Fall 2015  

Vacancy rate down slightly

Every quarter, MGE publishes the rental vacancy rates by number, percentage and zip code. The vacancy rate was 3.05 for the third quarter of 2015 compared to 3.43 for the second quarter of 2015, indicating that there are fewer units available now compared to the previous quarter of 2015.

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.