# Barnstable Town Massachusetts Residential Rent and Rental Statistics

The **median monthly gross residential rent in Barnstable Town, MA (the Barnstable Town metro area) was $1,187 in 2015** according to the Census ACS survey.^{1} **Average gross rent in Barnstable Town was $989 in 2015**. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Barnstable Town median and average rent data will be released in September of 2017.

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.

### Real Gross Rent in Barnstable Town Massachusetts (2015 dollars)^{2}

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US Median Gross Rent | $959 | +3.12% | +8.24% |

Massachusetts Median Gross Rent | $1,164 | +5.63% | +12.03% |

Barnstable Town, MA Median Gross Rent | $1,187 | +13.16% | +16.49% |

## Barnstable Town, MA Real Gross Rent Trends

Median gross rent for Barnstable Town peaked in real terms in 2006 at $1,232 and is now $45 (3.65%) lower. From a recent low of 1019.0 in 2012, real median gross rent has now increased by $168 (16.49%). Average gross rent for Barnstable Town peaked in real terms in 2005 at $1,120 and is now $131 (11.70%) lower. From a recent low of 917.0 in 2012, real average gross rent has now increased by $72 (7.85%).

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

## Real Gross Rent History for Barnstable Town

Date | US Median |
Massachusetts Median |
Barnstable Town, MA Median |
Barnstable Town, MA Average |
---|---|---|---|---|

2015 | $959 | $1,164 | $1,187 | $989 |

2014 | $930 | $1,102 | $1,049 | $992 |

2013 | $898 | $1,069 | $1,064 | $995 |

2012 | $886 | $1,039 | $1,019 | $917 |

2011 | $887 | $1,053 | $1,152 | $980 |

2010 | $901 | $1,063 | $1,163 | $1,055 |

2009 | $905 | $1,061 | $1,128 | $1,009 |

2008 | $920 | $1,106 | $1,151 | $1,086 |

2007 | $874 | $1,048 | $1,148 | $1,059 |

2006 | $883 | $1,080 | $1,232 | $1,067 |

2005 | $858 | $1,063 | $1,222 | $1,120 |

## Barnstable Town 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 Barnstable Town Massachusetts was 3.05%** according to Census ACS data.

### Rental Vacancy Rate in Barnstable Town Massachusetts

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 5.85% | -0.47% | -0.92% |

Massachusetts | 3.48% | -0.56% | -0.98% |

Barnstable Town, MA | 3.05% | -5.09% | -6.23% |

## 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 7.05% to 3.05%. Data records for this series originated in 2005.

### Rental Vacancy Rate: Barnstable Town MA, Massachusetts, US

## Historical Rental Vacancy Rate data for Barnstable Town

Date | US | Massachusetts | Barnstable Town, MA |
---|---|---|---|

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 21.55% in 2015** according to the ACS.

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

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 20.63% | -0.26% | -0.02% |

Massachusetts | 19.78% | +0.57% | +0.75% |

Barnstable Town, MA | 21.55% | +2.20% | +1.04% |

## 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 2.41% to 21.55%. From a 2014 low of 19.34%, the fraction of income going to rent has increased by 2.20%.

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

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

Date | US | Massachusetts | Barnstable Town, MA |
---|---|---|---|

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 2015 22.59% of households were renters** according to Census ACS data.

### Barnstable Town Fraction of Renters by Household Units

2015 | 1 Year Change | 3 Year Change | |
---|---|---|---|

US | 36.97% | +0.07% | +0.88% |

Massachusetts | 38.28% | -0.12% | +0.52% |

Barnstable Town, MA | 22.59% | +1.97% | +4.18% |

## Trends in the Barnstable Town, MA Renter Fraction

The Barnstable Town household renter fraction peaked in in 2011 at 23.34% and is now 0.75% below that level. From a recent low of 18.41% in 2012, the household based renter fraction has now grown by 4.18%. The origin year for the series is 2005.

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

## History of Barnstable Town Renter Fraction

Date | US | Massachusetts | Barnstable Town, MA |
---|---|---|---|

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. ↩