Vacancy rate index of rental apartments in the U.S. 2025, by state

Published by Statista Research Department, Feb 6, 2025

South Dakota was the U.S. state with the highest vacancy rate index in January 2025. Conversely, New Jersey, New York, and Illinois had the lowest vacancy rate index during that period. All three states had an index value of under five percent. Overall, apartment vacancies in the U.S. have increased since 2021, due to the increase in new supply. 

Vacancy rate index of rental apartments in the United States as of January 2025, by state

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Source

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Release date

January 2025

Region

United States

Survey time period

January 2025

Supplementary notes

Details about the index methodology available here.

According to the source, the index is calculated based on data on apartments listed on the Apartment List platform and changes in availability. 

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