Department of Numbers

Clackamas County Oregon Residential Rent and Rental Statistics

The median monthly gross residential rent in Clackamas County OR was $1,239 in 2017 according to the Census ACS survey.1 Average gross rent in Clackamas County was $1,272 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 Clackamas County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Clackamas County Oregon (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Oregon Median Gross Rent $1,079 +4.66% +14.06%
Clackamas County OR Median Gross Rent $1,239 +1.64% +18.79%

Clackamas County OR Real Gross Rent Trends

At $1,239, real median gross rent in Clackamas County was at its highest level in 2017 since the series began in 2005. At $1,272, real average gross rent in Clackamas County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Clackamas County OR Median, Clackamas County OR Average, Oregon Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Clackamas County

Date US
Median
Oregon
Median
Clackamas County OR
Median
Clackamas County OR
Average
2017 $1,012 $1,079 $1,239 $1,272
2016 $996 $1,031 $1,219 $1,243
2015 $987 $970 $1,140 $1,166
2014 $956 $946 $1,043 $1,104
2013 $924 $906 $1,059 $1,147
2012 $912 $889 $1,015 $1,092
2011 $912 $880 $973 $1,072
2010 $927 $884 $958 $1,066
2009 $931 $905 $984 $1,084
2008 $947 $896 $1,007 $1,072
2007 $899 $847 $925 $979
2006 $909 $850 $967 $1,043

Clackamas 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 Clackamas County Oregon was 2.91% according to Census ACS data.

Rental Vacancy Rate in Clackamas County Oregon

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Oregon 3.80% +0.63% +0.23%
Clackamas County OR 2.91% -2.02% -0.23%

Trends in Clackamas County OR Rental Vacancy Rate

The rental vacancy rate in Clackamas County peaked in 2008 at 8.89%. Since then it has fallen by 5.98% to 2.91%. Data records for this series originated in 2005. From a 2015 post peak low of 1.29%, the rental vacancy rate has increased by 1.62%.

Rental Vacancy Rate: Clackamas County OR, Oregon, US

Rental vacancy rate in Oregon

Historical Rental Vacancy Rate data for Clackamas County

Date US Oregon Clackamas County OR
2017 6.18% 3.80% 2.91%
2016 5.89% 3.17% 4.93%
2015 5.85% 3.64% 1.29%
2014 6.32% 3.57% 3.14%
2013 6.49% 4.45% 2.18%
2012 6.77% 4.75% 4.03%
2011 7.40% 5.06% 4.52%
2010 8.17% 5.60% 7.31%
2009 8.43% 6.30% 6.72%
2008 7.86% 5.71% 8.89%
2007 7.87% 5.08% 5.54%
2006 7.70% 5.57% 4.93%

Rent as a Fraction of Income

Using median household income data for Clackamas County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clackamas County, median monthly gross rent as a fraction of median household income was 18.61% in 2017 according to the ACS.

Clackamas County Oregon Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Oregon 21.50% +0.33% -0.21%
Clackamas County OR 18.61% -0.61% -0.11%

Trends in Clackamas County OR Rent as a Fraction of Income

The fraction of median Clackamas County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 19.23%. Since then it has fallen by 0.61% to 18.61%.

Fraction of Income towards Rent: Clackamas County OR, Oregon, US

Percent of median household income going towards median monthly gross rent in Clackamas County Oregon

Historical Data for Annual Rent as a Fraction of Income in Clackamas County Oregon

Date US Oregon Clackamas County OR
2017 20.13% 21.50% 18.61%
2016 20.43% 21.17% 19.23%
2015 20.63% 20.90% 19.10%
2014 20.89% 21.71% 18.72%
2013 20.78% 21.18% 18.64%
2012 20.65% 21.04% 18.33%
2011 20.70% 21.53% 19.20%
2010 20.50% 21.03% 18.51%
2009 20.12% 20.28% 17.84%
2008 19.00% 18.66% 15.92%
2007 18.66% 18.30% 15.92%
2006 18.90% 18.53% 17.40%

Renter Fraction in Clackamas County Oregon

You can calculate the renter fraction in Clackamas 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 Clackamas County as a fraction of total Clackamas County households. In 2017 28.40% of households were renters according to Census ACS data.

Clackamas County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Oregon 37.20% -1.11% -2.08%
Clackamas County OR 28.40% -1.14% -2.61%

Trends in the Clackamas County OR Renter Fraction

The Clackamas County household renter fraction peaked in in 2011 at 32.62% and is now 4.22% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Clackamas County OR, Oregon, US

Fraction of renters in Clackamas County

History of Clackamas County Renter Fraction

Date US Oregon Clackamas County OR
2017 36.13% 37.20% 28.40%
2016 36.88% 38.31% 29.54%
2015 36.97% 38.91% 30.71%
2014 36.90% 39.28% 31.01%
2013 36.50% 39.17% 31.87%
2012 36.09% 38.44% 31.29%
2011 35.42% 39.22% 32.62%
2010 34.65% 37.45% 30.36%
2009 34.13% 36.95% 29.64%
2008 33.36% 35.66% 27.74%
2007 32.80% 35.41% 29.75%
2006 32.73% 35.22% 29.69%

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.