5 US Cities with the Highest Rental Vacancy Rates

In this article, we are going to discuss the top 5 US cities with the highest rental vacancy rates. If you want to read our detailed analysis of the residential real estate industry, you can go to the 20 US Cities with the Highest Rental Vacancy Rates.

5. Toledo  

Rental Vacancy Rate: 12%

The Toledo metropolitan area, also known as Greater Toledo, ranks among the top 5 on our list of 20 US cities with the highest rental vacancy rate. Located near the Michigan border, it is centered around the city of Toledo, Ohio. Toledo has a rental vacancy rate of 12%.

4. Oklahoma City 

Rental Vacancy Rate: 12.5%

The Oklahoma City metropolitan area, also known as Oklahoma City Metro or Greater Oklahoma City, is an urban region in the Southern US. It is the largest metropolitan area in the US state of Oklahoma. Home to the state capital and principal city of Oklahoma City, it has a rental vacancy rate of 12.5%.

3. Albany-Schenectady-Troy 

Rental Vacancy Rate: 13.1%

Albany-Schenectady-Troy is a metropolitan area in the state of New York that ranks among the top 3 on our list of US cities with the highest rental vacancy rate. Also sometimes called the Capital District, it surrounds Albany, the capital city of the US state of New York. Albany-Schenectady-Troy has a rental vacancy rate of 13.1%.

2. Birmingham-Hoover  

Rental Vacancy Rate: 13.2%

Birmingham-Hoover, also known as Greater Birmingham, is a metropolitan statistical area in the US state of Alabama. While the largest city in Greater Birmingham is Birmingham, the principal city for this metropolitan area is Hoover. With a rental vacancy rate of 13.2%, Birmingham-Hoover ranks second on our list of US cities with the highest rental vacancy rate.

1. Little Rock-North Little Rock-Conway   

Rental Vacancy Rate: 16.3%

Little Rock-North Little Rock-Conway, also known as Central Arkansas or the Little Rock Metro, is the most populated metropolitan area in the US state of Arkansas. With a rental vacancy rate of 16.3%, it tops our list of the 20 US cities with the highest rental vacancy rate.

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