Calculate vacancy rate for real estate investments and properties
Enter number of vacant units and total units. The calculator divides vacant by total and multiplies by 100 to show vacancy percentage.
A 100-unit building with 7 vacant units has a 7% vacancy rate (7 ÷ 100 × 100). Healthy markets typically have 5-8% vacancy.
5-8% for multifamily. Below 5% suggests you could raise rents. Above 10% indicates problems - pricing, property condition, or weak market.
Competitive pricing, faster turnovers, better marketing, tenant retention programs, property improvements, and addressing why tenants leave.
Always budget 5-8% minimum even if currently fully occupied. Allows for turnovers and ensures you don't overpay assuming 100% occupancy.