Multifamily Update

Multifamily Update

August 2019

3.68%

Vacancy Rates - Second Quarter 2019

Each quarter, MGE publishes the rental vacancy rates by number, percentage and zip code. The vacancy rate for Q2 2019 is 3.68%. This is higher than the vacancy rate of Q1 2019 at 3.15%. It is also lower than the vacancy rate from Q2 2018 at 4.78%. This indicates that there are slightly more units available now than compared to the last quarter, and less than there were one year ago at this time.