5 US Cities with the Lowest Rental Vacancy Rates

4. Fresno

Rental Vacancy Rate: 2.4

The largest city in the Central Valley region of California, Fresno is a central city in the San Joaquin Valley. The city of Fresno and the Fresno county as a whole is a major economic hub due to its Central Pacific Railroad as well as the large-scale agricultural production that takes place in the region. With a population of over 5 million people, Fresno is the fifth most populous city in California and has a low rental vacancy rate of 2.4.