What is the rental vacancy rate in Hope Mills, NC?

The rental vacancy rate in Hope Mills, NC is 1.9% (±1.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.3% (±0.5 points).

307 (±93) homes, 4.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Hope Mills, the rental vacancy rate went from 7.9% in 2015–2019 to 1.9% in 2020–2024 (−6.0 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
1.9% (±1.5 points)
Homeowner vacancy rate
0.3% (±0.5 points)
Vacant homes
307 (±93)

Vacancy in Hope Mills against Cumberland County, its state and the nation

Estimate (90% margin of error)
Hope MillsCumberland CountyNorth CarolinaUnited States
Rental vacancy rate1.9% (±1.5 points)5.5% (±0.5 points)7.1% (±0.2 points)5.5%
Homeowner vacancy rate0.3% (±0.5 points)1.1% (±0.2 points)1.3% (±0.1 points)0.9%
Vacant housing units307 (±93)14,040 (±553)613,323 (±9,483)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 Hope Mills, the rental vacancy rate is lower than in Cumberland County (5.5%).

It is also lower than in North Carolina (7.1%).

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

Rental vacancy rate in places near Hope Mills

Nearest places with a published estimate, compared with Hope Mills
PlaceDistanceRental vacancy rateCompared with this place
Hope Mills—1.9% (±1.5 points)—
Parkton5.4 mi0.0% (±79.9 points)Not measurably different
Rockfish6.4 mi0.0% (±9.9 points)Not measurably different
Fayetteville7.9 mi6.1% (±0.6 points)Higher
Lumber Bridge8.4 mi0.0% (±90.6 points)Not measurably different
Vander11 mi0.0% (±23.7 points)Not measurably different
St. Pauls11 mi2.5% (±2.8 points)Not measurably different
Rennert13 mi3.6% (±9.0 points)Not measurably different
Eastover13 mi0.0% (±20.2 points)Not measurably different

Nearby places with a measurably higher figure: Fayetteville, NC (6.1%).

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

Rental vacancy rate across Cumberland County, place by place

RankPlaceRental vacancy rate
1Wade18.9% (±20.2 points)
2Spring Lake6.8% (±1.9 points)
3Fayetteville6.1% (±0.6 points)
4Stedman5.1% (±9.0 points)
5Hope Mills1.9% (±1.5 points)
6 (tie)Eastover0.0% (±20.2 points)
6 (tie)Falcon0.0% (±100.0 points)
6 (tie)Godwin0.0% (±55.8 points)
6 (tie)Linden0.0% (±100.0 points)
6 (tie)Vander0.0% (±23.7 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Hope Mills

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Hope Mills, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Hope Mills beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Hope Mills, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Hope Mills

Is it hard to find a rental in Hope Mills?

The rental vacancy rate in Hope Mills, NC is 1.9% (±1.5 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 Hope Mills tighter than it was?

In Hope Mills, the rental vacancy rate went from 7.9% in 2015–2019 to 1.9% in 2020–2024 (−6.0 percentage points), a measurable decrease.

How many homes are vacant in Hope Mills?

An estimated 307 (±93) housing units, 4.5% 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 Hope Mills town, North Carolina (place:32640, in state:37).

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 .

Related