Department of Numbers

Ashtabula County Ohio Residential Rent and Rental Statistics

The median monthly gross residential rent in Ashtabula County OH was $633 in 2017 according to the Census ACS survey.1 Average gross rent in Ashtabula County was $623 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 Ashtabula County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Ashtabula County Ohio (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Ohio Median Gross Rent $772 +0.13% +2.52%
Ashtabula County OH Median Gross Rent $633 -7.32% -0.78%

Ashtabula County OH Real Gross Rent Trends

Median gross rent for Ashtabula County peaked in real terms in 2008 at $713 and is now $80 (11.22%) lower. From a recent low of 601.0 in 2009, real median gross rent has now increased by $32 (5.32%). Average gross rent for Ashtabula County peaked in real terms in 2005 at $690 and is now $67 (9.71%) lower. From a recent low of 573.0 in 2012, real average gross rent has now increased by $50 (8.73%).

Real Gross Rent: Ashtabula County OH Median, Ashtabula County OH Average, Ohio Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Ashtabula County

Date US
Median
Ohio
Median
Ashtabula County OH
Median
Ashtabula County OH
Average
2017 $1,012 $772 $633 $623
2016 $996 $771 $683 $598
2015 $987 $768 $682 $634
2014 $956 $753 $638 $608
2013 $924 $724 $613 $584
2012 $912 $722 $613 $573
2011 $912 $725 $655 $596
2010 $927 $742 $650 $621
2009 $931 $741 $601 $606
2008 $947 $766 $713 $647
2007 $899 $733 $646 $632
2006 $909 $747 $673 $626

Ashtabula 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 Ashtabula County Ohio was 4.09% according to Census ACS data.

Rental Vacancy Rate in Ashtabula County Ohio

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Ohio 5.62% +0.18% -0.64%
Ashtabula County OH 4.09% -4.91% -2.45%

Trends in Ashtabula County OH Rental Vacancy Rate

The rental vacancy rate in Ashtabula County peaked in 2009 at 9.32%. Since then it has fallen by 5.23% to 4.09%. Data records for this series originated in 2005.

Rental Vacancy Rate: Ashtabula County OH, Ohio, US

Rental vacancy rate in Ohio

Historical Rental Vacancy Rate data for Ashtabula County

Date US Ohio Ashtabula County OH
2017 6.18% 5.62% 4.09%
2016 5.89% 5.44% 9.00%
2015 5.85% 5.56% 4.45%
2014 6.32% 6.26% 6.54%
2013 6.49% 6.15% 9.01%
2012 6.77% 7.08% 8.63%
2011 7.40% 7.89% 5.52%
2010 8.17% 9.45% 9.17%
2009 8.43% 9.17% 9.32%
2008 7.86% 9.68%
2007 7.87% 10.00% 7.51%
2006 7.70% 10.68% 5.49%

Rent as a Fraction of Income

Using median household income data for Ashtabula County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Ashtabula County, median monthly gross rent as a fraction of median household income was 17.20% in 2017 according to the ACS.

Ashtabula County Ohio Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Ohio 17.15% -0.25% -0.74%
Ashtabula County OH 17.20% -1.60% -1.93%

Trends in Ashtabula County OH Rent as a Fraction of Income

The fraction of median Ashtabula County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 19.79%. Since then it has fallen by 2.60% to 17.20%.

Fraction of Income towards Rent: Ashtabula County OH, Ohio, US

Percent of median household income going towards median monthly gross rent in Ashtabula County Ohio

Historical Data for Annual Rent as a Fraction of Income in Ashtabula County Ohio

Date US Ohio Ashtabula County OH
2017 20.13% 17.15% 17.20%
2016 20.43% 17.40% 18.80%
2015 20.63% 17.53% 17.87%
2014 20.89% 17.89% 19.13%
2013 20.78% 17.70% 17.63%
2012 20.65% 17.94% 19.79%
2011 20.70% 18.15% 19.63%
2010 20.50% 18.23% 18.58%
2009 20.12% 17.71% 16.48%
2008 19.00% 16.68% 17.57%
2007 18.66% 16.56% 17.09%
2006 18.90% 16.90% 18.02%

Renter Fraction in Ashtabula County Ohio

You can calculate the renter fraction in Ashtabula 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 Ashtabula County as a fraction of total Ashtabula County households. In 2017 33.80% of households were renters according to Census ACS data.

Ashtabula County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Ohio 34.22% -0.42% -0.45%
Ashtabula County OH 33.80% +5.65% +3.44%

Trends in the Ashtabula County OH Renter Fraction

At 33.80%, the 2017 household based renter fraction in Ashtabula County was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Ashtabula County OH, Ohio, US

Fraction of renters in Ashtabula County

History of Ashtabula County Renter Fraction

Date US Ohio Ashtabula County OH
2017 36.13% 34.22% 33.80%
2016 36.88% 34.64% 28.15%
2015 36.97% 34.59% 31.15%
2014 36.90% 34.67% 30.36%
2013 36.50% 33.93% 26.37%
2012 36.09% 33.71% 28.35%
2011 35.42% 33.02% 28.78%
2010 34.65% 31.60% 27.46%
2009 34.13% 31.95% 27.94%
2008 33.36% 30.95% 29.25%
2007 32.80% 30.32% 27.63%
2006 32.73% 29.99% 30.57%

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.