Department of Numbers

Fauquier County Virginia Residential Rent and Rental Statistics

The median monthly gross residential rent in Fauquier County VA was $1,489 in 2017 according to the Census ACS survey.1 Average gross rent in Fauquier County was $1,282 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 Fauquier County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Fauquier County Virginia (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Virginia Median Gross Rent $1,179 +0.17% +3.15%
Fauquier County VA Median Gross Rent $1,489 +24.60% +22.55%

Fauquier County VA Real Gross Rent Trends

At $1,489, real median gross rent in Fauquier County was at its highest level in 2017 since the series began in 2006. At $1,282, real average gross rent in Fauquier County was at its highest level in 2017 since the series began in 2006.

Real Gross Rent: Fauquier County VA Median, Fauquier County VA Average, Virginia Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Fauquier County

Date US
Median
Virginia
Median
Fauquier County VA
Median
Fauquier County VA
Average
2017 $1,012 $1,179 $1,489 $1,282
2016 $996 $1,177 $1,195 $1,134
2015 $987 $1,177 $1,241 $1,071
2014 $956 $1,143 $1,215 $1,227
2013 $924 $1,109 $1,124 $1,146
2012 $912 $1,102 $1,145 $1,123
2011 $912 $1,112 $1,201 $1,070
2010 $927 $1,104 $1,148 $989
2009 $931 $1,093 $1,216 $982
2008 $947 $1,073 $1,335 $1,099
2007 $899 $1,016 $1,242 $1,188
2006 $909 $1,008 $1,133 $950

Fauquier County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Fauquier County Virginia was 6.73% according to Census ACS data.

Rental Vacancy Rate in Fauquier County Virginia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Virginia 6.45% +0.86% +0.66%
Fauquier County VA

Trends in Fauquier County VA Rental Vacancy Rate

The rental vacancy rate in Fauquier County peaked in 2010 at 10.64%. Since then it has fallen by 3.91% to 6.73%. Data records for this series originated in 2006.

Rental Vacancy Rate: Fauquier County VA, Virginia, US

Rental vacancy rate in Virginia

Historical Rental Vacancy Rate data for Fauquier County

Date US Virginia Fauquier County VA
2017 6.18% 6.45%
2016 5.89% 5.59%
2015 5.85% 5.13%
2014 6.32% 5.79% 6.73%
2013 6.49% 6.38%
2012 6.77% 6.18%
2011 7.40% 7.54% 6.95%
2010 8.17% 7.02% 10.64%
2009 8.43% 7.29%
2008 7.86% 6.82%
2007 7.87% 7.11%
2006 7.70% 6.88%

Rent as a Fraction of Income

Using median household income data for Fauquier County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Fauquier County, median monthly gross rent as a fraction of median household income was 18.12% in 2017 according to the ACS.

Fauquier County Virginia Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Virginia 19.78% -0.64% -0.86%
Fauquier County VA 18.12% +3.15% +2.64%

Trends in Fauquier County VA Rent as a Fraction of Income

Fauquier County renters paid 18.12% 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 2006.

Fraction of Income towards Rent: Fauquier County VA, Virginia, US

Percent of median household income going towards median monthly gross rent in Fauquier County Virginia

Historical Data for Annual Rent as a Fraction of Income in Fauquier County Virginia

Date US Virginia Fauquier County VA
2017 20.13% 19.78% 18.12%
2016 20.43% 20.42% 14.97%
2015 20.63% 20.72% 15.74%
2014 20.89% 20.63% 15.48%
2013 20.78% 20.80% 15.95%
2012 20.65% 20.76% 15.92%
2011 20.70% 20.59% 14.68%
2010 20.50% 20.15% 14.84%
2009 20.12% 20.00% 14.95%
2008 19.00% 18.30% 17.09%
2007 18.66% 17.97% 15.41%
2006 18.90% 18.04% 15.27%

Renter Fraction in Fauquier County Virginia

You can calculate the renter fraction in Fauquier 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 Fauquier County as a fraction of total Fauquier County households. In 2017 18.90% of households were renters according to Census ACS data.

Fauquier County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Virginia 33.43% -1.28% -1.24%
Fauquier County VA 18.90% -5.66% -3.59%

Trends in the Fauquier County VA Renter Fraction

The Fauquier County household renter fraction peaked in in 2008 at 26.25% and is now 7.35% below that level. From a recent low of 17.41% in 2009, the household based renter fraction has now grown by 1.49%. The origin year for the series is 2006.

Fraction of Renting Households: Fauquier County VA, Virginia, US

Fraction of renters in Fauquier County

History of Fauquier County Renter Fraction

Date US Virginia Fauquier County VA
2017 36.13% 33.43% 18.90%
2016 36.88% 34.71% 24.56%
2015 36.97% 34.99% 23.57%
2014 36.90% 34.67% 22.49%
2013 36.50% 34.38% 21.82%
2012 36.09% 33.84% 19.25%
2011 35.42% 32.67% 18.91%
2010 34.65% 32.33% 23.45%
2009 34.13% 31.87% 17.41%
2008 33.36% 31.30% 26.25%
2007 32.80% 30.49% 22.67%
2006 32.73% 30.11% 18.62%

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.