What is the rental vacancy rate in the Town of Vestal, NY?
The rental vacancy rate in the Town of Vestal, NY is 12.7% (±6.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.8 points).
957 (±266) homes, 9.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In the Town of Vestal, the rental vacancy rate went from 9.7% in 2015–2019 to 12.7% in 2020–2024 (+3.0 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 12.7% (±6.0 points)
- Homeowner vacancy rate
- 0.5% (±0.8 points)
- Vacant homes
- 957 (±266)
Vacancy in the Town of Vestal against Broome County, its state and the nation
| Town of Vestal | Broome County | New York | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 12.7% (±6.0 points) | 7.8% (±1.3 points) | 3.8% (±0.1 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.8 points) | 1.5% (±0.4 points) | 1.1% (±0.1 points) | 0.9% |
| Vacant housing units | 957 (±266) | 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 the Town of Vestal, the rental vacancy rate is not measurably different from 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 the Town of Vestal
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Town of Vestal | — | 12.7% (±6.0 points) | — |
| Village of Endicott | 4.1 mi | 5.5% (±3.2 points) | Lower |
| Endwell | 5.1 mi | 3.7% (±5.7 points) | Lower |
| Tioga Terrace | 5.2 mi | 0.0% (±100.0 points) | Not measurably different |
| Town of Union | 5.3 mi | 4.4% (±2.1 points) | Lower |
| Crest View Heights | 5.7 mi | 0.0% (±82.3 points) | Not measurably different |
| Town of Binghamton | 5.8 mi | 0.0% (±28.5 points) | Not measurably different |
| Village of Johnson City | 5.9 mi | 5.9% (±3.5 points) | Not measurably different |
| Binghamton | 6.6 mi | 10.7% (±2.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Village of Endicott, NY (5.5%), Endwell, NY (3.7%), Town of Union, NY (4.4%).
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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Town of Barker | 25.0% (±35.2 points) |
| 2 | Town of Dickinson (Broome County) | 17.7% (±15.0 points) |
| 3 | Town of Vestal | 12.7% (±6.0 points) |
| 4 | Binghamton | 10.7% (±2.1 points) |
| 5 (tie) | Town of Chenango | 6.5% (±8.9 points) |
| 5 (tie) | Town of Triangle | 6.5% (±7.3 points) |
| 7 | Town of Nanticoke | 6.3% (±8.1 points) |
| 8 | Town of Windsor | 4.7% (±5.7 points) |
| 9 | Town of Union | 4.4% (±2.1 points) |
Showing 9 of 17 places in Broome County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Vestal include them.
The figures for the Town of Vestal include the places inside it that have pages of their own: Binghamton University.
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 Vestal
Is it hard to find a rental in the Town of Vestal?
The rental vacancy rate in the Town of Vestal, NY is 12.7% (±6.0 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 Vestal tighter than it was?
In the Town of Vestal, the rental vacancy rate went from 9.7% in 2015–2019 to 12.7% in 2020–2024 (+3.0 percentage points), not a measurable change.
How many homes are vacant in the Town of Vestal?
An estimated 957 (±266) housing units, 9.3% 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 — Vestal town, Broome County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Vestal town, Broome 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 Vestal town, Broome County, New York (county subdivision:77255, 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.
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 Vestal at a glance
- Median rent in the Town of Vestal
- Rent by bedrooms in the Town of Vestal
- Rent burden in the Town of Vestal
- Renters and owners in the Town of Vestal
- Income and affordability in the Town of Vestal
- Home values in the Town of Vestal
- Homeowner costs in the Town of Vestal
- Property taxes in the Town of Vestal
- Types of homes in the Town of Vestal
- Bedrooms in the Town of Vestal
- Age of homes in the Town of Vestal
- Heating fuel in the Town of Vestal
- Commute and cars in the Town of Vestal
- Crime reported to police in the Town of Vestal
- Population growth in the Town of Vestal
- How long people stay in the Town of Vestal
- Crowding and facilities in the Town of Vestal
- New York landlord and tenant rules
- Housing across Broome County
- New York places ranked by rental vacancy rate
- Housing data for every place in New York