Vacancy Rate Calculator
Calculate the vacancy rate and occupancy rate for a rental property or portfolio based on total units and vacant units.
How to Use the Vacancy Rate Calculator
- Enter the total number of units.
- Enter the number of vacant units.
- Click Calculate to see vacancy rate and occupancy rate.
Casos de Uso
- •Monitoring property portfolio occupancy performance.
- •Comparing vacancy rates across properties.
- •Setting rent pricing based on vacancy benchmarks.
- •Reporting vacancy metrics to property investors.
Fórmula
Vacancy rate = vacant units / total units × 100%. Occupancy rate = 100% − vacancy rate.
Preguntas Frecuentes
What is a good vacancy rate?
A vacancy rate below 5% is generally considered healthy for residential rentals. Commercial properties may have higher acceptable rates.
How does vacancy affect NOI?
Higher vacancy directly reduces effective gross income and NOI. A 10% vacancy on $100,000 gross rent means $10,000 less income.
How can I reduce vacancy rate?
Competitive pricing, good property maintenance, responsive management, and targeted marketing help reduce vacancy rates.