What is the rental vacancy rate in Lake Station, IN?
The rental vacancy rate in Lake Station, IN is 0.0% (±2.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.5% (±1.6 points).
253 (±114) homes, 5.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lake Station, the rental vacancy rate went from 0.0% in 2015–2019 to 0.0% in 2020–2024 (0.0 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±2.8 points)
- Homeowner vacancy rate
- 1.5% (±1.6 points)
- Vacant homes
- 253 (±114)
Vacancy in Lake Station against Lake County, its state and the nation
| Lake Station | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±2.8 points) | 5.1% (±0.9 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.5% (±1.6 points) | 0.6% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 253 (±114) | 22,306 (±960) | 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 Lake Station, the rental vacancy rate is lower than in Lake County (5.1%).
It is also lower than in Indiana (5.6%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Lake Station
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lake Station | — | 0.0% (±2.8 points) | — |
| New Chicago | 1.6 mi | 6.8% (±10.5 points) | Not measurably different |
| Hobart Township | 2.2 mi | 4.2% (±3.5 points) | Not measurably different |
| Portage Township (Porter County) | 3.9 mi | 4.8% (±3.3 points) | Higher |
| Portage | 4.0 mi | 4.5% (±3.8 points) | Not measurably different |
| Hobart | 4.5 mi | 5.7% (±4.5 points) | Higher |
| Ogden Dunes | 4.8 mi | 0.0% (±100.0 points) | Not measurably different |
| Gary | 5.0 mi | 7.0% (±1.5 points) | Higher |
| Calumet Township | 5.5 mi | 7.0% (±1.5 points) | Higher |
Nearby places with a measurably higher figure: Portage Township (Porter County), IN (4.8%), Hobart, IN (5.7%), Gary, IN (7.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Lake County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 18 | East Chicago | 2.8% (±1.4 points) |
| 19 | St. John Township | 2.6% (±3.5 points) |
| 20 | Schererville | 1.4% (±2.3 points) |
| 21 (tie) | Cedar Lake | 0.0% (±4.5 points) |
| 21 (tie) | Crown Point | 0.0% (±2.1 points) |
| 21 (tie) | Lake Dalecarlia | 0.0% (±46.5 points) |
| 21 (tie) | Lake Station | 0.0% (±2.8 points) |
| 21 (tie) | Lowell | 0.0% (±5.0 points) |
| 21 (tie) | St. John | 0.0% (±16.5 points) |
| 21 (tie) | Schneider | 0.0% (±71.2 points) |
| 21 (tie) | Cedar Creek Township (Lake County) | 0.0% (±5.5 points) |
| 21 (tie) | Center Township (Lake County) | 0.0% (±2.1 points) |
| 21 (tie) | Hanover Township (Lake County) | 0.0% (±6.6 points) |
Showing 13 of 31 places in Lake 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 Lake Station
Is it hard to find a rental in Lake Station?
The rental vacancy rate in Lake Station, IN is 0.0% (±2.8 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 Lake Station tighter than it was?
In Lake Station, the rental vacancy rate went from 0.0% in 2015–2019 to 0.0% in 2020–2024 (0.0 percentage points), not a measurable change.
How many homes are vacant in Lake Station?
An estimated 253 (±114) housing units, 5.1% 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 — Lake Station city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Station 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 Lake Station city, Indiana (place:41535, 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 .
Related
- Housing in Lake Station at a glance
- Median rent in Lake Station
- Rent by bedrooms in Lake Station
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- Renters and owners in Lake Station
- Income and affordability in Lake Station
- Home values in Lake Station
- Homeowner costs in Lake Station
- Property taxes in Lake Station
- Types of homes in Lake Station
- Bedrooms in Lake Station
- Age of homes in Lake Station
- Heating fuel in Lake Station
- Commute and cars in Lake Station
- Population growth in Lake Station
- How long people stay in Lake Station
- Crowding and facilities in Lake Station
- Fair Market Rent in Lake Station
- Indiana landlord and tenant rules
- Housing across Lake County
- Indiana places ranked by rental vacancy rate
- Housing data for every place in Indiana