What is the rental vacancy rate in Addison Township, IN?

The rental vacancy rate in Addison Township, IN is 7.1% (±3.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.4% (±0.7 points).

755 (±226) homes, 7.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Addison Township, the rental vacancy rate went from 11.4% in 2015–2019 to 7.1% in 2020–2024 (−4.3 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
7.1% (±3.8 points)
Homeowner vacancy rate
0.4% (±0.7 points)
Vacant homes
755 (±226)

Vacancy in Addison Township against Shelby County, its state and the nation

Estimate (90% margin of error)
Addison TownshipShelby CountyIndianaUnited States
Rental vacancy rate7.1% (±3.8 points)6.2% (±2.9 points)5.6% (±0.3 points)5.5%
Homeowner vacancy rate0.4% (±0.7 points)0.9% (±0.6 points)0.8% (±0.1 points)0.9%
Vacant housing units755 (±226)1,224 (±254)260,559 (±6,417)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 Addison Township, the rental vacancy rate is not measurably different from Shelby County (6.2%).

It is not measurably different from Indiana (5.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Addison Township

Nearest places with a published estimate, compared with Addison Township
PlaceDistanceRental vacancy rateCompared with this place
Addison Township—7.1% (±3.8 points)—
Shelbyville1.4 mi7.9% (±3.6 points)Not measurably different
Shelby Township (Shelby County)4.0 mi0.0% (±44.2 points)Not measurably different
Brandywine Township (Shelby County)5.2 mi0.0% (±31.0 points)Not measurably different
Marion Township (Shelby County)5.4 mi14.1% (±18.3 points)Not measurably different
Fairland6.3 mi0.0% (±53.8 points)Not measurably different
Union Township (Shelby County)6.5 mi0.0% (±46.5 points)Not measurably different
Liberty Township (Shelby County)6.9 mi0.0% (±100.0 points)Not measurably different
Hendricks Township7.0 mi0.0% (±37.5 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 Shelby County, place by place

RankPlaceRental vacancy rate
1Marion Township (Shelby County)14.1% (±18.3 points)
2Shelbyville7.9% (±3.6 points)
3Addison Township7.1% (±3.8 points)
4 (tie)Fairland0.0% (±53.8 points)
4 (tie)Morristown0.0% (±25.6 points)
4 (tie)Brandywine Township (Shelby County)0.0% (±31.0 points)
4 (tie)Hanover Township (Shelby County)0.0% (±19.3 points)
4 (tie)Hendricks Township0.0% (±37.5 points)
4 (tie)Jackson Township (Shelby County)0.0% (±38.1 points)

Showing 9 of 16 places in Shelby 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 Addison Township

Is it hard to find a rental in Addison Township?

The rental vacancy rate in Addison Township, IN is 7.1% (±3.8 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 Addison Township tighter than it was?

In Addison Township, the rental vacancy rate went from 11.4% in 2015–2019 to 7.1% in 2020–2024 (−4.3 percentage points), not a measurable change.

How many homes are vacant in Addison Township?

An estimated 755 (±226) housing units, 7.5% 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 Addison township, Shelby County, Indiana (county subdivision:00568, in state:18 county:145).

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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