Rental Vacancy Rate for Indiana
INRVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.90
Year-over-Year Change
-20.80%
Date Range
1/1/1986 - 1/1/2024
Summary
The Rental Vacancy Rate for Indiana measures the percentage of rental housing units that are vacant and available for rent. This metric provides insights into the state's rental housing market dynamics and is a key indicator used by economists and policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Rental Vacancy Rate for Indiana represents the share of rental housing units that are unoccupied and actively being offered for rent. This statistic is a useful barometer of supply and demand conditions in Indiana's rental market, informing housing policy decisions and investment strategies.
Methodology
The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Historical Context
Rental vacancy rates are closely monitored by real estate analysts, property investors, and government agencies to assess housing market health and guide policy.
Key Facts
- Indiana's rental vacancy rate was 5.7% as of the latest data.
- Rental vacancies have trended downward since the Great Recession.
- Tight rental markets can constrain household mobility and affordability.
FAQs
Q: What does the Rental Vacancy Rate for Indiana measure?
A: The Rental Vacancy Rate for Indiana measures the percentage of rental housing units in the state that are vacant and available for rent.
Q: Why is the Rental Vacancy Rate relevant for users or analysts?
A: The Rental Vacancy Rate is a key indicator of supply and demand conditions in Indiana's rental housing market, providing insights that inform investment decisions, housing policies, and economic analyses.
Q: How is the Rental Vacancy Rate data collected or calculated?
A: The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Q: How is the Rental Vacancy Rate used in economic policy?
A: Rental vacancy rates are closely monitored by government agencies, real estate analysts, and property investors to assess housing market health and guide policy decisions.
Q: Are there any update delays or limitations with the Rental Vacancy Rate data?
A: The Rental Vacancy Rate data is subject to the release schedule of the Census Bureau's Housing Vacancy Survey, which is published quarterly.
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Citation
U.S. Federal Reserve, Rental Vacancy Rate for Indiana (INRVAC), retrieved from FRED.