What is the rental vacancy rate in Needham, MA?

The rental vacancy rate in Needham, MA is 8.6% (±5.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.2% (±0.3 points).

343 (±194) homes, 2.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Needham, the rental vacancy rate went from 1.0% in 2015–2019 to 8.6% in 2020–2024 (+7.6 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
8.6% (±5.5 points)
Homeowner vacancy rate
0.2% (±0.3 points)
Vacant homes
343 (±194)

Vacancy in Needham against Norfolk County, its state and the nation

Estimate (90% margin of error)
NeedhamNorfolk CountyMassachusettsUnited States
Rental vacancy rate8.6% (±5.5 points)4.0% (±0.6 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.2% (±0.3 points)0.4% (±0.2 points)0.6% (±0.1 points)0.9%
Vacant housing units343 (±194)11,859 (±863)245,364 (±5,351)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 Needham, the rental vacancy rate is not measurably different from Norfolk County (4.0%).

It is not measurably different from Massachusetts (3.5%).

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

Rental vacancy rate in places near Needham

Nearest places with a published estimate, compared with Needham
PlaceDistanceRental vacancy rateCompared with this place
Needham—8.6% (±5.5 points)—
Wellesley (community)2.7 mi3.7% (±4.3 points)Not measurably different
Wellesley2.7 mi3.7% (±4.3 points)Not measurably different
Dover (community)2.7 mi0.0% (±84.8 points)Not measurably different
Newton3.9 mi4.5% (±1.9 points)Not measurably different
Dedham (community)4.0 mi4.1% (±3.5 points)Not measurably different
Dedham4.0 mi4.1% (±3.5 points)Not measurably different
Dover4.1 mi41.2% (±49.4 points)Not measurably different
Westwood4.5 mi3.6% (±5.7 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 Norfolk County, place by place

RankPlaceRental vacancy rate
1Dover41.2% (±49.4 points)
2Cohasset12.8% (±16.2 points)
3Franklin Town12.1% (±4.8 points)
4Sharon11.4% (±9.7 points)
5Needham8.6% (±5.5 points)
6Plainville8.5% (±7.3 points)
7Braintree Town7.8% (±4.6 points)
8Wrentham7.2% (±7.4 points)
9Foxborough6.8% (±6.4 points)
10Stoughton5.9% (±3.4 points)
11Norfolk4.9% (±9.7 points)

Showing 11 of 28 places in Norfolk County, ranked from highest to lowest.

The figures for Needham include the places inside it that have pages of their own: Needham (community).

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 Needham

Is it hard to find a rental in Needham?

The rental vacancy rate in Needham, MA is 8.6% (±5.5 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 Needham tighter than it was?

In Needham, the rental vacancy rate went from 1.0% in 2015–2019 to 8.6% in 2020–2024 (+7.6 percentage points), a measurable increase.

How many homes are vacant in Needham?

An estimated 343 (±194) housing units, 2.9% 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 Needham town, Norfolk County, Massachusetts (county subdivision:44105, in state:25 county:021).

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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