vacancy rate
Unoccupied property proportion
Vacancy rate is the percentage of available units that are unoccupied at a given time, used primarily in real estate: The apartment complex has a vacancy rate of eight percent.
A low vacancy rate indicates high demand; a high rate suggests oversupply or declining desirability.
The metric applies to rental housing, office buildings, hotels, and commercial properties.
- occupancyState of inhabiting space
- emptyHolding nothing inside
- rentalPaid temporary use
- apartmentRented unit in building
- apartment huntingSeeking rental housing
housing · tenant · landlord · rent control · lease · for lease · available · unoccupied · turnover · high turnover · property · property management · real estate · commercial · office space · for rent · listing · market
vacancy ratehousing shortage
Lack of available dwellings
seller's market · market saturation · undersupply · no vacancy
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