Rental Vacancy Rate Calculator

What is this? Vacancy is the single largest "phantom expense" landlords overlook. A unit sitting empty for 4 weeks/year sounds minor — but that's 8.3% of potential income gone. Add turnover costs (cleaning, repairs, marketing) and vacancy can eat 12-15% of your gross rent.

Industry benchmarks: Well-managed single-family: 3-5% vacancy. Average rental: 5-8%. High-turnover multi-family: 8-12%.

Who it's for: Landlords evaluating whether to lower rents (faster leasing) vs. holding out for higher rent.