What is the rental vacancy rate in Pike Township (Marion County), IN?

The rental vacancy rate in Pike Township (Marion County), IN is 2.6% (±1.3 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.6 points).

1,943 (±414) homes, 5.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Pike Township (Marion County), the rental vacancy rate went from 6.8% in 2015–2019 to 2.6% in 2020–2024 (−4.2 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
2.6% (±1.3 points)
Homeowner vacancy rate
0.7% (±0.6 points)
Vacant homes
1,943 (±414)

Vacancy in Pike Township (Marion County) against Marion County, its state and the nation

Estimate (90% margin of error)
Pike Township (Marion County)Marion CountyIndianaUnited States
Rental vacancy rate2.6% (±1.3 points)4.9% (±0.5 points)5.6% (±0.3 points)5.5%
Homeowner vacancy rate0.7% (±0.6 points)1.2% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units1,943 (±414)40,608 (±1,898)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 Pike Township (Marion County), the rental vacancy rate is lower than in Marion County (4.9%).

It is also lower than in Indiana (5.6%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Pike Township (Marion County)

Nearest places with a published estimate, compared with Pike Township (Marion County)
PlaceDistanceRental vacancy rateCompared with this place
Pike Township (Marion County)—2.6% (±1.3 points)—
Wynnedale4.6 mi0.0% (±100.0 points)Not measurably different
Spring Hill4.8 mi0.0% (±100.0 points)Not measurably different
Clermont5.0 mi0.0% (±35.0 points)Not measurably different
Rocky Ripple5.3 mi0.0% (±43.0 points)Not measurably different
Crows Nest5.3 mi0.0% (±100.0 points)Not measurably different
North Crows Nest5.5 mi0.0% (±100.0 points)Not measurably different
Brown Township (Hendricks County)5.7 mi0.0% (±9.5 points)Not measurably different
Speedway5.8 mi1.1% (±1.1 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 Marion County, place by place

RankPlaceRental vacancy rate
8Warren Township (Marion County)4.5% (±1.4 points)
9 (tie)Beech Grove4.0% (±3.8 points)
9 (tie)Perry Township (Marion County)4.0% (±1.5 points)
11Decatur Township3.9% (±2.7 points)
12Franklin Township (Marion County)3.7% (±2.9 points)
13Wayne Township (Marion County)2.8% (±1.0 points)
14Pike Township (Marion County)2.6% (±1.3 points)
15Speedway1.1% (±1.1 points)
16 (tie)Clermont0.0% (±35.0 points)
16 (tie)Crows Nest0.0% (±100.0 points)
16 (tie)Cumberland0.0% (±4.9 points)
16 (tie)Homecroft0.0% (±96.0 points)
16 (tie)North Crows Nest0.0% (±100.0 points)

Showing 13 of 25 places in Marion 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 Pike Township (Marion County)

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Questions about Pike Township (Marion County)

Is it hard to find a rental in Pike Township (Marion County)?

The rental vacancy rate in Pike Township (Marion County), IN is 2.6% (±1.3 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 Pike Township (Marion County) tighter than it was?

In Pike Township (Marion County), the rental vacancy rate went from 6.8% in 2015–2019 to 2.6% in 2020–2024 (−4.2 percentage points), a measurable decrease.

How many homes are vacant in Pike Township (Marion County)?

An estimated 1,943 (±414) housing units, 5.4% 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 Pike township, Marion County, Indiana (county subdivision:59742, in state:18 county:097).

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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