Apartment vacancy rate
Outcome: Provide sufficient affordable housing for all King County residents
About this indicator
This indicator reports apartment vacancy rates for neighborhoods in King County, and analyzes the trend in vacancy countywide. Rental vacancy rates are influenced by the availability of housing stock and measure the capacity to accommodate household demand.
A vacancy rate of five percent is generally regarded as a normal market rate. Lower vacancy rates suggest high demand for units and upward pressure on rents while higher vacancy rates suggest excess capacity and downward pressure on rents.
- Vacancy rate in King County: 6.8% (Spring 2009)
Tables and graphs
- Graph: Vacancy rate in King County neighborhoods (Spring 2009)
- Table: Vacancy rate in King County neighborhoods (Spring 2009)
Last updated April 2010
Vacancy rate data provided by Dupre + Scott Advisors, Inc.