Department of Numbers

Beaver County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Beaver County PA was $691 in 2017 according to the Census ACS survey.1 Average gross rent in Beaver County was $655 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 Beaver County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Beaver 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%
Beaver County PA Median Gross Rent $691 +1.77% +2.98%

Beaver County PA Real Gross Rent Trends

At $691, real median gross rent in Beaver County was at its highest level in 2017 since the series began in 2005. Average gross rent for Beaver County peaked in real terms in 2008 at $688 and is now $33 (4.80%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Beaver County

Date US
Median
Pennsylvania
Median
Beaver County PA
Median
Beaver County PA
Average
2017 $1,012 $893 $691 $655
2016 $996 $895 $679 $668
2015 $987 $893 $640 $610
2014 $956 $868 $671 $657
2013 $924 $846 $621 $612
2012 $912 $823 $650 $624
2011 $912 $823 $653 $613
2010 $927 $827 $617 $583
2009 $931 $816 $639 $630
2008 $947 $834 $687 $688
2007 $899 $781 $644 $629
2006 $909 $791 $611 $580

Beaver 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 Beaver County Pennsylvania was 9.16% according to Census ACS data.

Rental Vacancy Rate in Beaver County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Beaver County PA 9.16% +1.59% -0.37%

Trends in Beaver County PA Rental Vacancy Rate

The rental vacancy rate in Beaver County peaked in 2007 at 10.94%. Since then it has fallen by 1.78% to 9.16%. Data records for this series originated in 2005. From a 2013 post peak low of 2.97%, the rental vacancy rate has increased by 6.19%.

Rental Vacancy Rate: Beaver County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Beaver County

Date US Pennsylvania Beaver County PA
2017 6.18% 5.84% 9.16%
2016 5.89% 5.77% 7.57%
2015 5.85% 5.77% 9.19%
2014 6.32% 6.40% 9.53%
2013 6.49% 5.78% 2.97%
2012 6.77% 5.88% 3.87%
2011 7.40% 6.13% 4.06%
2010 8.17% 6.47% 8.39%
2009 8.43% 6.80% 4.48%
2008 7.86% 6.65% 5.94%
2007 7.87% 7.34% 10.94%
2006 7.70% 8.09% 8.84%

Rent as a Fraction of Income

Using median household income data for Beaver County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Beaver County, median monthly gross rent as a fraction of median household income was 15.10% in 2017 according to the ACS.

Beaver 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%
Beaver County PA 15.10% +0.56% -0.25%

Trends in Beaver County PA Rent as a Fraction of Income

The fraction of median Beaver County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 16.06%. Since then it has fallen by 0.96% to 15.10%.

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

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

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

Date US Pennsylvania Beaver County PA
2017 20.13% 18.10% 15.10%
2016 20.43% 18.58% 14.54%
2015 20.63% 18.70% 14.89%
2014 20.89% 19.12% 15.34%
2013 20.78% 19.11% 14.61%
2012 20.65% 18.69% 16.06%
2011 20.70% 18.78% 15.29%
2010 20.50% 18.58% 15.55%
2009 20.12% 17.88% 15.52%
2008 19.00% 17.18% 15.80%
2007 18.66% 16.92% 15.06%
2006 18.90% 17.22% 14.65%

Renter Fraction in Beaver County Pennsylvania

You can calculate the renter fraction in Beaver 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 Beaver County as a fraction of total Beaver County households. In 2017 26.81% of households were renters according to Census ACS data.

Beaver 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%
Beaver County PA 26.81% -0.20% +0.17%

Trends in the Beaver County PA Renter Fraction

The Beaver County household renter fraction peaked in in 2011 at 27.77% and is now 0.96% below that level. The origin year for the series is 2005.

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

Fraction of renters in Beaver County

History of Beaver County Renter Fraction

Date US Pennsylvania Beaver County PA
2017 36.13% 31.70% 26.81%
2016 36.88% 31.50% 27.01%
2015 36.97% 31.28% 26.86%
2014 36.90% 31.17% 26.64%
2013 36.50% 31.05% 27.40%
2012 36.09% 31.09% 27.59%
2011 35.42% 30.51% 27.77%
2010 34.65% 29.87% 27.58%
2009 34.13% 29.48% 23.29%
2008 33.36% 29.15% 26.37%
2007 32.80% 28.36% 25.11%
2006 32.73% 28.28% 25.88%

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.