Vacancy rate of commercial real estate in the U.S. 2020-2024, by property type

Published by Statista Research Department, Dec 6, 2024

The vacancy rate of office real estate in the United States was higher than any other property type in 2024. In the third quarter of the year, approximately 21 percent of office real estate was vacant, compared to 8.7 percent of multifamily. Shopping centers and industrial property had the lowest vacancy rates, at 5.4 percent and 6.4 percent, respectively.

Vacancy rate of commercial real estate in the United States from 1st quarter 2020 to 3rd quarter of 2024, by property type

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

October 2024

Region

United States

Survey time period

Q1 2020 to Q3 2024

Supplementary notes

The statistic has been compiled using data from different publications by the same source.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Commercial real estate in the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Commercial real estate in the United States

Overview

6

Market segments

8

Leading markets

8

Leading companies

6

Rent and vacancy rates

6

Further related statistics

12

Further Content: You might find this interesting as well

Statistics

Topics

Commercial mortgages in the U.S.Commercial real estate in the U.S.Office real estate in the U.S.Industrial and logistics real estate in the U.S.Mortgage industry in the U.S.
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.