Department of Numbers

Luzerne County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Luzerne County PA was $749 in 2017 according to the Census ACS survey.1 Average gross rent in Luzerne County was $716 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 Luzerne County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Luzerne 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%
Luzerne County PA Median Gross Rent $749 +5.20% +1.22%

Luzerne County PA Real Gross Rent Trends

Median gross rent for Luzerne County peaked in real terms in 2015 at $768 and is now $19 (2.47%) lower. Average gross rent for Luzerne County peaked in real terms in 2015 at $717 and is now $1 (0.14%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Luzerne County

Date US
Median
Pennsylvania
Median
Luzerne County PA
Median
Luzerne County PA
Average
2017 $1,012 $893 $749 $716
2016 $996 $895 $712 $693
2015 $987 $893 $768 $717
2014 $956 $868 $740 $678
2013 $924 $846 $699 $679
2012 $912 $823 $645 $641
2011 $912 $823 $684 $679
2010 $927 $827 $669 $642
2009 $931 $816 $671 $659
2008 $947 $834 $672 $621
2007 $899 $781 $660 $615
2006 $909 $791 $650 $605

Luzerne 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 Luzerne County Pennsylvania was 3.49% according to Census ACS data.

Rental Vacancy Rate in Luzerne County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Luzerne County PA 3.49% -3.42% -5.89%

Trends in Luzerne County PA Rental Vacancy Rate

The rental vacancy rate in Luzerne County peaked in 2014 at 9.38%. Since then it has fallen by 5.89% to 3.49%. Data records for this series originated in 2005.

Rental Vacancy Rate: Luzerne County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Luzerne County

Date US Pennsylvania Luzerne County PA
2017 6.18% 5.84% 3.49%
2016 5.89% 5.77% 6.91%
2015 5.85% 5.77% 5.89%
2014 6.32% 6.40% 9.38%
2013 6.49% 5.78% 2.92%
2012 6.77% 5.88% 2.85%
2011 7.40% 6.13% 3.38%
2010 8.17% 6.47% 4.25%
2009 8.43% 6.80% 5.16%
2008 7.86% 6.65% 9.11%
2007 7.87% 7.34% 7.64%
2006 7.70% 8.09% 7.49%

Rent as a Fraction of Income

Using median household income data for Luzerne County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Luzerne County, median monthly gross rent as a fraction of median household income was 17.51% in 2017 according to the ACS.

Luzerne 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%
Luzerne County PA 17.51% -0.55% -2.07%

Trends in Luzerne County PA Rent as a Fraction of Income

The fraction of median Luzerne County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.58%. Since then it has fallen by 2.07% to 17.51%.

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

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

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

Date US Pennsylvania Luzerne County PA
2017 20.13% 18.10% 17.51%
2016 20.43% 18.58% 18.06%
2015 20.63% 18.70% 17.80%
2014 20.89% 19.12% 19.58%
2013 20.78% 19.11% 18.16%
2012 20.65% 18.69% 17.70%
2011 20.70% 18.78% 18.29%
2010 20.50% 18.58% 17.67%
2009 20.12% 17.88% 18.24%
2008 19.00% 17.18% 16.79%
2007 18.66% 16.92% 16.62%
2006 18.90% 17.22% 16.51%

Renter Fraction in Luzerne County Pennsylvania

You can calculate the renter fraction in Luzerne 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 Luzerne County as a fraction of total Luzerne County households. In 2017 32.94% of households were renters according to Census ACS data.

Luzerne 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%
Luzerne County PA 32.94% +1.03% +2.05%

Trends in the Luzerne County PA Renter Fraction

The Luzerne County household renter fraction peaked in in 2012 at 34.99% and is now 2.05% below that level. The origin year for the series is 2005.

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

Fraction of renters in Luzerne County

History of Luzerne County Renter Fraction

Date US Pennsylvania Luzerne County PA
2017 36.13% 31.70% 32.94%
2016 36.88% 31.50% 31.91%
2015 36.97% 31.28% 32.83%
2014 36.90% 31.17% 30.89%
2013 36.50% 31.05% 31.45%
2012 36.09% 31.09% 34.99%
2011 35.42% 30.51% 33.64%
2010 34.65% 29.87% 31.50%
2009 34.13% 29.48% 31.90%
2008 33.36% 29.15% 30.93%
2007 32.80% 28.36% 29.98%
2006 32.73% 28.28% 27.07%

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.