What is the rental vacancy rate in New Canaan, CT?
The rental vacancy rate in New Canaan, CT is 7.9% (±7.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.7% (±0.8 points).
594 (±200) homes, 7.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In New Canaan, the rental vacancy rate went from 0.0% in 2015–2019 to 7.9% in 2020–2024 (+7.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 7.9% (±7.7 points)
- Homeowner vacancy rate
- 0.7% (±0.8 points)
- Vacant homes
- 594 (±200)
Vacancy in New Canaan against Western Connecticut Planning Region, its state and the nation
| New Canaan | Western Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.9% (±7.7 points) | 3.8% (±0.8 points) | 4.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.7% (±0.8 points) | 1.1% (±0.4 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 594 (±200) | 16,151 (±1,082) | 107,815 (±3,242) | 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 New Canaan, the rental vacancy rate is not measurably different from Western Connecticut Planning Region (3.8%).
It is not measurably different from Connecticut (4.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near New Canaan
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| New Canaan | — | 7.9% (±7.7 points) | — |
| Wilton Center | 4.4 mi | 4.9% (±7.5 points) | Not measurably different |
| South Wilton | 4.4 mi | 0.0% (±25.9 points) | Not measurably different |
| Wilton | 4.7 mi | 7.7% (±7.6 points) | Not measurably different |
| Town of Pound Ridge | 5.6 mi | 18.5% (±21.4 points) | Not measurably different |
| Noroton Heights | 6.0 mi | 11.8% (±16.0 points) | Not measurably different |
| Darien Downtown | 6.0 mi | 14.8% (±23.0 points) | Not measurably different |
| Stamford | 6.1 mi | 3.7% (±1.1 points) | Not measurably different |
| Norwalk | 6.3 mi | 3.0% (±1.2 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 Western Connecticut Planning Region, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Weston | 32.0% (±30.7 points) |
| 2 | Brookfield | 14.6% (±12.7 points) |
| 3 | Redding | 11.2% (±13.3 points) |
| 4 | Newtown | 10.4% (±8.6 points) |
| 5 | New Canaan | 7.9% (±7.7 points) |
| 6 | Wilton | 7.7% (±7.6 points) |
| 7 | Bethel | 5.9% (±4.7 points) |
| 8 | Darien | 4.9% (±5.0 points) |
| 9 | Greenwich | 4.1% (±2.5 points) |
| 10 | Stamford | 3.7% (±1.1 points) |
| 11 | New Fairfield | 3.1% (±4.7 points) |
Showing 11 of 18 places in Western Connecticut Planning Region, ranked from highest to lowest.
The figures for New Canaan include the places inside it that have pages of their own: New Canaan (community).
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 New Canaan
Is it hard to find a rental in New Canaan?
The rental vacancy rate in New Canaan, CT is 7.9% (±7.7 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 New Canaan tighter than it was?
In New Canaan, the rental vacancy rate went from 0.0% in 2015–2019 to 7.9% in 2020–2024 (+7.9 percentage points), not a measurable change.
How many homes are vacant in New Canaan?
An estimated 594 (±200) housing units, 7.7% 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 New Canaan town, Western Connecticut Planning Region, Connecticut (county subdivision:50580, in state:09 county:190).
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 .
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