What is the rental vacancy rate in Marathon, FL?

The rental vacancy rate in Marathon, FL is 20.2% (±7.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 5.5% (±4.0 points).

2,474 (±259) homes, 38.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Marathon, the rental vacancy rate went from 21.2% in 2015–2019 to 20.2% in 2020–2024 (−1.0 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
20.2% (±7.5 points)
Homeowner vacancy rate
5.5% (±4.0 points)
Vacant homes
2,474 (±259)

Vacancy in Marathon against Monroe County, its state and the nation

Estimate (90% margin of error)
MarathonMonroe CountyFloridaUnited States
Rental vacancy rate20.2% (±7.5 points)19.6% (±2.6 points)7.6% (±0.2 points)5.5%
Homeowner vacancy rate5.5% (±4.0 points)2.1% (±0.8 points)1.4% (±0.1 points)0.9%
Vacant housing units2,474 (±259)20,429 (±731)1,503,660 (±20,826)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 Marathon, the rental vacancy rate is not measurably different from Monroe County (19.6%).

It is also higher than in Florida (7.6%).

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

Rental vacancy rate in places near Marathon

Nearest places with a published estimate, compared with Marathon
PlaceDistanceRental vacancy rateCompared with this place
Marathon—20.2% (±7.5 points)—
Key Colony Beach0.7 mi60.8% (±12.4 points)Higher
Layton15 mi51.5% (±51.5 points)Not measurably different
Big Pine Key21 mi24.8% (±16.7 points)Not measurably different
Cudjoe Key30 mi35.0% (±15.3 points)Not measurably different
Islamorada35 mi42.5% (±15.9 points)Higher
Tavernier39 mi32.4% (±18.9 points)Not measurably different
Big Coppitt Key41 mi15.8% (±14.7 points)Not measurably different
Stock Island46 mi9.7% (±7.9 points)Not measurably different

Nearby places with a measurably higher figure: Key Colony Beach, FL (60.8%), Islamorada, FL (42.5%).

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

Rental vacancy rate across Monroe County, place by place

RankPlaceRental vacancy rate
2Key Colony Beach60.8% (±12.4 points)
3Layton51.5% (±51.5 points)
4Islamorada42.5% (±15.9 points)
5Cudjoe Key35.0% (±15.3 points)
6Tavernier32.4% (±18.9 points)
7Big Pine Key24.8% (±16.7 points)
8Marathon20.2% (±7.5 points)
9Key Largo18.5% (±8.8 points)
10Big Coppitt Key15.8% (±14.7 points)
11Key West13.1% (±3.3 points)
12Stock Island9.7% (±7.9 points)

Showing 11 of 12 places in Monroe County, 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 Marathon

Is it hard to find a rental in Marathon?

The rental vacancy rate in Marathon, FL is 20.2% (±7.5 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 Marathon tighter than it was?

In Marathon, the rental vacancy rate went from 21.2% in 2015–2019 to 20.2% in 2020–2024 (−1.0 percentage points), not a measurable change.

How many homes are vacant in Marathon?

An estimated 2,474 (±259) housing units, 38.1% 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 Marathon city, Florida (place:43000, in state:12).

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 .

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