* The source adds the following information: "The Q2-Q4 2020 and Q1 2021 vacancy rates represent a break in the series because they are based on surveys conducted under COVID-19 restrictions and should be viewed with caution."
Citation formats
Multifamily vacancy rate in the U.S. 2010-2025, per quarter
The U.S. multifamily vacancy rate increased in 2025, after reaching one of the lowest levels on record in 2022. Approximately *** percent of multifamily homes were vacant in the fourth quarter of 2025.
U.S. multifamily housing sector
Multifamily housing, refers to a housing type where multiple apartments are contained within one housing unit, or when several buildings form a larger complex. Construction of such houses has been on the rise, as the industry struggles to meet housing demand. The average size of such a housing unit was  square feet.
Popularity among investors
Multifamily housing accounted for almost ** percent of the housing stock in the United States in 2021. This type of real estate is popular among investors because it tends to generate a steady cash flow, and be easy to obtain financing for.
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U.S. Department of Housing and Urban Development. (June 15, 2026). Multifamily vacancy rates in the United States from 1st quarter 2010 to 4th quarter 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/241286/us-multi-family-rent-growth-forecast/
U.S. Department of Housing and Urban Development. "Multifamily vacancy rates in the United States from 1st quarter 2010 to 4th quarter 2025." Chart. June 15, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/241286/us-multi-family-rent-growth-forecast/
U.S. Department of Housing and Urban Development. (2026). Multifamily vacancy rates in the United States from 1st quarter 2010 to 4th quarter 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/241286/us-multi-family-rent-growth-forecast/
U.S. Department of Housing and Urban Development. "Multifamily Vacancy Rates in The United States from 1st Quarter 2010 to 4th Quarter 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Jun 2026, /statistics/241286/us-multi-family-rent-growth-forecast/
U.S. Department of Housing and Urban Development, Multifamily vacancy rates in the United States from 1st quarter 2010 to 4th quarter 2025 ÌÇÐÄÆƽâ°æ, /statistics/241286/us-multi-family-rent-growth-forecast/ (last visited July 23, 2026)
Multifamily vacancy rates in the United States from 1st quarter 2010 to 4th quarter 2025 [Graph], U.S. Department of Housing and Urban Development, June 15, 2026. [Online]. Available: /statistics/241286/us-multi-family-rent-growth-forecast/
