Department of Numbers

Barnstable Town Massachusetts Residential Rent and Rental Statistics

The median monthly gross residential rent in Barnstable Town, MA (the Barnstable Town metro area) was $1,295 in 2016 according to the Census ACS survey.1 Average gross rent in Barnstable Town was $1,191 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 Barnstable Town median and average rent data will be released in September of 2018.

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

Show dollars as: Nominal Real

Real Gross Rent in Barnstable Town Massachusetts (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Massachusetts Median Gross Rent $1,179 0.00% +8.86%
Barnstable Town, MA Median Gross Rent $1,295 +7.65% +20.13%

Barnstable Town, MA Real Gross Rent Trends

At $1,295, real median gross rent in Barnstable Town was at its highest level in 2016 since the series began in 2005. At $1,191, real average gross rent in Barnstable Town was at its highest level in 2016 since the series began in 2005.

Real Gross Rent in Barnstable Town: Barnstable Town MA Median, Barnstable Town MA Average, Massachusetts Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Barnstable Town

Date US
Median
Massachusetts
Median
Barnstable Town, MA
Median
Barnstable Town, MA
Average
2016 $981 $1,179 $1,295 $1,191
2015 $972 $1,179 $1,203 $1,002
2014 $942 $1,116 $1,063 $1,005
2013 $910 $1,083 $1,078 $1,008
2012 $898 $1,053 $1,032 $929
2011 $898 $1,067 $1,167 $993
2010 $912 $1,077 $1,178 $1,069
2009 $916 $1,075 $1,143 $1,022
2008 $932 $1,121 $1,166 $1,101
2007 $885 $1,061 $1,164 $1,073
2006 $895 $1,094 $1,248 $1,081
2005 $869 $1,077 $1,238 $1,134

Barnstable Town 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 Barnstable Town Massachusetts was 6.59% according to Census ACS data.

Rental Vacancy Rate in Barnstable Town Massachusetts

2016 1 Year Change 3 Year Change
US 5.89% +0.04% -0.60%
Massachusetts 3.98% +0.50% -0.63%
Barnstable Town, MA 6.59% +3.54% -2.71%

Trends in Barnstable Town, MA Rental Vacancy Rate

The rental vacancy rate in Barnstable Town peaked in 2011 at 10.10%. Since then it has fallen by 3.51% to 6.59%. Data records for this series originated in 2005. From a 2015 post peak low of 3.05%, the rental vacancy rate has increased by 3.54%.

Rental Vacancy Rate: Barnstable Town MA, Massachusetts, US

Rental vacancy rate in Massachusetts

Historical Rental Vacancy Rate data for Barnstable Town

Date US Massachusetts Barnstable Town, MA
2016 5.89% 3.98% 6.59%
2015 5.85% 3.48% 3.05%
2014 6.32% 4.04% 8.14%
2013 6.49% 4.61% 9.30%
2012 6.77% 4.46% 9.28%
2011 7.40% 4.76% 10.10%
2010 8.17% 5.80% 8.28%
2009 8.43% 5.83% 3.78%
2008 7.86% 5.28% 8.71%
2007 7.87% 6.20% 5.18%
2006 7.70% 5.55% 8.55%
2005 7.74% 5.58% 9.99%

Rent as a Fraction of Income

Using median household income data for Barnstable Town, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Barnstable Town, median monthly gross rent as a fraction of median household income was 22.89% in 2016 according to the ACS.

Barnstable Town Massachusetts Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Massachusetts 18.79% -0.99% -0.57%
Barnstable Town, MA 22.89% +1.34% +1.81%

Trends in Barnstable Town, MA Rent as a Fraction of Income

The fraction of median Barnstable Town household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 23.96%. Since then it has fallen by 1.07% to 22.89%. From a 2014 low of 19.34%, the fraction of income going to rent has increased by 3.54%.

Fraction of Income towards Rent: Barnstable Town MA, Massachusetts, US

Percent of median household income going towards median monthly gross rent in Barnstable Town Massachusetts

Historical Data for Annual Rent as a Fraction of Income in Barnstable Town Massachusetts

Date US Massachusetts Barnstable Town, MA
2016 20.43% 18.79% 22.89%
2015 20.63% 19.78% 21.55%
2014 20.89% 19.21% 19.34%
2013 20.78% 19.36% 21.08%
2012 20.65% 19.03% 20.51%
2011 20.70% 19.74% 23.94%
2010 20.50% 19.51% 23.96%
2009 20.12% 18.50% 21.74%
2008 19.00% 18.18% 21.59%
2007 18.66% 18.20% 20.73%
2006 18.90% 18.67% 22.41%
2005 18.89% 18.93% 22.86%

Renter Fraction in Barnstable Town Massachusetts

You can calculate the renter fraction in Barnstable Town 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 Barnstable Town as a fraction of total Barnstable Town households. In 2016 21.32% of households were renters according to Census ACS data.

Barnstable Town Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Massachusetts 38.01% -0.27% -0.45%
Barnstable Town, MA 21.32% -1.27% -1.10%

Trends in the Barnstable Town, MA Renter Fraction

The Barnstable Town household renter fraction peaked in in 2011 at 23.34% and is now 2.02% below that level. From a recent low of 18.41% in 2012, the household based renter fraction has now grown by 2.91%. The origin year for the series is 2005.

Fraction of Renting Households: Barnstable Town MA, Massachusetts, US

Fraction of renters in Barnstable Town

History of Barnstable Town Renter Fraction

Date US Massachusetts Barnstable Town, MA
2016 36.88% 38.01% 21.32%
2015 36.97% 38.28% 22.59%
2014 36.90% 38.40% 20.62%
2013 36.50% 38.46% 22.42%
2012 36.09% 37.76% 18.41%
2011 35.42% 37.87% 23.34%
2010 34.65% 37.77% 22.54%
2009 34.13% 35.79% 19.24%
2008 33.36% 35.46% 18.78%
2007 32.80% 34.91% 19.50%
2006 32.73% 35.08% 20.90%
2005 33.10% 35.95% 20.35%

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.