Department of Numbers

Liberty County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Liberty County TX was $651 in 2017 according to the Census ACS survey.1 Average gross rent in Liberty County was $629 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 Liberty County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Liberty 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%
Liberty County TX Median Gross Rent $651 -21.00% -15.45%

Liberty County TX Real Gross Rent Trends

Median gross rent for Liberty County peaked in real terms in 2015 at $843 and is now $192 (22.78%) lower. Average gross rent for Liberty County peaked in real terms in 2016 at $775 and is now $146 (18.84%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Liberty County

Date US
Median
Texas
Median
Liberty County TX
Median
Liberty County TX
Average
2017 $1,012 $987 $651 $629
2016 $996 $971 $824 $775
2015 $987 $959 $843 $661
2014 $956 $917 $770 $670
2013 $924 $875 $741 $677
2012 $912 $857 $649 $509
2011 $912 $852 $792 $644
2010 $927 $868 $785 $734
2009 $931 $871 $773 $676
2008 $947 $882 $705 $626
2007 $899 $836 $696 $646
2006 $909 $847 $790 $679

Liberty County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Liberty County Texas was 6.34% according to Census ACS data.

Rental Vacancy Rate in Liberty County Texas

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

Trends in Liberty County TX Rental Vacancy Rate

The rental vacancy rate in Liberty County peaked in 2012 at 9.84%. Since then it has fallen by 3.50% to 6.34%. Data records for this series originated in 2005.

Rental Vacancy Rate: Liberty County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Liberty County

Date US Texas Liberty County TX
2017 6.18% 8.49%
2016 5.89% 7.65%
2015 5.85% 6.95%
2014 6.32% 7.30% 6.34%
2013 6.49% 7.86% 8.46%
2012 6.77% 8.53% 9.84%
2011 7.40% 9.23% 7.61%
2010 8.17% 10.60%
2009 8.43% 10.69%
2008 7.86% 10.24% 6.57%
2007 7.87% 10.61% 5.40%
2006 7.70% 10.28% 5.20%

Rent as a Fraction of Income

Using median household income data for Liberty County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Liberty County, median monthly gross rent as a fraction of median household income was 17.13% in 2017 according to the ACS.

Liberty 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%
Liberty County TX 17.13% -5.57% -3.30%

Trends in Liberty County TX Rent as a Fraction of Income

The fraction of median Liberty County household income required to pay median monthly gross rent peaked in 2005 (relative to the 2005 series origin) at 22.96%. Since then it has fallen by 5.83% to 17.13%. From a 2008 low of 14.35%, the fraction of income going to rent has increased by 2.78%.

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

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

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

Date US Texas Liberty County TX
2017 20.13% 20.00% 17.13%
2016 20.43% 20.28% 22.70%
2015 20.63% 20.10% 17.82%
2014 20.89% 20.27% 20.42%
2013 20.78% 19.89% 20.89%
2012 20.65% 19.65% 15.09%
2011 20.70% 19.75% 20.00%
2010 20.50% 19.77% 17.87%
2009 20.12% 19.59% 19.44%
2008 19.00% 18.42% 14.35%
2007 18.66% 18.52% 15.80%
2006 18.90% 18.99% 20.24%

Renter Fraction in Liberty County Texas

You can calculate the renter fraction in Liberty 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 Liberty County as a fraction of total Liberty County households. In 2017 20.57% of households were renters according to Census ACS data.

Liberty 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%
Liberty County TX 20.57% -6.06% -6.60%

Trends in the Liberty County TX Renter Fraction

The Liberty County household renter fraction peaked in in 2005 at 29.89% and is now 9.32% below that level. From a recent low of 19.42% in 2006, the household based renter fraction has now grown by 1.15%. The origin year for the series is 2005.

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

Fraction of renters in Liberty County

History of Liberty County Renter Fraction

Date US Texas Liberty County TX
2017 36.13% 38.03% 20.57%
2016 36.88% 38.91% 26.63%
2015 36.97% 38.94% 28.99%
2014 36.90% 38.84% 27.17%
2013 36.50% 38.16% 27.41%
2012 36.09% 37.72% 21.44%
2011 35.42% 37.08% 20.80%
2010 34.65% 36.42% 20.33%
2009 34.13% 36.32% 21.59%
2008 33.36% 35.10% 24.32%
2007 32.80% 34.82% 23.44%
2006 32.73% 34.75% 19.42%

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.