The statistic represents the cities with the highest vacancy rates in the United States in 2012, sorted by city. In Memphis, the vacancy rate for rental housing units stood at approximately 15 percent.
U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies*
Characteristic
Homeowner vacancy rate
Rental vacancy rate
Orlando (Florida)
2.2%
18.8%
Dayton (Ohio)
5.4%
11.3%
Memphis (Tennessee)
3.1%
15%
Detroit (Michigan)
1.7%
16.9%
Richmond (Virginia)
2.4%
15.1%
Las Vegas (Nevada)
3.9%
11.9%
Atlanta (Georgia)
4.2%
11.3%
Houston (Texas)
1.9%
15.5%
Tampa (Florida)
3.2%
12.8%
Toledo (Ohio)
3.8%
11.5%
Created with Highcharts 7.2.2Vacancy rate18.8%18.8%11.3%11.3%15%15%16.9%16.9%15.1%15.1%11.9%11.9%11.3%11.3%15.5%15.5%12.8%12.8%11.5%11.5%2.2%2.2%5.4%5.4%3.1%3.1%1.7%1.7%2.4%2.4%3.9%3.9%4.2%4.2%1.9%1.9%3.2%3.2%3.8%3.8%Homeowner vacancy rateRental vacancy rateOrlando(Florida)Dayton(Ohio)Memphis(Tennessee)Detroit(Michigan)Richmond(Virginia)Las Vegas(Nevada)Atlanta(Georgia)Houston(Texas)Tampa(Florida)Toledo(Ohio)
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* 12-month average; the source does not specify the exact time period during which the data were collected.
According to the source, this list includes 10 cities with the most vacancies, using a weighted ranking of
both rental and homeowner vacancies based on a 12-month average of both kinds of vacancy rates to smooth out
sampling errors. Weights are assigned to rental and homeowner vacancies according to the national proportion
of homes to rental properties in the U.S.
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CNBC. (July 31, 2012). U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies* [Graph]. In Statista. Retrieved March 11, 2025, from https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/
CNBC. "U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies*." Chart. July 31, 2012. Statista. Accessed March 11, 2025. https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/
CNBC. (2012). U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies*. Statista. Statista Inc.. Accessed: March 11, 2025. https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/
CNBC. "U.S. Cities with The Highest Vacancy Rates as of July 2012, Based on a Weighted Average of Rental and Homeowner Vacancies*." Statista, Statista Inc., 31 Jul 2012, https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/
CNBC, U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies* Statista, https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/ (last visited March 11, 2025)
U.S. cities with the highest vacancy rates as of July 2012, based on a weighted average of rental and homeowner vacancies* [Graph], CNBC, July 31, 2012. [Online]. Available: https://www.statista.com/statistics/247168/us-cities-with-the-highest-vacancy-rates/
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