05%
2010 20.50% 18.36% 17.77%
2009 20.12% 18.36% 15.51%
2008 19.00% 16.70% 15.72%
2007 18.66% 16.78% 14.92%
2006 18.90% 16.70% 15.91%

Renter Fraction in Campbell County Kentucky

You can calculate the renter fraction in Campbell 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 Campbell County as a fraction of total Campbell County households. In 2017 31.15% of households were renters according to Census ACS data.

Campbell County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Kentucky 33.53% +0.37% -0.40%
Campbell County KY 31.15% +0.44% -3.05%

Trends in the Campbell County KY Renter Fraction

The Campbell County household renter fraction peaked in in 2014 at 34.20% and is now 3.05% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Campbell County KY, Kentucky, US

Fraction of renters in Campbell County

History of Campbell County Renter Fraction

Date US Kentucky Campbell County KY
2017 36.13% 33.53% 31.15%
2016 36.88% 33.16% 30.71%
2015 36.97% 33.67% 33.32%
2014 36.90% 33.93% 34.20%
2013 36.50% 32.62% 31.51%
2012 36.09% 32.96% 32.08%
2011 35.42% 31.14% 29.59%
2010 34.65% 31.35% 32.34%
2009 34.13% 31.35% 27.94%
2008 33.36% 30.47% 26.49%
2007 32.80% 29.28% 27.65%
2006 32.73% 29.35% 27.47%

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.