Department of Numbers

Wichita County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Wichita County TX was $775 in 2017 according to the Census ACS survey.1 Average gross rent in Wichita County was $780 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 Wichita County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Wichita 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%
Wichita County TX Median Gross Rent $775 +1.84% +4.31%

Wichita County TX Real Gross Rent Trends

Median gross rent for Wichita County peaked in real terms in 2008 at $811 and is now $36 (4.44%) lower. From a recent low of 704.0 in 2011, real median gross rent has now increased by $71 (10.09%). Average gross rent for Wichita County peaked in real terms in 2008 at $816 and is now $36 (4.41%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Wichita County

Date US
Median
Texas
Median
Wichita County TX
Median
Wichita County TX
Average
2017 $1,012 $987 $775 $780
2016 $996 $971 $761 $753
2015 $987 $959 $764 $774
2014 $956 $917 $743 $788
2013 $924 $875 $747 $727
2012 $912 $857 $756 $760
2011 $912 $852 $704 $772
2010 $927 $868 $735 $794
2009 $931 $871 $749 $717
2008 $947 $882 $811 $816
2007 $899 $836 $738 $744
2006 $909 $847 $707 $701

Wichita County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Wichita County Texas was 8.83% according to Census ACS data.

Rental Vacancy Rate in Wichita County Texas

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

Trends in Wichita County TX Rental Vacancy Rate

The rental vacancy rate in Wichita County peaked in 2005 at 15.90%. Since then it has fallen by 7.07% to 8.83%. Data records for this series originated in 2005.

Rental Vacancy Rate: Wichita County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Wichita County

Date US Texas Wichita County TX
2017 6.18% 8.49%
2016 5.89% 7.65%
2015 5.85% 6.95% 8.83%
2014 6.32% 7.30% 12.98%
2013 6.49% 7.86% 15.45%
2012 6.77% 8.53%
2011 7.40% 9.23% 14.17%
2010 8.17% 10.60% 13.22%
2009 8.43% 10.69%
2008 7.86% 10.24% 12.83%
2007 7.87% 10.61%
2006 7.70% 10.28%

Rent as a Fraction of Income

Using median household income data for Wichita County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wichita County, median monthly gross rent as a fraction of median household income was 21.48% in 2017 according to the ACS.

Wichita 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%
Wichita County TX 21.48% +1.40% +1.22%

Trends in Wichita County TX Rent as a Fraction of Income

Wichita County renters paid 21.48% of median household income towards the median monthly gross rent in 2017. This is the highest fraction of median household income going to rent since the series originated in 2005.

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

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

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

Date US Texas Wichita County TX
2017 20.13% 20.00% 21.48%
2016 20.43% 20.28% 20.08%
2015 20.63% 20.10% 19.63%
2014 20.89% 20.27% 20.26%
2013 20.78% 19.89% 20.15%
2012 20.65% 19.65% 19.39%
2011 20.70% 19.75% 18.63%
2010 20.50% 19.77% 21.03%
2009 20.12% 19.59% 19.26%
2008 19.00% 18.42% 18.93%
2007 18.66% 18.52% 19.93%
2006 18.90% 18.99% 19.94%

Renter Fraction in Wichita County Texas

You can calculate the renter fraction in Wichita 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 Wichita County as a fraction of total Wichita County households. In 2017 39.83% of households were renters according to Census ACS data.

Wichita 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%
Wichita County TX 39.83% -2.67% +3.69%

Trends in the Wichita County TX Renter Fraction

The Wichita County household renter fraction peaked in in 2016 at 42.50% and is now 2.67% below that level. The origin year for the series is 2005.

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

Fraction of renters in Wichita County

History of Wichita County Renter Fraction

Date US Texas Wichita County TX
2017 36.13% 38.03% 39.83%
2016 36.88% 38.91% 42.50%
2015 36.97% 38.94% 41.11%
2014 36.90% 38.84% 36.14%
2013 36.50% 38.16% 38.86%
2012 36.09% 37.72% 40.66%
2011 35.42% 37.08% 33.52%
2010 34.65% 36.42% 37.15%
2009 34.13% 36.32% 37.90%
2008 33.36% 35.10% 34.07%
2007 32.80% 34.82% 35.93%
2006 32.73% 34.75% 38.71%

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.