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
| Addison Township | Shelby County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.1% (±3.8 points) | 6.2% (±2.9 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.4% (±0.7 points) | 0.9% (±0.6 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 755 (±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
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Addison Township | — | 7.1% (±3.8 points) | — |
| Shelbyville | 1.4 mi | 7.9% (±3.6 points) | Not measurably different |
| Shelby Township (Shelby County) | 4.0 mi | 0.0% (±44.2 points) | Not measurably different |
| Brandywine Township (Shelby County) | 5.2 mi | 0.0% (±31.0 points) | Not measurably different |
| Marion Township (Shelby County) | 5.4 mi | 14.1% (±18.3 points) | Not measurably different |
| Fairland | 6.3 mi | 0.0% (±53.8 points) | Not measurably different |
| Union Township (Shelby County) | 6.5 mi | 0.0% (±46.5 points) | Not measurably different |
| Liberty Township (Shelby County) | 6.9 mi | 0.0% (±100.0 points) | Not measurably different |
| Hendricks Township | 7.0 mi | 0.0% (±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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Marion Township (Shelby County) | 14.1% (±18.3 points) |
| 2 | Shelbyville | 7.9% (±3.6 points) |
| 3 | Addison Township | 7.1% (±3.8 points) |
| 4 (tie) | Fairland | 0.0% (±53.8 points) |
| 4 (tie) | Morristown | 0.0% (±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 Township | 0.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Addison township, Shelby County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Addison township, Shelby County, Indiana
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.
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
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- Median rent in Addison Township
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- Rent burden in Addison Township
- Renters and owners in Addison Township
- Income and affordability in Addison Township
- Home values in Addison Township
- Homeowner costs in Addison Township
- Property taxes in Addison Township
- Types of homes in Addison Township
- Bedrooms in Addison Township
- Age of homes in Addison Township
- Heating fuel in Addison Township
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- Population growth in Addison Township
- How long people stay in Addison Township
- Crowding and facilities in Addison Township
- Indiana landlord and tenant rules
- Housing across Shelby County
- Indiana places ranked by rental vacancy rate
- Housing data for every place in Indiana