What is the rental vacancy rate in Niagara Falls, NY?
The rental vacancy rate in Niagara Falls, NY is 4.6% (±1.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.8% (±1.1 points).
3,521 (±382) homes, 13.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Niagara Falls, the rental vacancy rate went from 16.7% in 2015–2019 to 4.6% in 2020–2024 (−12.1 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 4.6% (±1.4 points)
- Homeowner vacancy rate
- 1.8% (±1.1 points)
- Vacant homes
- 3,521 (±382)
Vacancy in Niagara Falls against Niagara County, its state and the nation
| Niagara Falls | Niagara County | New York | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.6% (±1.4 points) | 4.3% (±1.2 points) | 3.8% (±0.1 points) | 5.5% |
| Homeowner vacancy rate | 1.8% (±1.1 points) | 0.8% (±0.4 points) | 1.1% (±0.1 points) | 0.9% |
| Vacant housing units | 3,521 (±382) | 8,562 (±712) | 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 Niagara Falls, the rental vacancy rate is not measurably different from Niagara County (4.3%).
It is not measurably different from New York (3.8%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Niagara Falls
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Niagara Falls | — | 4.6% (±1.4 points) | — |
| Town of Niagara | 2.3 mi | 0.0% (±5.3 points) | Not measurably different |
| Village of Lewiston | 5.6 mi | 6.5% (±8.0 points) | Not measurably different |
| Town of Grand Island | 5.8 mi | 0.6% (±0.9 points) | Lower |
| Tuscarora Nation Reservation | 5.8 mi | 9.6% (±11.8 points) | Not measurably different |
| Town of Wheatfield | 6.6 mi | 5.3% (±6.5 points) | Not measurably different |
| Town of Lewiston | 7.1 mi | 8.1% (±7.2 points) | Not measurably different |
| Sanborn | 7.8 mi | 0.0% (±23.9 points) | Not measurably different |
| Grandyle Village | 7.8 mi | 0.0% (±22.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Town of Grand Island, NY (0.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Niagara County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Town of Wilson | 17.1% (±17.1 points) |
| 2 | Tuscarora Nation Reservation | 9.6% (±11.8 points) |
| 3 | Town of Lewiston | 8.1% (±7.2 points) |
| 4 | Town of Wheatfield | 5.3% (±6.5 points) |
| 5 | Town of Porter | 5.0% (±6.8 points) |
| 6 | Lockport | 4.9% (±2.8 points) |
| 7 | Niagara Falls | 4.6% (±1.4 points) |
| 8 | North Tonawanda | 4.5% (±3.5 points) |
| 9 | Town of Lockport | 1.0% (±1.2 points) |
| 10 (tie) | Town of Cambria | 0.0% (±13.6 points) |
| 10 (tie) | Town of Hartland | 0.0% (±21.6 points) |
| 10 (tie) | Town of Newfane | 0.0% (±6.7 points) |
| 10 (tie) | Town of Niagara | 0.0% (±5.3 points) |
Showing 13 of 16 places in Niagara 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 Niagara Falls
Is it hard to find a rental in Niagara Falls?
The rental vacancy rate in Niagara Falls, NY is 4.6% (±1.4 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 Niagara Falls tighter than it was?
In Niagara Falls, the rental vacancy rate went from 16.7% in 2015–2019 to 4.6% in 2020–2024 (−12.1 percentage points), a measurable decrease.
How many homes are vacant in Niagara Falls?
An estimated 3,521 (±382) housing units, 13.4% 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 — Niagara Falls city, Niagara County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Niagara Falls city, Niagara County, New York
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 Niagara Falls city, Niagara County, New York (county subdivision:51055, in state:36 county:063).
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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