Department of Numbers

Manitowoc County Wisconsin Residential Rent and Rental Statistics

The median monthly gross residential rent in Manitowoc County WI was $659 in 2017 according to the Census ACS survey.1 Average gross rent in Manitowoc County was $627 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 Manitowoc County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Manitowoc County Wisconsin (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Wisconsin Median Gross Rent $819 +0.61% +2.25%
Manitowoc County WI Median Gross Rent $659 -0.60% +12.07%

Manitowoc County WI Real Gross Rent Trends

Median gross rent for Manitowoc County peaked in real terms in 2016 at $663 and is now $4 (0.60%) lower. Average gross rent for Manitowoc County peaked in real terms in 2008 at $710 and is now $83 (11.69%) lower. From a recent low of 554.0 in 2010, real average gross rent has now increased by $73 (13.18%).

Real Gross Rent: Manitowoc County WI Median, Manitowoc County WI Average, Wisconsin Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Manitowoc County

Date US
Median
Wisconsin
Median
Manitowoc County WI
Median
Manitowoc County WI
Average
2017 $1,012 $819 $659 $627
2016 $996 $814 $663 $708
2015 $987 $815 $628 $634
2014 $956 $801 $588 $597
2013 $924 $774 $628 $606
2012 $912 $767 $633 $702
2011 $912 $774 $612 $602
2010 $927 $775 $578 $554
2009 $931 $783 $581 $581
2008 $947 $809 $649 $710
2007 $899 $767 $613 $619
2006 $909 $784 $604 $579

Manitowoc County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Manitowoc County Wisconsin was 4.73% according to Census ACS data.

Rental Vacancy Rate in Manitowoc County Wisconsin

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Wisconsin 5.20% +0.35% +0.56%
Manitowoc County WI

Trends in Manitowoc County WI Rental Vacancy Rate

The rental vacancy rate in Manitowoc County peaked in 2013 at 16.19%. Since then it has fallen by 11.46% to 4.73%. Data records for this series originated in 2005.

Rental Vacancy Rate: Manitowoc County WI, Wisconsin, US

Rental vacancy rate in Wisconsin

Historical Rental Vacancy Rate data for Manitowoc County

Date US Wisconsin Manitowoc County WI
2017 6.18% 5.20%
2016 5.89% 4.85%
2015 5.85% 4.67% 4.73%
2014 6.32% 4.64% 8.23%
2013 6.49% 5.22% 16.19%
2012 6.77% 5.48% 6.53%
2011 7.40% 5.17% 13.95%
2010 8.17% 6.16% 10.42%
2009 8.43% 5.86% 10.51%
2008 7.86% 6.26% 9.74%
2007 7.87% 6.83% 10.00%
2006 7.70% 7.18%

Rent as a Fraction of Income

Using median household income data for Manitowoc County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Manitowoc County, median monthly gross rent as a fraction of median household income was 14.43% in 2017 according to the ACS.

Manitowoc County Wisconsin Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Wisconsin 16.57% -0.37% -1.26%
Manitowoc County WI 14.43% -0.71% -0.83%

Trends in Manitowoc County WI Rent as a Fraction of Income

The fraction of median Manitowoc County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 16.00%. Since then it has fallen by 1.57% to 14.43%.

Fraction of Income towards Rent: Manitowoc County WI, Wisconsin, US

Percent of median household income going towards median monthly gross rent in Manitowoc County Wisconsin

Historical Data for Annual Rent as a Fraction of Income in Manitowoc County Wisconsin

Date US Wisconsin Manitowoc County WI
2017 20.13% 16.57% 14.43%
2016 20.43% 16.94% 15.14%
2015 20.63% 17.08% 14.55%
2014 20.89% 17.83% 15.26%
2013 20.78% 17.67% 15.64%
2012 20.65% 17.46% 16.00%
2011 20.70% 17.60% 14.52%
2010 20.50% 17.51% 13.52%
2009 20.12% 16.99% 13.13%
2008 19.00% 16.22% 13.63%
2007 18.66% 15.97% 13.63%
2006 18.90% 16.19% 12.97%

Renter Fraction in Manitowoc County Wisconsin

You can calculate the renter fraction in Manitowoc 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 Manitowoc County as a fraction of total Manitowoc County households. In 2017 24.27% of households were renters according to Census ACS data.

Manitowoc County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Wisconsin 33.39% +0.05% -0.01%
Manitowoc County WI 24.27% +0.12% -0.58%

Trends in the Manitowoc County WI Renter Fraction

The Manitowoc County household renter fraction peaked in in 2008 at 26.75% and is now 2.48% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Manitowoc County WI, Wisconsin, US

Fraction of renters in Manitowoc County

History of Manitowoc County Renter Fraction

Date US Wisconsin Manitowoc County WI
2017 36.13% 33.39% 24.27%
2016 36.88% 33.34% 24.15%
2015 36.97% 33.21% 24.92%
2014 36.90% 33.40% 24.85%
2013 36.50% 32.82% 23.95%
2012 36.09% 32.71% 26.17%
2011 35.42% 32.15% 21.42%
2010 34.65% 31.30% 23.08%
2009 34.13% 31.02% 21.53%
2008 33.36% 29.87% 26.75%
2007 32.80% 29.92% 23.84%
2006 32.73% 29.55% 21.10%

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.