Department of Numbers

Trumbull County Ohio Residential Rent and Rental Statistics

The median monthly gross residential rent in Trumbull County OH was $669 in 2019 according to the Census ACS survey.1 Average gross rent in Trumbull County was $657 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 Trumbull County median and average rent data will be released in September of 2021.

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

Show dollars as: Nominal Real

Real Gross Rent in Trumbull 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%
Trumbull County OH Median Gross Rent $669 -1.91% -1.18%

Trumbull County OH Real Gross Rent Trends

Median gross rent for Trumbull County peaked in real terms in 2008 at $724 and is now $55 (7.60%) lower. Average gross rent for Trumbull County peaked in real terms in 2008 at $732 and is now $75 (10.25%) lower. From a recent low of 607.0 in 2013, real average gross rent has now increased by $50 (8.24%).

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Trumbull County

Date US
Median
Ohio
Median
Trumbull County OH
Median
Trumbull County OH
Average
2019 $1,097 $813 $669 $657
2018 $1,077 $811 $682 $672
2017 $1,043 $796 $673 $627
2016 $1,027 $795 $677 $648
2015 $1,017 $791 $651 $626
2014 $986 $776 $648 $631
2013 $953 $747 $659 $607
2012 $940 $745 $663 $613
2011 $941 $747 $636 $611
2010 $955 $765 $647 $635
2009 $960 $764 $650 $613

more history ...

Trumbull 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 Trumbull County Ohio was 6.73% according to Census ACS data.

Rental Vacancy Rate in Trumbull County Ohio

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Ohio 4.67% -0.87% -0.77%
Trumbull County OH 6.73% +1.08% +0.10%

Trends in Trumbull County OH Rental Vacancy Rate

The rental vacancy rate in Trumbull County peaked in 2009 at 15.83%. Since then it has fallen by 9.10% to 6.73%. Data records for this series originated in 2005. From a 2015 post peak low of 3.77%, the rental vacancy rate has increased by 2.96%.

Rental Vacancy Rate: Trumbull County OH, Ohio, US

Rental vacancy rate in Ohio

Historical Rental Vacancy Rate data for Trumbull County

Date US Ohio Trumbull County OH
2019 5.97% 4.67% 6.73%
2018 6.15% 5.54% 5.65%
2017 6.18% 5.62% 5.15%
2016 5.89% 5.44% 6.63%
2015 5.85% 5.56% 3.77%
2014 6.32% 6.26% 6.98%
2013 6.49% 6.15% 8.35%
2012 6.77% 7.08% 8.04%
2011 7.40% 7.89% 9.55%
2010 8.17% 9.45% 10.80%
2009 8.43% 9.17% 15.83%

more history ...

Rent as a Fraction of Income

Using median household income data for Trumbull County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Trumbull County, median monthly gross rent as a fraction of median household income was 17.05% in 2019 according to the ACS.

Trumbull 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%
Trumbull County OH 17.05% -0.35% +0.01%

Trends in Trumbull County OH Rent as a Fraction of Income

The fraction of median Trumbull County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 18.21%. Since then it has fallen by 1.16% to 17.05%.

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

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

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

Date US Ohio Trumbull County OH
2019 20.03% 16.64% 17.05%
2018 20.50% 17.04% 17.40%
2017 20.13% 17.15% 16.96%
2016 20.43% 17.40% 17.04%
2015 20.63% 17.53% 17.39%
2014 20.89% 17.89% 17.12%
2013 20.78% 17.70% 17.97%
2012 20.65% 17.94% 18.21%
2011 20.70% 18.15% 17.30%
2010 20.50% 18.23% 17.30%
2009 20.12% 17.71% 16.73%

more history ...

Renter Fraction in Trumbull County Ohio

You can calculate the renter fraction in Trumbull 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 Trumbull County as a fraction of total Trumbull County households. In 2019 29.65% of households were renters according to Census ACS data.

Trumbull 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%
Trumbull County OH 29.65% +2.24% -2.73%

Trends in the Trumbull County OH Renter Fraction

The Trumbull County household renter fraction peaked in in 2016 at 32.38% and is now 2.73% below that level. The origin year for the series is 2005.

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

Fraction of renters in Trumbull County

History of Trumbull County Renter Fraction

Date US Ohio Trumbull County OH
2019 35.89% 33.96% 29.65%
2018 36.05% 34.13% 27.41%
2017 36.13% 34.22% 28.09%
2016 36.88% 34.64% 32.38%
2015 36.97% 34.59% 29.68%
2014 36.90% 34.67% 29.77%
2013 36.50% 33.93% 29.78%
2012 36.09% 33.71% 30.29%
2011 35.42% 33.02% 29.27%
2010 34.65% 31.60% 27.28%
2009 34.13% 31.95% 24.39%

more history ...

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.