Table 3.  Rental Vacancy Rates, by State:  1986 to 1997

                     1986     1987     1988     1989   1989/r     1990     1991

United States....     7.3      7.7      7.7      7.1      7.4      7.2      7.4

Alabama..........     5.0      5.0      6.8      6.0      6.9      8.1      7.2
Alaska...........    15.3     15.9     14.3     11.0     11.0      6.8      5.7
Arizona..........    13.1     12.7     11.8     10.2     10.5     10.7      9.6
Arkansas.........     7.4      7.8      8.5      6.4      8.0      7.9      8.6
California.......     4.9      5.4      6.2      5.8      5.9      6.0      6.2
Colorado.........    13.6     11.6     13.0     11.7     12.4     10.2      5.8
Connecticut......     5.0      4.8      5.8      5.9      5.9      7.5      7.7
Delaware.........     4.9      5.5      6.9      5.6      6.7      6.0      8.0
District of Columbia  3.5      4.8      5.2      5.1      5.1      7.7      8.8
Florida..........    11.0     11.0     10.5      9.1      9.5      9.0      9.1
Georgia..........     6.2      6.1      7.5      9.3     10.0      9.4      9.7
Hawaii...........     5.7      6.5      6.3      6.6      6.6      6.6      5.8
Idaho............     8.8      9.0      6.4      6.0      6.0      5.4      3.9
Illinois.........     6.9      5.9      6.9      7.0      7.2      6.1      6.5
Indiana..........     7.5      8.2      7.9      6.0      6.2      5.3      6.2
Iowa.............     9.5      8.0      8.1      8.5      8.5      7.8      7.0
Kansas...........    10.3      9.4     10.1      8.5      9.3      7.8      6.9
Kentucky.........     6.5      7.9      6.5      6.7      7.2      5.8      7.6
Louisiana........    12.1     15.6     13.6     12.4     13.2     13.1      9.5
Maine............     5.1      5.4      5.1      6.0      6.0      9.7     10.8
Maryland.........     5.3      6.9      5.0      5.5      5.5      5.2      6.7
Massachusetts....     3.8      3.6      4.4      5.0      5.0      6.9      8.3
Michigan.........     5.0      6.8      7.3      7.4      7.5      7.3      7.2
Minnesota........     4.9      4.9      5.5      5.8      5.8      6.5      6.6
Mississippi......     9.1     10.7      9.8      9.6     10.5      8.7      7.8
Missouri.........     9.7      8.8      7.5      7.7      8.3      9.6     11.1
Montana..........     8.1     10.3      9.3      8.9      9.7      8.1      6.6
Nebraska.........     8.3      6.7      7.0      6.2      6.6      6.5      8.1
Nevada...........    11.8      9.5      9.3     10.9     10.9      8.4      8.5
New Hampshire....     4.9      7.7      6.7      7.7      7.7      9.7     11.0
New Jersey.......     4.0      3.9      5.1      4.6      4.6      5.9      7.7
New Mexico.......     9.3     10.7      8.8     11.1     12.7     13.7     13.2
New York.........     2.9      3.3      4.1      3.7      3.7      4.9      5.5
North Carolina...     7.0      6.1      7.0      6.7      7.4      7.2      7.7
North Dakota.....     9.3      8.9      7.0      7.9      7.9      8.0      6.2
Ohio.............     6.3      6.5      6.4      5.8      5.9      5.5      5.4
Oklahoma.........    17.2     18.9     15.8     13.2     14.7     14.6      9.5
Oregon...........     7.0      6.1      6.0      4.0      4.2      3.3      5.1
Pennsylvania.....     5.4      5.7      6.0      5.9      6.0      7.2      7.1
Rhode Island.....     4.9      4.8      5.0      7.4      7.4      9.6      9.6
South Carolina...     6.2      9.1     10.6      8.4      9.1      8.4     11.1
South Dakota.....     8.4      6.9      6.8      6.1      7.1      5.3      4.5
Tennessee........     6.0      7.6      7.2      8.0      9.1      9.5      8.5
Texas............    16.2     17.1     14.5     12.2     12.5      9.7      9.6
Utah.............    21.5     21.5     25.8     10.1     10.6     12.6     14.9
Vermont..........     4.7      4.8      2.6      2.9      2.9      6.2      6.5
Virginia.........     6.0      7.0      7.3      6.2      6.6      5.8     10.3
Washington.......     4.2      4.7      4.2      5.4      5.5      3.3      4.1
West Virginia....     9.1      8.8     10.6     10.7     11.5      8.2      6.3
Wisconsin........     4.7      4.7      4.2      3.9      4.1      3.3      4.6
Wyoming..........    15.0     16.8     12.0     10.5     12.1      7.9      7.7


