average occupancy

Definition

The percentage of time a property was occupied in the last year. To calculate, divide the number of months it was occupied by 12.

Use average occupancy in a sentence

You should try and figure out what your average occupancy has been so you know if you need a new tenant.

​ Was this Helpful? YES  NO 10 people found this helpful.

The average occupancy was a percentage and I wanted to know how exactly to determine it, so I would feel better.

​ Was this Helpful? YES  NO 10 people found this helpful.

The average occupancy for living in an apartment is depending on the amount of bedrooms the apartment has and can be extended if there is a child under the certified age.

​ Was this Helpful? YES  NO 8 people found this helpful.

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