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Apartment Vacancy Rate Declined in Q4

Apartment Vacancy Rate Declined in Q4

Asking Rents up 11.9% Year-over-year

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jan 05, 2022
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Apartment Vacancy Rate Declined in Q4
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Reis reported that the apartment vacancy rate was at 4.7% in Q4 2021, down from 4.8% in Q3, and down from a pandemic peak of 5.4% in Q1 2021.

This graph shows the apartment vacancy rate starting in 1980. (Annual rate before 1999, quarterly starting in 1999).  Note: Reis is just for large cities.

Reis also reported the asking rents were up 2.8% in Q4 com…

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