Department of Numbers

Davis County Utah Residential Rent and Rental Statistics

The median monthly gross residential rent in Davis County UT was $1,020 in 2017 according to the Census ACS survey.1 Average gross rent in Davis County was $1,076 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 Davis County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Davis 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%
Davis County UT Median Gross Rent $1,020 -0.29% +6.14%

Davis County UT Real Gross Rent Trends

Median gross rent for Davis County peaked in real terms in 2015 at $1,037 and is now $17 (1.64%) lower. At $1,076, real average gross rent in Davis County was at its highest level in 2017 since the series began in 2005.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Davis County

Date US
Median
Utah
Median
Davis County UT
Median
Davis County UT
Average
2017 $1,012 $986 $1,020 $1,076
2016 $996 $969 $1,023 $1,044
2015 $987 $952 $1,037 $1,027
2014 $956 $907 $961 $1,007
2013 $924 $900 $932 $943
2012 $912 $878 $877 $917
2011 $912 $861 $866 $886
2010 $927 $863 $935 $940
2009 $931 $877 $954 $945
2008 $947 $901 $956 $928
2007 $899 $835 $820 $828
2006 $909 $830 $849 $871

Davis 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 Davis County Utah was 3.52% according to Census ACS data.

Rental Vacancy Rate in Davis County Utah

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Utah 6.15% -0.09% +0.88%
Davis County UT 3.52% +1.53% -1.14%

Trends in Davis County UT Rental Vacancy Rate

The rental vacancy rate in Davis County peaked in 2008 at 8.93%. Since then it has fallen by 5.41% to 3.52%. Data records for this series originated in 2005. From a 2016 post peak low of 1.99%, the rental vacancy rate has increased by 1.53%.

Rental Vacancy Rate: Davis County UT, Utah, US

Rental vacancy rate in Utah

Historical Rental Vacancy Rate data for Davis County

Date US Utah Davis County UT
2017 6.18% 6.15% 3.52%
2016 5.89% 6.24% 1.99%
2015 5.85% 4.81% 2.74%
2014 6.32% 5.27% 4.66%
2013 6.49% 5.96% 4.68%
2012 6.77% 5.89% 2.29%
2011 7.40% 5.36%
2010 8.17% 6.59%
2009 8.43% 6.49% 4.29%
2008 7.86% 5.32% 8.93%
2007 7.87% 5.59% 6.42%
2006 7.70% 6.21% 7.22%

Rent as a Fraction of Income

Using median household income data for Davis County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Davis County, median monthly gross rent as a fraction of median household income was 15.24% in 2017 according to the ACS.

Davis 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%
Davis County UT 15.24% -0.47% -0.75%

Trends in Davis County UT Rent as a Fraction of Income

The fraction of median Davis County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 16.80%. Since then it has fallen by 1.55% to 15.24%.

Fraction of Income towards Rent: Davis County UT, Utah, US

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

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

Date US Utah Davis County UT
2017 20.13% 17.31% 15.24%
2016 20.43% 17.35% 15.71%
2015 20.63% 17.64% 16.80%
2014 20.89% 17.45% 16.00%
2013 20.78% 17.69% 15.58%
2012 20.65% 17.90% 14.80%
2011 20.70% 17.66% 14.38%
2010 20.50% 17.45% 16.09%
2009 20.12% 17.27% 15.67%
2008 19.00% 16.61% 14.92%
2007 18.66% 15.96% 13.15%
2006 18.90% 16.30% 13.97%

Renter Fraction in Davis County Utah

You can calculate the renter fraction in Davis 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 Davis County as a fraction of total Davis County households. In 2017 22.15% of households were renters according to Census ACS data.

Davis 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%
Davis County UT 22.15% -1.54% -0.85%

Trends in the Davis County UT Renter Fraction

The Davis County household renter fraction peaked in in 2016 at 23.69% and is now 1.54% below that level. The origin year for the series is 2005.

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

Fraction of renters in Davis County

History of Davis County Renter Fraction

Date US Utah Davis County UT
2017 36.13% 30.13% 22.15%
2016 36.88% 30.10% 23.69%
2015 36.97% 31.12% 23.31%
2014 36.90% 30.84% 23.00%
2013 36.50% 30.78% 22.49%
2012 36.09% 30.38% 22.69%
2011 35.42% 30.62% 21.75%
2010 34.65% 30.10% 23.26%
2009 34.13% 28.50% 21.58%
2008 33.36% 28.28% 20.15%
2007 32.80% 28.27% 19.88%
2006 32.73% 28.02% 22.09%

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.