Rent collection

11 Rental Housing Statistics for US Landlords in 2026

US vacancy
7.1%
2025 · 6.8% in 2024 (+0.3 points)
Lowest state
2.2%
Maine · 2025
Highest state
11.1%
Louisiana · 2025
Annual estimates: (Census Bureau, March 2026)
US rental vacancy, 1986–2025
US annual rental vacancy, 1986 to 2025The US rental vacancy rate was 7.3 percent in 1986, peaked at 10.6 percent in 2009 and was 7.1 percent in 2025. Full values are available in the CSV. 0%5%10%15% 19861996200620162025 7.1%

The US rate peaked at 10.6% in 2009 and reached 7.1% in 2025. These are annual estimates, not a prediction for a property.

Key takeaways

Rental vacancy rates by state

Point estimates are not precise rankings; sampling uncertainty limits comparisons between places.

2025 annual estimates use 11 months because October data were not collected. The prior year is shown for comparison. Margin of error is ± percentage points at 90% confidence; overlapping intervals do not establish a difference.

All 50 states, DC and the US are shown.

Annual rental vacancy rates, percent
Location20242025Change
points
Margin
± points
United States6.87.10.3—
Alabama10.19.5-0.61.5
Alaska4.95.30.41.4
Arizona8.88.4-0.41.6
Arkansas9.810.10.31.6
California4.84.80.00.5
Colorado4.55.81.31.4
Connecticut2.94.71.81.4
Delaware3.85.61.81.7
District of Columbia6.87.91.10.9
Florida10.010.20.21.0
Georgia8.36.6-1.71.1
Hawaii7.48.71.31.6
Idaho5.16.21.11.3
Illinois6.55.7-0.80.9
Indiana9.98.9-1.01.6
Iowa8.07.9-0.11.9
Kansas5.46.41.01.5
Kentucky6.96.6-0.31.7
Louisiana9.411.11.71.5
Maine2.92.2-0.71.3
Maryland5.75.70.01.5
Massachusetts3.23.40.20.8
Michigan6.88.01.21.5
Minnesota5.45.1-0.31.5
Mississippi7.67.60.01.6
Missouri8.79.40.71.7
Montana4.25.91.71.3
Nebraska5.45.90.51.5
Nevada8.16.5-1.61.3
New Hampshire4.03.9-0.11.3
New Jersey3.64.91.31.0
New Mexico6.66.60.01.4
New York5.55.3-0.20.6
North Carolina6.46.40.01.1
North Dakota7.87.3-0.51.4
Ohio5.85.90.11.1
Oklahoma7.97.7-0.21.4
Oregon6.77.60.91.4
Pennsylvania6.96.6-0.31.1
Rhode Island2.64.01.41.4
South Carolina10.69.8-0.81.8
South Dakota7.66.7-0.91.6
Tennessee8.28.70.51.4
Texas9.211.01.80.8
Utah4.87.62.81.5
Vermont3.73.0-0.71.2
Virginia5.66.00.41.3
Washington6.06.60.61.2
West Virginia9.88.9-0.91.8
Wisconsin4.17.13.01.7
Wyoming5.57.11.61.7

Source: Census Bureau CPS/HVS annual tables. Table 3 supplies rates; Table B-3 supplies 2025 state margins. The US figure is the Census estimate.

Best Landlord Software. 11 Rental Housing Statistics for US Landlords in 2026. Published October 28, 2026. https://bestlandlordsoftware.com/rent-collection/rental-housing-statistics/

How vacant is US rental housing?

Annual figures provide a full-year benchmark; quarterly estimates describe a different period.

Period US rental vacancy
2024 annual 6.8%
2025 annual 7.1%
Q3 2026 7.6%

How much rent do US renters pay, and how often do payments fall behind?

The Federal Reserve surveyed adults in October 2025; its rent figures are reported payments, not asking rents or gross rent including utilities.

Measure 2025 finding
Median positive monthly rent payment $1,200
Behind on rent during the past year 23% of renters
Rent payments reported to a credit bureau 8% of renters
Moved due to eviction or its threat in the past year 2% of renters

How many renter households face severe affordability problems?

Worst case housing needs means very-low-income renters without housing assistance who pay over half their income for rent, live in severely inadequate housing, or both.

2023 population Affordable and available units per 100 households
Very-low-income renter households 59
Extremely-low-income renter households 38

Where does a rent dollar go?

NAA’s same-property study covers 13,471 apartment communities with roughly 1.7 million units; these figures are not an estimate of every small landlord’s profit.

Measure 2025 same-property sample
Rent covering financing, costs, taxes, payroll and capital reserves 89 cents per dollar
Revenue growth from 2024 2.7%
Operating-expense growth from 2024 4.6%

Can every household use a bank-based rent-payment service?

FDIC figures cover all US households, rather than renters alone; they help explain why a digital payment option is not universal access.

2023 household measure Share
No bank or credit-union account 4.2%
Underbanked 14.2%
Mobile banking was primary account-access method, among banked households 48.3%
No mainstream credit access 15.7%
Relied entirely on cash, among unbanked households 66.2%

How widely is ACH used?

These totals cover the entire ACH Network, not rent payments; they do not measure landlord adoption or promise any provider’s settlement time.

2025 payment network Annual payments
All ACH Network payments 35.2 billion
Same Day ACH payments 1.4 billion

What do tenant-screening complaints reveal?

CFPB complaint totals describe reported problems, not the error rate across all screening reports.

January 2019–September 2022 complaint category Approximate complaints
All tenant-screening complaints 26,700
Incorrect information More than 17,200
Problems with the company’s investigation 5,000
Improper report use More than 3,200

How costly are fake rental listings?

FTC figures describe reported rental scams; unreported losses are outside these totals.

Reported rental-scam measure Finding
Losses, January 2020–June 2025 About $65 million
Median reported loss, January 2020–June 2025 $1,000
Reporting a monetary loss, ages 18–29 versus other adults, July 2024–June 2025 Three times as likely

How important is internet access at move-in?

NMHC’s 2024 survey covered more than 172,000 renters in 4,220 communities; the result describes respondents to that survey.

2024 NMHC/Grace Hill survey item Respondents
Internet ready immediately at move-in was very important or absolutely essential 87%

Are utility prices rising faster than rents?

CPI compares prices over time; these are national urban consumer indexes, not local lease offers.

CPI-U category September 2025–September 2026 increase, not seasonally adjusted
Rent of primary residence 2.8%
Water, sewer and trash collection services 4.8%

Methods

30 candidate figures checked, 11 kept as distinct findings. Supporting measurements remain in the tables; each original source page supplies one counted finding. Findings were retained when the original government agency or trade body stated the figure, period and population. Table rows and repeated takeaways are not additional findings. The vacancy table combines the Census annual state series with its 2025 state margins of error. Annual figures, quarterly figures, asking rents, reported payments and survey populations remain separate. The 2025 annual estimates use 11 months because October data were not collected during a lapse in federal funding. Historical collection and weighting changes can affect comparisons, particularly the pandemic period.

The source periods run from 1986 to 2026. Recheck after the next Census quarterly release; review the complete page by January 28, 2027. Send a correction with the figure and original publication through our contact form. The compiled CSV is available under CC BY 4.0; credit Best Landlord Software and the Census Bureau.

For a payment workflow, use our rent-collection process guide. For report handling, use the tenant-screening checklist.

Sources