Department of Numbers

Muskingum County Ohio Residential Rent and Rental Statistics

The median monthly gross residential rent in Muskingum County OH was $655 in 2017 according to the Census ACS survey.1 Average gross rent in Muskingum County was $595 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 Muskingum County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Muskingum 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%
Muskingum County OH Median Gross Rent $655 -1.65% +0.46%

Muskingum County OH Real Gross Rent Trends

Median gross rent for Muskingum County peaked in real terms in 2013 at $670 and is now $15 (2.24%) lower. Average gross rent for Muskingum County peaked in real terms in 2016 at $687 and is now $92 (13.39%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Muskingum County

Date US
Median
Ohio
Median
Muskingum County OH
Median
Muskingum County OH
Average
2017 $1,012 $772 $655 $595
2016 $996 $771 $666 $687
2015 $987 $768 $663 $626
2014 $956 $753 $652 $639
2013 $924 $724 $670 $610
2012 $912 $722 $622 $607
2011 $912 $725 $658 $586
2010 $927 $742 $638 $626
2009 $931 $741 $628 $623
2008 $947 $766 $660 $606
2007 $899 $733 $596 $613
2006 $909 $747 $581 $544

Muskingum 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 Muskingum County Ohio was 6.27% according to Census ACS data.

Rental Vacancy Rate in Muskingum County Ohio

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

Trends in Muskingum County OH Rental Vacancy Rate

The rental vacancy rate in Muskingum County peaked in 2012 at 10.06%. Since then it has fallen by 3.79% to 6.27%. Data records for this series originated in 2005.

Rental Vacancy Rate: Muskingum County OH, Ohio, US

Rental vacancy rate in Ohio

Historical Rental Vacancy Rate data for Muskingum County

Date US Ohio Muskingum County OH
2017 6.18% 5.62%
2016 5.89% 5.44%
2015 5.85% 5.56% 6.27%
2014 6.32% 6.26%
2013 6.49% 6.15% 6.79%
2012 6.77% 7.08% 10.06%
2011 7.40% 7.89% 6.52%
2010 8.17% 9.45%
2009 8.43% 9.17%
2008 7.86% 9.68%
2007 7.87% 10.00%
2006 7.70% 10.68%

Rent as a Fraction of Income

Using median household income data for Muskingum County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Muskingum County, median monthly gross rent as a fraction of median household income was 18.23% in 2017 according to the ACS.

Muskingum 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%
Muskingum County OH 18.23% +0.10% -0.31%

Trends in Muskingum County OH Rent as a Fraction of Income

The fraction of median Muskingum County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 20.08%. Since then it has fallen by 1.84% to 18.23%.

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

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

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

Date US Ohio Muskingum County OH
2017 20.13% 17.15% 18.23%
2016 20.43% 17.40% 18.13%
2015 20.63% 17.53% 18.05%
2014 20.89% 17.89% 18.54%
2013 20.78% 17.70% 20.08%
2012 20.65% 17.94% 18.43%
2011 20.70% 18.15% 19.70%
2010 20.50% 18.23% 17.28%
2009 20.12% 17.71% 18.43%
2008 19.00% 16.68% 16.60%
2007 18.66% 16.56% 15.42%
2006 18.90% 16.90% 16.25%

Renter Fraction in Muskingum County Ohio

You can calculate the renter fraction in Muskingum 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 Muskingum County as a fraction of total Muskingum County households. In 2017 28.07% of households were renters according to Census ACS data.

Muskingum 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%
Muskingum County OH 28.07% -5.06% -7.58%

Trends in the Muskingum County OH Renter Fraction

The Muskingum County household renter fraction peaked in in 2014 at 35.65% and is now 7.58% below that level. The origin year for the series is 2005.

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

Fraction of renters in Muskingum County

History of Muskingum County Renter Fraction

Date US Ohio Muskingum County OH
2017 36.13% 34.22% 28.07%
2016 36.88% 34.64% 33.13%
2015 36.97% 34.59% 35.10%
2014 36.90% 34.67% 35.65%
2013 36.50% 33.93% 31.01%
2012 36.09% 33.71% 31.61%
2011 35.42% 33.02% 30.91%
2010 34.65% 31.60% 30.46%
2009 34.13% 31.95% 31.61%
2008 33.36% 30.95% 28.26%
2007 32.80% 30.32% 26.21%
2006 32.73% 29.99% 27.56%

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.