What is the rental vacancy rate in Olmsted Township, OH?
The rental vacancy rate in Olmsted Township, OH is 9.0% (±7.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.7% (±1.8 points).
363 (±196) homes, 6.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Olmsted Township, the rental vacancy rate went from 0.0% in 2015–2019 to 9.0% in 2020–2024 (+9.0 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 9.0% (±7.8 points)
- Homeowner vacancy rate
- 1.7% (±1.8 points)
- Vacant homes
- 363 (±196)
Vacancy in Olmsted Township against Cuyahoga County, its state and the nation
| Olmsted Township | Cuyahoga County | Ohio | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 9.0% (±7.8 points) | 5.3% (±0.4 points) | 4.4% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.7% (±1.8 points) | 1.0% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 363 (±196) | 60,780 (±1,966) | 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 Olmsted Township, the rental vacancy rate is not measurably different from Cuyahoga County (5.3%).
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 Olmsted Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Olmsted Township | — | 9.0% (±7.8 points) | — |
| Olmsted Falls | 1.6 mi | 0.0% (±5.5 points) | Not measurably different |
| North Olmsted | 2.7 mi | 2.7% (±2.4 points) | Not measurably different |
| Columbia Township (Lorain County) | 3.6 mi | 0.0% (±15.6 points) | Not measurably different |
| Berea | 3.6 mi | 4.5% (±4.1 points) | Not measurably different |
| North Ridgeville | 4.8 mi | 0.0% (±2.6 points) | Lower |
| Westlake | 5.0 mi | 6.1% (±4.5 points) | Not measurably different |
| Eaton Township | 5.7 mi | 0.0% (±24.1 points) | Not measurably different |
| Brook Park | 6.0 mi | 3.2% (±3.6 points) | Not measurably different |
Nearby places with a measurably lower figure: North Ridgeville, OH (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Cuyahoga County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 5 | Valley View | 15.2% (±22.9 points) |
| 6 | Bedford | 14.9% (±8.8 points) |
| 7 | Seven Hills | 14.2% (±15.8 points) |
| 8 | Linndale | 11.4% (±20.6 points) |
| 9 | Beachwood | 11.1% (±6.4 points) |
| 10 | Warrensville Heights | 9.9% (±4.2 points) |
| 11 | Olmsted Township | 9.0% (±7.8 points) |
| 12 | Bay Village | 8.6% (±8.8 points) |
| 13 | Orange | 8.3% (±12.6 points) |
| 14 | East Cleveland | 8.0% (±2.2 points) |
| 15 | Euclid | 7.6% (±2.4 points) |
| 16 | Rocky River | 7.4% (±5.3 points) |
| 17 | Shaker Heights | 6.9% (±2.9 points) |
Showing 13 of 59 places in Cuyahoga 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 Olmsted Township
Is it hard to find a rental in Olmsted Township?
The rental vacancy rate in Olmsted Township, OH is 9.0% (±7.8 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 Olmsted Township tighter than it was?
In Olmsted Township, the rental vacancy rate went from 0.0% in 2015–2019 to 9.0% in 2020–2024 (+9.0 percentage points), a measurable increase.
How many homes are vacant in Olmsted Township?
An estimated 363 (±196) housing units, 6.1% 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 — Olmsted township, Cuyahoga County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Olmsted township, Cuyahoga County, 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 Olmsted township, Cuyahoga County, Ohio (county subdivision:58408, in state:39 county:035).
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 Olmsted Township at a glance
- Median rent in Olmsted Township
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- Renters and owners in Olmsted Township
- Income and affordability in Olmsted Township
- Home values in Olmsted Township
- Homeowner costs in Olmsted Township
- Property taxes in Olmsted Township
- Types of homes in Olmsted Township
- Bedrooms in Olmsted Township
- Age of homes in Olmsted Township
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- Commute and cars in Olmsted Township
- Crime reported to police in Olmsted Township
- Population growth in Olmsted Township
- How long people stay in Olmsted Township
- Crowding and facilities in Olmsted Township
- Fair Market Rent in Olmsted Township
- Ohio landlord and tenant rules
- Housing across Cuyahoga County
- Ohio places ranked by rental vacancy rate
- Housing data for every place in Ohio