Occupancy Rate Calculator

Summarize how much of an apartment or accommodation inventory is in use.

INPUT & RESULT

How the result changes

Occupied units (value)Current: 85 → 85 %

Only occupied units changes; all other inputs stay at your current values. Each dot represents one whole-number input. This is not a forecast of real-world outcomes.

About this calculation

Occupancy Rate Calculator calculates physical occupancy rate from occupied units, total rentable units. Summarize how much of an apartment or accommodation inventory is in use. The main answer uses % and follows the specific assumptions explained below.

Formula

Occupancy rate = occupied rentable units ÷ total rentable units × 100%.

Worked example

With Occupied units: 85, Total rentable units: 100, physical occupancy rate is 85 %.

Inputs and calculation

Count units that meet your chosen occupied definition at the observation date. Divide by all available rentable units in the same portfolio, then express the fraction as a percentage. The displayed relationship is Occupancy rate = occupied rentable units ÷ total rentable units × 100%. Keep the fields' displayed units attached when reproducing this relationship by hand.

Worked numerical example

For example, enter occupied units 85, total rentable units 100. Those inputs produce physical occupancy rate of 85 %. The same values also give vacant units 15 units.

Holding the other example values fixed, change occupied units from 85 to 86. The main output becomes 86 %. This comparison isolates the effect of that one input.

How to read and use the result

This is physical unit occupancy, not economic occupancy measured by rent actually collected. An occupied unit may be on a concession or behind on payment. Summarize how much of an apartment or accommodation inventory is in use.

Practical context

A building with 85 occupied units among 100 rentable units has 85% physical occupancy and 15 currently unoccupied units. One tenant renting a large apartment counts as one occupied unit, just like a studio, so the unit percentage cannot stand in for rent collected. A signed future lease may or may not qualify under the property's reporting policy before move-in.

Assumptions and scope

Each unit is counted once and occupied units cannot exceed total units. Large and small units receive equal weight, even if their rent differs substantially. Replace the example defaults with measured inputs for your situation and account separately for factors outside these fields.

Checks and common mistakes

Do not mix leased units with physically occupied units without labeling the definition. A property undergoing renovation may require a separate denominator for temporarily unavailable space.

Common questions

What should I verify before using the Occupancy Rate Calculator result?

Record the measurement date and decide whether units under renovation belong in the denominator before comparing months. For a hotel, an available room-night is often the more useful denominator than a fixed count of rooms on one date. This unit-based page is aimed at a point-in-time property inventory; applying it to a whole quarter requires an appropriately aggregated unit count.