What is the rental vacancy rate in Frankfort, IN?
The rental vacancy rate in Frankfort, IN is 6.9% (±4.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.1% (±1.4 points).
599 (±187) homes, 9.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Frankfort, the rental vacancy rate went from 4.3% in 2015–2019 to 6.9% in 2020–2024 (+2.6 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 6.9% (±4.9 points)
- Homeowner vacancy rate
- 1.1% (±1.4 points)
- Vacant homes
- 599 (±187)
Vacancy in Frankfort against Clinton County, its state and the nation
| Frankfort | Clinton County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.9% (±4.9 points) | 6.3% (±3.8 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.1% (±1.4 points) | 0.8% (±0.8 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 599 (±187) | 1,021 (±234) | 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 Frankfort, the rental vacancy rate is not measurably different from Clinton County (6.3%).
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 Frankfort
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Frankfort | — | 6.9% (±4.9 points) | — |
| Center Township (Clinton County) | 1.3 mi | 6.9% (±4.9 points) | Not measurably different |
| Jackson Township (Clinton County) | 4.5 mi | 0.0% (±62.5 points) | Not measurably different |
| Washington Township (Clinton County) | 5.5 mi | 0.0% (±36.9 points) | Not measurably different |
| Michigan Township (Clinton County) | 6.5 mi | 5.1% (±8.3 points) | Not measurably different |
| Perry Township (Clinton County) | 7.0 mi | 14.7% (±21.1 points) | Not measurably different |
| Michigantown | 7.6 mi | 8.9% (±13.9 points) | Not measurably different |
| Owen Township (Clinton County) | 7.9 mi | 0.0% (±43.0 points) | Not measurably different |
| Madison Township (Clinton County) | 8.2 mi | 0.0% (±27.6 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 Clinton County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 (tie) | Colfax | 14.7% (±21.1 points) |
| 1 (tie) | Perry Township (Clinton County) | 14.7% (±21.1 points) |
| 3 | Ross Township (Clinton County) | 11.6% (±17.5 points) |
| 4 | Michigantown | 8.9% (±13.9 points) |
| 5 (tie) | Frankfort | 6.9% (±4.9 points) |
| 5 (tie) | Center Township (Clinton County) | 6.9% (±4.9 points) |
| 7 | Michigan Township (Clinton County) | 5.1% (±8.3 points) |
| 8 (tie) | Kirklin | 0.0% (±33.9 points) |
| 8 (tie) | Mulberry | 0.0% (±33.4 points) |
| 8 (tie) | Rossville | 0.0% (±24.1 points) |
| 8 (tie) | Forest Township | 0.0% (±53.1 points) |
Showing 11 of 19 places in Clinton 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 Frankfort
Is it hard to find a rental in Frankfort?
The rental vacancy rate in Frankfort, IN is 6.9% (±4.9 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 Frankfort tighter than it was?
In Frankfort, the rental vacancy rate went from 4.3% in 2015–2019 to 6.9% in 2020–2024 (+2.6 percentage points), not a measurable change.
How many homes are vacant in Frankfort?
An estimated 599 (±187) housing units, 9.1% 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 — Frankfort city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Frankfort city, 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 Frankfort city, Indiana (place:25324, in state:18).
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 .
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