Multifamily Rental Vacancy Rates

The percentage of apartments in MGE's service area that appear to be vacant because the electric service is inactive or the service has been moved to the owner's name.*

First-Quarter 2014

Rental Vacancy Rates - Numeric Summary
Quarter 2014 2013 2012 2011 2010 2009 2008
4   2.05 2.07 2.16 2.94 3.74 3.24
3   2.70 2.44 2.57 3.70 4.55 3.45
2   2.73 3.21 3.54 4.72 4.40 4.33
1 2.25 1.88 2.00 2.85 3.73 3.23 4.15

 

Rental Vacancy Rates by ZIP Code
City ZIP Code Total
Rental
Units
Total
Vacant
Units
Percent
Vacant
Units
Cross Plains 53528 313 1 0.31
McFarland 53558 50 0 0.00
Middleton 53562 3,650 45 1.23
Oregon 53575 71 0 0.00
Waunakee 53597 382 11 2.87
Madison 53703 11,410 175 1.53
Madison 53704 8,246 149 1.80
Madison 53705 5,687 120 2.11
Madison/Fitchburg 53711 5,967 131 2.19
Madison 53713 6,509 277 4.25
Madison 53714 2,014 67 3.32
Madison 53715 2,807 96 3.42
Madison/Monona 53716 1,783 66 3.70
Madison 53717 1,090 12 1.10
Madison 53718 1,699 20 1.17
Madison 53719 1,391 45 3.23
Madison 53726 1,347 14 1.03
TOTAL - 54,416 1,229 2.25

 

Rental Vacancy Rates Archive
Year 1st Quarter 2nd Quarter 3rd Quarter 4th
Quarter
2013 2013 Q1 2013 Q2 2013 Q3 2013 Q4
2012 2012 Q1 2012 Q2 2012 Q3 2012 Q4
2011 2011 Q1 2011 Q2 2011 Q3 2011 Q4
2010 2010 Q1 2010 Q2 2010 Q3 2010 Q4
2009 2009 Q1 2009 Q2 2009 Q3 2009 Q4
2008 2008 Q1 2008 Q2 2008 Q3 2008 Q4
2007 2007 Q1 2007 Q2 2007 Q3 2007 Q4
2006 2006 Q1 2006 Q2 2006 Q3 2006 Q4
2005 2005 Q1 2005 Q2 2005 Q3 2005 Q4
2004 2004 Q1 2004 Q2 2004 Q3 2004 Q4
2003 2003 Q1 2003 Q2 2003 Q3 2003 Q4

* MGE assumes an apartment building is vacant if electric service is inactive or if the service has been moved into the building owner's name. This data should be used for educational or informational purposes only. If you have questions, please contact mge@mge.com.

Copyright © 2014 Madison Gas and Electric Company