Department of Numbers

San Angelo Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in San Angelo, TX (the San Angelo metro area) was $848 in 2016 according to the Census ACS survey.1 Average gross rent in San Angelo was $833 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 San Angelo median and average rent data will be released in September of 2018.

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.

Show dollars as: Nominal Real

Real Gross Rent in San Angelo Texas (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Texas Median Gross Rent $956 +1.27% +10.90%
San Angelo, TX Median Gross Rent $848 -5.25% +13.07%

San Angelo, TX Real Gross Rent Trends

Median gross rent for San Angelo peaked in real terms in 2015 at $895 and is now $47 (5.25%) lower. Average gross rent for San Angelo peaked in real terms in 2015 at $865 and is now $32 (3.70%) lower.

Real Gross Rent in San Angelo: San Angelo TX Median, San Angelo TX Average, Texas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for San Angelo

Date US
Median
Texas
Median
San Angelo, TX
Median
San Angelo, TX
Average
2016 $981 $956 $848 $833
2015 $972 $944 $895 $865
2014 $942 $903 $796 $764
2013 $910 $862 $750 $788
2012 $898 $844 $695 $737
2011 $898 $839 $735 $706
2010 $912 $855 $669 $658
2009 $916 $858 $778 $690
2008 $932 $869 $690 $650
2007 $885 $824 $748 $661
2006 $895 $834 $713 $681
2005 $869 $801 $665 $608

San Angelo Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for San Angelo Texas was 8.09% according to Census ACS data.

Rental Vacancy Rate in San Angelo Texas

2016 1 Year Change 3 Year Change
US 5.89% +0.04% -0.60%
Texas 7.65% +0.70% -0.21%
San Angelo, TX 8.09% +1.99% +5.37%

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 5.20% to 8.09%. Data records for this series originated in 2005. From a 2013 post peak low of 2.72%, the rental vacancy rate has increased by 5.37%.

Rental Vacancy Rate: San Angelo TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for San Angelo

Date US Texas San Angelo, TX
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%
2008 7.86% 10.24% 13.29%
2007 7.87% 10.61% 11.48%
2006 7.70% 10.28%
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 2016 according to the ACS.

San Angelo Texas Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Texas 20.28% +0.19% +0.39%
San Angelo, TX 20.73% -1.15% +1.27%

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 1.15% to 20.73%.

Fraction of Income towards Rent: San Angelo TX, Texas, US

Percent of median household income going towards median monthly gross rent in San Angelo Texas

Historical Data for Annual Rent as a Fraction of Income in San Angelo Texas

Date US Texas San Angelo, TX
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%
2008 19.00% 18.42% 16.77%
2007 18.66% 18.52% 19.53%
2006 18.90% 18.99% 20.73%
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 2016 38.78% of households were renters according to Census ACS data.

San Angelo Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Texas 38.91% -0.03% +0.75%
San Angelo, TX 38.78% -0.51% +2.44%

Trends in the San Angelo, TX Renter Fraction

The San Angelo household renter fraction peaked in in 2012 at 41.12% and is now 2.34% below that level. The origin year for the series is 2005.

Fraction of Renting Households: San Angelo TX, Texas, US

Fraction of renters in San Angelo

History of San Angelo Renter Fraction

Date US Texas San Angelo, TX
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%
2008 33.36% 35.10% 34.57%
2007 32.80% 34.82% 28.62%
2006 32.73% 34.75% 33.51%
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.