|Monthly Rent Level (b)||Vacant Units Available for Rent||Net Vacancy Rate (Percent) (a)|
|Less than $300||(d)||3,290||0.64(c)||1.46|
|$300 to $399||(d)||4,896||0.91(c)||3.59|
|$400 to $499||4,716||7,908||1.58||3.20|
|$500 to $599||11,923||10,621||3.72||3.33|
|$600 to $699||8,135||15,764||3.67||5.10|
|$700 to $799||9,415||10,724||4.88||5.20|
|$800 to $899||7,129||8,292||5.09||5.81|
|$900 to $999||3,202||2,764(c)||4.44||3.53|
|$1,000 to 1,249||4,457||4,358||5.63||4.65|
(a) The vacancy rate is calculated by dividing vacant available for rent units that are not dilapidated by the sum of vacant available for rent units that are not dilapidated and renter-occupied units.
(b) Asking rents for vacant units and contract rents for occupied units. The ratio of the April 1996 over the April 1993 Consumer Price Index values (CPI-U) for New York,Northeast New Jersey-Long Island (166.0/154.0) was used to convert nominal 1993 rents into rents measured in 1996 dollars.
(c) Since the number of vacant available for rent units in this category is small, interpret with caution.
(d) Number of units too small to report.