Butler County Ohio Residential Rent and Rental Statistics
The median monthly gross residential rent in Butler County OH was $917 in 2019 according to the Census ACS survey.1 Average gross rent in Butler County was $932 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Butler County median and average rent data will be released in September of 2021.
Data is also available below for Butler County rental vacancy rates, Butler County rent as a percent of median income and the fraction of renters in Butler County.
Real Gross Rent in Butler County Ohio (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Ohio Median Gross Rent | $813 | +0.25% | +2.26% |
| Butler County OH Median Gross Rent | $917 | +2.92% | +5.04% |
Butler County OH Real Gross Rent Trends
At $917, real median gross rent in Butler County was at its highest level in 2019 since the series began in 2005. Average gross rent for Butler County peaked in real terms in 2008 at $934 and is now $2 (0.21%) lower.
Real Gross Rent: Butler County OH Median, Butler County OH Average, Ohio Median, US Median
Real Gross Rent History for Butler County
| Date | US Median |
Ohio Median |
Butler County OH Median |
Butler County OH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $813 | $917 | $932 |
| 2018 | $1,077 | $811 | $891 | $894 |
| 2017 | $1,043 | $796 | $835 | $851 |
| 2016 | $1,027 | $795 | $873 | $932 |
| 2015 | $1,017 | $791 | $870 | $882 |
| 2014 | $986 | $776 | $874 | $889 |
| 2013 | $953 | $747 | $833 | $829 |
| 2012 | $940 | $745 | $832 | $807 |
| 2011 | $941 | $747 | $836 | $865 |
| 2010 | $955 | $765 | $853 | $844 |
| 2009 | $960 | $764 | $845 | $875 |
| 2007 | $927 | $755 | $833 | $797 |
| 2005 | $910 | $766 | $853 | $843 |
Butler County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Butler County Ohio was 4.79% according to Census ACS data.
Rental Vacancy Rate in Butler County Ohio
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Ohio | 4.67% | -0.87% | -0.77% |
| Butler County OH | 4.79% | +2.07% | -0.38% |
Trends in Butler County OH Rental Vacancy Rate
The rental vacancy rate in Butler County peaked in 2006 at 13.96%. Since then it has fallen by 9.17% to 4.79%. Data records for this series originated in 2005. From a 2018 post peak low of 2.72%, the rental vacancy rate has increased by 2.07%.
Rental Vacancy Rate: Butler County OH, Ohio, US
Historical Rental Vacancy Rate data for Butler County
| Date | US | Ohio | Butler County OH |
|---|---|---|---|
| 2019 | 5.97% | 4.67% | 4.79% |
| 2018 | 6.15% | 5.54% | 2.72% |
| 2017 | 6.18% | 5.62% | 6.92% |
| 2016 | 5.89% | 5.44% | 5.17% |
| 2015 | 5.85% | 5.56% | 6.65% |
| 2014 | 6.32% | 6.26% | 5.43% |
| 2013 | 6.49% | 6.15% | 6.09% |
| 2012 | 6.77% | 7.08% | 7.11% |
| 2011 | 7.40% | 7.89% | 7.86% |
| 2010 | 8.17% | 9.45% | 10.32% |
| 2009 | 8.43% | 9.17% | 8.84% |
| 2007 | 7.87% | 10.00% | 10.94% |
| 2005 | 7.74% | 10.37% | 11.71% |
Rent as a Fraction of Income
Using median household income data for Butler County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Butler County, median monthly gross rent as a fraction of median household income was 16.04% in 2019 according to the ACS.
Butler County Ohio Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Ohio | 16.64% | -0.41% | -0.77% |
| Butler County OH | 16.04% | -1.29% | +0.23% |
Trends in Butler County OH Rent as a Fraction of Income
The fraction of median Butler County household income required to pay median monthly gross rent peaked in 2008 (relative to the 2005 series origin) at 17.71%. Since then it has fallen by 1.67% to 16.04%. From a 2017 low of 15.18%, the fraction of income going to rent has increased by 0.86%.
Fraction of Income towards Rent: Butler County OH, Ohio, US
Historical Data for Annual Rent as a Fraction of Income in Butler County Ohio
| Date | US | Ohio | Butler County OH |
|---|---|---|---|
| 2019 | 20.03% | 16.64% | 16.04% |
| 2018 | 20.50% | 17.04% | 17.33% |
| 2017 | 20.13% | 17.15% | 15.18% |
| 2016 | 20.43% | 17.40% | 15.82% |
| 2015 | 20.63% | 17.53% | 16.74% |
| 2014 | 20.89% | 17.89% | 16.92% |
| 2013 | 20.78% | 17.70% | 16.96% |
| 2012 | 20.65% | 17.94% | 16.85% |
| 2011 | 20.70% | 18.15% | 17.48% |
| 2010 | 20.50% | 18.23% | 16.79% |
| 2009 | 20.12% | 17.71% | 16.65% |
| 2007 | 18.66% | 16.56% | 16.07% |
| 2005 | 18.89% | 16.91% | 16.32% |
Renter Fraction in Butler County Ohio
You can calculate the renter fraction in Butler 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 Butler County as a fraction of total Butler County households. In 2019 32.21% of households were renters according to Census ACS data.
Butler County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Ohio | 33.96% | -0.17% | -0.68% |
| Butler County OH | 32.21% | -2.68% | -0.95% |
Trends in the Butler County OH Renter Fraction
The Butler County household renter fraction peaked in in 2018 at 34.89% and is now 2.68% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Butler County OH, Ohio, US
History of Butler County Renter Fraction
| Date | US | Ohio | Butler County OH |
|---|---|---|---|
| 2019 | 35.89% | 33.96% | 32.21% |
| 2018 | 36.05% | 34.13% | 34.89% |
| 2017 | 36.13% | 34.22% | 31.05% |
| 2016 | 36.88% | 34.64% | 33.16% |
| 2015 | 36.97% | 34.59% | 31.41% |
| 2014 | 36.90% | 34.67% | 30.89% |
| 2013 | 36.50% | 33.93% | 33.35% |
| 2012 | 36.09% | 33.71% | 27.81% |
| 2011 | 35.42% | 33.02% | 28.33% |
| 2010 | 34.65% | 31.60% | 27.87% |
| 2009 | 34.13% | 31.95% | 28.79% |
| 2007 | 32.80% | 30.32% | 28.81% |
| 2005 | 33.10% | 30.06% | 28.87% |
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. ↩
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