U.S. Homeownership & Rental Vacancy Rates for Q3 2025

“In investing, what is comfortable is rarely profitable.” — Robert Arnott

The U.S. government is reporting that the national vacancy rates for Q3 2025 were 7.1% for rental housing and 1.2% for homeowner housing. The national homeownership rate for Q3 2025 was 65.3%. In addition, approximately 89.7% of the housing units in the United States in Q3 were occupied, and 10.3% were vacant. Owner-occupied housing units made up 58.6% of total housing units, while renter-occupied units made up 31.1% of the inventory. Vacant year-round units comprised 8% of total housing units, while 2.3% were vacant for seasonal use.