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Vacancy Rates for Rental Housing

“Maintain a ten-year rolling average rental housing vacancy rate of 3%” measures success in maintaining a generally acceptable level of rental accommodation.

How are we doing?

From 2009-2018, the 10-year rolling average rental vacancy rate was 4.8% a slight increase from the 2008-2017 timeframe.

Data Table
City of Saskatoon Vacancy Rates
  2006-2015 2007-2016 2008-2017 2009-2018
Vacancy Rates (%) 2.8 3.51 4.41 4.8


Description

The target measures success in maintaining a generally acceptable level of rental accommodation. Vacancy rates below 3.0% generally indicate a limited supply of rental housing and can lead to rising costs for renters. Affordable, appropriate, and secure housing contributes to healthy and economically viable communities.

Vacancy rates = Total number of vacant rental units /Total number of rental units available