Department of Numbers

Klamath County Oregon Residential Rent and Rental Statistics

The median monthly gross residential rent in Klamath County OR was $723 in 2017 according to the Census ACS survey.1 Average gross rent in Klamath County was $724 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 Klamath County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Klamath 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%
Klamath County OR Median Gross Rent $723 +2.99% -1.63%

Klamath County OR Real Gross Rent Trends

Median gross rent for Klamath County peaked in real terms in 2008 at $790 and is now $67 (8.48%) lower. Average gross rent for Klamath County peaked in real terms in 2008 at $804 and is now $80 (9.95%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Klamath County

Date US
Median
Oregon
Median
Klamath County OR
Median
Klamath County OR
Average
2017 $1,012 $1,079 $723 $724
2016 $996 $1,031 $702 $729
2015 $987 $970 $737 $791
2014 $956 $946 $735 $729
2013 $924 $906 $731 $727
2012 $912 $889 $736 $709
2011 $912 $880 $711 $730
2010 $927 $884 $753 $727
2009 $931 $905 $735 $757
2008 $947 $896 $790 $804
2007 $899 $847 $668 $677
2006 $909 $850 $700 $728

Klamath 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 Klamath County Oregon was 6.47% according to Census ACS data.

Rental Vacancy Rate in Klamath County Oregon

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Oregon 3.80% +0.63% +0.23%
Klamath County OR 6.47% +2.23% -3.32%

Trends in Klamath County OR Rental Vacancy Rate

The rental vacancy rate in Klamath County peaked in 2007 at 11.07%. Since then it has fallen by 4.60% to 6.47%. Data records for this series originated in 2005. From a 2016 post peak low of 4.24%, the rental vacancy rate has increased by 2.23%.

Rental Vacancy Rate: Klamath County OR, Oregon, US

Rental vacancy rate in Oregon

Historical Rental Vacancy Rate data for Klamath County

Date US Oregon Klamath County OR
2017 6.18% 3.80% 6.47%
2016 5.89% 3.17% 4.24%
2015 5.85% 3.64% 7.35%
2014 6.32% 3.57% 9.79%
2013 6.49% 4.45%
2012 6.77% 4.75%
2011 7.40% 5.06% 10.69%
2010 8.17% 5.60% 9.64%
2009 8.43% 6.30% 6.93%
2008 7.86% 5.71% 9.64%
2007 7.87% 5.08% 11.07%
2006 7.70% 5.57%

Rent as a Fraction of Income

Using median household income data for Klamath County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Klamath County, median monthly gross rent as a fraction of median household income was 22.29% in 2017 according to the ACS.

Klamath 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%
Klamath County OR 22.29% +4.11% +0.29%

Trends in Klamath County OR Rent as a Fraction of Income

The fraction of median Klamath County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 23.29%. Since then it has fallen by 1.00% to 22.29%.

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

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

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

Date US Oregon Klamath County OR
2017 20.13% 21.50% 22.29%
2016 20.43% 21.17% 18.18%
2015 20.63% 20.90% 19.55%
2014 20.89% 21.71% 22.01%
2013 20.78% 21.18% 23.29%
2012 20.65% 21.04% 21.95%
2011 20.70% 21.53% 22.35%
2010 20.50% 21.03% 22.15%
2009 20.12% 20.28% 19.32%
2008 19.00% 18.66% 19.48%
2007 18.66% 18.30% 15.81%
2006 18.90% 18.53% 18.86%

Renter Fraction in Klamath County Oregon

You can calculate the renter fraction in Klamath 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 Klamath County as a fraction of total Klamath County households. In 2017 33.61% of households were renters according to Census ACS data.

Klamath 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%
Klamath County OR 33.61% -2.15% -3.40%

Trends in the Klamath County OR Renter Fraction

The Klamath County household renter fraction peaked in in 2012 at 38.56% and is now 4.95% below that level. The origin year for the series is 2005.

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

Fraction of renters in Klamath County

History of Klamath County Renter Fraction

Date US Oregon Klamath County OR
2017 36.13% 37.20% 33.61%
2016 36.88% 38.31% 35.76%
2015 36.97% 38.91% 36.81%
2014 36.90% 39.28% 37.01%
2013 36.50% 39.17% 34.46%
2012 36.09% 38.44% 38.56%
2011 35.42% 39.22% 32.48%
2010 34.65% 37.45% 31.64%
2009 34.13% 36.95% 34.33%
2008 33.36% 35.66% 32.82%
2007 32.80% 35.41% 26.97%
2006 32.73% 35.22% 32.69%

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.