What is the rental vacancy rate in Franklin (Venango County), PA?

The rental vacancy rate in Franklin (Venango County), PA is 2.6% (±2.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.7% (±3.2 points).

399 (±108) homes, 13.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Franklin (Venango County), the rental vacancy rate went from 3.3% in 2015–2019 to 2.6% in 2020–2024 (−0.7 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
2.6% (±2.6 points)
Homeowner vacancy rate
2.7% (±3.2 points)
Vacant homes
399 (±108)

Vacancy in Franklin (Venango County) against Venango County, its state and the nation

Estimate (90% margin of error)
Franklin (Venango County)Venango CountyPennsylvaniaUnited States
Rental vacancy rate2.6% (±2.6 points)3.0% (±1.7 points)4.9% (±0.2 points)5.5%
Homeowner vacancy rate2.7% (±3.2 points)1.5% (±0.7 points)0.8% (±0.1 points)0.9%
Vacant housing units399 (±108)4,847 (±286)531,599 (±8,998)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 Franklin (Venango County), the rental vacancy rate is not measurably different from Venango County (3.0%).

It is not measurably different from Pennsylvania (4.9%).

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

Rental vacancy rate in places near Franklin (Venango County)

Nearest places with a published estimate, compared with Franklin (Venango County)
PlaceDistanceRental vacancy rateCompared with this place
Franklin (Venango County)—2.6% (±2.6 points)—
Sandycreek Township2.8 mi0.0% (±31.0 points)Not measurably different
Sugarcreek4.0 mi0.0% (±10.9 points)Not measurably different
Polk5.1 mi0.0% (±43.7 points)Not measurably different
Victory Township5.5 mi0.0% (±66.3 points)Not measurably different
Frenchcreek Township5.9 mi16.3% (±13.7 points)Not measurably different
Seneca6.6 mi0.0% (±13.2 points)Not measurably different
Woodland Heights7.0 mi8.6% (±10.8 points)Not measurably different
Oil City7.2 mi3.4% (±4.0 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 Venango County, place by place

RankPlaceRental vacancy rate
2Barkeyville27.8% (±37.8 points)
3Oil Creek Township (Venango County)23.8% (±33.8 points)
4Frenchcreek Township16.3% (±13.7 points)
5Scrubgrass Township4.5% (±7.1 points)
6Cranberry Township (Venango County)3.9% (±5.0 points)
7Oil City3.4% (±4.0 points)
8Franklin (Venango County)2.6% (±2.6 points)
9 (tie)Clintonville0.0% (±29.7 points)
9 (tie)Cooperstown0.0% (±59.3 points)
9 (tie)Emlenton0.0% (±21.9 points)
9 (tie)Polk0.0% (±43.7 points)
9 (tie)Rouseville0.0% (±36.3 points)
9 (tie)Sugarcreek0.0% (±10.9 points)

Showing 13 of 31 places in Venango 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 Franklin (Venango County)

Is it hard to find a rental in Franklin (Venango County)?

The rental vacancy rate in Franklin (Venango County), PA is 2.6% (±2.6 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 Franklin (Venango County) tighter than it was?

In Franklin (Venango County), the rental vacancy rate went from 3.3% in 2015–2019 to 2.6% in 2020–2024 (−0.7 percentage points), not a measurable change.

How many homes are vacant in Franklin (Venango County)?

An estimated 399 (±108) housing units, 13.2% 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 Franklin city, Pennsylvania (place:27456, in state:42).

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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