March 5, 2013

Rental Vacancy Rates for Q4 2012

I got the most recent rental vacancy rates for major metro areas at the Census site.

Among all the metropolitan areas listed the median is 7.8%.

First the markets with the lowest and highest vacancy rates :

Lowest 5 :

Bridgeport-Stamford-Norwalk, CT 2.2
San Jose-Sunnyvale-Santa Clara, CA 2.8
Oxnard-Thousand Oaks-Ventura, CA 3.5
San Francisco-Oakland-Fremont, CA 3.5
Toledo, OH 3.6

Highest 5 :
Dayton, OH 18.8
Milwaukee-Waukesha-West Allis, WI 17.0
Richmond, VA 15.4
Las Vegas-Paradise, NV 15.3
Orlando, FL 15.0

Here is the full list for Q4 of 2012 :


Metropolitan Statistical Area
Akron, OH  9.8
Albany-Schenectady-Troy, NY  6.2
Alburquerque, NM 7.1
Allentown-Bethlehem-Easton, PA-NJ 9.3
Atlanta-Sandy Springs-Marietta, GA 12.8
Austin-Round Rock, TX 13.1
Bakersfield, CA 5.0
Baltimore-Towson, MD 7.5
Baton Rouge, lA 6.5
Birmingham-Hoover, AL 12.2
Boston-Cambridge-Quincy, MA-NH 7.2
Bridgeport-Stamford-Norwalk, CT 2.2
Buffalo-Cheektowaga-Tonawanda, NY 10.3
Charlotte-Gastonia-Concord, NC-SC 6.3
Chicago-Naperville-Joliet, IL 9.8
Cincinnati-Middletown, OH-KY-IN 9.0
Cleveland-Elyria-Mentor, OH 10.7
Columbia, SC 7.8
Columbus, OH 6.5
Dallas-Ft. Worth-Arlington, TX 11.3
Dayton, OH 18.8
Denver-Aurora, CO 4.7
Detroit-Warren-Livonia, MI 10.4
El Paso, TX 9.5
Fresno, CA 8.8
Grand Rapids-Wyoming, MI 6.4
Greensboro-High Point, NC 8.4
Hartford-West Hartford-East Hartford, CT 9.6
Honolulu, HI 4.0
Houston-Baytown-Sugar Land, TX 10.1
Indianapolis, IN 11.2
Jacksonville, FL 9.7
Kansas City, MO-KS 10.8
Las Vegas-Paradise, NV 15.3
Los Angeles-Long Beach-Santa Ana, CA  5.2
Louisville, KY-IN 10.1
Memphis, TN-AR-MS 14.8
Miami-Fort Lauderdale-Miami Beach, FL 7.3
Milwaukee-Waukesha-West Allis, WI 17.0
Minneapolis-St. Paul-Bloomington, MN-WI  6.3
Nashville-Davidson-Murfreesboro, TN 5.1
New Haven-Milford, CT 9.9
New Orleans-Metairie-Kenner, LA 12.8
New York-Northern New Jersey--Long Island, NY 5.9
Oklahoma City, OK 13.1
Omaha-Council Bluffs, NE-IA 9.9
Orlando, FL 15.0
Oxnard-Thousand Oaks-Ventura, CA 3.5
Philadelphia-Camden-Wilmington, PA 13.5
Phoenix-Mesa-Scottsdale, AZ 11.0
Pittsburgh, PA 5.4
Portland-Vancouver-Beaverton, OR-WA 5.2
Poughkeepsie-Newburgh-Middletown, NJ 5.0
Providence-New Bedford-Fall River RI-MA 6.9
Raleigh-Cary, NC 7.9
Richmond, VA 15.4
Riverside-San Bernardino-Ontario, CA 7.0
Rochester, NY 4.4
Sacramento-Arden-Arcade-Roseville, CA 7.5
St. Louis, MO-IL 12.2
Salt Lake City, UT 5.6
San Antonio, TX  7.5
San Diego-Carlsbad-San Marcos 6.4
San Francisco-Oakland-Fremont, CA 3.5
San Jose-Sunnyvale-Santa Clara, CA 2.8
Seattle-Tacoma-Bellevue, WA 7.7
Springfield, MA. 5.2
Syracuse, NY 9.4
Tampa-St. Petersburg-Clearwater, FL 12.1
Toledo, OH 3.6
Tucson, AZ 14.7
Tulsa, OK 7.0
Virginia Beach-Norfolk-Newport News, VA 3.7
Washington-Arlington-Alexandria, DC-VA-MD-WV 7.8
Worcester, MA 5.7
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