Department of Numbers

Chelan County Washington Residential Rent and Rental Statistics

The median monthly gross residential rent in Chelan County WA was $844 in 2017 according to the Census ACS survey.1 Average gross rent in Chelan County was $839 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 Chelan County median and average rent data will be released in September of 2019.

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.

Show dollars as: Nominal Real

Real Gross Rent in Chelan County Washington (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Washington Median Gross Rent $1,216 +5.46% +15.04%
Chelan County WA Median Gross Rent $844 -2.76% +6.97%

Chelan County WA Real Gross Rent Trends

Median gross rent for Chelan County peaked in real terms in 2016 at $868 and is now $24 (2.76%) lower. Average gross rent for Chelan County peaked in real terms in 2016 at $899 and is now $60 (6.67%) lower.

Real Gross Rent: Chelan County WA Median, Chelan County WA Average, Washington Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Chelan County

Date US
Median
Washington
Median
Chelan County WA
Median
Chelan County WA
Average
2017 $1,012 $1,216 $844 $839
2016 $996 $1,153 $868 $899
2015 $987 $1,111 $804 $778
2014 $956 $1,057 $789 $717
2013 $924 $1,010 $772 $787
2012 $912 $984 $751 $729
2011 $912 $974 $766 $723
2010 $927 $984 $806 $802
2009 $931 $1,007 $772 $801
2008 $947 $1,004 $783 $711
2007 $899 $930 $638 $632
2006 $909 $928 $698 $742

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

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Washington 3.68% +0.45% -0.55%
Chelan County WA 9.48% -2.88%

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

Rental vacancy rate in Washington

Historical Rental Vacancy Rate data for Chelan County

Date US Washington Chelan County WA
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%
2008 7.86% 5.09% 10.36%
2007 7.87% 4.83%
2006 7.70% 6.14% 9.09%

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 16.44% in 2017 according to the ACS.

Chelan County Washington Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Washington 20.56% +0.26% +0.38%
Chelan County WA 16.44% -3.26% -2.00%

Trends in Chelan County WA Rent as a Fraction of Income

The fraction of median Chelan County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 19.70%. Since then it has fallen by 3.26% to 16.44%.

Fraction of Income towards Rent: Chelan County WA, Washington, US

Percent of median household income going towards median monthly gross rent in Chelan County Washington

Historical Data for Annual Rent as a Fraction of Income in Chelan County Washington

Date US Washington Chelan County WA
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%
2008 19.00% 18.06% 18.63%
2007 18.66% 17.61% 14.65%
2006 18.90% 17.78% 14.32%

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 2017 36.28% of households were renters according to Census ACS data.

Chelan County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Washington 37.21% -0.32% -1.04%
Chelan County WA 36.28% +1.11% +4.22%

Trends in the Chelan County WA Renter Fraction

The Chelan County household renter fraction peaked in in 2013 at 39.63% and is now 3.35% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Chelan County WA, Washington, US

Fraction of renters in Chelan County

History of Chelan County Renter Fraction

Date US Washington Chelan County WA
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%
2008 33.36% 34.72% 32.49%
2007 32.80% 33.93% 30.93%
2006 32.73% 34.46% 28.20%

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.