20 US Cities with the Highest Rental Vacancy Rates

Published on December 29, 2023 at 10:45 am by Fateha Maqbool in Business, Industries, Lists, News

In this article, we will look at 20 US cities with the highest rental vacancy rates. If you want to skip our detailed analysis of the real estate industry, you can go to the 5 US Cities with the Highest Rental Vacancy Rates.

Residential Real Estate Market and Its Latest Trends

According to a report published by Mordor Intelligence, the residential real estate market was valued at $10.50 trillion in 2023. The real estate industry is expected to progress further and grow at a compound annual growth rate (CAGR) of 6.07% from 2024 to 2028, reaching $14.10 trillion by the end of the forecasted period. The residential real estate market withstood the disruption and adverse effects of COVID-19 and the market has since then steadfastly recovered. In the US inflation affected the real estate industry significantly. However, for middle-aged and senior citizens, the homeownership sector continued to flourish with higher demand for condominiums and apartments as opposed to houses. This reflects that the younger age group of the population is more inclined towards opting for rentals instead of investing in homeownership. Low incomes, job uncertainty, and high cost of living are the prime factors contributing to this trend.

Furthermore, on a closer inspection of the residential market trends in the US, it is evident that the real estate market is segregated into larger and smaller companies. The top 50 companies in the market dominate and control nearly 30 to 40 percent of the market share. However, smaller companies can compete effectively as they offer expertise in specific localities, therefore creating a stronger local portfolio. Let’s now take a look at some of the top real estate companies which include JLL (NYSE:JLL), CBRE Group, Inc. (NYSE:CBRE), and Compass, Inc. (NYSE:COMP).

Prominent Residential Real Estate Companies in the US

JLL (NYSE:JLL), a US-based Fortune 500 commercial real estate and investment management company has clients across 80 countries. The company helps its clients in the construction, buying, and selling of commercial, industrial, hotel, and retail properties. On December 21, JLL (NYSE:JLL) announced that JLL Capital Markets secured a facility of $55.7 million on behalf of Saxum Real Estate, a national real estate investment and development firm. The fund is to finance the construction of a luxury 187-unit housing development in the Northern Liberties area of Philadelphia. This two-phased development project financed through JLL (NYSE:JLL) is expected to complete phase one with occupancy by September 2024, with the second phase targeted for completion in August 2025.

CBRE Group, Inc. (NYSE:CBRE), with a client base across 100 countries, is the world’s largest commercial real estate and investment services firm. On November 17, CBRE Group, Inc. (NYSE:CBRE) announced that its Board of Directors appointed Robert Sulentic as the Chair of the Board of Directors, in addition to his existing role as the Chief Executive Officer of the CBRE Group Inc. (NYSE:CBRE). Sulentic is succeeding Brandon Boze, who has been the chair since May 2018, with immediate effect.

Compass, Inc. (NYSE:COMP) is a US-based residential real estate brokerage firm with a platform of 28,000 independently operating agents. On December 15, the company announced that Sally Forrester and Tomer Fridman, representatives of Compass, Inc. (NYSE:COMP), together with The Fridman Group International’s Amir Ensani will handle the sales of the homes at Beverly West. The project is a luxury 22-story high-rise with 35 boutique-style apartments. The two specialist teams will work together to ensure the smooth sales of the penthouses and residences at Beverly West, owned by Emaar Properties, a Dubai-based property tycoon.

20 US Cities with the Highest Rental Vacancy Rates

Methodology

To list the 20 US cities with the highest rental vacancy rates, we used data collected by the US Census Bureau. The data obtained from the report suggests the rental vacancy rates for US metropolitan areas as recorded in the fourth quarter of 2022. Metropolitan areas in the United States often consist of several cities or counties collectively, while certain larger cities are officially metropolitan areas as well due to their large population and area. For our list, we have highlighted the principal city in each metropolitan area to reflect the high rental vacancy rate of the top 20 US cities. The list is arranged in ascending order of rental vacancy rates.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

20 US Cities with the Highest Rental Vacancy Rates

20. Tampa- St Petersburg-Clearwater

Rental Vacancy Rate: 7.5%

Tampa- St Petersburg-Clearwater, also known as the Tampa Bay area, is a major metropolitan area surrounding Tampa Bay on the Gulf Coast of Florida. Tampa, St. Petersburg, and Clearwater are the three main cities and according to the latest reported data, the rental vacancy rate in Tampa- St Petersburg-Clearwater is 7.5%.

19. Cincinnati

Rental Vacancy Rate: 7.9%

The Cincinnati metropolitan area, where Cincinnati is the largest city, is mainly located in Ohio and Kentucky. It also includes surrounding counties in the US states of Ohio, Kentucky, and Indiana. With a rental vacancy rate of 7.9%, Cincinnati ranks among the 20 US cities with the highest rental vacancy rate.

18. St. Louis

Rental Vacancy Rate: 8.2%

St. Louis, or the Greater St. Louis is a bi-state metropolitan statistical area with its core in both the US states of Missouri and Illinois. The city of St. Louis is its largest principal city, and the rental vacancy rate here is 8.2%.

17. New Orleans

Rental Vacancy Rate: 8.2%

The New Orleans metropolitan area, also known as Greater New Orleans, is the most populated metropolitan area in Louisiana. New Orleans is also the largest regional economy in Louisiana, and the rental vacancy rate here is 8.2%.

