vacancy rates

Empty unit proportions

Vacancy rates measure the proportion of unoccupied units in a given housing or commercial real estate market, expressed as a percentage: The downtown vacancy rate hit 15% after the pandemic.

Landlords, investors, and policymakers track vacancy rates to gauge market health—high rates suggest oversupply or weak demand, while low rates often signal rising rents.

The term appears in both residential and commercial contexts: office vacancy rates, apartment vacancy rates.

Opposites
occupancy status

vacancy ratesoccupancy rates

Measure of space utilization

capacity utilization · headcount

market conditions

vacancy rateshousing shortage

Lack of available dwellings

seller's market · housing crisis · supply shortage

Family

vacant, vacancy, vacate, rates

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G