Vacancy Rate Calculator
Single Property Vacancy
Calculate vacancy rate and income loss for a single property
$
days
$
Portfolio Vacancy Rate
Calculate vacancy rate for multiple units
$
Formula
Vacancy Rate = (Vacant Days / 365) × 100 | Portfolio Vacancy = (Vacant Units / Total Units) × 100 | Vacancy Loss = Monthly Rent × 12 × (Vacancy Rate / 100)
Frequently Asked Questions
What is vacancy rate?
Vacancy rate is the percentage of time (or units) that are unoccupied. For a single property: Vacancy Rate = (Vacant Days / 365) × 100. For a portfolio: Vacancy Rate = (Vacant Units / Total Units) × 100. Lower is better.
What is a normal vacancy rate?
National average residential vacancy rates are typically 5-8%. Strong rental markets may have 2-4% vacancy, while weaker markets can see 10-15%+. For investment analysis, most investors assume 5-10% vacancy to be conservative.
How do I reduce vacancy?
Reduce vacancy by: pricing rent competitively, maintaining the property well, responding quickly to maintenance requests, screening tenants thoroughly, offering lease renewal incentives, marketing vacancies early, and building good tenant relationships.
You may also need
$
Rental Income Calculator
Free rental income calculator. Estimate monthly and annual rental income, net operating income, and cash flow from your investment property.
Finance$
Net Operating Income (NOI) Calculator
Free NOI calculator. Calculate net operating income for investment properties by subtracting operating expenses from gross rental income.
Finance$
Cap Rate Calculator
Free cap rate calculator. Calculate the capitalization rate for real estate investments to compare property returns and estimate property value.
Finance