: Occurs during standard tenant turnover at the end of a lease.
: Common in vacation rentals occupied only during specific months. Vacancy
: The percentage of available units in a rental property that are unoccupied at a given time. It is calculated to assess demand; low rates indicate high demand, while high rates can signal market saturation or property issues. : Occurs during standard tenant turnover at the
: Caused by physical damage or necessary repairs that prevent the unit from being rented. It is calculated to assess demand; low rates
: A broader measure that includes units not collecting rent, such as model units, manager quarters, or unrentable units undergoing repairs. Common Types of Vacancy :
Vacancy Rate Definition and How to Calculate It - Investopedia
: Owners often use pricing adjustments , move-in incentives (e.g., waived application fees), and effective marketing to reduce vacancy periods. 2. Employment Vacancy