Department of Numbers

Sheboygan Wisconsin Residential Rent and Rental Statistics

The median monthly gross residential rent in Sheboygan, WI (the Sheboygan metro area) was $646 in 2016 according to the Census ACS survey.1 Average gross rent in Sheboygan was $658 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 Sheboygan median and average rent data will be released in September of 2018.

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

Show dollars as: Nominal Real

Real Gross Rent in Sheboygan Wisconsin (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Wisconsin Median Gross Rent $802 0.00% +5.25%
Sheboygan, WI Median Gross Rent $646 -7.32% -0.31%

Sheboygan, WI Real Gross Rent Trends

Median gross rent for Sheboygan peaked in real terms in 2008 at $715 and is now $69 (9.65%) lower. Average gross rent for Sheboygan peaked in real terms in 2008 at $705 and is now $47 (6.67%) lower. From a recent low of 618.0 in 2013, real average gross rent has now increased by $40 (6.47%).

Real Gross Rent in Sheboygan: Sheboygan WI Median, Sheboygan WI Average, Wisconsin Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Sheboygan

Date US
Median
Wisconsin
Median
Sheboygan, WI
Median
Sheboygan, WI
Average
2016 $981 $802 $646 $658
2015 $972 $802 $697 $664
2014 $942 $788 $670 $698
2013 $910 $762 $648 $618
2012 $898 $755 $646 $682
2011 $898 $762 $648 $680
2010 $912 $763 $676 $652
2009 $916 $771 $693 $698
2008 $932 $796 $715 $705
2007 $885 $755 $641 $664
2006 $895 $772 $661 $679
2005 $869 $768 $690 $673

Sheboygan 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 Sheboygan Wisconsin was 3.14% according to Census ACS data.

Rental Vacancy Rate in Sheboygan Wisconsin

2016 1 Year Change 3 Year Change
US 5.89% +0.04% -0.60%
Wisconsin 4.85% +0.18% -0.37%
Sheboygan, WI

Trends in Sheboygan, WI Rental Vacancy Rate

The rental vacancy rate in Sheboygan peaked in 2010 at 11.65%. Since then it has fallen by 8.51% to 3.14%. Data records for this series originated in 2005. From a 2014 post peak low of 2.77%, the rental vacancy rate has increased by 0.37%.

Rental Vacancy Rate: Sheboygan WI, Wisconsin, US

Rental vacancy rate in Wisconsin

Historical Rental Vacancy Rate data for Sheboygan

Date US Wisconsin Sheboygan, WI
2016 5.89% 4.85%
2015 5.85% 4.67% 3.14%
2014 6.32% 4.64% 2.77%
2013 6.49% 5.22%
2012 6.77% 5.48% 6.97%
2011 7.40% 5.17% 5.66%
2010 8.17% 6.16% 11.65%
2009 8.43% 5.86% 9.59%
2008 7.86% 6.26% 7.71%
2007 7.87% 6.83% 7.29%
2006 7.70% 7.18%
2005 7.74% 6.49% 7.03%

Rent as a Fraction of Income

Using median household income data for Sheboygan, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sheboygan, median monthly gross rent as a fraction of median household income was 14.34% in 2016 according to the ACS.

Sheboygan Wisconsin Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Wisconsin 16.94% -0.14% -0.73%
Sheboygan, WI 14.34% -0.13% -0.91%

Trends in Sheboygan, WI Rent as a Fraction of Income

The fraction of median Sheboygan household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 15.36%. Since then it has fallen by 1.02% to 14.34%.

Fraction of Income towards Rent: Sheboygan WI, Wisconsin, US

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

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

Date US Wisconsin Sheboygan, WI
2016 20.43% 16.94% 14.34%
2015 20.63% 17.08% 14.47%
2014 20.89% 17.83% 14.77%
2013 20.78% 17.67% 15.25%
2012 20.65% 17.46% 14.71%
2011 20.70% 17.60% 14.80%
2010 20.50% 17.51% 15.36%
2009 20.12% 16.99% 14.64%
2008 19.00% 16.22% 14.62%
2007 18.66% 15.97% 13.16%
2006 18.90% 16.19% 14.59%
2005 18.89% 16.38% 13.59%

Renter Fraction in Sheboygan Wisconsin

You can calculate the renter fraction in Sheboygan 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 Sheboygan as a fraction of total Sheboygan households. In 2016 30.70% of households were renters according to Census ACS data.

Sheboygan Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Wisconsin 33.34% +0.13% +0.52%
Sheboygan, WI 30.70% +0.39% +1.70%

Trends in the Sheboygan, WI Renter Fraction

At 30.70%, the 2016 household based renter fraction in Sheboygan was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Sheboygan WI, Wisconsin, US

Fraction of renters in Sheboygan

History of Sheboygan Renter Fraction

Date US Wisconsin Sheboygan, WI
2016 36.88% 33.34% 30.70%
2015 36.97% 33.21% 30.31%
2014 36.90% 33.40% 29.20%
2013 36.50% 32.82% 29.00%
2012 36.09% 32.71% 29.74%
2011 35.42% 32.15% 28.73%
2010 34.65% 31.30% 27.88%
2009 34.13% 31.02% 26.30%
2008 33.36% 29.87% 26.97%
2007 32.80% 29.92% 28.47%
2006 32.73% 29.55% 29.35%
2005 33.10% 29.88% 24.80%

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.