5 US Cities with the Lowest Rental Vacancy Rates

2. Omaha-Council Bluffs   

Rental Vacancy Rate: 2.3

Second on our list of the 20 US cities with the lowest rental vacancy rates is Omaha and Council Bluffs, also known as the Omaha metropolitan area. The principal city of the region is Omaha, the most populous and the largest in area. These cities have a low cost of living in terms of housing, transportation, and utilities, therefore a large population is inclined to live here resulting in a low rental vacancy rate. In Omaha and Council Bluffs, the rental vacancy rate is at 2.3.