vacant ratio

Definitions

The percentage of all available units in a rental property, such as apartments or office space, that are unoccupied at a specific time.

A statistical measure used in real estate and economics to determine the proportion of vacant real estate inventory relative to the total supply.

Examples

The city council is concerned that the high vacant ratio in the downtown district is discouraging new business investment.

By analyzing the vacant ratio of the apartment complex, the property manager determined that lower rent prices were necessary to attract more tenants.

Synonyms

vacancy rate unoccupied percentage empty unit ratio idle capacity index

Antonyms

occupancy rate tenancy ratio fullness percentage utilization rate