I previously discussed rental vacancy rates for some major cities.
Today we'll look at state wide level data. This information is from the Census Housing Vacancy Survey data. Direct link to the XLS sheet.
You can not assume that the vacancy rate for your state applies to your city. Individual cities will vary. If your city is in the top 75 metropolitan areas then you can get the rental vacancy rate for your city from the census site. But if your city is not in that list then you could use the state level data as a rough guess. Individual cities are probably relatively close to the state average at least within 2% give or take.
Here is the latest state level data specifically for the Fourth quarter of 2011 :
| State | Vacancy % |
| Alabama | 11.9 |
| Alaska | 6.1 |
| Arizona | 11.5 |
| Arkansas | 14.3 |
| California | 5.9 |
| Colorado | 6.3 |
| Connecticut | 10.2 |
| Delaware | 10.4 |
| District of Columbia | 8.2 |
| Florida | 15.2 |
| Georgia | 10.3 |
| Hawaii | 10.8 |
| Idaho | 7.9 |
| Illinois | 11.1 |
| Indiana | 11 |
| Iowa | 7 |
| Kansas | 6.5 |
| Kentucky | 11 |
| Louisiana | 12.2 |
| Maine | 6 |
| Maryland | 13 |
| Massachusetts | 6.2 |
| Michigan | 12.2 |
| Minnesota | 6.8 |
| Mississippi | 17.5 |
| Missouri | 10.9 |
| Montana | 4.6 |
| Nebraska | 9.2 |
| Nevada | 11.1 |
| New Hampshire | 8.2 |
| New Jersey | 10.8 |
| New Mexico | 5.2 |
| New York | 6.3 |
| North Carolina | 10.7 |
| North Dakota | 9.2 |
| Ohio | 9.5 |
| Oklahoma | 10.1 |
| Oregon | 4.5 |
| Pennsylvania | 9.7 |
| Rhode Island | 6 |
| South Carolina | 10.5 |
| South Dakota | 10 |
| Tennessee | 12.4 |
| Texas | 11.3 |
| Utah | 5.9 |
| Vermont | 2.8 |
| Virginia | 10.3 |
| Washington | 5.8 |
| West Virginia | 6.1 |
| Wisconsin | 6.4 |
| Wyoming | 4.5 |
As you can see theres a pretty wide range of rental vacancy rates from state to state.
The 5 highest rates are :
| Mississippi | 17.5 |
| Florida | 15.2 |
| Arkansas | 14.3 |
| Maryland | 13 |
| Tennessee | 12.4 |
The 5 lowest rates are :
| Vermont | 2.8 |
| Oregon | 4.5 |
| Wyoming | 4.5 |
| Montana | 4.6 |
| New Mexico | 5.2 |
So the high is 17.5% in Mississippi and the low is 2.8% in Vermont. The median value is 9.7%.
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