Cameron County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Cameron County TX was $787 in 2019 according to the Census ACS survey.1 Average gross rent in Cameron County was $742 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 Cameron County median and average rent data will be released in September of 2021.
Data is also available below for Cameron County rental vacancy rates, Cameron County rent as a percent of median income and the fraction of renters in Cameron County.
Real Gross Rent in Cameron County Texas (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Texas Median Gross Rent | $1,091 | +2.44% | +8.99% |
| Cameron County TX Median Gross Rent | $787 | +8.55% | +10.69% |
Cameron County TX Real Gross Rent Trends
At $787, real median gross rent in Cameron County was at its highest level in 2019 since the series began in 2005. At $742, real average gross rent in Cameron County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Cameron County TX Median, Cameron County TX Average, Texas Median, US Median
Real Gross Rent History for Cameron County
| Date | US Median |
Texas Median |
Cameron County TX Median |
Cameron County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $787 | $742 |
| 2018 | $1,077 | $1,065 | $725 | $670 |
| 2017 | $1,043 | $1,018 | $719 | $691 |
| 2016 | $1,027 | $1,001 | $711 | $684 |
| 2015 | $1,017 | $989 | $682 | $630 |
| 2014 | $986 | $946 | $689 | $650 |
| 2013 | $953 | $902 | $644 | $603 |
| 2012 | $940 | $884 | $649 | $610 |
| 2011 | $941 | $878 | $690 | $650 |
| 2010 | $955 | $895 | $706 | $683 |
| 2009 | $960 | $898 | $674 | $634 |
| 2007 | $927 | $862 | $578 | $564 |
| 2005 | $910 | $839 | $646 | $605 |
Cameron 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 Cameron County Texas was 5.56% according to Census ACS data.
Rental Vacancy Rate in Cameron County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Cameron County TX | 5.56% | -3.14% | -3.20% |
Trends in Cameron County TX Rental Vacancy Rate
The rental vacancy rate in Cameron County peaked in 2013 at 14.05%. Since then it has fallen by 8.49% to 5.56%. Data records for this series originated in 2005.
Rental Vacancy Rate: Cameron County TX, Texas, US
Historical Rental Vacancy Rate data for Cameron County
| Date | US | Texas | Cameron County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 5.56% |
| 2018 | 6.15% | 8.21% | 8.70% |
| 2017 | 6.18% | 8.49% | 8.52% |
| 2016 | 5.89% | 7.65% | 8.76% |
| 2015 | 5.85% | 6.95% | 8.88% |
| 2014 | 6.32% | 7.30% | 12.34% |
| 2013 | 6.49% | 7.86% | 14.05% |
| 2012 | 6.77% | 8.53% | 11.01% |
| 2011 | 7.40% | 9.23% | 7.48% |
| 2010 | 8.17% | 10.60% | 10.22% |
| 2009 | 8.43% | 10.69% | 8.73% |
| 2007 | 7.87% | 10.61% | 7.89% |
| 2005 | 7.74% | 10.60% | 11.82% |
Rent as a Fraction of Income
Using median household income data for Cameron County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cameron County, median monthly gross rent as a fraction of median household income was 22.97% in 2019 according to the ACS.
Cameron County Texas Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Texas | 20.45% | -0.26% | +0.16% |
| Cameron County TX | 22.97% | +0.70% | +0.98% |
Trends in Cameron County TX Rent as a Fraction of Income
The fraction of median Cameron County household income required to pay median monthly gross rent peaked in 2005 (relative to the 2005 series origin) at 25.13%. Since then it has fallen by 2.17% to 22.97%. From a 2007 low of 20.12%, the fraction of income going to rent has increased by 2.85%.
Fraction of Income towards Rent: Cameron County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Cameron County Texas
| Date | US | Texas | Cameron County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 22.97% |
| 2018 | 20.50% | 20.70% | 22.26% |
| 2017 | 20.13% | 20.00% | 22.62% |
| 2016 | 20.43% | 20.28% | 21.99% |
| 2015 | 20.63% | 20.10% | 22.64% |
| 2014 | 20.89% | 20.27% | 24.42% |
| 2013 | 20.78% | 19.89% | 21.36% |
| 2012 | 20.65% | 19.65% | 23.65% |
| 2011 | 20.70% | 19.75% | 23.91% |
| 2010 | 20.50% | 19.77% | 23.90% |
| 2009 | 20.12% | 19.59% | 22.98% |
| 2007 | 18.66% | 18.52% | 20.12% |
| 2005 | 18.89% | 19.11% | 25.13% |
Renter Fraction in Cameron County Texas
You can calculate the renter fraction in Cameron 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 Cameron County as a fraction of total Cameron County households. In 2019 34.98% of households were renters according to Census ACS data.
Cameron County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Texas | 38.12% | -0.16% | -0.79% |
| Cameron County TX | 34.98% | +1.41% | +1.44% |
Trends in the Cameron County TX Renter Fraction
The Cameron County household renter fraction peaked in in 2012 at 35.69% and is now 0.71% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cameron County TX, Texas, US
History of Cameron County Renter Fraction
| Date | US | Texas | Cameron County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 34.98% |
| 2018 | 36.05% | 38.28% | 33.57% |
| 2017 | 36.13% | 38.03% | 35.01% |
| 2016 | 36.88% | 38.91% | 33.54% |
| 2015 | 36.97% | 38.94% | 34.01% |
| 2014 | 36.90% | 38.84% | 33.06% |
| 2013 | 36.50% | 38.16% | 31.31% |
| 2012 | 36.09% | 37.72% | 35.69% |
| 2011 | 35.42% | 37.08% | 32.15% |
| 2010 | 34.65% | 36.42% | 32.44% |
| 2009 | 34.13% | 36.32% | 33.71% |
| 2007 | 32.80% | 34.82% | 32.10% |
| 2005 | 33.10% | 35.29% | 34.58% |
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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