What is the rental vacancy rate in Clay Township (Hamilton County), IN?
The rental vacancy rate in Clay Township (Hamilton County), IN is 8.4% (±2.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.2% (±0.6 points).
2,372 (±461) homes, 5.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Clay Township (Hamilton County), the rental vacancy rate went from 9.8% in 2015–2019 to 8.4% in 2020–2024 (−1.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 8.4% (±2.6 points)
- Homeowner vacancy rate
- 1.2% (±0.6 points)
- Vacant homes
- 2,372 (±461)
Vacancy in Clay Township (Hamilton County) against Hamilton County, its state and the nation
| Clay Township (Hamilton County) | Hamilton County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 8.4% (±2.6 points) | 6.6% (±1.3 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.2% (±0.6 points) | 1.0% (±0.4 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 2,372 (±461) | 7,494 (±963) | 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 Clay Township (Hamilton County), the rental vacancy rate is not measurably different from Hamilton County (6.6%).
It is also higher than in Indiana (5.6%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Clay Township (Hamilton County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Clay Township (Hamilton County) | — | 8.4% (±2.6 points) | — |
| Carmel | 0.0 mi | 8.2% (±2.6 points) | Not measurably different |
| Williams Creek | 4.5 mi | 0.0% (±92.0 points) | Not measurably different |
| Westfield | 4.9 mi | 5.8% (±3.4 points) | Not measurably different |
| Meridian Hills | 5.4 mi | 13.6% (±23.5 points) | Not measurably different |
| Washington Township (Marion County) | 6.2 mi | 6.8% (±1.4 points) | Not measurably different |
| Westfield Washington Township | 6.2 mi | 5.3% (±3.2 points) | Not measurably different |
| Delaware Township (Hamilton County) | 6.5 mi | 6.6% (±3.9 points) | Not measurably different |
| North Crows Nest | 6.9 mi | 0.0% (±100.0 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 Hamilton County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Atlanta | 21.2% (±18.7 points) |
| 2 | Jackson Township (Hamilton County) | 8.9% (±9.2 points) |
| 3 | Clay Township (Hamilton County) | 8.4% (±2.6 points) |
| 4 | Carmel | 8.2% (±2.6 points) |
| 5 | Noblesville | 6.9% (±3.1 points) |
| 6 | Delaware Township (Hamilton County) | 6.6% (±3.9 points) |
| 7 | Noblesville Township | 6.4% (±3.6 points) |
| 8 | Fall Creek Township (Hamilton County) | 6.3% (±5.2 points) |
| 9 | Westfield | 5.8% (±3.4 points) |
Showing 9 of 17 places in Hamilton 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.
What you can do on Seayora in Clay Township (Hamilton County)
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Questions about Clay Township (Hamilton County)
Is it hard to find a rental in Clay Township (Hamilton County)?
The rental vacancy rate in Clay Township (Hamilton County), IN is 8.4% (±2.6 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 Clay Township (Hamilton County) tighter than it was?
In Clay Township (Hamilton County), the rental vacancy rate went from 9.8% in 2015–2019 to 8.4% in 2020–2024 (−1.4 percentage points), not a measurable change.
How many homes are vacant in Clay Township (Hamilton County)?
An estimated 2,372 (±461) housing units, 5.9% 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 — Clay township, Hamilton County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Clay township, Hamilton 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 Clay township, Hamilton County, Indiana (county subdivision:13060, in state:18 county:057).
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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- Fair Market Rent in Clay Township (Hamilton County)
- Indiana landlord and tenant rules
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- Housing data for every place in Indiana