Rental Vacancy Rate in the Midwest Census Region
RRVRMWQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
0.00%
Date Range
1/1/1956 - 4/1/2025
Summary
The Rental Vacancy Rate in the Midwest Census Region measures the percentage of rental housing units in the Midwest that are vacant and available for rent. This metric is a key indicator of housing market conditions and rental demand in the region.
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 tracks the supply and demand dynamics of the rental housing market in the Midwest. It is used by economists, policymakers, and real estate analysts to understand trends in rental affordability, investment, and the overall health of the regional housing sector.
Methodology
The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Historical Context
The Rental Vacancy Rate informs policy decisions around housing, urban development, and economic stimulus programs.
Key Facts
- The Midwest region includes 12 states in the central United States.
- Rental vacancy rates tend to be lower than homeowner vacancy rates.
- High vacancy rates can indicate an oversupply of rental units.
FAQs
Q: What does this economic trend measure?
A: The Rental Vacancy Rate in the Midwest Census Region measures the percentage of rental housing units in the Midwest that are vacant and available for rent.
Q: Why is this trend relevant for users or analysts?
A: The Rental Vacancy Rate is a key indicator of housing market conditions and rental demand in the Midwest region, informing decisions around housing policy, investment, and economic development.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: The Rental Vacancy Rate informs policy decisions around housing, urban development, and economic stimulus programs in the Midwest region.
Q: Are there update delays or limitations?
A: The Rental Vacancy Rate data is published quarterly, with a lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Rental Vacancy Rate in the Midwest Census Region (RRVRMWQ156N), retrieved from FRED.