What is the rental vacancy rate in London, OH?
The rental vacancy rate in London, OH is 6.3% (±6.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.3 points).
324 (±165) homes, 6.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In London, the rental vacancy rate went from 2.5% in 2015–2019 to 6.3% in 2020–2024 (+3.8 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 6.3% (±6.3 points)
- Homeowner vacancy rate
- 0.0% (±1.3 points)
- Vacant homes
- 324 (±165)
Vacancy in London against Madison County, its state and the nation
| London | Madison County | Ohio | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.3% (±6.3 points) | 4.1% (±3.5 points) | 4.4% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.3 points) | 0.1% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 324 (±165) | 833 (±235) | 429,200 (±8,629) | 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 London, the rental vacancy rate is not measurably different from Madison County (4.1%).
It is not measurably different from Ohio (4.4%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near London
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| London | — | 6.3% (±6.3 points) | — |
| Union Township (Madison County) | 1.7 mi | 0.0% (±29.6 points) | Not measurably different |
| Deer Creek Township | 4.0 mi | 0.0% (±25.0 points) | Not measurably different |
| Choctaw Lake | 5.3 mi | 0.0% (±43.0 points) | Not measurably different |
| Somerford Township | 6.4 mi | 0.0% (±38.3 points) | Not measurably different |
| Paint Township (Madison County) | 6.6 mi | 0.0% (±79.6 points) | Not measurably different |
| Oak Run Township | 6.9 mi | 0.0% (±51.0 points) | Not measurably different |
| West Jefferson | 7.9 mi | 0.0% (±8.6 points) | Not measurably different |
| Fairfield Township (Madison County) | 8.0 mi | 0.0% (±31.4 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 Madison County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Mount Sterling | 9.8% (±14.7 points) |
| 2 | Darby Township (Madison County) | 7.7% (±12.7 points) |
| 3 | Pleasant Township (Madison County) | 7.2% (±10.9 points) |
| 4 | Plain City | 6.7% (±11.2 points) |
| 5 | London | 6.3% (±6.3 points) |
| 6 (tie) | Choctaw Lake | 0.0% (±43.0 points) |
| 6 (tie) | Midway | 0.0% (±55.5 points) |
| 6 (tie) | South Solon | 0.0% (±51.7 points) |
| 6 (tie) | West Jefferson | 0.0% (±8.6 points) |
| 6 (tie) | Canaan Township (Madison County) | 0.0% (±43.3 points) |
| 6 (tie) | Deer Creek Township | 0.0% (±25.0 points) |
Showing 11 of 21 places in Madison 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 London
Is it hard to find a rental in London?
The rental vacancy rate in London, OH is 6.3% (±6.3 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 London tighter than it was?
In London, the rental vacancy rate went from 2.5% in 2015–2019 to 6.3% in 2020–2024 (+3.8 percentage points), not a measurable change.
How many homes are vacant in London?
An estimated 324 (±165) housing units, 6.5% 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 — London city, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — London city, Ohio
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 London city, Ohio (place:44674, in state:39).
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 London at a glance
- Median rent in London
- Rent by bedrooms in London
- Rent burden in London
- Renters and owners in London
- Income and affordability in London
- Home values in London
- Homeowner costs in London
- Property taxes in London
- Types of homes in London
- Bedrooms in London
- Age of homes in London
- Heating fuel in London
- Commute and cars in London
- Crime reported to police in London
- Population growth in London
- How long people stay in London
- Crowding and facilities in London
- Ohio landlord and tenant rules
- Housing across Madison County
- Ohio places ranked by rental vacancy rate
- Housing data for every place in Ohio