What is the rental vacancy rate in Troy, AL?

The rental vacancy rate in Troy, AL is 13.8% (±4.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.6% (±1.8 points).

1,870 (±338) homes, 22.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Troy, the rental vacancy rate went from 17.7% in 2015–2019 to 13.8% in 2020–2024 (−3.9 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
13.8% (±4.8 points)
Homeowner vacancy rate
1.6% (±1.8 points)
Vacant homes
1,870 (±338)

Vacancy in Troy against Pike County, its state and the nation

Estimate (90% margin of error)
TroyPike CountyAlabamaUnited States
Rental vacancy rate13.8% (±4.8 points)14.7% (±3.9 points)7.2% (±0.3 points)5.5%
Homeowner vacancy rate1.6% (±1.8 points)1.1% (±0.8 points)1.1% (±0.1 points)0.9%
Vacant housing units1,870 (±338)3,754 (±450)340,018 (±6,268)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Troy, the rental vacancy rate is not measurably different from Pike County (14.7%).

It is also higher than in Alabama (7.2%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Troy

Nearest places with a published estimate, compared with Troy
PlaceDistanceRental vacancy rateCompared with this place
Troy—13.8% (±4.8 points)—
Banks7.7 mi16.7% (±21.9 points)Not measurably different
Brundidge11 mi23.3% (±13.7 points)Not measurably different
Goshen11 mi11.1% (±20.2 points)Not measurably different
Petrey14 mi0.0% (±87.9 points)Not measurably different
Glenwood15 mi0.0% (±71.8 points)Not measurably different
Luverne19 mi10.1% (±9.5 points)Not measurably different
Rutledge20 mi26.7% (±32.0 points)Not measurably different
Ariton21 mi0.0% (±45.2 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Pike County, place by place

RankPlaceRental vacancy rate
1Brundidge23.3% (±13.7 points)
2Banks16.7% (±21.9 points)
3Troy13.8% (±4.8 points)
4Goshen11.1% (±20.2 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Troy

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Troy, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Troy beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Troy, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Troy

Is it hard to find a rental in Troy?

The rental vacancy rate in Troy, AL is 13.8% (±4.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Troy tighter than it was?

In Troy, the rental vacancy rate went from 17.7% in 2015–2019 to 13.8% in 2020–2024 (−3.9 percentage points), not a measurable change.

How many homes are vacant in Troy?

An estimated 1,870 (±338) housing units, 22.6% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Troy city, Alabama (place:76920, in state:01).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related