Department of Numbers

Webb County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Webb County TX was $801 in 2017 according to the Census ACS survey.1 Average gross rent in Webb County was $773 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 Webb County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Webb 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%
Webb County TX Median Gross Rent $801 +0.50% +4.43%

Webb County TX Real Gross Rent Trends

At $801, real median gross rent in Webb County was at its highest level in 2017 since the series began in 2005. Average gross rent for Webb County peaked in real terms in 2016 at $795 and is now $22 (2.77%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Webb County

Date US
Median
Texas
Median
Webb County TX
Median
Webb County TX
Average
2017 $1,012 $987 $801 $773
2016 $996 $971 $797 $795
2015 $987 $959 $798 $793
2014 $956 $917 $767 $755
2013 $924 $875 $726 $726
2012 $912 $857 $723 $729
2011 $912 $852 $784 $790
2010 $927 $868 $734 $698
2009 $931 $871 $795 $741
2008 $947 $882 $785 $752
2007 $899 $836 $714 $685
2006 $909 $847 $718 $668

Webb 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 Webb County Texas was 9.84% according to Census ACS data.

Rental Vacancy Rate in Webb County Texas

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Texas 8.49% +0.84% +1.19%
Webb County TX 9.84% +1.39% +3.54%

Trends in Webb County TX Rental Vacancy Rate

At 9.84%, Webb County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Webb County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Webb County

Date US Texas Webb County TX
2017 6.18% 8.49% 9.84%
2016 5.89% 7.65% 8.45%
2015 5.85% 6.95% 4.94%
2014 6.32% 7.30% 6.30%
2013 6.49% 7.86% 5.80%
2012 6.77% 8.53% 3.94%
2011 7.40% 9.23%
2010 8.17% 10.60% 3.96%
2009 8.43% 10.69% 5.10%
2008 7.86% 10.24% 5.82%
2007 7.87% 10.61% 6.97%
2006 7.70% 10.28% 7.97%

Rent as a Fraction of Income

Using median household income data for Webb County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Webb County, median monthly gross rent as a fraction of median household income was 22.14% in 2017 according to the ACS.

Webb 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%
Webb County TX 22.14% -4.27% -1.32%

Trends in Webb County TX Rent as a Fraction of Income

The fraction of median Webb County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 26.42%. Since then it has fallen by 4.27% to 22.14%.

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

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

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

Date US Texas Webb County TX
2017 20.13% 20.00% 22.14%
2016 20.43% 20.28% 26.42%
2015 20.63% 20.10% 23.41%
2014 20.89% 20.27% 23.46%
2013 20.78% 19.89% 21.33%
2012 20.65% 19.65% 22.97%
2011 20.70% 19.75% 24.84%
2010 20.50% 19.77% 22.71%
2009 20.12% 19.59% 22.53%
2008 19.00% 18.42% 22.31%
2007 18.66% 18.52% 22.19%
2006 18.90% 18.99% 21.91%

Renter Fraction in Webb County Texas

You can calculate the renter fraction in Webb 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 Webb County as a fraction of total Webb County households. In 2017 39.15% of households were renters according to Census ACS data.

Webb 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%
Webb County TX 39.15% +2.61% +0.37%

Trends in the Webb County TX Renter Fraction

The Webb County household renter fraction peaked in in 2010 at 40.19% and is now 1.04% below that level. From a recent low of 34.36% in 2013, the household based renter fraction has now grown by 4.79%. The origin year for the series is 2005.

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

Fraction of renters in Webb County

History of Webb County Renter Fraction

Date US Texas Webb County TX
2017 36.13% 38.03% 39.15%
2016 36.88% 38.91% 36.54%
2015 36.97% 38.94% 38.10%
2014 36.90% 38.84% 38.78%
2013 36.50% 38.16% 34.36%
2012 36.09% 37.72% 36.69%
2011 35.42% 37.08% 38.17%
2010 34.65% 36.42% 40.19%
2009 34.13% 36.32% 34.53%
2008 33.36% 35.10% 35.06%
2007 32.80% 34.82% 34.93%
2006 32.73% 34.75% 34.80%

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.