Multifamily vacancy rates explained: A guide for investors
MRI Software
SEPTEMBER 14, 2024
Did you know that the average vacancy rate for multifamily properties in the U.S. hovers around 6% ? Understanding this key metric is crucial for any real estate investor. Vacancy rates not only indicate the health of the rental market but also directly impact your rental income and investment returns. In this blog, we’ll break down what multifamily vacancy rates are, explore the factors that influence them, and discuss strategies to keep your vacancy rates low.
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