Department of Numbers

Coryell County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Coryell County TX was $959 in 2017 according to the Census ACS survey.1 Average gross rent in Coryell County was $927 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 Coryell County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Coryell County Texas (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Texas Median Gross Rent $987 +1.65% +7.63%
Coryell County TX Median Gross Rent $959 +6.20% +3.12%

Coryell County TX Real Gross Rent Trends

Median gross rent for Coryell County peaked in real terms in 2009 at $980 and is now $21 (2.14%) lower. At $927, real average gross rent in Coryell County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Coryell County TX Median, Coryell County TX Average, Texas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Coryell County

Date US
Median
Texas
Median
Coryell County TX
Median
Coryell County TX
Average
2017 $1,012 $987 $959 $927
2016 $996 $971 $903 $846
2015 $987 $959 $937 $890
2014 $956 $917 $930 $879
2013 $924 $875 $868 $782
2012 $912 $857 $887 $838
2011 $912 $852 $916 $737
2010 $927 $868 $972 $756
2009 $931 $871 $980 $604
2008 $947 $882 $896 $596
2007 $899 $836 $894 $669
2006 $909 $847 $928 $704

Coryell 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 Coryell County Texas was 11.89% according to Census ACS data.

Rental Vacancy Rate in Coryell County Texas

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Texas 8.49% +0.84% +1.19%
Coryell County TX 11.89% +1.58%

Trends in Coryell County TX Rental Vacancy Rate

The rental vacancy rate in Coryell County peaked in 2011 at 28.98%. Since then it has fallen by 17.09% to 11.89%. Data records for this series originated in 2005.

Rental Vacancy Rate: Coryell County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Coryell County

Date US Texas Coryell County TX
2017 6.18% 8.49% 11.89%
2016 5.89% 7.65%
2015 5.85% 6.95%
2014 6.32% 7.30% 10.31%
2013 6.49% 7.86% 11.98%
2012 6.77% 8.53%
2011 7.40% 9.23% 28.98%
2010 8.17% 10.60% 24.76%
2009 8.43% 10.69% 21.48%
2008 7.86% 10.24% 14.00%
2007 7.87% 10.61%
2006 7.70% 10.28%

Rent as a Fraction of Income

Using median household income data for Coryell County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Coryell County, median monthly gross rent as a fraction of median household income was 21.81% in 2017 according to the ACS.

Coryell County Texas Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Texas 20.00% -0.28% -0.27%
Coryell County TX 21.81% +0.94% -1.35%

Trends in Coryell County TX Rent as a Fraction of Income

The fraction of median Coryell County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 25.82%. Since then it has fallen by 4.01% to 21.81%.

Fraction of Income towards Rent: Coryell County TX, Texas, US

Percent of median household income going towards median monthly gross rent in Coryell County Texas

Historical Data for Annual Rent as a Fraction of Income in Coryell County Texas

Date US Texas Coryell County TX
2017 20.13% 20.00% 21.81%
2016 20.43% 20.28% 20.87%
2015 20.63% 20.10% 23.77%
2014 20.89% 20.27% 23.16%
2013 20.78% 19.89% 19.92%
2012 20.65% 19.65% 21.89%
2011 20.70% 19.75% 21.06%
2010 20.50% 19.77% 22.06%
2009 20.12% 19.59% 25.82%
2008 19.00% 18.42% 18.80%
2007 18.66% 18.52% 20.71%
2006 18.90% 18.99% 22.37%

Renter Fraction in Coryell County Texas

You can calculate the renter fraction in Coryell 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 Coryell County as a fraction of total Coryell County households. In 2017 34.49% of households were renters according to Census ACS data.

Coryell County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Texas 38.03% -0.88% -0.81%
Coryell County TX 34.49% -5.53% -9.33%

Trends in the Coryell County TX Renter Fraction

The Coryell County household renter fraction peaked in in 2015 at 48.71% and is now 14.22% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Coryell County TX, Texas, US

Fraction of renters in Coryell County

History of Coryell County Renter Fraction

Date US Texas Coryell County TX
2017 36.13% 38.03% 34.49%
2016 36.88% 38.91% 40.02%
2015 36.97% 38.94% 48.71%
2014 36.90% 38.84% 43.82%
2013 36.50% 38.16% 45.88%
2012 36.09% 37.72% 43.23%
2011 35.42% 37.08% 41.47%
2010 34.65% 36.42% 42.11%
2009 34.13% 36.32% 41.45%
2008 33.36% 35.10% 43.74%
2007 32.80% 34.82% 40.79%
2006 32.73% 34.75% 42.14%

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.