What is the rental vacancy rate in Shakopee, MN?
The rental vacancy rate in Shakopee, MN is 5.9% (±3.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.8% (±1.1 points).
561 (±237) homes, 3.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Shakopee, the rental vacancy rate went from 3.0% in 2015–2019 to 5.9% in 2020–2024 (+2.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.9% (±3.7 points)
- Homeowner vacancy rate
- 0.8% (±1.1 points)
- Vacant homes
- 561 (±237)
Vacancy in Shakopee against Scott County, its state and the nation
| Shakopee | Scott County | Minnesota | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.9% (±3.7 points) | 3.1% (±1.8 points) | 5.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.8% (±1.1 points) | 0.7% (±0.5 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 561 (±237) | 1,700 (±379) | 237,075 (±4,795) | 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 Shakopee, the rental vacancy rate is not measurably different from Scott County (3.1%).
It is not measurably different from Minnesota (5.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Shakopee
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Shakopee | — | 5.9% (±3.7 points) | — |
| Jackson Township | 3.0 mi | 0.0% (±47.5 points) | Not measurably different |
| Prior Lake | 3.6 mi | 0.9% (±1.2 points) | Lower |
| Louisville Township (Scott County) | 5.2 mi | 0.0% (±59.8 points) | Not measurably different |
| Eden Prairie | 5.4 mi | 6.2% (±3.6 points) | Not measurably different |
| Savage | 5.5 mi | 0.6% (±1.0 points) | Lower |
| Chanhassen | 7.1 mi | 6.6% (±5.6 points) | Not measurably different |
| Chaska | 7.3 mi | 0.6% (±0.9 points) | Lower |
| Spring Lake Township | 7.4 mi | 0.0% (±18.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Prior Lake, MN (0.9%), Savage, MN (0.6%), Chaska, MN (0.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Scott County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Sand Creek Township | 6.0% (±8.2 points) |
| 2 | Shakopee | 5.9% (±3.7 points) |
| 3 | Prior Lake | 0.9% (±1.2 points) |
| 4 | Savage | 0.6% (±1.0 points) |
| 5 (tie) | Belle Plaine | 0.0% (±5.2 points) |
| 5 (tie) | Credit River | 0.0% (±35.3 points) |
| 5 (tie) | Elko New Market | 0.0% (±26.9 points) |
| 5 (tie) | Jordan | 0.0% (±5.4 points) |
Showing 8 of 18 places in Scott 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 Shakopee
Is it hard to find a rental in Shakopee?
The rental vacancy rate in Shakopee, MN is 5.9% (±3.7 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 Shakopee tighter than it was?
In Shakopee, the rental vacancy rate went from 3.0% in 2015–2019 to 5.9% in 2020–2024 (+2.9 percentage points), not a measurable change.
How many homes are vacant in Shakopee?
An estimated 561 (±237) housing units, 3.3% 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 — Shakopee city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Shakopee city, Minnesota
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 Shakopee city, Minnesota (place:59350, in state:27).
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
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