Yamhill County Oregon Residential Rent and Rental Statistics
The median monthly gross residential rent in Yamhill County OR was $1,042 in 2017 according to the Census ACS survey.1 Average gross rent in Yamhill County was $1,055 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 Yamhill County median and average rent data will be released in September of 2019.
Data is also available below for Yamhill County rental vacancy rates, Yamhill County rent as a percent of median income and the fraction of renters in Yamhill County.
Real Gross Rent in Yamhill 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% |
| Yamhill County OR Median Gross Rent | $1,042 | +17.08% | +16.69% |
Yamhill County OR Real Gross Rent Trends
At $1,042, real median gross rent in Yamhill County was at its highest level in 2017 since the series began in 2005. At $1,055, real average gross rent in Yamhill County was at its highest level in 2017 since the series began in 2005.
Real Gross Rent: Yamhill County OR Median, Yamhill County OR Average, Oregon Median, US Median
Real Gross Rent History for Yamhill County
| Date | US Median |
Oregon Median |
Yamhill County OR Median |
Yamhill County OR Average |
|---|---|---|---|---|
| 2017 | $1,012 | $1,079 | $1,042 | $1,055 |
| 2016 | $996 | $1,031 | $890 | $960 |
| 2015 | $987 | $970 | $925 | $970 |
| 2014 | $956 | $946 | $893 | $997 |
| 2013 | $924 | $906 | $1,013 | $1,054 |
| 2012 | $912 | $889 | $925 | $923 |
| 2011 | $912 | $880 | $873 | $916 |
| 2010 | $927 | $884 | $942 | $986 |
| 2009 | $931 | $905 | $868 | $936 |
| 2008 | $947 | $896 | $881 | $896 |
| 2007 | $899 | $847 | $845 | $852 |
| 2006 | $909 | $850 | $800 | $844 |
Historical Rental Vacancy Rate data for Yamhill County
| Date | US | Oregon | Yamhill County OR |
|---|---|---|---|
| 2017 | 6.18% | 3.80% | — |
| 2016 | 5.89% | 3.17% | — |
| 2015 | 5.85% | 3.64% | — |
| 2014 | 6.32% | 3.57% | — |
| 2013 | 6.49% | 4.45% | — |
| 2012 | 6.77% | 4.75% | — |
| 2011 | 7.40% | 5.06% | — |
| 2010 | 8.17% | 5.60% | — |
| 2009 | 8.43% | 6.30% | — |
| 2008 | 7.86% | 5.71% | — |
| 2007 | 7.87% | 5.08% | 7.20% |
| 2006 | 7.70% | 5.57% | — |
Rent as a Fraction of Income
Using median household income data for Yamhill County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Yamhill County, median monthly gross rent as a fraction of median household income was 19.51% in 2017 according to the ACS.
Yamhill 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% |
| Yamhill County OR | 19.51% | +2.44% | -0.52% |
Trends in Yamhill County OR Rent as a Fraction of Income
The fraction of median Yamhill County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 22.79%. Since then it has fallen by 3.29% to 19.51%.
Fraction of Income towards Rent: Yamhill County OR, Oregon, US
Historical Data for Annual Rent as a Fraction of Income in Yamhill County Oregon
| Date | US | Oregon | Yamhill County OR |
|---|---|---|---|
| 2017 | 20.13% | 21.50% | 19.51% |
| 2016 | 20.43% | 21.17% | 17.07% |
| 2015 | 20.63% | 20.90% | 21.12% |
| 2014 | 20.89% | 21.71% | 20.02% |
| 2013 | 20.78% | 21.18% | 20.31% |
| 2012 | 20.65% | 21.04% | 22.79% |
| 2011 | 20.70% | 21.53% | 18.65% |
| 2010 | 20.50% | 21.03% | 20.73% |
| 2009 | 20.12% | 20.28% | 18.31% |
| 2008 | 19.00% | 18.66% | 16.77% |
| 2007 | 18.66% | 18.30% | 17.41% |
| 2006 | 18.90% | 18.53% | 16.87% |
Renter Fraction in Yamhill County Oregon
You can calculate the renter fraction in Yamhill 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 Yamhill County as a fraction of total Yamhill County households. In 2017 29.53% of households were renters according to Census ACS data.
Yamhill 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% |
| Yamhill County OR | 29.53% | -2.73% | -4.81% |
Trends in the Yamhill County OR Renter Fraction
The Yamhill County household renter fraction peaked in in 2014 at 34.34% and is now 4.81% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Yamhill County OR, Oregon, US
History of Yamhill County Renter Fraction
| Date | US | Oregon | Yamhill County OR |
|---|---|---|---|
| 2017 | 36.13% | 37.20% | 29.53% |
| 2016 | 36.88% | 38.31% | 32.26% |
| 2015 | 36.97% | 38.91% | 30.56% |
| 2014 | 36.90% | 39.28% | 34.34% |
| 2013 | 36.50% | 39.17% | 34.29% |
| 2012 | 36.09% | 38.44% | 31.57% |
| 2011 | 35.42% | 39.22% | 30.13% |
| 2010 | 34.65% | 37.45% | 33.17% |
| 2009 | 34.13% | 36.95% | 28.31% |
| 2008 | 33.36% | 35.66% | 29.04% |
| 2007 | 32.80% | 35.41% | 29.68% |
| 2006 | 32.73% | 35.22% | 31.35% |
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. ↩
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