Department of Numbers

Armstrong County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Armstrong County PA was $639 in 2017 according to the Census ACS survey.1 Average gross rent in Armstrong County was $552 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 Armstrong County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Armstrong County Pennsylvania (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Pennsylvania Median Gross Rent $893 -0.22% +2.88%
Armstrong County PA Median Gross Rent $639 +2.73% -4.20%

Armstrong County PA Real Gross Rent Trends

Median gross rent for Armstrong County peaked in real terms in 2014 at $667 and is now $28 (4.20%) lower. Average gross rent for Armstrong County peaked in real terms in 2011 at $630 and is now $78 (12.38%) lower.

Real Gross Rent: Armstrong County PA Median, Armstrong County PA Average, Pennsylvania Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Armstrong County

Date US
Median
Pennsylvania
Median
Armstrong County PA
Median
Armstrong County PA
Average
2017 $1,012 $893 $639 $552
2016 $996 $895 $622 $562
2015 $987 $893 $616 $571
2014 $956 $868 $667 $561
2013 $924 $846 $621 $550
2012 $912 $823 $575 $622
2011 $912 $823 $616 $630
2010 $927 $827 $604 $492
2009 $931 $816 $586 $546
2008 $947 $834 $634 $550
2007 $899 $781 $603 $570
2006 $909 $791 $562 $450

Armstrong 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 Armstrong County Pennsylvania was 3.27% according to Census ACS data.

Rental Vacancy Rate in Armstrong County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Armstrong County PA 3.27% -4.79% -5.02%

Trends in Armstrong County PA Rental Vacancy Rate

The rental vacancy rate in Armstrong County peaked in 2010 at 10.39%. Since then it has fallen by 7.12% to 3.27%. Data records for this series originated in 2005. From a 2011 post peak low of 2.46%, the rental vacancy rate has increased by 0.81%.

Rental Vacancy Rate: Armstrong County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Armstrong County

Date US Pennsylvania Armstrong County PA
2017 6.18% 5.84% 3.27%
2016 5.89% 5.77% 8.06%
2015 5.85% 5.77% 3.22%
2014 6.32% 6.40% 8.29%
2013 6.49% 5.78% 8.49%
2012 6.77% 5.88% 3.65%
2011 7.40% 6.13% 2.46%
2010 8.17% 6.47% 10.39%
2009 8.43% 6.80% 7.28%
2008 7.86% 6.65% 5.91%
2007 7.87% 7.34% 4.26%
2006 7.70% 8.09%

Rent as a Fraction of Income

Using median household income data for Armstrong County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Armstrong County, median monthly gross rent as a fraction of median household income was 16.69% in 2017 according to the ACS.

Armstrong County Pennsylvania Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Pennsylvania 18.10% -0.47% -1.01%
Armstrong County PA 16.69% +1.19% -0.69%

Trends in Armstrong County PA Rent as a Fraction of Income

The fraction of median Armstrong County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 17.38%. Since then it has fallen by 0.69% to 16.69%.

Fraction of Income towards Rent: Armstrong County PA, Pennsylvania, US

Percent of median household income going towards median monthly gross rent in Armstrong County Pennsylvania

Historical Data for Annual Rent as a Fraction of Income in Armstrong County Pennsylvania

Date US Pennsylvania Armstrong County PA
2017 20.13% 18.10% 16.69%
2016 20.43% 18.58% 15.49%
2015 20.63% 18.70% 16.16%
2014 20.89% 19.12% 17.38%
2013 20.78% 19.11% 16.89%
2012 20.65% 18.69% 15.97%
2011 20.70% 18.78% 16.59%
2010 20.50% 18.58% 15.30%
2009 20.12% 17.88% 14.48%
2008 19.00% 17.18% 16.01%
2007 18.66% 16.92% 15.67%
2006 18.90% 17.22% 15.43%

Renter Fraction in Armstrong County Pennsylvania

You can calculate the renter fraction in Armstrong 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 Armstrong County as a fraction of total Armstrong County households. In 2017 26.69% of households were renters according to Census ACS data.

Armstrong County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Pennsylvania 31.70% +0.20% +0.53%
Armstrong County PA 26.69% +6.13% +3.26%

Trends in the Armstrong County PA Renter Fraction

The Armstrong County household renter fraction peaked in in 2007 at 28.25% and is now 1.56% below that level. From a recent low of 20.56% in 2016, the household based renter fraction has now grown by 6.13%. The origin year for the series is 2005.

Fraction of Renting Households: Armstrong County PA, Pennsylvania, US

Fraction of renters in Armstrong County

History of Armstrong County Renter Fraction

Date US Pennsylvania Armstrong County PA
2017 36.13% 31.70% 26.69%
2016 36.88% 31.50% 20.56%
2015 36.97% 31.28% 27.44%
2014 36.90% 31.17% 23.43%
2013 36.50% 31.05% 25.92%
2012 36.09% 31.09% 24.02%
2011 35.42% 30.51% 23.33%
2010 34.65% 29.87% 24.08%
2009 34.13% 29.48% 21.97%
2008 33.36% 29.15% 23.75%
2007 32.80% 28.36% 28.25%
2006 32.73% 28.28% 23.82%

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.