Department of Numbers

Kennewick Washington Residential Rent and Rental Statistics

The median monthly gross residential rent in Kennewick, WA (the Kennewick-Pasco-Richland metro area) was $945 in 2017 according to the Census ACS survey.1 Average gross rent in Kennewick was $956 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 Kennewick median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Kennewick 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%
Kennewick, WA Median Gross Rent $945 +6.30% +7.39%

Kennewick, WA Real Gross Rent Trends

At $945, real median gross rent in Kennewick was at its highest level in 2017 since the series began in 2005. At $956, real average gross rent in Kennewick was at its highest level in 2017 since the series began in 2005.

Real Gross Rent in Kennewick: Kennewick WA Median, Kennewick WA Average, Washington Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Kennewick

Date US
Median
Washington
Median
Kennewick, WA
Median
Kennewick, WA
Average
2017 $1,012 $1,216 $945 $956
2016 $996 $1,153 $889 $881
2015 $987 $1,111 $849 $847
2014 $956 $1,057 $880 $938
2013 $924 $1,010 $851 $837
2012 $912 $984 $798 $798
2011 $912 $974 $795 $885
2010 $927 $984 $777 $789
2009 $931 $1,007 $809 $817
2008 $947 $1,004 $839 $876
2007 $899 $930 $754 $767
2006 $909 $928 $774 $746

Kennewick 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 Kennewick Washington was 4.48% according to Census ACS data.

Rental Vacancy Rate in Kennewick Washington

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Washington 3.68% +0.45% -0.55%
Kennewick, WA 4.48% +1.04% -1.85%

Trends in Kennewick, WA Rental Vacancy Rate

The rental vacancy rate in Kennewick peaked in 2007 at 13.79%. Since then it has fallen by 9.31% to 4.48%. Data records for this series originated in 2005. From a 2013 post peak low of 2.31%, the rental vacancy rate has increased by 2.17%.

Rental Vacancy Rate: Kennewick WA, Washington, US

Rental vacancy rate in Washington

Historical Rental Vacancy Rate data for Kennewick

Date US Washington Kennewick, WA
2017 6.18% 3.68% 4.48%
2016 5.89% 3.23% 3.44%
2015 5.85% 3.27%
2014 6.32% 4.23% 6.33%
2013 6.49% 4.65% 2.31%
2012 6.77% 5.30% 7.82%
2011 7.40% 5.59% 5.92%
2010 8.17% 5.80% 5.08%
2009 8.43% 5.98% 7.13%
2008 7.86% 5.09% 7.95%
2007 7.87% 4.83% 13.79%
2006 7.70% 6.14% 12.76%

Rent as a Fraction of Income

Using median household income data for Kennewick, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kennewick, median monthly gross rent as a fraction of median household income was 17.83% in 2017 according to the ACS.

Kennewick 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%
Kennewick, WA 17.83% +0.62% +0.06%

Trends in Kennewick, WA Rent as a Fraction of Income

Kennewick renters paid 17.83% 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 2005.

Fraction of Income towards Rent: Kennewick WA, Washington, US

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

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

Date US Washington Kennewick, WA
2017 20.13% 20.56% 17.83%
2016 20.43% 20.30% 17.21%
2015 20.63% 20.21% 16.13%
2014 20.89% 20.18% 17.77%
2013 20.78% 20.32% 17.07%
2012 20.65% 19.88% 16.22%
2011 20.70% 19.64% 15.37%
2010 20.50% 19.59% 15.25%
2009 20.12% 19.33% 16.26%
2008 19.00% 18.06% 17.00%
2007 18.66% 17.61% 15.67%
2006 18.90% 17.78% 15.93%

Renter Fraction in Kennewick Washington

You can calculate the renter fraction in Kennewick 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 Kennewick as a fraction of total Kennewick households. In 2017 33.03% of households were renters according to Census ACS data.

Kennewick 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%
Kennewick, WA 33.03% +2.47% -0.60%

Trends in the Kennewick, WA Renter Fraction

The Kennewick household renter fraction peaked in in 2014 at 33.63% and is now 0.60% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Kennewick WA, Washington, US

Fraction of renters in Kennewick

History of Kennewick Renter Fraction

Date US Washington Kennewick, WA
2017 36.13% 37.21% 33.03%
2016 36.88% 37.53% 30.56%
2015 36.97% 37.58% 32.61%
2014 36.90% 38.25% 33.63%
2013 36.50% 38.06% 31.95%
2012 36.09% 37.67% 32.03%
2011 35.42% 37.18% 32.06%
2010 34.65% 36.90% 32.43%
2009 34.13% 35.70% 32.09%
2008 33.36% 34.72% 29.33%
2007 32.80% 33.93% 30.39%
2006 32.73% 34.46% 31.40%

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.