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10. Toledo, Ohio

12-Month Averages:
Rental vacancy rate: 11.5%
Homeowner vacancy rate: 3.8%

Of the 75 largest U.S. cities in the first quarter of 2012, Toledo recorded the highest rate for homeowner vacancies, at 5.6 percent. However, in three of the past four quarters listed by the Census Bureau, that rate has hovered between 3 and 3.6 percent, significantly bringing down the city’s 12 month average, and its overall ranking in this list. Regardless, the 3.8 percent 12 month average still ranks Toledo as the fifth highest in the country for homeowner vacancies alone.

Photo: Henryk Sadura | Getty Images