What is the rental vacancy rate in the Town of Colonie, NY?
The rental vacancy rate in the Town of Colonie, NY is 2.1% (±1.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.1% (±0.7 points).
1,602 (±431) homes, 4.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In the Town of Colonie, the rental vacancy rate went from 1.7% in 2015–2019 to 2.1% in 2020–2024 (+0.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 2.1% (±1.7 points)
- Homeowner vacancy rate
- 1.1% (±0.7 points)
- Vacant homes
- 1,602 (±431)
Vacancy in the Town of Colonie against Albany County, its state and the nation
| Town of Colonie | Albany County | New York | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.1% (±1.7 points) | 3.3% (±0.8 points) | 3.8% (±0.1 points) | 5.5% |
| Homeowner vacancy rate | 1.1% (±0.7 points) | 0.9% (±0.3 points) | 1.1% (±0.1 points) | 0.9% |
| Vacant housing units | 1,602 (±431) | 12,959 (±1,018) | 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 the Town of Colonie, the rental vacancy rate is not measurably different from Albany County (3.3%).
It is not measurably different from New York (3.8%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near the Town of Colonie
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Town of Colonie | — | 2.1% (±1.7 points) | — |
| Village of Colonie | 2.7 mi | 0.0% (±6.5 points) | Not measurably different |
| Watervliet | 4.2 mi | 1.0% (±1.1 points) | Not measurably different |
| Cohoes | 4.6 mi | 5.8% (±3.8 points) | Not measurably different |
| Village of Menands | 4.6 mi | 0.0% (±2.9 points) | Not measurably different |
| Town of Green Island | 4.8 mi | 2.5% (±3.9 points) | Not measurably different |
| Village of Green Island | 4.8 mi | 2.5% (±3.9 points) | Not measurably different |
| Albany | 5.2 mi | 3.6% (±0.9 points) | Not measurably different |
| Troy | 5.7 mi | 7.6% (±1.6 points) | Higher |
Nearby places with a measurably higher figure: Troy, NY (7.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Albany County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Town of Coeymans | 13.2% (±11.7 points) |
| 2 | Cohoes | 5.8% (±3.8 points) |
| 3 | Albany | 3.6% (±0.9 points) |
| 4 | Town of Bethlehem | 2.9% (±2.2 points) |
| 5 | Town of Green Island | 2.5% (±3.9 points) |
| 6 | Town of Guilderland | 2.4% (±2.5 points) |
| 7 | Town of Colonie | 2.1% (±1.7 points) |
| 8 | Watervliet | 1.0% (±1.1 points) |
| 9 (tie) | Town of Berne | 0.0% (±40.0 points) |
| 9 (tie) | Town of Knox | 0.0% (±36.2 points) |
| 9 (tie) | Town of New Scotland | 0.0% (±7.3 points) |
| 9 (tie) | Town of Rensselaerville | 0.0% (±35.0 points) |
| 9 (tie) | Town of Westerlo | 0.0% (±21.1 points) |
A New York town includes the villages and hamlets inside it, so the figures for the Town of Colonie include them.
The figures for the Town of Colonie include the places inside it that have pages of their own: Latham, Loudonville, Roessleville, Siena College.
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 Town of Colonie
Is it hard to find a rental in the Town of Colonie?
The rental vacancy rate in the Town of Colonie, NY is 2.1% (±1.7 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 the Town of Colonie tighter than it was?
In the Town of Colonie, the rental vacancy rate went from 1.7% in 2015–2019 to 2.1% in 2020–2024 (+0.4 percentage points), not a measurable change.
How many homes are vacant in the Town of Colonie?
An estimated 1,602 (±431) housing units, 4.4% 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 — Colonie town, Albany County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Colonie town, Albany 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 Colonie town, Albany County, New York (county subdivision:17343, in state:36 county:001).
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
- Housing in the Town of Colonie at a glance
- Median rent in the Town of Colonie
- Rent by bedrooms in the Town of Colonie
- Rent burden in the Town of Colonie
- Renters and owners in the Town of Colonie
- Income and affordability in the Town of Colonie
- Home values in the Town of Colonie
- Homeowner costs in the Town of Colonie
- Property taxes in the Town of Colonie
- Types of homes in the Town of Colonie
- Bedrooms in the Town of Colonie
- Age of homes in the Town of Colonie
- Heating fuel in the Town of Colonie
- Commute and cars in the Town of Colonie
- Crime reported to police in the Town of Colonie
- Population growth in the Town of Colonie
- How long people stay in the Town of Colonie
- Crowding and facilities in the Town of Colonie
- New York landlord and tenant rules
- Housing across Albany County
- New York places ranked by rental vacancy rate
- Housing data for every place in New York