Chelan County Washington Residential Rent and Rental Statistics
The median monthly gross residential rent in Chelan County WA was $980 in 2019 according to the Census ACS survey.1 Average gross rent in Chelan County was $926 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 Chelan County median and average rent data will be released in September of 2021.
Data is also available below for Chelan County rental vacancy rates, Chelan County rent as a percent of median income and the fraction of renters in Chelan County.
Real Gross Rent in Chelan County Washington (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Washington Median Gross Rent | $1,359 | +1.42% | +14.39% |
| Chelan County WA Median Gross Rent | $980 | +3.70% | +9.50% |
Chelan County WA Real Gross Rent Trends
At $980, real median gross rent in Chelan County was at its highest level in 2019 since the series began in 2005. Average gross rent for Chelan County peaked in real terms in 2016 at $927 and is now $1 (0.11%) lower.
Real Gross Rent: Chelan County WA Median, Chelan County WA Average, Washington Median, US Median
Real Gross Rent History for Chelan County
| Date | US Median |
Washington Median |
Chelan County WA Median |
Chelan County WA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,359 | $980 | $926 |
| 2018 | $1,077 | $1,340 | $945 | $879 |
| 2017 | $1,043 | $1,254 | $870 | $865 |
| 2016 | $1,027 | $1,188 | $895 | $927 |
| 2015 | $1,017 | $1,146 | $828 | $802 |
| 2014 | $986 | $1,090 | $814 | $739 |
| 2013 | $953 | $1,041 | $796 | $812 |
| 2012 | $940 | $1,015 | $774 | $752 |
| 2011 | $941 | $1,004 | $790 | $745 |
| 2010 | $955 | $1,015 | $831 | $827 |
| 2009 | $960 | $1,038 | $796 | $826 |
| 2007 | $927 | $959 | $658 | $652 |
| 2005 | $910 | $926 | $723 | $629 |
Chelan 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 Chelan County Washington was 9.48% according to Census ACS data.
Rental Vacancy Rate in Chelan County Washington
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Washington | 4.31% | +0.37% | +1.08% |
| Chelan County WA | — | — | — |
Trends in Chelan County WA Rental Vacancy Rate
The rental vacancy rate in Chelan County peaked in 2014 at 12.36%. Since then it has fallen by 2.88% to 9.48%. Data records for this series originated in 2005.
Rental Vacancy Rate: Chelan County WA, Washington, US
Historical Rental Vacancy Rate data for Chelan County
| Date | US | Washington | Chelan County WA |
|---|---|---|---|
| 2019 | 5.97% | 4.31% | — |
| 2018 | 6.15% | 3.94% | — |
| 2017 | 6.18% | 3.68% | 9.48% |
| 2016 | 5.89% | 3.23% | — |
| 2015 | 5.85% | 3.27% | — |
| 2014 | 6.32% | 4.23% | 12.36% |
| 2013 | 6.49% | 4.65% | — |
| 2012 | 6.77% | 5.30% | — |
| 2011 | 7.40% | 5.59% | — |
| 2010 | 8.17% | 5.80% | 11.00% |
| 2009 | 8.43% | 5.98% | 7.91% |
| 2007 | 7.87% | 4.83% | — |
| 2005 | 7.74% | 5.74% | 3.71% |
Rent as a Fraction of Income
Using median household income data for Chelan County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Chelan County, median monthly gross rent as a fraction of median household income was 19.88% in 2019 according to the ACS.
Chelan County Washington Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Washington | 20.73% | -0.59% | +0.43% |
| Chelan County WA | 19.88% | +0.39% | +0.18% |
Trends in Chelan County WA Rent as a Fraction of Income
Chelan County renters paid 19.88% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Chelan County WA, Washington, US
Historical Data for Annual Rent as a Fraction of Income in Chelan County Washington
| Date | US | Washington | Chelan County WA |
|---|---|---|---|
| 2019 | 20.03% | 20.73% | 19.88% |
| 2018 | 20.50% | 21.32% | 19.49% |
| 2017 | 20.13% | 20.56% | 16.44% |
| 2016 | 20.43% | 20.30% | 19.70% |
| 2015 | 20.63% | 20.21% | 16.47% |
| 2014 | 20.89% | 20.18% | 18.44% |
| 2013 | 20.78% | 20.32% | 17.75% |
| 2012 | 20.65% | 19.88% | 19.06% |
| 2011 | 20.70% | 19.64% | 17.20% |
| 2010 | 20.50% | 19.59% | 19.19% |
| 2009 | 20.12% | 19.33% | 16.87% |
| 2007 | 18.66% | 17.61% | 14.65% |
| 2005 | 18.89% | 18.05% | 18.12% |
Renter Fraction in Chelan County Washington
You can calculate the renter fraction in Chelan 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 Chelan County as a fraction of total Chelan County households. In 2019 37.33% of households were renters according to Census ACS data.
Chelan County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Washington | 36.92% | -0.26% | -0.61% |
| Chelan County WA | 37.33% | -1.50% | +2.16% |
Trends in the Chelan County WA Renter Fraction
The Chelan County household renter fraction peaked in in 2013 at 39.63% and is now 2.30% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Chelan County WA, Washington, US
History of Chelan County Renter Fraction
| Date | US | Washington | Chelan County WA |
|---|---|---|---|
| 2019 | 35.89% | 36.92% | 37.33% |
| 2018 | 36.05% | 37.18% | 38.83% |
| 2017 | 36.13% | 37.21% | 36.28% |
| 2016 | 36.88% | 37.53% | 35.17% |
| 2015 | 36.97% | 37.58% | 30.71% |
| 2014 | 36.90% | 38.25% | 32.06% |
| 2013 | 36.50% | 38.06% | 39.63% |
| 2012 | 36.09% | 37.67% | 34.58% |
| 2011 | 35.42% | 37.18% | 34.66% |
| 2010 | 34.65% | 36.90% | 35.08% |
| 2009 | 34.13% | 35.70% | 32.72% |
| 2007 | 32.80% | 33.93% | 30.93% |
| 2005 | 33.10% | 35.34% | 38.40% |
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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