Department of Numbers

Christian County Kentucky Residential Rent and Rental Statistics

The median monthly gross residential rent in Christian County KY was $805 in 2017 according to the Census ACS survey.1 Average gross rent in Christian County was $734 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 Christian County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Christian 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%
Christian County KY Median Gross Rent $805 +0.88% +11.03%

Christian County KY Real Gross Rent Trends

At $805, real median gross rent in Christian County was at its highest level in 2017 since the series began in 2005. Average gross rent for Christian County peaked in real terms in 2015 at $821 and is now $87 (10.60%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Christian County

Date US
Median
Kentucky
Median
Christian County KY
Median
Christian County KY
Average
2017 $1,012 $724 $805 $734
2016 $996 $718 $798 $816
2015 $987 $722 $799 $821
2014 $956 $694 $725 $730
2013 $924 $682 $705 $724
2012 $912 $656 $803 $747
2011 $912 $656 $752 $704
2010 $927 $664 $762 $685
2009 $931 $678 $755 $662
2008 $947 $664 $710 $620
2007 $899 $641 $758 $652
2006 $909 $653 $724 $601

Christian County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Christian County Kentucky was 8.55% according to Census ACS data.

Rental Vacancy Rate in Christian County Kentucky

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

Trends in Christian County KY Rental Vacancy Rate

The rental vacancy rate in Christian County peaked in 2007 at 9.92%. Since then it has fallen by 1.37% to 8.55%. Data records for this series originated in 2005. From a 2012 post peak low of 3.35%, the rental vacancy rate has increased by 5.20%.

Rental Vacancy Rate: Christian County KY, Kentucky, US

Rental vacancy rate in Kentucky

Historical Rental Vacancy Rate data for Christian County

Date US Kentucky Christian County KY
2017 6.18% 5.49%
2016 5.89% 5.82%
2015 5.85% 6.01% 8.55%
2014 6.32% 6.23%
2013 6.49% 6.72% 6.56%
2012 6.77% 5.52% 3.35%
2011 7.40% 7.90%
2010 8.17% 7.53%
2009 8.43% 9.83%
2008 7.86% 8.03%
2007 7.87% 9.86% 9.92%
2006 7.70% 9.78%

Rent as a Fraction of Income

Using median household income data for Christian County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Christian County, median monthly gross rent as a fraction of median household income was 21.98% in 2017 according to the ACS.

Christian 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%
Christian County KY 21.98% -0.94% -1.78%

Trends in Christian County KY Rent as a Fraction of Income

The fraction of median Christian County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 24.22%. Since then it has fallen by 2.24% to 21.98%. From a 2013 low of 18.32%, the fraction of income going to rent has increased by 3.67%.

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

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

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

Date US Kentucky Christian County KY
2017 20.13% 17.96% 21.98%
2016 20.43% 18.18% 22.93%
2015 20.63% 18.63% 23.41%
2014 20.89% 18.94% 23.76%
2013 20.78% 18.47% 18.32%
2012 20.65% 18.29% 24.04%
2011 20.70% 18.26% 24.22%
2010 20.50% 18.36% 23.33%
2009 20.12% 18.36% 22.84%
2008 19.00% 16.70% 20.65%
2007 18.66% 16.78% 20.62%
2006 18.90% 16.70% 19.85%

Renter Fraction in Christian County Kentucky

You can calculate the renter fraction in Christian 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 Christian County as a fraction of total Christian County households. In 2017 51.14% of households were renters according to Census ACS data.

Christian 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%
Christian County KY 51.14% -1.70% -5.91%

Trends in the Christian County KY Renter Fraction

The Christian County household renter fraction peaked in in 2014 at 57.05% and is now 5.91% below that level. The origin year for the series is 2005.

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

Fraction of renters in Christian County

History of Christian County Renter Fraction

Date US Kentucky Christian County KY
2017 36.13% 33.53% 51.14%
2016 36.88% 33.16% 52.84%
2015 36.97% 33.67% 51.50%
2014 36.90% 33.93% 57.05%
2013 36.50% 32.62% 47.18%
2012 36.09% 32.96% 50.06%
2011 35.42% 31.14% 49.22%
2010 34.65% 31.35% 39.91%
2009 34.13% 31.35% 42.11%
2008 33.36% 30.47% 42.94%
2007 32.80% 29.28% 34.53%
2006 32.73% 29.35% 45.16%

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.