AI Data Insight
In the second quarter of 2026, the US rental vacancy rate stood at 7.3%, remaining flat from the previous quarter, but significantly higher than the pandemic low of 5.6%. Benefiting from the large-scale completion of multi-family housing, market supply has surged, forcing nearly 40% of rental properties to offer concessions to attract tenants. Meanwhile, persistently high home prices and mortgage rates continue to provide strong rigid demand for renting, keeping the vacancy rate consolidating at a high level.