Department of Numbers

Wenatchee Washington Residential Rent and Rental Statistics

The median monthly gross residential rent in Wenatchee, WA (the Wenatchee-East Wenatchee metro area) was $852 in 2017 according to the Census ACS survey.1 Average gross rent in Wenatchee was $822 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 Wenatchee median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Wenatchee 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%
Wenatchee, WA Median Gross Rent $852 +1.07% +10.51%

Wenatchee, WA Real Gross Rent Trends

At $852, real median gross rent in Wenatchee was at its highest level in 2017 since the series began in 2005. Average gross rent for Wenatchee peaked in real terms in 2016 at $856 and is now $34 (3.97%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Wenatchee

Date US
Median
Washington
Median
Wenatchee, WA
Median
Wenatchee, WA
Average
2017 $1,012 $1,216 $852 $822
2016 $996 $1,153 $843 $856
2015 $987 $1,111 $819 $781
2014 $956 $1,057 $771 $708
2013 $924 $1,010 $801 $830
2012 $912 $984 $767 $731
2011 $912 $974 $787 $782
2010 $927 $984 $774 $775
2009 $931 $1,007 $757 $780
2008 $947 $1,004 $813 $733
2007 $899 $930 $662 $643
2006 $909 $928 $725 $716

Wenatchee 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 Wenatchee Washington was 6.84% according to Census ACS data.

Rental Vacancy Rate in Wenatchee Washington

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Washington 3.68% +0.45% -0.55%
Wenatchee, WA 6.84% -3.73%

Trends in Wenatchee, WA Rental Vacancy Rate

The rental vacancy rate in Wenatchee peaked in 2014 at 10.57%. Since then it has fallen by 3.73% to 6.84%. Data records for this series originated in 2005.

Rental Vacancy Rate: Wenatchee WA, Washington, US

Rental vacancy rate in Washington

Historical Rental Vacancy Rate data for Wenatchee

Date US Washington Wenatchee, WA
2017 6.18% 3.68% 6.84%
2016 5.89% 3.23%
2015 5.85% 3.27% 4.24%
2014 6.32% 4.23% 10.57%
2013 6.49% 4.65% 7.24%
2012 6.77% 5.30% 7.15%
2011 7.40% 5.59% 5.36%
2010 8.17% 5.80% 10.00%
2009 8.43% 5.98% 7.54%
2008 7.86% 5.09% 7.91%
2007 7.87% 4.83% 4.33%
2006 7.70% 6.14% 6.15%

Rent as a Fraction of Income

Using median household income data for Wenatchee, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wenatchee, median monthly gross rent as a fraction of median household income was 17.33% in 2017 according to the ACS.

Wenatchee 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%
Wenatchee, WA 17.33% -1.74% -0.39%

Trends in Wenatchee, WA Rent as a Fraction of Income

The fraction of median Wenatchee household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 19.07%. Since then it has fallen by 1.74% to 17.33%.

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

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

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

Date US Washington Wenatchee, WA
2017 20.13% 20.56% 17.33%
2016 20.43% 20.30% 19.07%
2015 20.63% 20.21% 16.96%
2014 20.89% 20.18% 17.72%
2013 20.78% 20.32% 18.38%
2012 20.65% 19.88% 18.87%
2011 20.70% 19.64% 18.00%
2010 20.50% 19.59% 17.91%
2009 20.12% 19.33% 16.52%
2008 19.00% 18.06% 18.17%
2007 18.66% 17.61% 16.05%
2006 18.90% 17.78% 15.41%

Renter Fraction in Wenatchee Washington

You can calculate the renter fraction in Wenatchee 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 Wenatchee as a fraction of total Wenatchee households. In 2017 36.86% of households were renters according to Census ACS data.

Wenatchee 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%
Wenatchee, WA 36.86% +4.52% +6.49%

Trends in the Wenatchee, WA Renter Fraction

At 36.86%, the 2017 household based renter fraction in Wenatchee was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Wenatchee WA, Washington, US

Fraction of renters in Wenatchee

History of Wenatchee Renter Fraction

Date US Washington Wenatchee, WA
2017 36.13% 37.21% 36.86%
2016 36.88% 37.53% 32.34%
2015 36.97% 37.58% 30.90%
2014 36.90% 38.25% 30.37%
2013 36.50% 38.06% 36.68%
2012 36.09% 37.67% 32.92%
2011 35.42% 37.18% 30.68%
2010 34.65% 36.90% 34.06%
2009 34.13% 35.70% 32.14%
2008 33.36% 34.72% 30.83%
2007 32.80% 33.93% 29.47%
2006 32.73% 34.46% 28.69%

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.