York County Virginia Residential Rent and Rental Statistics
The median monthly gross residential rent in York County VA was $1,544 in 2019 according to the Census ACS survey.1 Average gross rent in York County was $1,558 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 York County median and average rent data will be released in September of 2021.
Data is also available below for York County rental vacancy rates, York County rent as a percent of median income and the fraction of renters in York County.
Real Gross Rent in York County Virginia (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Virginia Median Gross Rent | $1,254 | +1.37% | +3.29% |
| York County VA Median Gross Rent | $1,544 | +8.27% | +3.76% |
York County VA Real Gross Rent Trends
Median gross rent for York County peaked in real terms in 2015 at $1,566 and is now $22 (1.40%) lower. Average gross rent for York County peaked in real terms in 2015 at $1,604 and is now $46 (2.87%) lower.
Real Gross Rent: York County VA Median, York County VA Average, Virginia Median, US Median
Real Gross Rent History for York County
| Date | US Median |
Virginia Median |
York County VA Median |
York County VA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,254 | $1,544 | $1,558 |
| 2018 | $1,077 | $1,237 | $1,426 | $1,480 |
| 2017 | $1,043 | $1,216 | $1,415 | $1,439 |
| 2016 | $1,027 | $1,214 | $1,488 | $1,519 |
| 2015 | $1,017 | $1,214 | $1,566 | $1,604 |
| 2014 | $986 | $1,178 | $1,505 | $1,496 |
| 2013 | $953 | $1,144 | $1,530 | $1,482 |
| 2012 | $940 | $1,136 | $1,374 | $1,369 |
| 2011 | $941 | $1,147 | $1,456 | $1,483 |
| 2010 | $955 | $1,139 | $1,399 | $1,243 |
| 2009 | $960 | $1,127 | — | — |
| 2007 | $927 | $1,048 | — | — |
| 2005 | $910 | $1,015 | — | — |
York County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for York County Virginia was 11.94% according to Census ACS data.
Rental Vacancy Rate in York County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Virginia | 5.53% | +0.36% | -0.06% |
| York County VA | 11.94% | — | +3.21% |
Trends in York County VA Rental Vacancy Rate
The rental vacancy rate in York County peaked in 2014 at 12.05%. Since then it has fallen by 0.11% to 11.94%. Data records for this series originated in 2010. From a 2016 post peak low of 8.73%, the rental vacancy rate has increased by 3.21%.
Rental Vacancy Rate: York County VA, Virginia, US
Historical Rental Vacancy Rate data for York County
| Date | US | Virginia | York County VA |
|---|---|---|---|
| 2019 | 5.97% | 5.53% | 11.94% |
| 2018 | 6.15% | 5.17% | — |
| 2017 | 6.18% | 6.45% | — |
| 2016 | 5.89% | 5.59% | 8.73% |
| 2015 | 5.85% | 5.13% | — |
| 2014 | 6.32% | 5.79% | 12.05% |
| 2013 | 6.49% | 6.38% | — |
| 2012 | 6.77% | 6.18% | 10.55% |
| 2011 | 7.40% | 7.54% | — |
| 2010 | 8.17% | 7.02% | — |
| 2009 | 8.43% | 7.29% | — |
| 2007 | 7.87% | 7.11% | — |
| 2005 | 7.74% | 7.20% | — |
Rent as a Fraction of Income
Using median household income data for York County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For York County, median monthly gross rent as a fraction of median household income was 20.31% in 2019 according to the ACS.
York County Virginia Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Virginia | 19.68% | -0.41% | -0.74% |
| York County VA | 20.31% | +0.19% | +1.24% |
Trends in York County VA Rent as a Fraction of Income
The fraction of median York County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2010 series origin) at 22.33%. Since then it has fallen by 2.03% to 20.31%.
Fraction of Income towards Rent: York County VA, Virginia, US
Historical Data for Annual Rent as a Fraction of Income in York County Virginia
| Date | US | Virginia | York County VA |
|---|---|---|---|
| 2019 | 20.03% | 19.68% | 20.31% |
| 2018 | 20.50% | 20.09% | 20.11% |
| 2017 | 20.13% | 19.78% | 19.60% |
| 2016 | 20.43% | 20.42% | 19.07% |
| 2015 | 20.63% | 20.72% | 20.94% |
| 2014 | 20.89% | 20.63% | 20.96% |
| 2013 | 20.78% | 20.80% | 22.33% |
| 2012 | 20.65% | 20.76% | 21.54% |
| 2011 | 20.70% | 20.59% | 19.22% |
| 2010 | 20.50% | 20.15% | 18.99% |
| 2009 | 20.12% | 20.00% | — |
| 2007 | 18.66% | 17.97% | — |
| 2005 | 18.89% | 17.96% | — |
Renter Fraction in York County Virginia
You can calculate the renter fraction in York 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 York County as a fraction of total York County households. In 2019 30.52% of households were renters according to Census ACS data.
York County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Virginia | 33.87% | -0.21% | -0.84% |
| York County VA | 30.52% | +1.15% | -2.32% |
Trends in the York County VA Renter Fraction
The York County household renter fraction peaked in in 2016 at 32.84% and is now 2.32% below that level. The origin year for the series is 2010.
Fraction of Renting Households: York County VA, Virginia, US
History of York County Renter Fraction
| Date | US | Virginia | York County VA |
|---|---|---|---|
| 2019 | 35.89% | 33.87% | 30.52% |
| 2018 | 36.05% | 34.08% | 29.37% |
| 2017 | 36.13% | 33.43% | 29.06% |
| 2016 | 36.88% | 34.71% | 32.84% |
| 2015 | 36.97% | 34.99% | 22.67% |
| 2014 | 36.90% | 34.67% | 30.60% |
| 2013 | 36.50% | 34.38% | 26.70% |
| 2012 | 36.09% | 33.84% | 30.27% |
| 2011 | 35.42% | 32.67% | 24.67% |
| 2010 | 34.65% | 32.33% | 19.37% |
| 2009 | 34.13% | 31.87% | — |
| 2007 | 32.80% | 30.49% | — |
| 2005 | 33.10% | 30.36% | — |
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. ↩
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