Georgia ranks 26th in the nation with rental vacancy rate of 7.1% in 2018


Georgia ranked 26th in the nation for 2018 with a rental vacancy rate of 7.1 percent, according to the U.S. Census Bureau.

Vacancy rates are part of the index of leading economic indicators and are used by economic forecasters and the federal government to gauge the current economic climate.

The rental vacancy rate is the proportion of the homeowner inventory that is vacant for rent at the time of the survey.

The bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies, as well as certain characteristics about housing unit, such as age of household members, family status, race/ethnicity and median family income.

The overall rental vacancy rate in the U.S. was 6.9 percent in 2018, a 4.2 percent decrease from 2017.

Rental Vacancy Rates by State in 2018

Rank
State
Rental Vacancy Rate
1
North Dakota
14.3%
2
Alabama
13.2%
3
Wyoming
13%
4
Oklahoma
11.6%
5
Alaska
11.1%
6
South Carolina
11%
7
Kansas
10.5%
8
Louisiana
10.1%
9
Missouri
10%
10
Arkansas
9.9%
11
Mississippi
9.7%
12
New Mexico
9.1%
13
Maryland
9%
13
Indiana
9%
15
Texas
8.9%
16
Tennessee
8.6%
17
Hawaii
8.5%
18
Florida
8.2%
19
District of Columbia
7.9%
20
West Virginia
7.4%
20
Michigan
7.4%
20
Iowa
7.4%
20
Illinois
7.4%
24
South Dakota
7.3%
24
Nebraska
7.3%
26
Ohio
7.1%
26
North Carolina
7.1%
26
Georgia
7.1%
26
Delaware
7.1%
30
Pennsylvania
6.7%
31
Virginia
6.5%
32
Nevada
6.2%
32
Kentucky
6.2%
34
Connecticut
6.1%
35
Arizona
6%
36
Montana
5.9%
37
Idaho
5.5%
38
Utah
5.4%
39
New York
5.2%
40
Washington
5.1%
41
New Jersey
5%
41
Minnesota
5%
43
Wisconsin
4.6%
43
Oregon
4.6%
45
Maine
4.4%
45
California
4.4%
47
Vermont
4.2%
47
Massachusetts
4.2%
49
New Hampshire
3.7%
50
Colorado
3.4%
51
Rhode Island
3.2%

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