What is the rental vacancy rate in Princess Anne, MD?

The rental vacancy rate in Princess Anne, MD is 21.1% (±12.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±7.1 points).

595 (±199) homes, 30.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Princess Anne, the rental vacancy rate went from 4.2% in 2015–2019 to 21.1% in 2020–2024 (+16.9 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
21.1% (±12.6 points)
Homeowner vacancy rate
0.0% (±7.1 points)
Vacant homes
595 (±199)

Vacancy in Princess Anne against Somerset County, its state and the nation

Estimate (90% margin of error)
Princess AnneSomerset CountyMarylandUnited States
Rental vacancy rate21.1% (±12.6 points)11.3% (±6.9 points)4.7% (±0.3 points)5.5%
Homeowner vacancy rate0.0% (±7.1 points)1.7% (±1.4 points)0.8% (±0.1 points)0.9%
Vacant housing units595 (±199)2,580 (±333)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 Princess Anne, the rental vacancy rate is not measurably different from Somerset County (11.3%).

It is also higher than in Maryland (4.7%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Princess Anne

Nearest places with a published estimate, compared with Princess Anne
PlaceDistanceRental vacancy rateCompared with this place
Princess Anne—21.1% (±12.6 points)—
Mount Vernon5.4 mi0.0% (±67.8 points)Not measurably different
Eden5.5 mi0.0% (±27.0 points)Not measurably different
Fruitland8.8 mi0.0% (±6.3 points)Lower
Pocomoke City12 mi0.0% (±5.1 points)Lower
Salisbury13 mi3.3% (±1.7 points)Lower
Hebron15 mi5.8% (±8.3 points)Lower
Snow Hill17 mi0.0% (±8.9 points)Lower
Mardela Springs18 mi0.0% (±56.5 points)Not measurably different

Nearby places with a measurably lower figure: Fruitland, MD (0.0%), Pocomoke City, MD (0.0%), Salisbury, MD (3.3%).

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

Rental vacancy rate across Somerset County, place by place

RankPlaceRental vacancy rate
1Princess Anne21.1% (±12.6 points)
2Crisfield2.4% (±3.3 points)
3 (tie)Eden0.0% (±27.0 points)
3 (tie)Mount Vernon0.0% (±67.8 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 Princess Anne

Is it hard to find a rental in Princess Anne?

The rental vacancy rate in Princess Anne, MD is 21.1% (±12.6 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 Princess Anne tighter than it was?

In Princess Anne, the rental vacancy rate went from 4.2% in 2015–2019 to 21.1% in 2020–2024 (+16.9 percentage points), a measurable increase.

How many homes are vacant in Princess Anne?

An estimated 595 (±199) housing units, 30.5% 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 Princess Anne town, Maryland (place:64000, 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.

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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