Vacancy rate index of rental apartments in the U.S. 2023, by state
South Dakota was the U.S. state with the highest vacancy rate index in November 2023. Conversely, New Jersey, New Hampshire, and New York had the lowest vacancy rate index during that period. All three states had an index value of under 4.5 percent. According to the source, the index is calculated based on data on apartments listed on the Apartment List platform and changes in availability.
