What is the rental vacancy rate in Ocean City, MD?
The rental vacancy rate in Ocean City, MD is 31.2% (±9.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.2% (±0.9 points).
25,983 (±379) homes, 87.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Ocean City, the rental vacancy rate went from 31.2% in 2015–2019 to 31.2% in 2020–2024 (0.0 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 31.2% (±9.2 points)
- Homeowner vacancy rate
- 1.2% (±0.9 points)
- Vacant homes
- 25,983 (±379)
Vacancy in Ocean City against Worcester County, its state and the nation
| Ocean City | Worcester County | Maryland | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 31.2% (±9.2 points) | 10.9% (±3.6 points) | 4.7% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.2% (±0.9 points) | 2.0% (±0.9 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 25,983 (±379) | 32,731 (±550) | 197,856 (±3,980) | 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 Ocean City, the rental vacancy rate is higher than in Worcester County (10.9%).
It is also higher than in Maryland (4.7%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Ocean City
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Ocean City | — | 31.2% (±9.2 points) | — |
| West Ocean City | 3.8 mi | 0.0% (±9.2 points) | Lower |
| Ocean Pines | 4.2 mi | 7.6% (±11.5 points) | Lower |
| Fenwick Island | 4.7 mi | 60.7% (±20.8 points) | Higher |
| South Bethany | 8.5 mi | 100.0% (±67.9 points) | Higher |
| Selbyville | 8.6 mi | 0.0% (±17.8 points) | Lower |
| Berlin | 8.9 mi | 0.0% (±5.1 points) | Lower |
| Ocean View | 9.4 mi | 14.4% (±22.3 points) | Not measurably different |
| Bethany Beach | 10.0 mi | 62.4% (±26.2 points) | Higher |
Nearby places with a measurably lower figure: West Ocean City, MD (0.0%), Ocean Pines, MD (7.6%), Selbyville, DE (0.0%).
Nearby places with a measurably higher figure: Fenwick Island, DE (60.7%), South Bethany, DE (100.0%), Bethany Beach, DE (62.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Worcester County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Ocean City | 31.2% (±9.2 points) |
| 2 | Ocean Pines | 7.6% (±11.5 points) |
| 3 (tie) | Berlin | 0.0% (±5.1 points) |
| 3 (tie) | Pocomoke City | 0.0% (±5.1 points) |
| 3 (tie) | Snow Hill | 0.0% (±8.9 points) |
| 3 (tie) | West Ocean City | 0.0% (±9.2 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 Ocean City
Is it hard to find a rental in Ocean City?
The rental vacancy rate in Ocean City, MD is 31.2% (±9.2 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 Ocean City tighter than it was?
In Ocean City, the rental vacancy rate went from 31.2% in 2015–2019 to 31.2% in 2020–2024 (0.0 percentage points), not a measurable change.
How many homes are vacant in Ocean City?
An estimated 25,983 (±379) housing units, 87.2% 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 — Ocean City town, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ocean City town, Maryland
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 Ocean City town, Maryland (place:58225, in state:24).
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 Ocean City at a glance
- Median rent in Ocean City
- Rent by bedrooms in Ocean City
- Rent burden in Ocean City
- Renters and owners in Ocean City
- Income and affordability in Ocean City
- Home values in Ocean City
- Homeowner costs in Ocean City
- Property taxes in Ocean City
- Types of homes in Ocean City
- Bedrooms in Ocean City
- Age of homes in Ocean City
- Heating fuel in Ocean City
- Commute and cars in Ocean City
- Population growth in Ocean City
- How long people stay in Ocean City
- Crowding and facilities in Ocean City
- Maryland landlord and tenant rules
- Housing across Worcester County
- Maryland places ranked by rental vacancy rate
- Housing data for every place in Maryland