Department of Numbers

Greene County Ohio Residential Rent and Rental Statistics

The median monthly gross residential rent in Greene County OH was $868 in 2017 according to the Census ACS survey.1 Average gross rent in Greene County was $881 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 Greene County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Greene 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%
Greene County OH Median Gross Rent $868 +2.97% +2.00%

Greene County OH Real Gross Rent Trends

Median gross rent for Greene County peaked in real terms in 2005 at $914 and is now $46 (5.03%) lower. From a recent low of 815.0 in 2006, real median gross rent has now increased by $53 (6.50%). Average gross rent for Greene County peaked in real terms in 2008 at $915 and is now $34 (3.72%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Greene County

Date US
Median
Ohio
Median
Greene County OH
Median
Greene County OH
Average
2017 $1,012 $772 $868 $881
2016 $996 $771 $843 $877
2015 $987 $768 $882 $904
2014 $956 $753 $851 $829
2013 $924 $724 $826 $828
2012 $912 $722 $838 $835
2011 $912 $725 $860 $885
2010 $927 $742 $838 $824
2009 $931 $741 $830 $825
2008 $947 $766 $912 $915
2007 $899 $733 $819 $804
2006 $909 $747 $815 $823

Greene 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 Greene County Ohio was 5.81% according to Census ACS data.

Rental Vacancy Rate in Greene County Ohio

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Ohio 5.62% +0.18% -0.64%
Greene County OH 5.81% +3.71%

Trends in Greene County OH Rental Vacancy Rate

The rental vacancy rate in Greene County peaked in 2011 at 7.54%. Since then it has fallen by 1.73% to 5.81%. Data records for this series originated in 2005. From a 2016 post peak low of 2.10%, the rental vacancy rate has increased by 3.71%.

Rental Vacancy Rate: Greene County OH, Ohio, US

Rental vacancy rate in Ohio

Historical Rental Vacancy Rate data for Greene County

Date US Ohio Greene County OH
2017 6.18% 5.62% 5.81%
2016 5.89% 5.44% 2.10%
2015 5.85% 5.56%
2014 6.32% 6.26%
2013 6.49% 6.15% 5.69%
2012 6.77% 7.08% 3.50%
2011 7.40% 7.89% 7.54%
2010 8.17% 9.45% 5.29%
2009 8.43% 9.17%
2008 7.86% 9.68%
2007 7.87% 10.00% 5.00%
2006 7.70% 10.68%

Rent as a Fraction of Income

Using median household income data for Greene County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Greene County, median monthly gross rent as a fraction of median household income was 15.34% in 2017 according to the ACS.

Greene 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%
Greene County OH 15.34% -0.72% -1.74%

Trends in Greene County OH Rent as a Fraction of Income

The fraction of median Greene County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 18.54%. Since then it has fallen by 3.21% to 15.34%.

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

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

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

Date US Ohio Greene County OH
2017 20.13% 17.15% 15.34%
2016 20.43% 17.40% 16.06%
2015 20.63% 17.53% 17.20%
2014 20.89% 17.89% 17.08%
2013 20.78% 17.70% 16.21%
2012 20.65% 17.94% 18.54%
2011 20.70% 18.15% 17.53%
2010 20.50% 18.23% 18.17%
2009 20.12% 17.71% 16.29%
2008 19.00% 16.68% 16.47%
2007 18.66% 16.56% 15.81%
2006 18.90% 16.90% 14.68%

Renter Fraction in Greene County Ohio

You can calculate the renter fraction in Greene 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 Greene County as a fraction of total Greene County households. In 2017 33.01% of households were renters according to Census ACS data.

Greene 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%
Greene County OH 33.01% -1.70% -0.44%

Trends in the Greene County OH Renter Fraction

The Greene County household renter fraction peaked in in 2016 at 34.71% and is now 1.70% below that level. The origin year for the series is 2005.

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

Fraction of renters in Greene County

History of Greene County Renter Fraction

Date US Ohio Greene County OH
2017 36.13% 34.22% 33.01%
2016 36.88% 34.64% 34.71%
2015 36.97% 34.59% 33.78%
2014 36.90% 34.67% 33.45%
2013 36.50% 33.93% 32.55%
2012 36.09% 33.71% 33.29%
2011 35.42% 33.02% 33.22%
2010 34.65% 31.60% 32.42%
2009 34.13% 31.95% 32.48%
2008 33.36% 30.95% 32.30%
2007 32.80% 30.32% 32.46%
2006 32.73% 29.99% 30.87%

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.