What is the rental vacancy rate in Binghamton, NY?

The rental vacancy rate in Binghamton, NY is 10.7% (±2.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.1% (±1.1 points).

4,064 (±403) homes, 16.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Binghamton, the rental vacancy rate went from 9.5% in 2015–2019 to 10.7% in 2020–2024 (+1.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
10.7% (±2.1 points)
Homeowner vacancy rate
2.1% (±1.1 points)
Vacant homes
4,064 (±403)

Vacancy in Binghamton against Broome County, its state and the nation

Estimate (90% margin of error)
BinghamtonBroome CountyNew YorkUnited States
Rental vacancy rate10.7% (±2.1 points)7.8% (±1.3 points)3.8% (±0.1 points)5.5%
Homeowner vacancy rate2.1% (±1.1 points)1.5% (±0.4 points)1.1% (±0.1 points)0.9%
Vacant housing units4,064 (±403)11,159 (±800)862,595 (±12,628)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 Binghamton, the rental vacancy rate is higher than in Broome County (7.8%).

It is also higher than in New York (3.8%).

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

Rental vacancy rate in places near Binghamton

Nearest places with a published estimate, compared with Binghamton
PlaceDistanceRental vacancy rateCompared with this place
Binghamton—10.7% (±2.1 points)—
Town of Dickinson (Broome County)2.0 mi17.7% (±15.0 points)Not measurably different
Village of Port Dickinson2.5 mi11.2% (±9.1 points)Not measurably different
Village of Johnson City3.2 mi5.9% (±3.5 points)Lower
Town of Binghamton4.6 mi0.0% (±28.5 points)Not measurably different
Chenango Bridge5.5 mi0.0% (±25.9 points)Not measurably different
Town of Conklin5.7 mi0.0% (±8.8 points)Lower
Town of Kirkwood5.7 mi0.0% (±6.2 points)Lower
Endwell6.0 mi3.7% (±5.7 points)Lower

Nearby places with a measurably lower figure: Village of Johnson City, NY (5.9%), Town of Conklin, NY (0.0%), Town of Kirkwood, NY (0.0%).

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

Rental vacancy rate across Broome County, place by place

RankPlaceRental vacancy rate
1Town of Barker25.0% (±35.2 points)
2Town of Dickinson (Broome County)17.7% (±15.0 points)
3Town of Vestal12.7% (±6.0 points)
4Binghamton10.7% (±2.1 points)
5 (tie)Town of Chenango6.5% (±8.9 points)
5 (tie)Town of Triangle6.5% (±7.3 points)
7Town of Nanticoke6.3% (±8.1 points)
8Town of Windsor4.7% (±5.7 points)
9Town of Union4.4% (±2.1 points)
10 (tie)Town of Binghamton0.0% (±28.5 points)

Showing 10 of 17 places in Broome 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 Binghamton

Is it hard to find a rental in Binghamton?

The rental vacancy rate in Binghamton, NY is 10.7% (±2.1 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 Binghamton tighter than it was?

In Binghamton, the rental vacancy rate went from 9.5% in 2015–2019 to 10.7% in 2020–2024 (+1.2 percentage points), not a measurable change.

How many homes are vacant in Binghamton?

An estimated 4,064 (±403) housing units, 16.0% 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 Binghamton city, Broome County, New York (county subdivision:06607, in state:36 county:007).

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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