Raw Data: The Rental Vacancy Rate in the US

This is, once again, only national data, but it still provides a useful big picture view of what the rental market looks like. When the rental vacancy rate is low, it means the market is tight and rents are likely to increase. Here’s the national vacancy rate for as long as we have data for:

The rental market was noticeably loose during the aughts and then tightened during the Great Recession. But it’s not unusually tight right now. In fact, it’s right at its average for the past 60 years.

This doesn’t tell you anything about, say, the Bay Area or New York City. However, it does tell you that, overall, the market right now is fairly normal. There doesn’t really seem to be any big immediate need for a national program to boost housing.

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LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

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