Department of Numbers

Cecil County Maryland Residential Rent and Rental Statistics

The median monthly gross residential rent in Cecil County MD was $1,063 in 2017 according to the Census ACS survey.1 Average gross rent in Cecil County was $995 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 Cecil County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Cecil County Maryland (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Maryland Median Gross Rent $1,337 +0.22% +5.11%
Cecil County MD Median Gross Rent $1,063 -5.26% +4.63%

Cecil County MD Real Gross Rent Trends

Median gross rent for Cecil County peaked in real terms in 2016 at $1,122 and is now $59 (5.26%) lower. Average gross rent for Cecil County peaked in real terms in 2016 at $1,099 and is now $104 (9.46%) lower.

Real Gross Rent: Cecil County MD Median, Cecil County MD Average, Maryland Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Cecil County

Date US
Median
Maryland
Median
Cecil County MD
Median
Cecil County MD
Average
2017 $1,012 $1,337 $1,063 $995
2016 $996 $1,334 $1,122 $1,099
2015 $987 $1,315 $1,085 $1,045
2014 $956 $1,272 $1,016 $988
2013 $924 $1,236 $1,028 $951
2012 $912 $1,207 $969 $984
2011 $912 $1,208 $983 $986
2010 $927 $1,226 $1,047 $958
2009 $931 $1,225 $1,049 $1,009
2008 $947 $1,234 $1,041 $1,000
2007 $899 $1,139 $1,037 $962
2006 $909 $1,135 $940 $899

Cecil County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Cecil County Maryland was 4.67% according to Census ACS data.

Rental Vacancy Rate in Cecil County Maryland

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Maryland 5.94% +0.40% -0.89%
Cecil County MD

Trends in Cecil County MD Rental Vacancy Rate

The rental vacancy rate in Cecil County peaked in 2015 at 10.42%. Since then it has fallen by 5.75% to 4.67%. Data records for this series originated in 2005.

Rental Vacancy Rate: Cecil County MD, Maryland, US

Rental vacancy rate in Maryland

Historical Rental Vacancy Rate data for Cecil County

Date US Maryland Cecil County MD
2017 6.18% 5.94%
2016 5.89% 5.54% 4.67%
2015 5.85% 5.65% 10.42%
2014 6.32% 6.83% 8.35%
2013 6.49% 6.96%
2012 6.77% 6.99% 5.88%
2011 7.40% 7.10% 7.96%
2010 8.17% 7.53% 7.33%
2009 8.43% 9.09% 8.73%
2008 7.86% 8.81% 7.29%
2007 7.87% 8.78%
2006 7.70% 7.64% 8.26%

Rent as a Fraction of Income

Using median household income data for Cecil County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cecil County, median monthly gross rent as a fraction of median household income was 17.03% in 2017 according to the ACS.

Cecil County Maryland Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Maryland 19.86% -0.11% -0.29%
Cecil County MD 17.03% -0.84% -2.19%

Trends in Cecil County MD Rent as a Fraction of Income

The fraction of median Cecil County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.22%. Since then it has fallen by 2.19% to 17.03%.

Fraction of Income towards Rent: Cecil County MD, Maryland, US

Percent of median household income going towards median monthly gross rent in Cecil County Maryland

Historical Data for Annual Rent as a Fraction of Income in Cecil County Maryland

Date US Maryland Cecil County MD
2017 20.13% 19.86% 17.03%
2016 20.43% 19.97% 17.87%
2015 20.63% 20.22% 17.91%
2014 20.89% 20.15% 19.22%
2013 20.78% 20.03% 18.28%
2012 20.65% 19.74% 17.88%
2011 20.70% 19.76% 18.25%
2010 20.50% 19.71% 18.57%
2009 20.12% 19.19% 18.80%
2008 19.00% 18.27% 15.91%
2007 18.66% 17.63% 17.29%
2006 18.90% 17.55% 16.75%

Renter Fraction in Cecil County Maryland

You can calculate the renter fraction in Cecil 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 Cecil County as a fraction of total Cecil County households. In 2017 26.36% of households were renters according to Census ACS data.

Cecil County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Maryland 33.29% -0.82% -0.82%
Cecil County MD 26.36% -3.46% +0.23%

Trends in the Cecil County MD Renter Fraction

The Cecil County household renter fraction peaked in in 2012 at 31.44% and is now 5.08% below that level. From a recent low of 23.29% in 2013, the household based renter fraction has now grown by 3.07%. The origin year for the series is 2005.

Fraction of Renting Households: Cecil County MD, Maryland, US

Fraction of renters in Cecil County

History of Cecil County Renter Fraction

Date US Maryland Cecil County MD
2017 36.13% 33.29% 26.36%
2016 36.88% 34.11% 29.82%
2015 36.97% 34.06% 27.79%
2014 36.90% 34.11% 26.13%
2013 36.50% 33.53% 23.29%
2012 36.09% 33.54% 31.44%
2011 35.42% 32.66% 27.83%
2010 34.65% 32.96% 27.75%
2009 34.13% 31.44% 26.32%
2008 33.36% 30.53% 23.92%
2007 32.80% 30.08% 27.56%
2006 32.73% 30.57% 28.33%

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.