Department of Numbers

Josephine County Oregon Residential Rent and Rental Statistics

The median monthly gross residential rent in Josephine County OR was $861 in 2017 according to the Census ACS survey.1 Average gross rent in Josephine County was $858 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 Josephine County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Josephine 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%
Josephine County OR Median Gross Rent $861 +7.22% +2.50%

Josephine County OR Real Gross Rent Trends

Median gross rent for Josephine County peaked in real terms in 2012 at $879 and is now $18 (2.05%) lower. Average gross rent for Josephine County peaked in real terms in 2009 at $922 and is now $64 (6.94%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Josephine County

Date US
Median
Oregon
Median
Josephine County OR
Median
Josephine County OR
Average
2017 $1,012 $1,079 $861 $858
2016 $996 $1,031 $803 $815
2015 $987 $970 $862 $829
2014 $956 $946 $840 $804
2013 $924 $906 $858 $868
2012 $912 $889 $879 $799
2011 $912 $880 $795 $808
2010 $927 $884 $748 $817
2009 $931 $905 $828 $922
2008 $947 $896 $755 $755
2007 $899 $847 $818 $811
2006 $909 $850 $748 $762

Josephine County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Josephine County Oregon was 7.20% according to Census ACS data.

Rental Vacancy Rate in Josephine County Oregon

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

Trends in Josephine County OR Rental Vacancy Rate

The rental vacancy rate in Josephine County peaked in 2008 at 7.40%. Since then it has fallen by 0.20% to 7.20%. Data records for this series originated in 2005. From a 2009 post peak low of 5.61%, the rental vacancy rate has increased by 1.59%.

Rental Vacancy Rate: Josephine County OR, Oregon, US

Rental vacancy rate in Oregon

Historical Rental Vacancy Rate data for Josephine County

Date US Oregon Josephine County OR
2017 6.18% 3.80%
2016 5.89% 3.17%
2015 5.85% 3.64%
2014 6.32% 3.57% 7.20%
2013 6.49% 4.45%
2012 6.77% 4.75%
2011 7.40% 5.06% 5.97%
2010 8.17% 5.60%
2009 8.43% 6.30% 5.61%
2008 7.86% 5.71% 7.40%
2007 7.87% 5.08%
2006 7.70% 5.57%

Rent as a Fraction of Income

Using median household income data for Josephine County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Josephine County, median monthly gross rent as a fraction of median household income was 23.26% in 2017 according to the ACS.

Josephine 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%
Josephine County OR 23.26% -2.77% -3.43%

Trends in Josephine County OR Rent as a Fraction of Income

The fraction of median Josephine County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 29.70%. Since then it has fallen by 6.44% to 23.26%.

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

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

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

Date US Oregon Josephine County OR
2017 20.13% 21.50% 23.26%
2016 20.43% 21.17% 26.03%
2015 20.63% 20.90% 24.24%
2014 20.89% 21.71% 26.69%
2013 20.78% 21.18% 26.32%
2012 20.65% 21.04% 29.70%
2011 20.70% 21.53% 24.58%
2010 20.50% 21.03% 22.61%
2009 20.12% 20.28% 25.86%
2008 19.00% 18.66% 23.49%
2007 18.66% 18.30% 23.09%
2006 18.90% 18.53% 18.84%

Renter Fraction in Josephine County Oregon

You can calculate the renter fraction in Josephine 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 Josephine County as a fraction of total Josephine County households. In 2017 34.39% of households were renters according to Census ACS data.

Josephine 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%
Josephine County OR 34.39% -3.34% -0.22%

Trends in the Josephine County OR Renter Fraction

The Josephine County household renter fraction peaked in in 2016 at 37.73% and is now 3.34% below that level. The origin year for the series is 2005.

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

Fraction of renters in Josephine County

History of Josephine County Renter Fraction

Date US Oregon Josephine County OR
2017 36.13% 37.20% 34.39%
2016 36.88% 38.31% 37.73%
2015 36.97% 38.91% 34.39%
2014 36.90% 39.28% 34.61%
2013 36.50% 39.17% 33.97%
2012 36.09% 38.44% 36.05%
2011 35.42% 39.22% 34.77%
2010 34.65% 37.45% 36.02%
2009 34.13% 36.95% 33.38%
2008 33.36% 35.66% 33.27%
2007 32.80% 35.41% 30.51%
2006 32.73% 35.22% 28.08%

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.