What is the rental vacancy rate in Park Forest Village, PA?

Name: Vacancy rate in Park Forest Village, PA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Park Forest Village, PA is 12.8% (±8.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±1.5 points).

568 (±230) homes, 13.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Park Forest Village, the rental vacancy rate went from 4.5% in 2015–2019 to 12.8% in 2020–2024 (+8.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 12.8% (±8.1 points)
Homeowner vacancy rate: 0.0% (±1.5 points)
Vacant homes: 568 (±230)

Vacancy in Park Forest Village against Centre County, its state and the nation

Estimate (90% margin of error)
	Park Forest Village	Centre County	Pennsylvania	United States
Rental vacancy rate	12.8% (±8.1 points)	7.2% (±1.6 points)	4.9% (±0.2 points)	5.5%
Homeowner vacancy rate	0.0% (±1.5 points)	0.6% (±0.2 points)	0.8% (±0.1 points)	0.9%
Vacant housing units	568 (±230)	7,462 (±611)	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 Park Forest Village, the rental vacancy rate is not measurably different from Centre County (7.2%).

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

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Park Forest Village

Nearest places with a published estimate, compared with Park Forest Village
Place	Distance	Rental vacancy rate	Compared with this place
Park Forest Village	—	12.8% (±8.1 points)	—
Toftrees	2.1 mi	0.0% (±2.4 points)	Lower
State College	2.8 mi	7.6% (±2.5 points)	Not measurably different
Ferguson Township (Centre County)	4.2 mi	12.6% (±5.4 points)	Not measurably different
Pine Grove Mills	4.8 mi	56.4% (±40.3 points)	Higher
Houserville	4.9 mi	22.1% (±24.4 points)	Not measurably different
College Township	4.9 mi	4.1% (±3.7 points)	Not measurably different
Lemont	4.9 mi	0.0% (±12.3 points)	Not measurably different
Ramblewood	5.5 mi	0.0% (±27.8 points)	Not measurably different

Nearby places with a measurably lower figure: Toftrees, PA (0.0%).

Nearby places with a measurably higher figure: Pine Grove Mills, PA (56.4%).

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

Rental vacancy rate across Centre County, place by place

Rank	Place	Rental vacancy rate
1	Pine Grove Mills	56.4% (±40.3 points)
2	Houserville	22.1% (±24.4 points)
3	Park Forest Village	12.8% (±8.1 points)
4	Boalsburg	10.6% (±16.2 points)
5 (tie)	Lemont	0.0% (±12.3 points)
5 (tie)	Pleasant Gap	0.0% (±9.3 points)
5 (tie)	Ramblewood	0.0% (±27.8 points)
5 (tie)	Stormstown	0.0% (±38.9 points)
5 (tie)	Toftrees	0.0% (±2.4 points)

Showing 9 of 10 places in Centre County, ranked from highest to lowest.

Park Forest Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Patton Township, whose figures include it.

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 Park Forest Village

Is it hard to find a rental in Park Forest Village?

The rental vacancy rate in Park Forest Village, PA is 12.8% (±8.1 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 Park Forest Village tighter than it was?

In Park Forest Village, the rental vacancy rate went from 4.5% in 2015–2019 to 12.8% in 2020–2024 (+8.3 percentage points), not a measurable change.

How many homes are vacant in Park Forest Village?

An estimated 568 (±230) housing units, 13.0% 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 Park Forest Village CDP, Pennsylvania (place:58036, 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.