16. Tulsa

Rental Vacancy Rate: 8.2%

Centered around the city of Tulsa, the Tulsa metropolitan area is a metropolis in Northeastern Oklahoma. With a vacancy rate of 8.2%, Tulsa ranks among the US cities with the highest rental vacancy rate.

15. Tucson

Rental Vacancy Rate: 8.2%

Tucson is a metropolitan statistical area in the US state of Arizona that ranks among the top 15 US cities with the highest rental vacancy rate. It is centered around the city of Tucson, which is the second most populated city in Arizona. The rental vacancy rate in Tucson is 8.2%.

14. Virginia Beach-Norfolk-Newport News

Rental Vacancy Rate: 8.3%

The Virginia Beach-Norfolk-Newport News, also known as the Hampton Roads metropolitan statistical area, ranks 14th on our list of US cities with the highest rental vacancy rate. According to recently reported data, it has a rental vacancy rate of 8.3%. The area, mainly located in the US state of Virginia, includes the cities of Norfolk, Virginia Beach, Chesapeake, Hampton, Newport News, and Portsmouth.

13. Kansas City

Rental Vacancy Rate: 8.9%

The Kansas City metropolitan area is a bi-state metropolitan area in the US states of Kansas and Missouri. Kansas City is the main city in this metropolitan area, and the rental vacancy rate here is 8.9% according to recently reported data.

12. Knoxville

Rental Vacancy Rate: 9%

The Knoxville metropolitan area, also referred to as Greater Knoxville, is the third largest metropolitan statistical area in the US state of Tennessee. The principal city of the Knoxville metropolitan area is Knoxville, Tennessee. Knoxville has a rental vacancy rate of 9% and ranks 12th on our list of US cities with the highest rental vacancy rate.

11. Dayton

Rental Vacancy Rate: 9.5%

The Dayton metropolitan area, also known as Greater Dayton, is located in the Miami Valley region of Ohio. Dayton is the largest city and the urban center of the Dayton metropolitan area. With a rental vacancy rate of 9.5%, Dayton ranks among the US cities with the highest rental vacancy rate.

10. Indianapolis-Carmel-Anderson

Rental Vacancy Rate: 9.8%

Indianapolis-Carmel-Anderson, also known as the Indianapolis metropolitan area, is the largest metropolitan area that is completely within the US state of Indiana. The main cities in the Indianapolis metropolitan area are Indianapolis, Carmel, Greenwood, and Anderson. The rental vacancy rate in the Indianapolis metropolitan area is 9.8%. It ranks among the top 10 on our list of US cities with the highest rental vacancy rate.

9. Charleston-North Charleston-Summerville

Rental Vacancy Rate: 9.8%

The Charleston-North Charleston-Summerville, or simply Charleston metropolitan area, is an urban area centered around the city of Charleston, South Carolina. The Charleston metropolitan area has a rental vacancy rate of 9.8%.

8. Houston-The Woodlands-Sugar Land

Rental Vacancy Rate: 10.5%

The Houston-The Woodlands-Sugar Land metropolitan statistical area, also known as Greater Houston, is the second-most populated metropolitan statistical area in the US state of Texas. It is also the fifth-most populated metropolitan area in the United States. Greater Houston has a rental vacancy rate of 10.5%.

7. Greensboro-High Point

Rental Vacancy Rate: 11.7%

Greensboro-High Point is a metropolitan area in the US state of North Carolina. It is centered around the city of Greensboro, which is the third-most populated city in North Carolina. According to recently reported data, Greensboro-High Point has a rental vacancy rate of 11.7%.

6. Cape Coral- Fort Myers

Rental Vacancy Rate: 11.8%

Cape Coral – Fort Myers is a metropolitan statistical area in the US state of Florida. The largest and principal city of this metropolitan statistical area is Cape Coral, Florida. The rental vacancy rate here is 11.8%, and it ranks high among the US cities with the highest rental vacancy rate.

Click to continue reading and see 5 US Cities with the Highest Rental Vacancy Rates.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

20 US Cities with the Highest Rental Vacancy Rates

Published on December 29, 2023 at 10:45 am by Fateha Maqbool in Business, Industries, Lists, News

Residential Real Estate Market and Its Latest Trends

Prominent Residential Real Estate Companies in the US

20 US Cities with the Highest Rental Vacancy Rates

20. Tampa- St Petersburg-Clearwater

19. Cincinnati

18. St. Louis

17. New Orleans

16. Tulsa

15. Tucson

14. Virginia Beach-Norfolk-Newport News

13. Kansas City

12. Knoxville

11. Dayton

10. Indianapolis-Carmel-Anderson

9. Charleston-North Charleston-Summerville

8. Houston-The Woodlands-Sugar Land

7. Greensboro-High Point

6. Cape Coral- Fort Myers

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

20 US Cities with the Highest Rental Vacancy Rates

Published on December 29, 2023 at 10:45 am by Fateha Maqbool in Business, Industries, Lists, News

Share

Residential Real Estate Market and Its Latest Trends

Prominent Residential Real Estate Companies in the US

20 US Cities with the Highest Rental Vacancy Rates

20. Tampa- St Petersburg-Clearwater

19. Cincinnati

18. St. Louis

17. New Orleans

16. Tulsa

15. Tucson

14. Virginia Beach-Norfolk-Newport News

13. Kansas City

12. Knoxville

11. Dayton

10. Indianapolis-Carmel-Anderson

9. Charleston-North Charleston-Summerville

8. Houston-The Woodlands-Sugar Land

7. Greensboro-High Point

6. Cape Coral- Fort Myers

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff