What is the rental vacancy rate in Old Town, ME?
The rental vacancy rate in Old Town, ME is 5.0% (±5.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.4 points).
484 (±195) homes, 13.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Old Town, the rental vacancy rate went from 7.6% in 2015–2019 to 5.0% in 2020–2024 (−2.6 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.0% (±5.0 points)
- Homeowner vacancy rate
- 0.0% (±1.4 points)
- Vacant homes
- 484 (±195)
Vacancy in Old Town against Penobscot County, its state and the nation
| Old Town | Penobscot County | Maine | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.0% (±5.0 points) | 5.8% (±1.6 points) | 4.2% (±0.4 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.4 points) | 0.5% (±0.3 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 484 (±195) | 10,462 (±636) | 154,717 (±2,142) | 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 Old Town, the rental vacancy rate is not measurably different from Penobscot County (5.8%).
It is not measurably different from Maine (4.2%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Old Town
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Old Town | — | 5.0% (±5.0 points) | — |
| Orono | 5.0 mi | 4.8% (±5.9 points) | Not measurably different |
| Milford (community) | 5.3 mi | 0.0% (±21.4 points) | Not measurably different |
| Orono (community) | 5.8 mi | 5.0% (±6.1 points) | Not measurably different |
| Alton | 6.4 mi | 0.0% (±35.5 points) | Not measurably different |
| Glenburn | 6.7 mi | 0.0% (±7.3 points) | Not measurably different |
| Veazie (community) | 7.5 mi | 0.0% (±12.4 points) | Not measurably different |
| Veazie | 7.5 mi | 0.0% (±12.4 points) | Not measurably different |
| Hudson | 7.7 mi | 0.0% (±42.6 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 Penobscot County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 7 | Newport | 11.3% (±15.7 points) |
| 8 | Bradley | 10.0% (±14.8 points) |
| 9 | Hampden | 9.0% (±13.8 points) |
| 10 | East Millinocket | 7.4% (±10.9 points) |
| 11 | Orrington | 6.4% (±10.5 points) |
| 12 | Bangor | 5.7% (±2.6 points) |
| 13 | Old Town | 5.0% (±5.0 points) |
| 14 (tie) | Dexter | 4.8% (±7.6 points) |
| 14 (tie) | Orono | 4.8% (±5.9 points) |
| 16 | Patten | 3.1% (±4.4 points) |
| 17 | Brewer | 2.1% (±2.2 points) |
| 18 (tie) | Alton | 0.0% (±35.5 points) |
| 18 (tie) | Bradford | 0.0% (±33.7 points) |
Showing 13 of 54 places in Penobscot 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 Old Town
Is it hard to find a rental in Old Town?
The rental vacancy rate in Old Town, ME is 5.0% (±5.0 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 Old Town tighter than it was?
In Old Town, the rental vacancy rate went from 7.6% in 2015–2019 to 5.0% in 2020–2024 (−2.6 percentage points), not a measurable change.
How many homes are vacant in Old Town?
An estimated 484 (±195) housing units, 13.2% 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 — Old Town city, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Old Town city, Maine
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 Old Town city, Maine (place:55225, in state:23).
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 Old Town at a glance
- Median rent in Old Town
- Rent burden in Old Town
- Renters and owners in Old Town
- Income and affordability in Old Town
- Home values in Old Town
- Homeowner costs in Old Town
- Property taxes in Old Town
- Types of homes in Old Town
- Bedrooms in Old Town
- Age of homes in Old Town
- Heating fuel in Old Town
- Commute and cars in Old Town
- Crime reported to police in Old Town
- Population growth in Old Town
- How long people stay in Old Town
- Crowding and facilities in Old Town
- Maine landlord and tenant rules
- Housing across Penobscot County
- Maine places ranked by rental vacancy rate
- Housing data for every place in Maine