Idaho ranks 47th in the nation with rental vacancy rate of 3.8% in Q2


Idaho ranked 47th in the nation for Q2 with a rental vacancy rate of 3.8 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.

Rental Vacancy Rates by State in Q2

Rank
State
Rental Vacancy Rate
1
Alabama
13.3%
2
Kansas
12.4%
3
Oklahoma
12.2%
4
Tennessee
10.5%
4
Kentucky
10.5%
6
Arkansas
10.3%
7
Texas
9.6%
8
South Dakota
9.4%
8
South Carolina
9.4%
10
Georgia
9%
11
North Dakota
8.8%
11
New Mexico
8.8%
11
Louisiana
8.8%
14
Wyoming
8.3%
15
Hawaii
8.2%
16
Indiana
7.9%
16
Florida
7.9%
18
Maryland
7.8%
19
Missouri
7.6%
20
Virginia
7.5%
21
Arizona
7.3%
22
Michigan
7.1%
23
Illinois
7%
24
North Carolina
6.9%
24
Mississippi
6.9%
26
Pennsylvania
6.8%
27
Montana
6.4%
28
Alaska
6.3%
29
Connecticut
6%
30
Minnesota
5.9%
31
Nebraska
5.7%
32
Ohio
5.6%
33
New York
5.4%
34
District of Columbia
5.3%
35
Iowa
5.1%
36
West Virginia
5%
36
Oregon
5%
38
Wisconsin
4.9%
39
Vermont
4.7%
39
Nevada
4.7%
41
New Jersey
4.6%
41
California
4.6%
43
Delaware
4.5%
44
Utah
3.9%
44
Rhode Island
3.9%
44
Colorado
3.9%
47
Idaho
3.8%
48
Massachusetts
3.5%
49
New Hampshire
3.2%
50
Washington
3%
51
Maine
2.9%

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