What is the rental vacancy rate in Somerset, KY?

The rental vacancy rate in Somerset, KY is 5.9% (±5.4 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 3.2% (±3.8 points).

555 (±234) homes, 10.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Somerset, the rental vacancy rate went from 12.1% in 2015–2019 to 5.9% in 2020–2024 (−6.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
5.9% (±5.4 points)
Homeowner vacancy rate
3.2% (±3.8 points)
Vacant homes
555 (±234)

Vacancy in Somerset against Pulaski County, its state and the nation

Estimate (90% margin of error)
SomersetPulaski CountyKentuckyUnited States
Rental vacancy rate5.9% (±5.4 points)4.8% (±2.8 points)4.6% (±0.3 points)5.5%
Homeowner vacancy rate3.2% (±3.8 points)1.5% (±1.0 points)0.9% (±0.1 points)0.9%
Vacant housing units555 (±234)5,512 (±567)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 Somerset, the rental vacancy rate is not measurably different from Pulaski County (4.8%).

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 Somerset

Nearest places with a published estimate, compared with Somerset
PlaceDistanceRental vacancy rateCompared with this place
Somerset—5.9% (±5.4 points)—
Ferguson1.7 mi15.0% (±15.4 points)Not measurably different
Burnside6.1 mi18.5% (±25.6 points)Not measurably different
Science Hill6.2 mi0.0% (±33.9 points)Not measurably different
Eubank14 mi7.2% (±10.2 points)Not measurably different
Monticello22 mi3.8% (±4.5 points)Not measurably different
Mount Vernon24 mi7.1% (±7.7 points)Not measurably different
Liberty24 mi7.6% (±8.8 points)Not measurably different
Brodhead24 mi3.2% (±5.0 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 Pulaski County, place by place

RankPlaceRental vacancy rate
1Burnside18.5% (±25.6 points)
2Ferguson15.0% (±15.4 points)
3Eubank7.2% (±10.2 points)
4Somerset5.9% (±5.4 points)
5Science Hill0.0% (±33.9 points)

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 Somerset

Is it hard to find a rental in Somerset?

The rental vacancy rate in Somerset, KY is 5.9% (±5.4 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 Somerset tighter than it was?

In Somerset, the rental vacancy rate went from 12.1% in 2015–2019 to 5.9% in 2020–2024 (−6.2 percentage points), not a measurable change.

How many homes are vacant in Somerset?

An estimated 555 (±234) housing units, 10.1% 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 Somerset city, Kentucky (place:71688, 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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