Multifamily Update

Multifamily Update

November 2019

3.31%

Vacancy Rates - Third Quarter 2019

Each quarter, MGE publishes the rental vacancy rates by number, percentage and zip code. The vacancy rate for Q3 2019 is 3.31%. This is lower than the vacancy rate of Q2 2019 at 3.68%. It also is lower than the vacancy rate from Q3 2018 at 3.96%. This indicates that there are fewer units available now compared to the recent past, and fewer units than there were one year ago at this time.