What is the rental vacancy rate in Newark, OH?

The rental vacancy rate in Newark, OH is 4.8% (±2.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.6 points).

1,479 (±315) homes, 6.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Newark, the rental vacancy rate went from 8.6% in 2015–2019 to 4.8% in 2020–2024 (−3.8 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
4.8% (±2.0 points)
Homeowner vacancy rate
0.7% (±0.6 points)
Vacant homes
1,479 (±315)

Vacancy in Newark against Licking County, its state and the nation

Estimate (90% margin of error)
NewarkLicking CountyOhioUnited States
Rental vacancy rate4.8% (±2.0 points)5.0% (±1.6 points)4.4% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.6 points)0.7% (±0.3 points)0.8% (±0.1 points)0.9%
Vacant housing units1,479 (±315)4,653 (±591)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 Newark, the rental vacancy rate is not measurably different from Licking County (5.0%).

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 Newark

Nearest places with a published estimate, compared with Newark
PlaceDistanceRental vacancy rateCompared with this place
Newark—4.8% (±2.0 points)—
Newark Township2.4 mi35.4% (±43.7 points)Not measurably different
Heath3.6 mi4.0% (±6.4 points)Not measurably different
Granville4.3 mi13.4% (±15.8 points)Not measurably different
Madison Township (Licking County)4.8 mi0.0% (±15.1 points)Not measurably different
Newton Township (Licking County)5.0 mi0.0% (±19.9 points)Not measurably different
Granville Township (Licking County)5.4 mi13.3% (±12.3 points)Not measurably different
Licking Township (Licking County)6.5 mi0.0% (±28.0 points)Not measurably different
Granville South6.5 mi22.6% (±29.6 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 Licking County, place by place

RankPlaceRental vacancy rate
5Union Township (Licking County)17.5% (±6.8 points)
6Alexandria15.0% (±25.1 points)
7Granville13.4% (±15.8 points)
8Granville Township (Licking County)13.3% (±12.3 points)
9Washington Township (Licking County)6.8% (±10.4 points)
10Harrison Township (Licking County)5.5% (±7.0 points)
11Newark4.8% (±2.0 points)
12Johnstown4.5% (±6.0 points)
13St. Albans Township4.3% (±7.4 points)
14Heath4.0% (±6.4 points)
15Monroe Township (Licking County)3.8% (±5.2 points)
16Etna Township2.2% (±3.5 points)
17Pataskala1.8% (±2.4 points)

Showing 13 of 41 places in Licking 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 Newark

Is it hard to find a rental in Newark?

The rental vacancy rate in Newark, OH is 4.8% (±2.0 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 Newark tighter than it was?

In Newark, the rental vacancy rate went from 8.6% in 2015–2019 to 4.8% in 2020–2024 (−3.8 percentage points), a measurable decrease.

How many homes are vacant in Newark?

An estimated 1,479 (±315) housing units, 6.8% 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 Newark city, Ohio (place:54040, 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.

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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