Department of Numbers

Williamson County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Williamson County TX was $1,252 in 2017 according to the Census ACS survey.1 Average gross rent in Williamson County was $1,323 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 Williamson County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Williamson 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%
Williamson County TX Median Gross Rent $1,252 -0.56% +18.22%

Williamson County TX Real Gross Rent Trends

Median gross rent for Williamson County peaked in real terms in 2016 at $1,259 and is now $7 (0.56%) lower. At $1,323, real average gross rent in Williamson County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Williamson County

Date US
Median
Texas
Median
Williamson County TX
Median
Williamson County TX
Average
2017 $1,012 $987 $1,252 $1,323
2016 $996 $971 $1,259 $1,287
2015 $987 $959 $1,179 $1,214
2014 $956 $917 $1,059 $1,140
2013 $924 $875 $1,035 $1,092
2012 $912 $857 $1,077 $1,118
2011 $912 $852 $1,045 $1,114
2010 $927 $868 $1,051 $1,127
2009 $931 $871 $1,108 $1,177
2008 $947 $882 $1,076 $1,065
2007 $899 $836 $1,071 $1,104
2006 $909 $847 $1,073 $1,123

Williamson 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 Williamson County Texas was 9.24% according to Census ACS data.

Rental Vacancy Rate in Williamson County Texas

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Texas 8.49% +0.84% +1.19%
Williamson County TX 9.24% +0.66% +1.02%

Trends in Williamson County TX Rental Vacancy Rate

At 9.24%, Williamson 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: Williamson County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Williamson County

Date US Texas Williamson County TX
2017 6.18% 8.49% 9.24%
2016 5.89% 7.65% 8.58%
2015 5.85% 6.95% 5.32%
2014 6.32% 7.30% 8.22%
2013 6.49% 7.86% 4.58%
2012 6.77% 8.53% 5.21%
2011 7.40% 9.23% 5.51%
2010 8.17% 10.60% 6.96%
2009 8.43% 10.69% 8.13%
2008 7.86% 10.24% 6.98%
2007 7.87% 10.61% 4.08%
2006 7.70% 10.28% 5.68%

Rent as a Fraction of Income

Using median household income data for Williamson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Williamson County, median monthly gross rent as a fraction of median household income was 18.38% in 2017 according to the ACS.

Williamson 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%
Williamson County TX 18.38% +0.20% +1.26%

Trends in Williamson County TX Rent as a Fraction of Income

Williamson County renters paid 18.38% 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: Williamson County TX, Texas, US

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

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

Date US Texas Williamson County TX
2017 20.13% 20.00% 18.38%
2016 20.43% 20.28% 18.19%
2015 20.63% 20.10% 17.56%
2014 20.89% 20.27% 17.13%
2013 20.78% 19.89% 17.14%
2012 20.65% 19.65% 17.71%
2011 20.70% 19.75% 17.81%
2010 20.50% 19.77% 17.87%
2009 20.12% 19.59% 17.30%
2008 19.00% 18.42% 16.27%
2007 18.66% 18.52% 16.59%
2006 18.90% 18.99% 17.30%

Renter Fraction in Williamson County Texas

You can calculate the renter fraction in Williamson 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 Williamson County as a fraction of total Williamson County households. In 2017 32.65% of households were renters according to Census ACS data.

Williamson 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%
Williamson County TX 32.65% +0.60% -0.17%

Trends in the Williamson County TX Renter Fraction

The Williamson County household renter fraction peaked in in 2010 at 34.14% and is now 1.49% below that level. The origin year for the series is 2005.

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

Fraction of renters in Williamson County

History of Williamson County Renter Fraction

Date US Texas Williamson County TX
2017 36.13% 38.03% 32.65%
2016 36.88% 38.91% 32.05%
2015 36.97% 38.94% 30.18%
2014 36.90% 38.84% 32.82%
2013 36.50% 38.16% 30.36%
2012 36.09% 37.72% 33.24%
2011 35.42% 37.08% 33.22%
2010 34.65% 36.42% 34.14%
2009 34.13% 36.32% 29.13%
2008 33.36% 35.10% 28.21%
2007 32.80% 34.82% 27.67%
2006 32.73% 34.75% 26.86%

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.