Department of Numbers

Lackawanna County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Lackawanna County PA was $771 in 2017 according to the Census ACS survey.1 Average gross rent in Lackawanna County was $720 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 Lackawanna County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Lackawanna 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%
Lackawanna County PA Median Gross Rent $771 +5.47% +3.21%

Lackawanna County PA Real Gross Rent Trends

Median gross rent for Lackawanna County peaked in real terms in 2015 at $783 and is now $12 (1.53%) lower. Average gross rent for Lackawanna County peaked in real terms in 2015 at $770 and is now $50 (6.49%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Lackawanna County

Date US
Median
Pennsylvania
Median
Lackawanna County PA
Median
Lackawanna County PA
Average
2017 $1,012 $893 $771 $720
2016 $996 $895 $731 $713
2015 $987 $893 $783 $770
2014 $956 $868 $747 $730
2013 $924 $846 $688 $673
2012 $912 $823 $680 $653
2011 $912 $823 $712 $653
2010 $927 $827 $720 $709
2009 $931 $816 $692 $686
2008 $947 $834 $686 $685
2007 $899 $781 $679 $643
2006 $909 $791 $675 $667

Lackawanna 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 Lackawanna County Pennsylvania was 4.22% according to Census ACS data.

Rental Vacancy Rate in Lackawanna County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Lackawanna County PA 4.22% -0.04% -0.33%

Trends in Lackawanna County PA Rental Vacancy Rate

The rental vacancy rate in Lackawanna County peaked in 2005 at 7.54%. Since then it has fallen by 3.32% to 4.22%. Data records for this series originated in 2005. From a 2010 post peak low of 2.81%, the rental vacancy rate has increased by 1.41%.

Rental Vacancy Rate: Lackawanna County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Lackawanna County

Date US Pennsylvania Lackawanna County PA
2017 6.18% 5.84% 4.22%
2016 5.89% 5.77% 4.26%
2015 5.85% 5.77% 5.46%
2014 6.32% 6.40% 4.55%
2013 6.49% 5.78% 5.67%
2012 6.77% 5.88% 4.69%
2011 7.40% 6.13% 3.31%
2010 8.17% 6.47% 2.81%
2009 8.43% 6.80% 6.72%
2008 7.86% 6.65% 6.65%
2007 7.87% 7.34% 6.07%
2006 7.70% 8.09% 4.68%

Rent as a Fraction of Income

Using median household income data for Lackawanna County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Lackawanna County, median monthly gross rent as a fraction of median household income was 18.82% in 2017 according to the ACS.

Lackawanna 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%
Lackawanna County PA 18.82% +0.62% -0.54%

Trends in Lackawanna County PA Rent as a Fraction of Income

The fraction of median Lackawanna County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.35%. Since then it has fallen by 0.54% to 18.82%.

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

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

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

Date US Pennsylvania Lackawanna County PA
2017 20.13% 18.10% 18.82%
2016 20.43% 18.58% 18.20%
2015 20.63% 18.70% 18.82%
2014 20.89% 19.12% 19.35%
2013 20.78% 19.11% 17.86%
2012 20.65% 18.69% 18.37%
2011 20.70% 18.78% 18.43%
2010 20.50% 18.58% 18.89%
2009 20.12% 17.88% 16.89%
2008 19.00% 17.18% 17.12%
2007 18.66% 16.92% 17.19%
2006 18.90% 17.22% 17.48%

Renter Fraction in Lackawanna County Pennsylvania

You can calculate the renter fraction in Lackawanna 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 Lackawanna County as a fraction of total Lackawanna County households. In 2017 37.17% of households were renters according to Census ACS data.

Lackawanna 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%
Lackawanna County PA 37.17% +0.37% +3.45%

Trends in the Lackawanna County PA Renter Fraction

At 37.17%, the 2017 household based renter fraction in Lackawanna County was at its highest level. The origin year for the series is 2005.

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

Fraction of renters in Lackawanna County

History of Lackawanna County Renter Fraction

Date US Pennsylvania Lackawanna County PA
2017 36.13% 31.70% 37.17%
2016 36.88% 31.50% 36.80%
2015 36.97% 31.28% 33.21%
2014 36.90% 31.17% 33.72%
2013 36.50% 31.05% 34.24%
2012 36.09% 31.09% 35.38%
2011 35.42% 30.51% 32.94%
2010 34.65% 29.87% 34.51%
2009 34.13% 29.48% 32.94%
2008 33.36% 29.15% 35.18%
2007 32.80% 28.36% 34.58%
2006 32.73% 28.28% 36.02%

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.