What is the rental vacancy rate in Elsmere, KY?

The rental vacancy rate in Elsmere, KY is 8.4% (±7.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.6% (±2.3 points).

316 (±153) homes, 8.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Elsmere, the rental vacancy rate went from 6.3% in 2015–2019 to 8.4% in 2020–2024 (+2.1 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
8.4% (±7.5 points)
Homeowner vacancy rate
2.6% (±2.3 points)
Vacant homes
316 (±153)

Vacancy in Elsmere against Kenton County, its state and the nation

Estimate (90% margin of error)
ElsmereKenton CountyKentuckyUnited States
Rental vacancy rate8.4% (±7.5 points)6.3% (±1.4 points)4.6% (±0.3 points)5.5%
Homeowner vacancy rate2.6% (±2.3 points)1.4% (±0.4 points)0.9% (±0.1 points)0.9%
Vacant housing units316 (±153)5,854 (±583)208,647 (±5,298)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 Elsmere, the rental vacancy rate is not measurably different from Kenton County (6.3%).

It is not measurably different from Kentucky (4.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Elsmere

Nearest places with a published estimate, compared with Elsmere
PlaceDistanceRental vacancy rateCompared with this place
Elsmere—8.4% (±7.5 points)—
Edgewood2.5 mi12.0% (±17.5 points)Not measurably different
Florence2.5 mi3.3% (±2.2 points)Not measurably different
Crestview Hills2.7 mi0.0% (±11.6 points)Not measurably different
Erlanger3.2 mi6.3% (±4.2 points)Not measurably different
Lakeside Park3.4 mi0.0% (±19.4 points)Not measurably different
Independence3.9 mi0.0% (±2.3 points)Lower
Oakbrook4.2 mi1.5% (±2.5 points)Not measurably different
Fort Mitchell4.3 mi0.0% (±2.3 points)Lower

Nearby places with a measurably lower figure: Independence, KY (0.0%), Fort Mitchell, KY (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Kenton County, place by place

RankPlaceRental vacancy rate
2Taylor Mill31.8% (±23.2 points)
3Park Hills23.5% (±15.9 points)
4Ludlow12.8% (±10.6 points)
5Edgewood12.0% (±17.5 points)
6Crescent Springs11.6% (±12.6 points)
7Villa Hills8.8% (±7.2 points)
8Elsmere8.4% (±7.5 points)
9Erlanger6.3% (±4.2 points)
10Covington4.9% (±2.0 points)
11Bromley4.0% (±7.4 points)
12 (tie)Crestview Hills0.0% (±11.6 points)
12 (tie)Fort Mitchell0.0% (±2.3 points)
12 (tie)Fort Wright0.0% (±5.4 points)

Showing 13 of 18 places in Kenton 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 Elsmere

Is it hard to find a rental in Elsmere?

The rental vacancy rate in Elsmere, KY is 8.4% (±7.5 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 Elsmere tighter than it was?

In Elsmere, the rental vacancy rate went from 6.3% in 2015–2019 to 8.4% in 2020–2024 (+2.1 percentage points), not a measurable change.

How many homes are vacant in Elsmere?

An estimated 316 (±153) housing units, 8.5% 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 Elsmere city, Kentucky (place:24778, in state:21).

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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