Occupancy Rate Calculator

Your details

Unit-based is standard for apartment and commercial buildings. Time-based suits hotels and short-term rentals. Economic occupancy adjusts for concessions and delinquencies.
Number of units currently rented or occupied.
units
Total number of rentable units in the property.
units
Add monthly rent per unit to calculate lost income and revenue efficiency.
Currency
Occupancy rateGood
90%

Percentage of available units or days that are occupied

Vacancy rate0.1%
Vacant units / days2
90% %
Critical<70%Below average70%-80%Fair80%-90%Good90%-95%Excellent95%+

Your occupancy rate of 90.0% is healthy.

  • Your vacancy rate is 10.0%. Industry benchmarks for multifamily properties are typically 5-10% vacancy (90-95% occupancy).

Next stepMaintain your current performance by monitoring market rents quarterly and proactively engaging tenants before their leases expire.

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