Quantcast

Ocean State Today

Monday, November 25, 2024

Rhode Island ranked 50th in nation with rental vacancy rate of 2.8% in 2021

Realestate1

Rhode Island ranked 50th in the nation throughout 2021 with a rental vacancy rate of 2.8 percent, according to the U.S. Census Bureau.

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

Vacancy rates are a leading economic indicator used by economic forecasters and the federal government to gauge the current economic climate.

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 units, such as the age of household members, family status, race/ethnicity and median family income.

Rental Vacancy Rates by State in 2021

RankStateRental Vacancy Rate
1North Dakota13.3%
2Alabama11.7%
3District of Columbia9.8%
4Mississippi9.2%
5Kansas8.8%
6South Dakota8.7%
7Missouri8.6%
8Texas8.4%
8Indiana8.4%
10Illinois8.2%
11Wyoming8%
11South Carolina8%
13Oklahoma7.7%
13Louisiana7.7%
15Arkansas7.5%
16Tennessee7.3%
16Iowa7.3%
16Hawaii7.3%
19New Mexico6.9%
20Minnesota6.6%
21West Virginia6.5%
21Florida6.5%
23Pennsylvania6.3%
24Kentucky6.2%
25Georgia6%
26New York5.9%
27Ohio5.8%
28Nebraska5.7%
28Michigan5.7%
30Virginia5.4%
31North Carolina5.3%
32Connecticut5.1%
33Maryland5%
34Arizona4.8%
35Wisconsin4.7%
36Nevada4.6%
37Washington4.5%
37Oregon4.5%
37Colorado4.5%
40Utah4.4%
40Idaho4.4%
42California4.3%
43Massachusetts4.2%
43Alaska4.2%
45Montana4.1%
45Maine4.1%
47Delaware3.8%
48New Jersey3.6%
49New Hampshire3.5%
50Rhode Island2.8%
51Vermont2.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS