What is the rental vacancy rate in Memphis, FL?

Name: Vacancy rate in Memphis, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Memphis, FL is 28.3% (±15.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 5.9% (±4.1 points).

968 (±245) homes, 23.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Memphis, the rental vacancy rate went from 7.8% in 2015–2019 to 28.3% in 2020–2024 (+20.5 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Rental vacancy rate: 28.3% (±15.1 points)
Homeowner vacancy rate: 5.9% (±4.1 points)
Vacant homes: 968 (±245)

Vacancy in Memphis against Manatee County, its state and the nation

Estimate (90% margin of error)
	Memphis	Manatee County	Florida	United States
Rental vacancy rate	28.3% (±15.1 points)	14.1% (±1.4 points)	7.6% (±0.2 points)	5.5%
Homeowner vacancy rate	5.9% (±4.1 points)	2.0% (±0.4 points)	1.4% (±0.1 points)	0.9%
Vacant housing units	968 (±245)	44,487 (±1,812)	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 Memphis, the rental vacancy rate is not measurably different from Manatee County (14.1%).

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

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

Rental vacancy rate in places near Memphis

Nearest places with a published estimate, compared with Memphis
Place	Distance	Rental vacancy rate	Compared with this place
Memphis	—	28.3% (±15.1 points)	—
Palmetto	1.8 mi	5.2% (±5.4 points)	Lower
Ellenton	2.2 mi	0.0% (±8.8 points)	Lower
Bradenton	4.0 mi	11.9% (±2.5 points)	Lower
West Bradenton	4.7 mi	15.5% (±17.5 points)	Not measurably different
Samoset	4.8 mi	0.0% (±8.0 points)	Lower
West Samoset	5.2 mi	13.1% (±8.8 points)	Not measurably different
South Bradenton	6.1 mi	7.3% (±3.3 points)	Lower
Bayshore Gardens	7.9 mi	7.2% (±5.3 points)	Lower

Nearby places with a measurably lower figure: Palmetto, FL (5.2%), Ellenton, FL (0.0%), Bradenton, FL (11.9%).

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

Rental vacancy rate across Manatee County, place by place

Rank	Place	Rental vacancy rate
1	Anna Maria	96.7% (±2.8 points)
2	Bradenton Beach	88.4% (±4.3 points)
3	Holmes Beach	85.1% (±5.5 points)
4	Longboat Key	63.2% (±11.9 points)
5	Memphis	28.3% (±15.1 points)
6	Cortez	16.1% (±18.2 points)
7	West Bradenton	15.5% (±17.5 points)
8	Lakewood Ranch	15.3% (±7.3 points)
9	West Samoset	13.1% (±8.8 points)
10	Bradenton	11.9% (±2.5 points)
11	South Bradenton	7.3% (±3.3 points)

Showing 11 of 16 places in Manatee County, ranked from highest to lowest.

Memphis is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Memphis

Is it hard to find a rental in Memphis?

The rental vacancy rate in Memphis, FL is 28.3% (±15.1 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 Memphis tighter than it was?

In Memphis, the rental vacancy rate went from 7.8% in 2015–2019 to 28.3% in 2020–2024 (+20.5 percentage points), a measurable increase.

How many homes are vacant in Memphis?

An estimated 968 (±245) housing units, 23.3% 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 Memphis CDP, Florida (place:44175, 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.