Cass County North Dakota Residential Rent and Rental Statistics
The median monthly gross residential rent in Cass County ND was $794 in 2017 according to the Census ACS survey.1 Average gross rent in Cass County was $843 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 Cass County median and average rent data will be released in September of 2019.
Data is also available below for Cass County rental vacancy rates, Cass County rent as a percent of median income and the fraction of renters in Cass County.
Real Gross Rent in Cass County North Dakota (2017 dollars)2
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,012 | +1.61% | +5.86% |
North Dakota Median Gross Rent | $785 | -0.38% | +5.37% |
Cass County ND Median Gross Rent | $794 | +1.28% | +8.77% |
Cass County ND Real Gross Rent Trends
At $794, real median gross rent in Cass County was at its highest level in 2017 since the series began in 2005. At $843, real average gross rent in Cass County was at its highest level in 2017 since the series began in 2005.
Real Gross Rent: Cass County ND Median, Cass County ND Average, North Dakota Median, US Median
Real Gross Rent History for Cass County
Date | US Median |
North Dakota Median |
Cass County ND Median |
Cass County ND Average |
---|---|---|---|---|
2017 | $1,012 | $785 | $794 | $843 |
2016 | $996 | $788 | $784 | $840 |
2015 | $987 | $797 | $778 | $826 |
2014 | $956 | $745 | $730 | $765 |
2013 | $924 | $705 | $721 | $778 |
2012 | $912 | $664 | $683 | $747 |
2011 | $912 | $656 | $684 | $710 |
2010 | $927 | $632 | $669 | $745 |
2009 | $931 | $623 | $674 | $702 |
2008 | $947 | $613 | $670 | $770 |
2007 | $899 | $588 | $652 | $722 |
2006 | $909 | $592 | $667 | $728 |
Cass 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 Cass County North Dakota was 8.33% according to Census ACS data.
Rental Vacancy Rate in Cass County North Dakota
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 6.18% | +0.29% | -0.14% |
North Dakota | 12.49% | +2.82% | +6.07% |
Cass County ND | 8.33% | — | +4.57% |
Trends in Cass County ND Rental Vacancy Rate
At 8.33%, Cass County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Cass County ND, North Dakota, US
Historical Rental Vacancy Rate data for Cass County
Date | US | North Dakota | Cass County ND |
---|---|---|---|
2017 | 6.18% | 12.49% | 8.33% |
2016 | 5.89% | 9.67% | — |
2015 | 5.85% | 7.41% | — |
2014 | 6.32% | 6.42% | 3.76% |
2013 | 6.49% | 6.35% | 2.94% |
2012 | 6.77% | 5.31% | 5.60% |
2011 | 7.40% | 4.53% | — |
2010 | 8.17% | 6.39% | — |
2009 | 8.43% | 7.59% | 4.63% |
2008 | 7.86% | 6.26% | 2.33% |
2007 | 7.87% | 7.41% | — |
2006 | 7.70% | 5.81% | — |
Rent as a Fraction of Income
Using median household income data for Cass County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cass County, median monthly gross rent as a fraction of median household income was 14.73% in 2017 according to the ACS.
Cass County North Dakota Median Annual Rent as a Fraction of Median Household Income
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.13% | -0.30% | -0.76% |
North Dakota | 15.23% | -0.12% | +0.43% |
Cass County ND | 14.73% | -0.91% | -1.54% |
Trends in Cass County ND Rent as a Fraction of Income
The fraction of median Cass County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 16.89%. Since then it has fallen by 2.16% to 14.73%.
Fraction of Income towards Rent: Cass County ND, North Dakota, US
Historical Data for Annual Rent as a Fraction of Income in Cass County North Dakota
Date | US | North Dakota | Cass County ND |
---|---|---|---|
2017 | 20.13% | 15.23% | 14.73% |
2016 | 20.43% | 15.35% | 15.64% |
2015 | 20.63% | 15.36% | 16.89% |
2014 | 20.89% | 14.80% | 16.26% |
2013 | 20.78% | 14.85% | 16.29% |
2012 | 20.65% | 14.42% | 15.57% |
2011 | 20.70% | 14.53% | 15.23% |
2010 | 20.50% | 14.37% | 14.63% |
2009 | 20.12% | 14.15% | 16.10% |
2008 | 19.00% | 14.03% | 15.30% |
2007 | 18.66% | 14.15% | 16.11% |
2006 | 18.90% | 14.23% | 14.44% |
Renter Fraction in Cass County North Dakota
You can calculate the renter fraction in Cass 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 Cass County as a fraction of total Cass County households. In 2017 44.02% of households were renters according to Census ACS data.
Cass County Fraction of Renters by Household Units
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 36.13% | -0.75% | -0.77% |
North Dakota | 36.59% | -0.20% | +0.43% |
Cass County ND | 44.02% | -4.77% | -2.59% |
Trends in the Cass County ND Renter Fraction
The Cass County household renter fraction peaked in in 2015 at 50.16% and is now 6.14% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cass County ND, North Dakota, US
History of Cass County Renter Fraction
Date | US | North Dakota | Cass County ND |
---|---|---|---|
2017 | 36.13% | 36.59% | 44.02% |
2016 | 36.88% | 36.79% | 48.79% |
2015 | 36.97% | 38.32% | 50.16% |
2014 | 36.90% | 36.16% | 46.61% |
2013 | 36.50% | 35.17% | 48.48% |
2012 | 36.09% | 34.97% | 46.98% |
2011 | 35.42% | 34.29% | 45.97% |
2010 | 34.65% | 33.07% | 47.94% |
2009 | 34.13% | 34.00% | 46.61% |
2008 | 33.36% | 33.40% | 45.31% |
2007 | 32.80% | 34.28% | 47.52% |
2006 | 32.73% | 33.30% | 44.79% |
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. ↩