Multifamily Update

Multifamily Update

January 2020

3.00%

Vacancy Rates

Each quarter, MGE publishes the rental vacancy rates by number, percentage and zip code. The vacancy rate for Q4 2019 is 3.00%. This is lower than the vacancy rate of Q3 2019 at 3.31%. It also is even with the vacancy rate from Q4 2018 at 3.00%. This indicates that there are fewer units available now compared to the recent past and is very close to the same number of units that were available one year ago at this time.