Indiana County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Indiana County PA was $708 in 2019 according to the Census ACS survey.1 Average gross rent in Indiana County was $650 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Indiana County median and average rent data will be released in September of 2021.
Data is also available below for Indiana County rental vacancy rates, Indiana County rent as a percent of median income and the fraction of renters in Indiana County.
Real Gross Rent in Indiana County Pennsylvania (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Pennsylvania Median Gross Rent | $951 | +0.74% | +3.03% |
| Indiana County PA Median Gross Rent | $708 | +2.46% | -0.56% |
Indiana County PA Real Gross Rent Trends
Median gross rent for Indiana County peaked in real terms in 2015 at $772 and is now $64 (8.29%) lower. Average gross rent for Indiana County peaked in real terms in 2008 at $786 and is now $136 (17.30%) lower. From a recent low of 574.0 in 2010, real average gross rent has now increased by $76 (13.24%).
Real Gross Rent: Indiana County PA Median, Indiana County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Indiana County
| Date | US Median |
Pennsylvania Median |
Indiana County PA Median |
Indiana County PA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $951 | $708 | $650 |
| 2018 | $1,077 | $944 | $691 | $664 |
| 2017 | $1,043 | $921 | $699 | $659 |
| 2016 | $1,027 | $923 | $712 | $682 |
| 2015 | $1,017 | $921 | $772 | $734 |
| 2014 | $986 | $895 | $726 | $715 |
| 2013 | $953 | $872 | $712 | $662 |
| 2012 | $940 | $849 | $703 | $739 |
| 2011 | $941 | $849 | $689 | $689 |
| 2010 | $955 | $853 | $628 | $574 |
| 2009 | $960 | $841 | $703 | $698 |
| 2007 | $927 | $805 | $674 | $646 |
| 2005 | $910 | $809 | $619 | $648 |
Indiana County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Indiana County Pennsylvania was 22.97% according to Census ACS data.
Rental Vacancy Rate in Indiana County Pennsylvania
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Pennsylvania | 4.87% | -0.42% | -0.90% |
| Indiana County PA | 22.97% | +8.20% | +17.15% |
Trends in Indiana County PA Rental Vacancy Rate
At 22.97%, Indiana County residential rental vacancy rate in 2019 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Indiana County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Indiana County
| Date | US | Pennsylvania | Indiana County PA |
|---|---|---|---|
| 2019 | 5.97% | 4.87% | 22.97% |
| 2018 | 6.15% | 5.29% | 14.77% |
| 2017 | 6.18% | 5.84% | 8.85% |
| 2016 | 5.89% | 5.77% | 5.82% |
| 2015 | 5.85% | 5.77% | 13.40% |
| 2014 | 6.32% | 6.40% | 5.42% |
| 2013 | 6.49% | 5.78% | 9.67% |
| 2012 | 6.77% | 5.88% | 1.40% |
| 2011 | 7.40% | 6.13% | 4.55% |
| 2010 | 8.17% | 6.47% | 4.69% |
| 2009 | 8.43% | 6.80% | 5.33% |
| 2007 | 7.87% | 7.34% | 4.91% |
| 2005 | 7.74% | 7.94% | 4.89% |
Rent as a Fraction of Income
Using median household income data for Indiana County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Indiana County, median monthly gross rent as a fraction of median household income was 16.37% in 2019 according to the ACS.
Indiana County Pennsylvania Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Pennsylvania | 17.98% | -0.28% | -0.60% |
| Indiana County PA | 16.37% | -0.11% | -2.63% |
Trends in Indiana County PA Rent as a Fraction of Income
The fraction of median Indiana County household income required to pay median monthly gross rent peaked in 2007 (relative to the 2005 series origin) at 20.60%. Since then it has fallen by 4.23% to 16.37%.
Fraction of Income towards Rent: Indiana County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Indiana County Pennsylvania
| Date | US | Pennsylvania | Indiana County PA |
|---|---|---|---|
| 2019 | 20.03% | 17.98% | 16.37% |
| 2018 | 20.50% | 18.26% | 16.48% |
| 2017 | 20.13% | 18.10% | 17.60% |
| 2016 | 20.43% | 18.58% | 18.99% |
| 2015 | 20.63% | 18.70% | 18.59% |
| 2014 | 20.89% | 19.12% | 19.46% |
| 2013 | 20.78% | 19.11% | 17.92% |
| 2012 | 20.65% | 18.69% | 17.86% |
| 2011 | 20.70% | 18.78% | 18.01% |
| 2010 | 20.50% | 18.58% | 16.38% |
| 2009 | 20.12% | 17.88% | 18.71% |
| 2007 | 18.66% | 16.92% | 20.60% |
| 2005 | 18.89% | 17.43% | 18.36% |
Renter Fraction in Indiana County Pennsylvania
You can calculate the renter fraction in Indiana 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 Indiana County as a fraction of total Indiana County households. In 2019 28.41% of households were renters according to Census ACS data.
Indiana County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Pennsylvania | 31.59% | +0.19% | +0.09% |
| Indiana County PA | 28.41% | -1.14% | -1.86% |
Trends in the Indiana County PA Renter Fraction
The Indiana County household renter fraction peaked in in 2014 at 31.01% and is now 2.60% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Indiana County PA, Pennsylvania, US
History of Indiana County Renter Fraction
| Date | US | Pennsylvania | Indiana County PA |
|---|---|---|---|
| 2019 | 35.89% | 31.59% | 28.41% |
| 2018 | 36.05% | 31.40% | 29.55% |
| 2017 | 36.13% | 31.70% | 30.13% |
| 2016 | 36.88% | 31.50% | 30.27% |
| 2015 | 36.97% | 31.28% | 28.81% |
| 2014 | 36.90% | 31.17% | 31.01% |
| 2013 | 36.50% | 31.05% | 27.15% |
| 2012 | 36.09% | 31.09% | 26.39% |
| 2011 | 35.42% | 30.51% | 30.49% |
| 2010 | 34.65% | 29.87% | 26.75% |
| 2009 | 34.13% | 29.48% | 29.93% |
| 2007 | 32.80% | 28.36% | 30.06% |
| 2005 | 33.10% | 28.52% | 28.67% |
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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