Department of Numbers

Dutchess County New York Residential Rent and Rental Statistics

The median monthly gross residential rent in Dutchess County NY was $1,167 in 2017 according to the Census ACS survey.1 Average gross rent in Dutchess County was $1,155 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 Dutchess County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Dutchess County New York (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
New York Median Gross Rent $1,226 +1.07% +4.34%
Dutchess County NY Median Gross Rent $1,167 +0.60% -0.77%

Dutchess County NY Real Gross Rent Trends

Median gross rent for Dutchess County peaked in real terms in 2015 at $1,191 and is now $24 (2.02%) lower. Average gross rent for Dutchess County peaked in real terms in 2015 at $1,187 and is now $32 (2.70%) lower.

Real Gross Rent: Dutchess County NY Median, Dutchess County NY Average, New York Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Dutchess County

Date US
Median
New York
Median
Dutchess County NY
Median
Dutchess County NY
Average
2017 $1,012 $1,226 $1,167 $1,155
2016 $996 $1,213 $1,160 $1,140
2015 $987 $1,207 $1,191 $1,187
2014 $956 $1,175 $1,176 $1,143
2013 $924 $1,133 $1,144 $1,131
2012 $912 $1,113 $1,098 $1,085
2011 $912 $1,108 $1,142 $1,133
2010 $927 $1,105 $1,117 $1,131
2009 $931 $1,088 $1,176 $1,136
2008 $947 $1,095 $1,187 $1,130
2007 $899 $1,033 $1,131 $1,103
2006 $909 $1,042 $1,147 $1,112

Dutchess County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Dutchess County New York was 5.29% according to Census ACS data.

Rental Vacancy Rate in Dutchess County New York

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
New York 4.19% -0.23% -0.15%
Dutchess County NY 5.29% +3.03% -2.08%

Trends in Dutchess County NY Rental Vacancy Rate

The rental vacancy rate in Dutchess County peaked in 2010 at 10.64%. Since then it has fallen by 5.35% to 5.29%. Data records for this series originated in 2005. From a 2016 post peak low of 2.26%, the rental vacancy rate has increased by 3.03%.

Rental Vacancy Rate: Dutchess County NY, New York, US

Rental vacancy rate in New York

Historical Rental Vacancy Rate data for Dutchess County

Date US New York Dutchess County NY
2017 6.18% 4.19% 5.29%
2016 5.89% 4.42% 2.26%
2015 5.85% 4.41% 5.68%
2014 6.32% 4.34% 7.37%
2013 6.49% 4.17% 6.67%
2012 6.77% 4.34% 3.38%
2011 7.40% 4.48% 8.20%
2010 8.17% 5.03% 10.64%
2009 8.43% 4.78% 5.07%
2008 7.86% 4.68% 5.40%
2007 7.87% 4.70% 9.41%
2006 7.70% 4.94% 3.90%

Rent as a Fraction of Income

Using median household income data for Dutchess County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dutchess County, median monthly gross rent as a fraction of median household income was 17.97% in 2017 according to the ACS.

Dutchess County New York Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
New York 22.67% -0.10% -0.73%
Dutchess County NY 17.97% -0.52% -1.40%

Trends in Dutchess County NY Rent as a Fraction of Income

The fraction of median Dutchess County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.37%. Since then it has fallen by 1.40% to 17.97%.

Fraction of Income towards Rent: Dutchess County NY, New York, US

Percent of median household income going towards median monthly gross rent in Dutchess County New York

Historical Data for Annual Rent as a Fraction of Income in Dutchess County New York

Date US New York Dutchess County NY
2017 20.13% 22.67% 17.97%
2016 20.43% 22.78% 18.49%
2015 20.63% 23.13% 19.34%
2014 20.89% 23.40% 19.37%
2013 20.78% 23.20% 19.18%
2012 20.65% 22.94% 19.13%
2011 20.70% 22.98% 19.31%
2010 20.50% 22.60% 17.77%
2009 20.12% 21.60% 18.37%
2008 19.00% 20.41% 17.81%
2007 18.66% 20.34% 18.02%
2006 18.90% 20.43% 17.52%

Renter Fraction in Dutchess County New York

You can calculate the renter fraction in Dutchess 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 Dutchess County as a fraction of total Dutchess County households. In 2017 29.75% of households were renters according to Census ACS data.

Dutchess County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
New York 46.20% -0.52% -0.82%
Dutchess County NY 29.75% -2.57% -3.10%

Trends in the Dutchess County NY Renter Fraction

The Dutchess County household renter fraction peaked in in 2014 at 32.85% and is now 3.10% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Dutchess County NY, New York, US

Fraction of renters in Dutchess County

History of Dutchess County Renter Fraction

Date US New York Dutchess County NY
2017 36.13% 46.20% 29.75%
2016 36.88% 46.72% 32.32%
2015 36.97% 46.93% 32.22%
2014 36.90% 47.02% 32.85%
2013 36.50% 46.35% 30.18%
2012 36.09% 46.35% 30.65%
2011 35.42% 46.41% 31.85%
2010 34.65% 45.75% 29.45%
2009 34.13% 44.97% 30.35%
2008 33.36% 44.71% 30.40%
2007 32.80% 44.48% 26.56%
2006 32.73% 44.40% 28.68%

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.