Department of Numbers

Jefferson County Missouri Residential Rent and Rental Statistics

The median monthly gross residential rent in Jefferson County MO was $820 in 2017 according to the Census ACS survey.1 Average gross rent in Jefferson County was $833 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 Jefferson County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Jefferson County Missouri (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Missouri Median Gross Rent $800 +2.17% +3.63%
Jefferson County MO Median Gross Rent $820 -0.49% -8.17%

Jefferson County MO Real Gross Rent Trends

Median gross rent for Jefferson County peaked in real terms in 2014 at $893 and is now $73 (8.17%) lower. At $833, real average gross rent in Jefferson County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Jefferson County MO Median, Jefferson County MO Average, Missouri Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Jefferson County

Date US
Median
Missouri
Median
Jefferson County MO
Median
Jefferson County MO
Average
2017 $1,012 $800 $820 $833
2016 $996 $783 $824 $830
2015 $987 $785 $800 $768
2014 $956 $772 $893 $818
2013 $924 $750 $814 $782
2012 $912 $728 $730 $629
2011 $912 $742 $807 $747
2010 $927 $739 $689 $660
2009 $931 $738 $746 $732
2008 $947 $755 $783 $711
2007 $899 $704 $735 $678
2006 $909 $723 $756 $672

Jefferson 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 Jefferson County Missouri was 4.19% according to Census ACS data.

Rental Vacancy Rate in Jefferson County Missouri

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Missouri 6.40% -0.41% -0.76%
Jefferson County MO

Trends in Jefferson County MO Rental Vacancy Rate

The rental vacancy rate in Jefferson County peaked in 2009 at 14.96%. Since then it has fallen by 10.77% to 4.19%. Data records for this series originated in 2005.

Rental Vacancy Rate: Jefferson County MO, Missouri, US

Rental vacancy rate in Missouri

Historical Rental Vacancy Rate data for Jefferson County

Date US Missouri Jefferson County MO
2017 6.18% 6.40%
2016 5.89% 6.81% 4.19%
2015 5.85% 6.43% 5.68%
2014 6.32% 7.16% 9.12%
2013 6.49% 6.86% 9.86%
2012 6.77% 6.74% 8.52%
2011 7.40% 8.22%
2010 8.17% 8.25% 8.13%
2009 8.43% 8.24% 14.96%
2008 7.86% 8.57% 9.44%
2007 7.87% 8.36% 6.17%
2006 7.70% 8.49% 8.47%

Rent as a Fraction of Income

Using median household income data for Jefferson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Jefferson County, median monthly gross rent as a fraction of median household income was 15.81% in 2017 according to the ACS.

Jefferson County Missouri Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Missouri 17.92% +0.04% -0.79%
Jefferson County MO 15.81% 0.00% -1.83%

Trends in Jefferson County MO Rent as a Fraction of Income

The fraction of median Jefferson County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.30%. Since then it has fallen by 2.49% to 15.81%.

Fraction of Income towards Rent: Jefferson County MO, Missouri, US

Percent of median household income going towards median monthly gross rent in Jefferson County Missouri

Historical Data for Annual Rent as a Fraction of Income in Jefferson County Missouri

Date US Missouri Jefferson County MO
2017 20.13% 17.92% 15.81%
2016 20.43% 17.88% 15.81%
2015 20.63% 18.23% 15.90%
2014 20.89% 18.71% 17.64%
2013 20.78% 18.77% 17.36%
2012 20.65% 18.69% 16.17%
2011 20.70% 18.78% 18.30%
2010 20.50% 18.47% 14.50%
2009 20.12% 17.72% 15.14%
2008 19.00% 16.82% 14.08%
2007 18.66% 16.44% 13.52%
2006 18.90% 17.00% 14.26%

Renter Fraction in Jefferson County Missouri

You can calculate the renter fraction in Jefferson 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 Jefferson County as a fraction of total Jefferson County households. In 2017 20.46% of households were renters according to Census ACS data.

Jefferson County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Missouri 33.05% -0.87% -0.04%
Jefferson County MO 20.46% -2.08% +1.76%

Trends in the Jefferson County MO Renter Fraction

The Jefferson County household renter fraction peaked in in 2016 at 22.54% and is now 2.08% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Jefferson County MO, Missouri, US

Fraction of renters in Jefferson County

History of Jefferson County Renter Fraction

Date US Missouri Jefferson County MO
2017 36.13% 33.05% 20.46%
2016 36.88% 33.92% 22.54%
2015 36.97% 33.87% 20.31%
2014 36.90% 33.09% 18.70%
2013 36.50% 33.03% 18.30%
2012 36.09% 32.53% 17.69%
2011 35.42% 31.95% 19.12%
2010 34.65% 31.02% 18.51%
2009 34.13% 30.92% 15.77%
2008 33.36% 29.90% 15.58%
2007 32.80% 29.34% 15.95%
2006 32.73% 29.34% 15.12%

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.