Occupancy rate apartments
The number of square feet and the configuration of your property can help determine occupancy rates. One potential tenant might consider a study room or a den as a supplement to a one-bedroom apartment, while another might see it as an additional bedroom. Apartment occupancy rates do vary depending upon locality. For example, in May 2019, the Boston metropolitan area had the highest apartment occupancy rate in the country at 96.8 percent, which means that a good vacancy rate in Boston would be 97 percent or higher. If your occupancy rate is less than favorable or below market, you should examine