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Vacancy rate calculator

Compute the vacancy rate of a rental portfolio from vacant and total units.

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Need Vacancy rate? The Vacancy rate calculator derives it from Vacant units, Total units in one step. For instance, with Vacant units = 3 and Total units = 40 it returns Vacancy rate = 7.5%.

How to use it

  1. Enter your values: Vacant units, Total units.
  2. Read the result instantly: Vacancy rate.

Frequently asked questions

What does the Vacancy rate calculator actually compute?

It takes Vacant units and Total units and derives Vacancy rate from them. The calculation is live as you type, so the result updates on every change.

What information do I need to provide?

2 values: Vacant units and Total units. Nothing else is required — no account, no file upload.

Can you show a worked example?

With Vacant units = 3 and Total units = 40, the calculator returns Vacancy rate = 7.5%. Those figures come from running this exact tool, so you can reproduce them by entering the same values.

What does it give for smaller values?

Scaled down to Vacant units = 2 and Total units = 20, Vacancy rate comes out at 10%. The relationship is worth checking at both ends before you rely on a single result.

When would I actually use this?

Setting or checking a rent, working out the yield a property really returns, and splitting a part-month at the start or end of a tenancy.

What is the most common mistake?

Quoting a gross yield. Once charges, tax, insurance, management and vacancy are taken out, the net figure is routinely a third to a half lower.

What is the difference between the Vacancy rate calculator and the Cap rate calculator?

This one returns Vacancy rate; the Cap rate calculator returns Cap rate and Net operating income (yr). That is the whole difference — open the one whose figure you need.

Is there a tool for the next step?

Rental property calculator is the closest one after this: Analyse a rental property like an investor: from the price, financing, rent and operating costs it works out the monthly mortgage, the cash flow, the capitalisation rate, the cash-on-cash return and the gross yield — the core numbers that tell you whether a deal makes money.

What else is worth having open alongside it?

Rent Split Calculator and Rental cash-flow calculator — they come up in the same task often enough to be worth a second tab.

Where do the figures come from, and how current are they?

The arithmetic is exact for the figures you enter; rent caps, indexation rules and deposit limits are set locally and differ even between cities in the same country.

Further reading

All guides →
ExplainerVacancy Is Not a Percentage You Lose — It Is a Month You Do Not CollectSix weeks empty is 11.11 percent vacancy on a one-year tenancy and 4.00 percent on a three-year one. The break-even rent increase that justifies risking that void is 29.52 percent over a year and 8.99 percent over three.ExplainerWhat a Housing Voucher Actually PaysThe tenant's share is a percentage of adjusted income; the subsidy is the gap up to a payment standard. On $29,040 of adjusted income the tenant pays $726 and the agency pays $774 — and a 40 percent gate decides whether the lease is allowed at all.ExplainerThe Most Rent You Should Agree ToThree different numbers decide a letting: the rent the agent screens, the total occupancy cost your budget has to survive, and the cash due at signing. On a $1,800 listing they are $1,800, $2,095 and $3,600.ExplainerWhat a Rent Increase Is Allowed to BeFive of six markets index the permitted increase to a published statistic, and each names a different one. The arithmetic is universal: on a $1,500 rent, ten years at a 1 percent index leaves you 25.38 percent below a market that grew 4 percent.ExplainerWhat a Rental Property Actually EarnsGross rent minus mortgage says $15,934. The real cash flow is $1,392.56. Here is the full profit-and-loss account line by line, and the four separate returns a rental produces — of which cash flow is the smallest.ExplainerThe Gross Rent Multiplier Is Not a YieldGRM is price divided by annual gross rent — a screening ratio that ignores vacancy, costs, financing and tax. Two properties at $300,000 with $25,000 of rent both score 12.0, and one yields 5.83 percent while the other yields 3.75.
Vacancy rate calculator — OneKitly