Alaska ranked 21st in nation with rental vacancy rate of 7% in 2020

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Alaska ranked 21st in the nation throughout 2020 with a rental vacancy rate of 7 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 2020

Rank State Rental Vacancy Rate
1 North Dakota 13.6%
1 Alabama 13.6%
3 Kansas 12.1%
4 South Carolina 9.7%
5 Wyoming 9.4%
6 Indiana 9.3%
7 South Dakota 9%
8 Iowa 8.9%
9 Texas 8.6%
9 Mississippi 8.6%
11 Oklahoma 8.4%
11 Arkansas 8.4%
13 District of Columbia 8.2%
14 Tennessee 8%
14 Louisiana 8%
16 Illinois 7.9%
17 Pennsylvania 7.5%
17 Hawaii 7.5%
19 Florida 7.3%
20 Georgia 7.1%
21 Alaska 7%
22 Missouri 6.7%
23 West Virginia 6.5%
23 Virginia 6.5%
23 New Mexico 6.5%
23 Nebraska 6.5%
27 Michigan 6.4%
28 Ohio 6.1%
28 Kentucky 6.1%
28 Delaware 6.1%
31 North Carolina 5.8%
32 Maryland 5.6%
32 Connecticut 5.6%
34 New York 5.5%
34 Arizona 5.5%
36 Utah 5.3%
37 Nevada 5.2%
38 Oregon 4.7%
39 Minnesota 4.6%
39 Massachusetts 4.6%
41 Montana 4.4%
41 Idaho 4.4%
43 Wisconsin 4.3%
44 Colorado 4%
44 California 4%
46 Washington 3.8%
47 Maine 3.5%
48 Vermont 3.3%
49 New Jersey 2.9%
50 Rhode Island 2.6%
51 New Hampshire 2.4%


Related

Home vacancies in Alaska down 0.5 percent in Q1

Alaska’s home vacancy rate was 1.3 percent in the first quarter of 2022, a decrease of 0.5 percent from the previous quarter, according to a U.S. Census Bureau report.

Alaska ranked 43rd in nation with rental vacancy rate of 4.2% in 2021

Alaska ranked 43rd in the nation throughout 2021 with a rental vacancy rate of 4.2 percent, according to the U.S. Census Bureau.

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Alaska ranked 24th in the nation in the third quarter with a rental vacancy rate of 6.2 percent, according to the U.S. Census Bureau.

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