San Angelo Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in San Angelo, TX (the San Angelo metro area) was $952 in 2019 according to the Census ACS survey.1 Average gross rent in San Angelo was $894 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 San Angelo median and average rent data will be released in September of 2021.
Data is also available below for San Angelo rental vacancy rates, San Angelo rent as a percent of median income and the fraction of renters in San Angelo.
Real Gross Rent in San Angelo 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% |
| San Angelo, TX Median Gross Rent | $952 | +9.43% | +7.21% |
San Angelo, TX Real Gross Rent Trends
At $952, real median gross rent in San Angelo was at its highest level in 2019 since the series began in 2005. Average gross rent for San Angelo peaked in real terms in 2018 at $941 and is now $47 (4.99%) lower.
Real Gross Rent in San Angelo: San Angelo TX Median, San Angelo TX Average, Texas Median, US Median
Real Gross Rent History for San Angelo
| Date | US Median |
Texas Median |
San Angelo, TX Median |
San Angelo, TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $952 | $894 |
| 2018 | $1,077 | $1,065 | $870 | $941 |
| 2017 | $1,043 | $1,018 | $848 | $822 |
| 2016 | $1,027 | $1,001 | $888 | $872 |
| 2015 | $1,017 | $989 | $937 | $906 |
| 2014 | $986 | $946 | $833 | $800 |
| 2013 | $953 | $902 | $786 | $826 |
| 2012 | $940 | $884 | $728 | $771 |
| 2011 | $941 | $878 | $770 | $739 |
| 2010 | $955 | $895 | $701 | $689 |
| 2009 | $960 | $898 | $815 | $723 |
| 2007 | $927 | $862 | $784 | $692 |
| 2005 | $910 | $839 | $696 | $636 |
San Angelo Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for San Angelo Texas was 8.19% according to Census ACS data.
Rental Vacancy Rate in San Angelo Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| San Angelo, TX | — | — | — |
Trends in San Angelo, TX Rental Vacancy Rate
The rental vacancy rate in San Angelo peaked in 2008 at 13.29%. Since then it has fallen by 5.10% to 8.19%. Data records for this series originated in 2005. From a 2013 post peak low of 2.72%, the rental vacancy rate has increased by 5.47%.
Rental Vacancy Rate: San Angelo TX, Texas, US
Historical Rental Vacancy Rate data for San Angelo
| Date | US | Texas | San Angelo, TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | 8.19% |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | 8.09% |
| 2015 | 5.85% | 6.95% | 6.10% |
| 2014 | 6.32% | 7.30% | 4.07% |
| 2013 | 6.49% | 7.86% | 2.72% |
| 2012 | 6.77% | 8.53% | 3.88% |
| 2011 | 7.40% | 9.23% | 4.22% |
| 2010 | 8.17% | 10.60% | 8.99% |
| 2009 | 8.43% | 10.69% | — |
| 2007 | 7.87% | 10.61% | 11.48% |
| 2005 | 7.74% | 10.60% | 9.56% |
Rent as a Fraction of Income
Using median household income data for San Angelo, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For San Angelo, median monthly gross rent as a fraction of median household income was 20.73% in 2019 according to the ACS.
San Angelo 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% |
| San Angelo, TX | 20.73% | +0.95% | +0.01% |
Trends in San Angelo, TX Rent as a Fraction of Income
The fraction of median San Angelo household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 21.87%. Since then it has fallen by 1.14% to 20.73%.
Fraction of Income towards Rent: San Angelo TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in San Angelo Texas
| Date | US | Texas | San Angelo, TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 20.73% |
| 2018 | 20.50% | 20.70% | 19.79% |
| 2017 | 20.13% | 20.00% | 19.38% |
| 2016 | 20.43% | 20.28% | 20.73% |
| 2015 | 20.63% | 20.10% | 21.87% |
| 2014 | 20.89% | 20.27% | 20.91% |
| 2013 | 20.78% | 19.89% | 19.46% |
| 2012 | 20.65% | 19.65% | 18.28% |
| 2011 | 20.70% | 19.75% | 19.82% |
| 2010 | 20.50% | 19.77% | 19.68% |
| 2009 | 20.12% | 19.59% | 21.03% |
| 2007 | 18.66% | 18.52% | 19.53% |
| 2005 | 18.89% | 19.11% | 17.50% |
Renter Fraction in San Angelo Texas
You can calculate the renter fraction in San Angelo 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 San Angelo as a fraction of total San Angelo households. In 2019 33.21% of households were renters according to Census ACS data.
San Angelo 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% |
| San Angelo, TX | 33.21% | -4.25% | -5.57% |
Trends in the San Angelo, TX Renter Fraction
The San Angelo household renter fraction peaked in in 2012 at 41.12% and is now 7.91% below that level. The origin year for the series is 2005.
Fraction of Renting Households: San Angelo TX, Texas, US
History of San Angelo Renter Fraction
| Date | US | Texas | San Angelo, TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 33.21% |
| 2018 | 36.05% | 38.28% | 37.46% |
| 2017 | 36.13% | 38.03% | 35.34% |
| 2016 | 36.88% | 38.91% | 38.78% |
| 2015 | 36.97% | 38.94% | 39.29% |
| 2014 | 36.90% | 38.84% | 39.09% |
| 2013 | 36.50% | 38.16% | 36.34% |
| 2012 | 36.09% | 37.72% | 41.12% |
| 2011 | 35.42% | 37.08% | 36.95% |
| 2010 | 34.65% | 36.42% | 32.60% |
| 2009 | 34.13% | 36.32% | 33.50% |
| 2007 | 32.80% | 34.82% | 28.62% |
| 2005 | 33.10% | 35.29% | 32.35% |
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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