What is the rental vacancy rate in Mineral Wells, TX?

The rental vacancy rate in Mineral Wells, TX is 6.4% (±3.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 4.0% (±2.5 points).

691 (±178) homes, 10.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Mineral Wells, the rental vacancy rate went from 7.4% in 2015–2019 to 6.4% in 2020–2024 (−1.0 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
6.4% (±3.7 points)
Homeowner vacancy rate
4.0% (±2.5 points)
Vacant homes
691 (±178)

Vacancy in Mineral Wells against Palo Pinto County, its state and the nation

Estimate (90% margin of error)
Mineral WellsPalo Pinto CountyTexasUnited States
Rental vacancy rate6.4% (±3.7 points)6.4% (±3.1 points)7.7% (±0.1 points)5.5%
Homeowner vacancy rate4.0% (±2.5 points)2.2% (±1.2 points)1.1% (±0.1 points)0.9%
Vacant housing units691 (±178)3,972 (±254)1,135,699 (±15,068)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 Mineral Wells, the rental vacancy rate is not measurably different from Palo Pinto County (6.4%).

It is not measurably different from Texas (7.7%).

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

Rental vacancy rate in places near Mineral Wells

Nearest places with a published estimate, compared with Mineral Wells
PlaceDistanceRental vacancy rateCompared with this place
Mineral Wells—6.4% (±3.7 points)—
Cool4.2 mi0.0% (±100.0 points)Not measurably different
Millsap6.4 mi36.4% (±45.5 points)Not measurably different
Peaster12 mi0.0% (±50.5 points)Not measurably different
Graford13 mi0.0% (±63.1 points)Not measurably different
Weatherford18 mi8.1% (±4.4 points)Not measurably different
Western Lake21 mi100.0% (±60.5 points)Higher
Carter21 mi0.0% (±55.5 points)Not measurably different
Lipan21 mi0.0% (±80.3 points)Not measurably different

Nearby places with a measurably higher figure: Western Lake, TX (100.0%).

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

Rental vacancy rate across Palo Pinto County, place by place

RankPlaceRental vacancy rate
1Mineral Wells6.4% (±3.7 points)
2 (tie)Gordon0.0% (±59.7 points)
2 (tie)Graford0.0% (±63.1 points)
2 (tie)Mingus0.0% (±68.3 points)
2 (tie)Strawn0.0% (±54.8 points)

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 Mineral Wells

Is it hard to find a rental in Mineral Wells?

The rental vacancy rate in Mineral Wells, TX is 6.4% (±3.7 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 Mineral Wells tighter than it was?

In Mineral Wells, the rental vacancy rate went from 7.4% in 2015–2019 to 6.4% in 2020–2024 (−1.0 percentage points), not a measurable change.

How many homes are vacant in Mineral Wells?

An estimated 691 (±178) housing units, 10.7% 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 Mineral Wells city, Texas (place:48684, in state:48).

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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