Department of Numbers

Cache County Utah Residential Rent and Rental Statistics

The median monthly gross residential rent in Cache County UT was $802 in 2017 according to the Census ACS survey.1 Average gross rent in Cache County was $902 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 Cache County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Cache County Utah (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Utah Median Gross Rent $986 +1.75% +8.71%
Cache County UT Median Gross Rent $802 +7.36% +15.73%

Cache County UT Real Gross Rent Trends

At $802, real median gross rent in Cache County was at its highest level in 2017 since the series began in 2005. At $902, real average gross rent in Cache County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Cache County UT Median, Cache County UT Average, Utah Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Cache County

Date US
Median
Utah
Median
Cache County UT
Median
Cache County UT
Average
2017 $1,012 $986 $802 $902
2016 $996 $969 $747 $860
2015 $987 $952 $726 $768
2014 $956 $907 $693 $762
2013 $924 $900 $707 $707
2012 $912 $878 $691 $704
2011 $912 $861 $661 $696
2010 $927 $863 $644 $678
2009 $931 $877 $726 $753
2008 $947 $901 $733 $759
2007 $899 $835 $712 $711
2006 $909 $830 $711 $773

Cache 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 Cache County Utah was 0.99% according to Census ACS data.

Rental Vacancy Rate in Cache County Utah

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Utah 6.15% -0.09% +0.88%
Cache County UT 0.99% -4.00%

Trends in Cache County UT Rental Vacancy Rate

The rental vacancy rate in Cache County peaked in 2006 at 9.85%. Since then it has fallen by 8.86% to 0.99%. Data records for this series originated in 2005.

Rental Vacancy Rate: Cache County UT, Utah, US

Rental vacancy rate in Utah

Historical Rental Vacancy Rate data for Cache County

Date US Utah Cache County UT
2017 6.18% 6.15% 0.99%
2016 5.89% 6.24%
2015 5.85% 4.81% 6.47%
2014 6.32% 5.27% 4.99%
2013 6.49% 5.96% 4.06%
2012 6.77% 5.89% 3.36%
2011 7.40% 5.36%
2010 8.17% 6.59%
2009 8.43% 6.49%
2008 7.86% 5.32%
2007 7.87% 5.59%
2006 7.70% 6.21% 9.85%

Rent as a Fraction of Income

Using median household income data for Cache County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cache County, median monthly gross rent as a fraction of median household income was 18.22% in 2017 according to the ACS.

Cache County Utah Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Utah 17.31% -0.04% -0.14%
Cache County UT 18.22% +2.99% +2.46%

Trends in Cache County UT Rent as a Fraction of Income

Cache County renters paid 18.22% 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: Cache County UT, Utah, US

Percent of median household income going towards median monthly gross rent in Cache County Utah

Historical Data for Annual Rent as a Fraction of Income in Cache County Utah

Date US Utah Cache County UT
2017 20.13% 17.31% 18.22%
2016 20.43% 17.35% 15.23%
2015 20.63% 17.64% 16.77%
2014 20.89% 17.45% 15.76%
2013 20.78% 17.69% 17.09%
2012 20.65% 17.90% 17.47%
2011 20.70% 17.66% 16.40%
2010 20.50% 17.45% 15.18%
2009 20.12% 17.27% 17.27%
2008 19.00% 16.61% 15.54%
2007 18.66% 15.96% 16.41%
2006 18.90% 16.30% 16.64%

Renter Fraction in Cache County Utah

You can calculate the renter fraction in Cache 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 Cache County as a fraction of total Cache County households. In 2017 38.44% of households were renters according to Census ACS data.

Cache County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Utah 30.13% +0.03% -0.71%
Cache County UT 38.44% -0.33% +2.42%

Trends in the Cache County UT Renter Fraction

The Cache County household renter fraction peaked in in 2016 at 38.77% and is now 0.33% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Cache County UT, Utah, US

Fraction of renters in Cache County

History of Cache County Renter Fraction

Date US Utah Cache County UT
2017 36.13% 30.13% 38.44%
2016 36.88% 30.10% 38.77%
2015 36.97% 31.12% 35.92%
2014 36.90% 30.84% 36.02%
2013 36.50% 30.78% 34.38%
2012 36.09% 30.38% 33.16%
2011 35.42% 30.62% 35.10%
2010 34.65% 30.10% 36.81%
2009 34.13% 28.50% 37.42%
2008 33.36% 28.28% 36.17%
2007 32.80% 28.27% 31.00%
2006 32.73% 28.02% 35.36%

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.