Table 3.  Rental Vacancy Rates, by State:  1986 to 1997 - Continued

                     1992     1993   1993/r     1994     1995     1996     1997

United States....     7.4      7.4      7.3      7.4      7.6      7.8      7.7

Alabama..........     6.4      6.3      6.8      7.2      8.5      8.7      7.3
Alaska...........     5.8      5.4      4.9      4.5      6.0      5.9      7.4
Arizona..........     9.5      7.6      7.4      8.8      7.2     10.2      9.1
Arkansas.........     6.9      7.1      7.2      6.8      7.4      7.2      8.1
California.......     7.5      8.2      8.2      7.9      8.5      7.2      6.5
Colorado.........     5.8      4.7      4.9      5.3      4.3      6.1      3.7
Connecticut......     8.3     11.2     11.1     11.4     15.2     10.7      7.7
Delaware.........     9.1      8.3      8.4      8.3     10.6      7.7      8.5
District of Columbia  9.7      8.5      7.7     10.3     12.9     13.4     13.2
Florida..........     8.7      8.2      8.3      8.0      7.8      9.0      9.5
Georgia..........     8.9      7.3      7.3      9.1     11.3     11.6     11.2
Hawaii...........     5.8      7.1      6.8      7.4      6.3      6.0      7.1
Idaho............     2.7      4.4      3.7      3.6      4.5      5.8      6.8
Illinois.........     7.0      6.2      6.3      6.8      7.4      7.9      8.5
Indiana..........     7.0      7.3      7.2      5.0      5.2      6.9      7.2
Iowa.............     3.9      4.3      4.3      4.9      5.3      5.5      6.4
Kansas...........     5.9      6.1      6.2      9.0      6.2      9.9      9.4
Kentucky.........     8.7      8.6      8.5      7.6      5.1      5.8      9.4
Louisiana........     7.8      7.1      7.2      9.4      9.6      7.8      8.4
Maine............    10.7     10.4     10.4     11.0      8.6      7.2      6.1
Maryland.........     7.2      8.8      8.7      8.1      5.7      6.7      8.0
Massachusetts....     8.8      7.9      7.8      7.1      6.2      5.8      5.2
Michigan.........     7.7      8.0      7.9      8.9      8.8     10.2      8.9
Minnesota........     5.4      5.5      4.9      5.2      6.7      5.5      4.7
Mississippi......     7.4      8.1      8.0      7.9     13.2     13.2     11.5
Missouri.........     9.9      9.1      9.4     10.1     10.0      8.6      8.9
Montana..........     4.2      3.3      3.4      3.5      3.6      5.1      5.0
Nebraska.........     7.5      5.9      5.9      5.5      5.5      6.6      6.3
Nevada...........     9.0      9.5      9.1      6.1      6.8      7.1      7.5
New Hampshire....     9.5      6.6      6.7      7.7      5.4      5.6      6.2
New Jersey.......     6.9      8.3      8.2      7.1      6.6      7.7      5.5
New Mexico.......     7.8      3.7      3.5      5.1      4.8      7.1      9.5
New York.........     5.8      5.6      5.5      5.9      6.3      6.9      6.2
North Carolina...     7.0      6.0      5.6      6.1      8.2      8.0      9.7
North Dakota.....     5.1      5.0      4.8      5.1      6.7      8.5      8.3
Ohio.............     6.2      7.0      7.1      6.8      7.4      8.1      8.9
Oklahoma.........     9.7     11.6     11.5      8.9     10.3     11.0     11.4
Oregon...........     4.9      5.5      5.6      3.9      4.0      5.9      5.4
Pennsylvania.....     7.0      7.3      7.5      8.0      8.0      8.7     10.1
Rhode Island.....     8.7      8.6      8.6      8.0      7.1      7.2      6.0
South Carolina...    10.0     11.2     10.6     12.3      9.3     14.1     15.1
South Dakota.....     3.1      4.4      4.3      5.3      5.9      9.9     12.6
Tennessee........     6.0      4.7      4.6      4.6      5.4      5.4      7.2
Texas............     8.9      9.1      8.9      7.9      8.2      8.0      8.4
Utah.............    14.6     13.1     15.7      7.1     12.3     13.4     14.4
Vermont..........     5.3      5.1      5.2     10.3      5.3      4.2      3.7
Virginia.........     8.2      7.5      7.7      8.9      7.6      7.4      6.3
Washington.......     4.1      5.6      5.0      5.9      6.0      5.6      4.4
West Virginia....     5.4      5.6      6.0      8.5      7.6      5.8      7.5
Wisconsin........     4.9      4.6      4.0      4.6      5.7      5.5      4.9
Wyoming..........     6.7      5.0      5.5      6.7      5.0      6.4      8.2

rRevised.