Table 1. Rental and Homeowner Vacancy Rates for the United States: 1960 and 1965 to 1995 Rental vacancy rate Homeowner vacancy rate Year First Second Third Fourth First Second Third Fourth quarter quarter quarter quarter quarter quarter quarter quarter 1995..... 7.4 7.7 7.7 1.5 1.6 1.5 1994..... 7.5 7.4 7.2 7.4 1.4 1.4 1.4 1.6 1993\r... 7.8 7.6 7.0 6.9 1.4 1.4 1.4 1.4 1993..... 7.9 7.6 7.1 6.9 1.4 1.4 1.4 1.4 1992..... 7.4 7.7 7.3 7.1 1.5 1.6 1.6 1.5 1991..... 7.5 7.3 7.6 7.3 1.7 1.8 1.8 1.6 1990..... 7.5 7.0 7.2 7.2 1.7 1.7 1.7 1.7 1989\r... 7.5 7.4 7.6 7.1 1.7 1.7 1.9 1.8 1989..... 7.3 7.3 7.3 6.8 1.5 1.6 1.8 1.6 1988..... 8.0 7.7 7.8 7.3 1.6 1.6 1.6 1.6 1987..... 7.4 7.5 8.1 7.8 1.7 1.7 1.7 1.6 1986..... 6.9 7.3 7.5 7.7 1.5 1.7 1.6 1.6 1985..... 6.3 6.2 6.8 6.7 1.8 1.9 1.8 1.6 1984..... 5.6 5.5 6.0 6.3 1.6 1.7 1.7 1.7 1983..... 5.7 5.5 5.8 5.5 1.4 1.5 1.6 1.6 1982..... 5.3 5.1 5.3 5.5 1.4 1.6 1.5 1.6 1981..... 5.2 5.0 5.0 5.0 1.3 1.3 1.5 1.4 1980..... 5.2 5.6 5.7 5.0 1.3 1.4 1.4 1.4 1979\r... 5.1 5.5 5.7 5.4 1.1 1.1 1.2 1.3 1979..... 4.8 5.0 5.2 5.0 1.0 1.1 1.1 1.1 1978..... 5.0 5.1 5.0 5.0 1.0 0.9 1.0 1.1 1977..... 5.1 5.3 5.4 5.1 1.3 1.3 1.1 1.0 1976..... 5.5 5.8 5.7 5.3 1.2 1.2 1.3 1.2 1975..... 6.1 6.3 6.2 5.4 1.2 1.2 1.4 1.2 1974..... 6.2 6.3 6.2 6.0 1.2 1.1 1.2 1.3 1973..... 5.7 5.8 5.8 5.8 1.0 0.9 1.1 1.2 1972..... 5.3 5.5 5.8 5.6 1.0 1.0 0.9 1.0 1971..... 5.3 5.3 5.6 5.6 1.0 0.9 1.0 1.0 1970..... 5.4 5.4 5.3 5.2 1.0 1.0 1.1 1.1 1969..... 5.6 5.7 5.5 5.1 1.0 1.0 1.1 1.0 1968..... 6.1 6.2 5.9 5.4 1.1 1.1 1.2 1.2 1967..... 7.3 6.9 7.0 6.2 1.4 1.3 1.4 1.3 1966..... 8.3 7.4 7.4 7.7 1.5 1.5 1.4 1.3 1965..... 8.5 8.2 7.8 8.5 1.7 1.5 1.6 1.5 1960..... 8.0 8.0 8.3 8.4 1.2 1.3 1.3 1.3 \r Revised. Source: U.S. Census Bureau