What is the rental vacancy rate in New York City, NY?

Name: Vacancy rate in New York City, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in New York City, NY is 3.6% (±0.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.8% (±0.2 points).

344,398 (±6,931) homes, 9.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In New York City, the rental vacancy rate went from 3.4% in 2015–2019 to 3.6% in 2020–2024 (+0.2 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Rental vacancy rate: 3.6% (±0.1 points)
Homeowner vacancy rate: 1.8% (±0.2 points)
Vacant homes: 344,398 (±6,931)

Vacancy in New York City against New York, its state and the nation

Estimate (90% margin of error)
	New York City	New York	United States
Rental vacancy rate	3.6% (±0.1 points)	3.8% (±0.1 points)	5.5%
Homeowner vacancy rate	1.8% (±0.2 points)	1.1% (±0.1 points)	0.9%
Vacant housing units	344,398 (±6,931)	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 New York City, the rental vacancy rate is lower than in New York (3.8%).

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

Rental vacancy rate in places near New York City

Nearest places with a published estimate, compared with New York City
Place	Distance	Rental vacancy rate	Compared with this place
New York City	—	3.6% (±0.1 points)	—
Hoboken	7.4 mi	5.1% (±1.9 points)	Not measurably different
Jersey City	7.4 mi	5.1% (±0.7 points)	Higher
Weehawken Township	8.4 mi	6.6% (±2.8 points)	Higher
Union City	8.7 mi	3.2% (±0.9 points)	Not measurably different
Bayonne	9.0 mi	3.6% (±1.0 points)	Not measurably different
West New York Town	9.3 mi	3.3% (±1.4 points)	Not measurably different
Guttenberg Town	9.6 mi	1.3% (±1.3 points)	Lower
Inwood	9.9 mi	6.7% (±5.3 points)	Not measurably different

Nearby places with a measurably lower figure: Guttenberg Town, NJ (1.3%).

Nearby places with a measurably higher figure: Jersey City, NJ (5.1%), Weehawken Township, NJ (6.6%).

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

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 New York City

Is it hard to find a rental in New York City?

The rental vacancy rate in New York City, NY is 3.6% (±0.1 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 New York City tighter than it was?

In New York City, the rental vacancy rate went from 3.4% in 2015–2019 to 3.6% in 2020–2024 (+0.2 percentage points), a measurable increase.

How many homes are vacant in New York City?

An estimated 344,398 (±6,931) housing units, 9.4% 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 New York city, New York (place:51000, in state:36).

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.