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Vacancy Rate

The share of rentable time or units sitting empty over a period, written as a percentage. A higher rate means more lost income and is a key input to any cash flow projection.

In an empty unit, a landlord checks a records folder while a prospective renter looks around, keys on the counter
  1. Share of units sitting empty
  2. Keys waiting for a new tenant
  3. Lower means steadier income

Where it matters

Look up the term in your agreement, report or local rule. Save the source and date so you can check the wording later.

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This page is general education. The current law, program rules, and specific housing records determine how a rental home is treated. Rentari provides software and written guides, not legal advice or licensed property management.

Put this into practice with Rentari's landlord software, tenant management software and rental property management software.

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