Department of Numbers

Livingston County New York Residential Rent and Rental Statistics

The median monthly gross residential rent in Livingston County NY was $761 in 2017 according to the Census ACS survey.1 Average gross rent in Livingston County was $690 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 Livingston County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Livingston 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%
Livingston County NY Median Gross Rent $761 +10.29% +2.98%

Livingston County NY Real Gross Rent Trends

Median gross rent for Livingston County peaked in real terms in 2015 at $778 and is now $17 (2.19%) lower. From a recent low of 690.0 in 2016, real median gross rent has now increased by $71 (10.29%). Average gross rent for Livingston County peaked in real terms in 2014 at $845 and is now $155 (18.34%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Livingston County

Date US
Median
New York
Median
Livingston County NY
Median
Livingston County NY
Average
2017 $1,012 $1,226 $761 $690
2016 $996 $1,213 $690 $726
2015 $987 $1,207 $778 $807
2014 $956 $1,175 $739 $845
2013 $924 $1,133 $703 $639
2012 $912 $1,113 $703 $620
2011 $912 $1,108 $736 $750
2010 $927 $1,105 $696 $633
2009 $931 $1,088
2008 $947 $1,095
2007 $899 $1,033
2006 $909 $1,042

Livingston County 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 Livingston County New York was 0.57% according to Census ACS data.

Rental Vacancy Rate in Livingston 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%
Livingston County NY

Trends in Livingston County NY Rental Vacancy Rate

The rental vacancy rate in Livingston County peaked in 2010 at 6.67%. Since then it has fallen by 6.10% to 0.57%. Data records for this series originated in 2010.

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

Rental vacancy rate in New York

Historical Rental Vacancy Rate data for Livingston County

Date US New York Livingston County NY
2017 6.18% 4.19%
2016 5.89% 4.42%
2015 5.85% 4.41% 0.57%
2014 6.32% 4.34%
2013 6.49% 4.17%
2012 6.77% 4.34%
2011 7.40% 4.48%
2010 8.17% 5.03% 6.67%
2009 8.43% 4.78%
2008 7.86% 4.68%
2007 7.87% 4.70%
2006 7.70% 4.94%

Rent as a Fraction of Income

Using median household income data for Livingston County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Livingston County, median monthly gross rent as a fraction of median household income was 16.33% in 2017 according to the ACS.

Livingston 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%
Livingston County NY 16.33% +0.99% -1.55%

Trends in Livingston County NY Rent as a Fraction of Income

The fraction of median Livingston County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2010 series origin) at 17.88%. Since then it has fallen by 1.55% to 16.33%.

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

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

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

Date US New York Livingston County NY
2017 20.13% 22.67% 16.33%
2016 20.43% 22.78% 15.34%
2015 20.63% 23.13% 16.98%
2014 20.89% 23.40% 17.88%
2013 20.78% 23.20% 15.86%
2012 20.65% 22.94% 15.38%
2011 20.70% 22.98% 16.70%
2010 20.50% 22.60% 15.21%
2009 20.12% 21.60%
2008 19.00% 20.41%
2007 18.66% 20.34%
2006 18.90% 20.43%

Renter Fraction in Livingston County New York

You can calculate the renter fraction in Livingston 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 Livingston County as a fraction of total Livingston County households. In 2017 23.44% of households were renters according to Census ACS data.

Livingston 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%
Livingston County NY 23.44% -1.97% -5.58%

Trends in the Livingston County NY Renter Fraction

The Livingston County household renter fraction peaked in in 2015 at 29.17% and is now 5.73% below that level. The origin year for the series is 2010.

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

Fraction of renters in Livingston County

History of Livingston County Renter Fraction

Date US New York Livingston County NY
2017 36.13% 46.20% 23.44%
2016 36.88% 46.72% 25.41%
2015 36.97% 46.93% 29.17%
2014 36.90% 47.02% 29.02%
2013 36.50% 46.35% 24.01%
2012 36.09% 46.35% 23.01%
2011 35.42% 46.41% 25.79%
2010 34.65% 45.75% 27.72%
2009 34.13% 44.97%
2008 33.36% 44.71%
2007 32.80% 44.48%
2006 32.73% 44.40%

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.