Vacancy Rates and Vacant Units
Rental Occupancy StatisticsYear | Vacancy Rates | Vacancy Units | Number of Units Surveyed |
---|---|---|---|
1987 | 4.3% | 2,088 | 48,549 |
1988 | 4.7% | 2,377 | 50,566 |
1989 | 4.1% | 2,143 | 52,264 |
1990 | 5.2% | 2,759 | 52,716 |
1991 | 6.5% | 3,581 | 55,269 |
1992 | 6.1% | 3,430 | 56,311 |
1993 | 5.3% | 2,970 | 56,269 |
1994 | 4.3% | 2,480 | 57,445 |
1995* | n/a | n/a | n/a |
1996 | 4.7% | 2,742 | 58,035 |
1997 | 4.4% | 2,565 | 58,035 |
1998 | 3.9% | 2,297 | 58,533 |
1999 | 3.0% | 1,759 | 58,939 |
2000 | 2.4% | 1,461 | 60,083 |
2001 | 1.8% | 1,022 | 57,052 |
2002 | 3.7% | 2,127 | 57,362 |
2003 | 4.0% | 2,249 | 56,158 |
2004 | 5.5% | 3,193 | 57,673 |
2005 | 4.9% | 2,770 | 55,991 |
2006 | 4.3% | 2,364 | 55,540 |
NOTES: *No survey was taken in 1995 Source: Montgomery County Department of Housing and Community Affairs, Rental Apartment Vacancy Report; M-NCPPC Research & Technology Center. Updated March, 2007 |