What is the rental vacancy rate in Watertown, NY?

The rental vacancy rate in Watertown, NY is 3.6% (±1.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.5% (±1.5 points).

1,559 (±299) homes, 11.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Watertown, the rental vacancy rate went from 11.5% in 2015–2019 to 3.6% in 2020–2024 (−7.9 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
3.6% (±1.9 points)
Homeowner vacancy rate
1.5% (±1.5 points)
Vacant homes
1,559 (±299)

Vacancy in Watertown against Jefferson County, its state and the nation

Estimate (90% margin of error)
WatertownJefferson CountyNew YorkUnited States
Rental vacancy rate3.6% (±1.9 points)4.4% (±1.3 points)3.8% (±0.1 points)5.5%
Homeowner vacancy rate1.5% (±1.5 points)1.9% (±0.7 points)1.1% (±0.1 points)0.9%
Vacant housing units1,559 (±299)14,256 (±634)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 Watertown, the rental vacancy rate is not measurably different from Jefferson County (4.4%).

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 Watertown

Nearest places with a published estimate, compared with Watertown
PlaceDistanceRental vacancy rateCompared with this place
Watertown—3.6% (±1.9 points)—
Town of Watertown2.8 mi1.2% (±1.8 points)Not measurably different
Village of Glen Park3.2 mi0.0% (±47.0 points)Not measurably different
Village of Brownville4.3 mi13.0% (±23.4 points)Not measurably different
Calcium5.6 mi8.2% (±8.8 points)Not measurably different
Town of Pamelia5.7 mi0.0% (±13.9 points)Not measurably different
Village of Black River6.2 mi5.2% (±9.5 points)Not measurably different
Town of Rutland6.5 mi0.0% (±12.2 points)Not measurably different
Village of Dexter7.1 mi5.8% (±10.2 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Jefferson County, place by place

RankPlaceRental vacancy rate
6Town of Orleans7.3% (±12.0 points)
7Town of Hounsfield6.7% (±5.8 points)
8Town of Wilna5.5% (±8.6 points)
9Town of Antwerp5.3% (±9.2 points)
10 (tie)Town of Brownville4.4% (±5.4 points)
10 (tie)Town of Le Ray4.4% (±2.2 points)
12Watertown3.6% (±1.9 points)
13Town of Adams2.3% (±4.2 points)
14Town of Champion1.7% (±2.9 points)
15Town of Watertown1.2% (±1.8 points)
16Town of Theresa0.5% (±2.2 points)
17 (tie)Town of Cape Vincent0.0% (±29.8 points)
17 (tie)Town of Ellisburg0.0% (±16.0 points)

Showing 13 of 23 places in Jefferson 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 Watertown

Is it hard to find a rental in Watertown?

The rental vacancy rate in Watertown, NY is 3.6% (±1.9 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 Watertown tighter than it was?

In Watertown, the rental vacancy rate went from 11.5% in 2015–2019 to 3.6% in 2020–2024 (−7.9 percentage points), a measurable decrease.

How many homes are vacant in Watertown?

An estimated 1,559 (±299) housing units, 11.6% 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 Watertown city, Jefferson County, New York (county subdivision:78608, in state:36 county:045).

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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