Multifamily Update

Multifamily Update

April 2018

3.20%

Current Vacancy Rate

Each quarter, MGE publishes the rental vacancy rates by number, percentage and ZIP code. The vacancy rate for Q1 2018 is 3.20%. This is slightly higher than the vacancy rate of Q4 2017, and is also higher than the vacancy rate from Q1 2017. This indicates that there are more units available now compared to the recent past.