What is the rental vacancy rate in Homer, AK?
The rental vacancy rate in Homer, AK is 7.7% (±2.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.6% (±0.5 points).
519 (±62) homes, 16.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Homer, the rental vacancy rate went from 12.7% in 2015–2019 to 7.7% in 2020–2024 (−5.0 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 7.7% (±2.5 points)
- Homeowner vacancy rate
- 0.6% (±0.5 points)
- Vacant homes
- 519 (±62)
Vacancy in Homer against Kenai Peninsula Borough, its state and the nation
| Homer | Kenai Peninsula Borough | Alaska | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.7% (±2.5 points) | 6.9% (±2.1 points) | 7.0% (±0.7 points) | 5.5% |
| Homeowner vacancy rate | 0.6% (±0.5 points) | 0.8% (±0.3 points) | 0.9% (±0.2 points) | 0.9% |
| Vacant housing units | 519 (±62) | 8,465 (±397) | 57,958 (±1,324) | 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 Homer, the rental vacancy rate is not measurably different from Kenai Peninsula Borough (6.9%).
It is not measurably different from Alaska (7.0%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Homer
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Homer | — | 7.7% (±2.5 points) | — |
| Kachemak | 3.3 mi | 7.9% (±7.0 points) | Not measurably different |
| Diamond Ridge | 4.1 mi | 10.7% (±10.9 points) | Not measurably different |
| Anchor Point | 9.4 mi | 0.0% (±11.7 points) | Not measurably different |
| Fritz Creek | 10 mi | 5.3% (±5.5 points) | Not measurably different |
| Seldovia | 16 mi | 16.7% (±21.5 points) | Not measurably different |
| Cohoe | 43 mi | 3.4% (±6.5 points) | Not measurably different |
| Kalifornsky | 57 mi | 2.4% (±3.9 points) | Lower |
| Soldotna | 60 mi | 7.0% (±6.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Kalifornsky, AK (2.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Kenai Peninsula Borough, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Seward | 23.2% (±16.4 points) |
| 2 | Funny River | 22.5% (±38.4 points) |
| 3 | Seldovia | 16.7% (±21.5 points) |
| 4 | Diamond Ridge | 10.7% (±10.9 points) |
| 5 | Kachemak | 7.9% (±7.0 points) |
| 6 | Salamatof | 7.8% (±7.0 points) |
| 7 | Homer | 7.7% (±2.5 points) |
| 8 | Soldotna | 7.0% (±6.9 points) |
| 9 | Kenai | 6.2% (±4.7 points) |
| 10 | Fritz Creek | 5.3% (±5.5 points) |
| 11 | Cohoe | 3.4% (±6.5 points) |
| 12 | Kalifornsky | 2.4% (±3.9 points) |
| 13 | Sterling | 2.0% (±3.3 points) |
Showing 13 of 17 places in Kenai Peninsula Borough, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Homer
Is it hard to find a rental in Homer?
The rental vacancy rate in Homer, AK is 7.7% (±2.5 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 Homer tighter than it was?
In Homer, the rental vacancy rate went from 12.7% in 2015–2019 to 7.7% in 2020–2024 (−5.0 percentage points), a measurable decrease.
How many homes are vacant in Homer?
An estimated 519 (±62) housing units, 16.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homer city, Alaska
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Homer city, Alaska
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 Homer city, Alaska (place:33140, in state:02).
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.
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
- Housing in Homer at a glance
- Median rent in Homer
- Rent by bedrooms in Homer
- Rent burden in Homer
- Renters and owners in Homer
- Income and affordability in Homer
- Home values in Homer
- Homeowner costs in Homer
- Property taxes in Homer
- Types of homes in Homer
- Bedrooms in Homer
- Age of homes in Homer
- Heating fuel in Homer
- Commute and cars in Homer
- Crime reported to police in Homer
- Population growth in Homer
- How long people stay in Homer
- Crowding and facilities in Homer
- Alaska landlord and tenant rules
- Housing across Kenai Peninsula Borough
- Alaska places ranked by rental vacancy rate
- Housing data for every place in Alaska