Spring 2015  

Vacancy rate up slightly

Every quarter, MGE publishes the rental vacancy rates by number, percentage and zip code. The vacancy rate was 2.33 for the first quarter of 2015 compared to 2.25 for the first quarter of 2014. The fourth quarter of 2014 was calculated at 2.39.

The vacancy rate is the percentage of apartment buildings in MGE's service area that appear to be vacant because the gas and electric service is inactive or the service has been moved to the owner's name.

MGE assumes an apartment building is vacant if both gas and electric services are 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.