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Rental Vacancy Rates: 1996 through 2005

The overall rental unit vacancy rate for 2005 in the United States was 9.8%, down from 10.2% in 2004.

The following table contains vacancy rate by selected unit characteristics

Unit Characteristic 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
All units 7.8% 7.7% 7.9% 8.1% 8.0% 8.4% 8.9% 9.8% 10.2% 9.8%
1 unit in structure 5.5% 5.8% 6.3% 7.2% 7.0% 7.9% 8.0% 8.4% 9.3% 9.9%
2 to 4 units in structure 8.6% 8.6% 8.2% 8.4% 7.7% 7.4% 8.1% 9.4% 9.6% 9.2%
5 units or more in structure 9.6% 9.1% 9.4% 8.9% 9.2% 9.6% 10.4% 11.4% 11.5% 10.4%

The following table contains rental vacancy rates by unit location

Location 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
United States 7.8% 7.7% 7.9% 8.1% 8.0% 8.4% 8.9% 9.8% 10.2% 9.8%
Inside Metropolitan Area 7.5% 7.7% 7.7% 7.8% 7.7% 8.0% 8.7% 9.6% 10.2% 9.7%
  Inside Central City 8.2% 8.1% 8.2% 8.4% 8.2% 8.6% 9.2% 10.0% 10.8% 10.0%
  Not in Central City (Suburbs) 7.0% 6.9% 7.1% 7.2% 7.2% 7.4% 8.2% 9.2% 9.5% 9.4%
Outside Metropolitan Area 8.8% 8.7% 9.2% 9.6% 9.5% 10.4% 10.2% 10.6% 10.2% 10.5%
Northeast Region 7.4% 6.7% 6.7% 6.3% 5.6% 5.3% 5.8% 6.6% 7.3% 6.5%
Midwest Region 7.9% 8.0% 7.9% 8.6% 8.8% 9.7% 10.1% 10.8% 12.2% 12.6%
South Region 8.6% 9.1% 9.6% 10.3% 10.5% 11.1% 11.6% 12.5% 12.6% 11.8%
West Region 7.2% 6.6% 6.7% 6.2% 5.8% 6.2% 6.9% 7.7% 7.5% 7.3%

Maps illustrating total rental vacancy by state are as follows:

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Last Updated:
5-9-2006

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