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Vacancy Rate

What is the 'Vacancy Rate'

The vacancy rate is the percentage of all available units in a rental property, such as a hotel or apartment complex, that are vacant or unoccupied at a particular time. It is the opposite of the occupancy rate, which is the percentage of units in a rental property that are occupied. High vacancy rates indicate that the property is not renting well; low vacancy rates point to strong rental sales. Next Up Effective Gross Income - EGI Real Estate Investment Group Gross Income Multiplier Occupancy Rate

Explaining 'Vacancy Rate'

The vacancy rate can also apply to the number of open positions a company currently has in comparison to the total number of positions available throughout the company. When related to other employment metrics, such as turnover or employee longevity, a vacancy rate can provide indications as to how successful the company is at advertising open positions and retaining current employees.

Analysis of Vacancy Rates

A property owner can use vacancy rates as a metric for analysis. Changes in the percentage of vacant units versus occupied units, the length of time occupied units are remaining active, or other rental conditions can provide guidance regarding how competitive a property owner has set the property. If a property owner is charging significantly more or less than the rest of the rental market, this may be reflected in the overall vacancy rates. It can also provide information regarding the effects of price changes or advertising on unit occupancy.


Further Reading


Rental housing markets, the incidence and duration of vacancy, and the natural vacancy rate
www.sciencedirect.com [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

An estimation of housing vacancy rate using NPP-VIIRS night-time light data and OpenStreetMap dataAn estimation of housing vacancy rate using NPP-VIIRS night-time light data and OpenStreetMap data
www.tandfonline.com [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

Explaining the vacancy rate-rent paradox of the 1980sExplaining the vacancy rate-rent paradox of the 1980s
aresjournals.org [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

Housing finance reform in Mexico: The impact of housing vacancy on property crimeHousing finance reform in Mexico: The impact of housing vacancy on property crime
www.tandfonline.com [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

The price-adjustment process for rental housing and the natural vacancy rateThe price-adjustment process for rental housing and the natural vacancy rate
www.jstor.org [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

On Vacant Space and Housing Vacancy Rate <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-ZNZX200704017.htm' />On Vacant Space and Housing Vacancy Rate [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-ZNZX200704017.htm'>PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

Atypicality and the natural vacancy rate hypothesisAtypicality and the natural vacancy rate hypothesis
onlinelibrary.wiley.com [PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …

The analysis and judgment of the all vacancy rate of commercial housing in China <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-CSWT200403018.htm' />The analysis and judgment of the all vacancy rate of commercial housing in China [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-CSWT200403018.htm'>PDF]
… Housing Vacancies and Homeownership, Annual Statistics: 1993, Current Housing Ž … The decomposition of the vacancy rate into its incidence and duration components can be illustrated as follows … during a given period, say, one year, that the ith apartment is vacant for rent …


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