What is the rental vacancy rate in Washington Township (Marion County), IN?
The rental vacancy rate in Washington Township (Marion County), IN is 6.8% (±1.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.3% (±0.5 points).
6,895 (±713) homes, 10.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Washington Township (Marion County), the rental vacancy rate went from 8.8% in 2015–2019 to 6.8% in 2020–2024 (−2.0 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 6.8% (±1.4 points)
- Homeowner vacancy rate
- 1.3% (±0.5 points)
- Vacant homes
- 6,895 (±713)
Vacancy in Washington Township (Marion County) against Marion County, its state and the nation
| Washington Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.8% (±1.4 points) | 4.9% (±0.5 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.3% (±0.5 points) | 1.2% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 6,895 (±713) | 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 Washington Township (Marion County), the rental vacancy rate is higher than in Marion County (4.9%).
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 Washington Township (Marion County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Washington Township (Marion County) | — | 6.8% (±1.4 points) | — |
| Meridian Hills | 1.1 mi | 13.6% (±23.5 points) | Not measurably different |
| North Crows Nest | 1.3 mi | 0.0% (±100.0 points) | Not measurably different |
| Williams Creek | 1.7 mi | 0.0% (±92.0 points) | Not measurably different |
| Crows Nest | 2.0 mi | 0.0% (±100.0 points) | Not measurably different |
| Rocky Ripple | 2.5 mi | 0.0% (±43.0 points) | Not measurably different |
| Spring Hill | 3.9 mi | 0.0% (±100.0 points) | Not measurably different |
| Wynnedale | 4.3 mi | 0.0% (±100.0 points) | Not measurably different |
| Carmel | 6.2 mi | 8.2% (±2.6 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 Marion County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Warren Park | 17.0% (±9.1 points) |
| 2 | Meridian Hills | 13.6% (±23.5 points) |
| 3 | Lawrence Township | 8.2% (±2.3 points) |
| 4 | Washington Township (Marion County) | 6.8% (±1.4 points) |
| 5 | Lawrence | 5.3% (±3.0 points) |
| 6 | Center Township (Marion County) | 5.2% (±1.0 points) |
| 7 | Indianapolis | 5.0% (±0.6 points) |
| 8 | Warren Township (Marion County) | 4.5% (±1.4 points) |
| 9 (tie) | Beech Grove | 4.0% (±3.8 points) |
| 9 (tie) | Perry Township (Marion County) | 4.0% (±1.5 points) |
Showing 10 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.
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Questions about Washington Township (Marion County)
Is it hard to find a rental in Washington Township (Marion County)?
The rental vacancy rate in Washington Township (Marion County), IN is 6.8% (±1.4 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 Washington Township (Marion County) tighter than it was?
In Washington Township (Marion County), the rental vacancy rate went from 8.8% in 2015–2019 to 6.8% in 2020–2024 (−2.0 percentage points), a measurable decrease.
How many homes are vacant in Washington Township (Marion County)?
An estimated 6,895 (±713) housing units, 10.0% 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 — Washington township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Washington township, Marion 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 Washington township, Marion County, Indiana (county subdivision:80792, 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.
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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- Homeowner costs in Washington Township (Marion County)
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- Indiana landlord and tenant rules
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- Housing data for every place in Indiana