Vacancy Rate Calculator
Enter vacant units and total units to find the vacancy rate.
Result
How to use
- Enter your values in the fields above.
- Press Calculate to see your result instantly.
- Use the Share button to copy a link to your result.
About this calculator
The vacancy rate measures the percentage of rentable units in a property or market that are unoccupied and not generating rental income at a given point in time, calculated as the number of vacant units divided by the total number of units, multiplied by 100. A related figure, economic vacancy rate, factors in lost rent from concessions and non-paying tenants rather than just physical occupancy.
Landlords and property managers track vacancy rate to gauge how well a building is performing against the local market average — a rate significantly above the market benchmark signals pricing, condition, or marketing problems — while real estate investors use it to estimate effective gross income by discounting potential rental income for expected vacancy and credit loss when underwriting a purchase.
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