Rental Market

Track rental vacancy rates and rent price trends. A low vacancy rate indicates high demand and competitive rental market, while a high rate suggests more options for renters.

Data source: FRED — RRVRUSQ156N (Rental Vacancy Rate) & CUSR0000SEHA (Rent CPI)

Rental Vacancy Rate

7.20%

Renter's Market

1.4084507042253596%vs last period

Rent CPI Index

441.9

Consumer Price Index for Rents

0.1314343338205432%vs last period

Month-over-Month

+1.41%

0.10% change in vacancy

Rental Vacancy Rate Trend

Rent CPI Trend

Understanding Vacancy Rates

The rental vacancy rate measures the percentage of rental units that are vacant and available for rent. It's a key indicator of rental market conditions.

Below 5%: Tight market, high demand, rental competition
5% - 7%: Balanced market, reasonable options
Above 7%: Renter's market, more supply than demand

Rent CPI vs Direct Rents

The Rent CPI (Consumer Price Index for Rents) tracks changes in rental prices over time. It reflects inflation-adjusted rent changes across the U.S. rental market.

Note: This is an index value, not absolute rent prices. The CPI base period is typically set to 100 in a reference year, allowing comparison of price changes over time.