What is the rental vacancy rate in Red Bank, TN?
The rental vacancy rate in Red Bank, TN is 1.1% (±1.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.8% (±1.0 points).
441 (±169) homes, 6.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Red Bank, the rental vacancy rate went from 10.8% in 2015–2019 to 1.1% in 2020–2024 (−9.7 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 1.1% (±1.8 points)
- Homeowner vacancy rate
- 0.8% (±1.0 points)
- Vacant homes
- 441 (±169)
Vacancy in Red Bank against Hamilton County, its state and the nation
| Red Bank | Hamilton County | Tennessee | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.1% (±1.8 points) | 4.0% (±0.8 points) | 6.1% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.8% (±1.0 points) | 1.2% (±0.5 points) | 0.9% (±0.1 points) | 0.9% |
| Vacant housing units | 441 (±169) | 13,832 (±1,026) | 319,393 (±6,990) | 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 Red Bank, the rental vacancy rate is lower than in Hamilton County (4.0%).
It is also lower than in Tennessee (6.1%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Red Bank
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Red Bank | — | 1.1% (±1.8 points) | — |
| Signal Mountain | 3.4 mi | 16.1% (±17.2 points) | Not measurably different |
| Walden | 3.7 mi | 6.4% (±10.5 points) | Not measurably different |
| Chattanooga | 4.2 mi | 4.7% (±1.0 points) | Higher |
| Fairmount | 5.5 mi | 0.0% (±37.8 points) | Not measurably different |
| Ridgeside | 6.0 mi | 0.0% (±82.3 points) | Not measurably different |
| Falling Water | 6.2 mi | 0.0% (±36.7 points) | Not measurably different |
| Lone Oak | 7.4 mi | 0.0% (±28.3 points) | Not measurably different |
| Middle Valley | 7.8 mi | 0.0% (±5.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Chattanooga, TN (4.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Hamilton County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 4 | Harrison | 5.8% (±9.0 points) |
| 5 | Apison | 5.1% (±10.8 points) |
| 6 | Chattanooga | 4.7% (±1.0 points) |
| 7 | Soddy-Daisy | 4.5% (±5.1 points) |
| 8 | East Ridge | 2.7% (±1.8 points) |
| 9 | Collegedale | 2.4% (±3.8 points) |
| 10 | Red Bank | 1.1% (±1.8 points) |
| 11 (tie) | Fairmount | 0.0% (±37.8 points) |
| 11 (tie) | Falling Water | 0.0% (±36.7 points) |
| 11 (tie) | Flat Top Mountain | 0.0% (±100.0 points) |
| 11 (tie) | Lookout Mountain | 0.0% (±46.2 points) |
| 11 (tie) | Middle Valley | 0.0% (±5.5 points) |
| 11 (tie) | Mowbray Mountain | 0.0% (±38.5 points) |
Showing 13 of 18 places in Hamilton 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 Red Bank
Is it hard to find a rental in Red Bank?
The rental vacancy rate in Red Bank, TN is 1.1% (±1.8 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 Red Bank tighter than it was?
In Red Bank, the rental vacancy rate went from 10.8% in 2015–2019 to 1.1% in 2020–2024 (−9.7 percentage points), a measurable decrease.
How many homes are vacant in Red Bank?
An estimated 441 (±169) housing units, 6.7% 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 — Red Bank city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Red Bank city, Tennessee
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 Red Bank city, Tennessee (place:61960, in state:47).
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
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- Population growth in Red Bank
- How long people stay in Red Bank
- Crowding and facilities in Red Bank
- Fair Market Rent in Red Bank
- Tennessee landlord and tenant rules
- Housing across Hamilton County
- Tennessee places ranked by rental vacancy rate
- Housing data for every place in Tennessee