Occupancy Rate
Calculator

Inputs

Occupancy rate (%)
91.666666

Results

Occupancy rate (%)
91.666666
Vacancy rate (%)
8.333333
Annual collected rent
627,000

Property management results

Occupancy rate (%)91.666666
Vacancy rate (%)8.333333
Annual collected rent627,000

formula-map diagram

Occupancy rate (%)
91.666666
Vacancy rate (%)
8.333333
Annual collected rent
627,000

Property management relationship

Formula

Occupancy rate = occupied units ÷ total units × 100

= 91.666666666667

Note

This is a simplified model: it applies the standard property-management definition to the numbers you entered. Rent affordability uses a flat share-of-income rule and ignores credit history, local screening criteria and household size. Proration assumes a plain daily rate; your lease or local law may prescribe a different convention (for example a fixed 30-day month). Security-deposit interest is simple interest at the rate you enter, while many jurisdictions set the rate, the compounding and the payout schedule by statute. Income, expense, reserve and escalation figures are straight-line and assume the amounts you enter hold steady; they ignore taxes, depreciation, financing changes, capital events, inflation and market turnover. Lease buyout compares the contractual penalty with the remaining rent only and is not a reading of your lease. These results are general information, not legal, tax or investment advice: check your lease and local tenancy law and consult a qualified professional before acting.

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Frequently asked questions

How is the occupancy rate calculated?+

Occupancy rate is the number of occupied units divided by the total number of available units, expressed as a percentage. It can be measured on a single day (physical occupancy) or averaged over a period, and it is one of the first health checks on any rental property or portfolio.

What counts as an occupied unit if a tenant is mid-move-out?+

A unit is generally counted as occupied as long as a lease is in force and rent is due, even if the tenant has already moved out physically. Only once the lease ends and the unit is available for re-letting does it switch to vacant, which is why occupancy and physical move-in rates can diverge slightly.

What is a 'good' occupancy rate?+

For most residential portfolios, 90-95% is considered healthy, since a small vacancy buffer is needed for turnover, maintenance, and re-leasing time. Consistently sitting at 100% can actually signal rents are priced below market, while a rate under 85% usually points to a pricing, condition, or marketing problem.

Does occupancy rate account for units offline for renovation?+

It depends on how you define the denominator: if renovated units are excluded from 'available units', they don't drag down occupancy, but if they're included as available-but-vacant, they will. Be consistent about which units you treat as out of service so period-to-period comparisons stay meaningful.

Why can occupancy rate be high while revenue is falling?+

Occupancy only measures how many units are filled, not at what rent. A property can be fully occupied at heavily discounted rents after a wave of concessions or renewals below market, so occupancy should always be read alongside effective rent and revenue metrics, not on its own.