The U.S. government is reporting that the national vacancy rates for Q4, 2023 were 6.6% for rental housing and 0.9% for homeowner housing. The national homeownership rate for Q4 2023 was 65.7%. In addition, approximately 89.9% of the housing units in the United States in Q4 were occupied and 10.1% were vacant. Owner-occupied housing units made up 59.1% of total housing units, while renter-occupied units made up 30.8% of the inventory. Vacant year-round units comprised 7.7% of total housing units, while 2.5% were vacant for seasonal use.
Click here to read the full release at the U.S. Census Bureau.