What is the rental vacancy rate in Asbury Park, NJ?

The rental vacancy rate in Asbury Park, NJ is 3.0% (±1.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.6% (±2.6 points).

1,182 (±211) homes, 13.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Asbury Park, the rental vacancy rate went from 8.5% in 2015–2019 to 3.0% in 2020–2024 (−5.5 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
3.0% (±1.8 points)
Homeowner vacancy rate
1.6% (±2.6 points)
Vacant homes
1,182 (±211)

Vacancy in Asbury Park against Monmouth County, its state and the nation

Estimate (90% margin of error)
Asbury ParkMonmouth CountyNew JerseyUnited States
Rental vacancy rate3.0% (±1.8 points)4.2% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate1.6% (±2.6 points)0.7% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units1,182 (±211)18,703 (±1,063)283,653 (±4,943)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Asbury Park, the rental vacancy rate is not measurably different from Monmouth County (4.2%).

It is not measurably different from New Jersey (3.5%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Asbury Park

Nearest places with a published estimate, compared with Asbury Park
PlaceDistanceRental vacancy rateCompared with this place
Asbury Park—3.0% (±1.8 points)—
Ocean Grove0.8 mi14.7% (±10.8 points)Higher
Loch Arbour Village0.8 mi0.0% (±100.0 points)Not measurably different
Interlaken Borough0.8 mi0.0% (±72.8 points)Not measurably different
Allenhurst Borough1.0 mi3.4% (±4.2 points)Not measurably different
Wanamassa1.4 mi0.0% (±16.1 points)Not measurably different
Bradley Beach Borough1.5 mi6.6% (±4.6 points)Not measurably different
Neptune City Borough2.0 mi0.0% (±7.5 points)Not measurably different
Deal Borough2.0 mi0.0% (±37.6 points)Not measurably different

Nearby places with a measurably higher figure: Ocean Grove, NJ (14.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Monmouth County, place by place

RankPlaceRental vacancy rate
17 (tie)Neptune Township4.4% (±2.9 points)
19Freehold Borough4.3% (±3.6 points)
20Eatontown Borough3.9% (±4.8 points)
21 (tie)Allenhurst Borough3.4% (±4.2 points)
21 (tie)Howell Township3.4% (±4.6 points)
21 (tie)West Long Branch Borough3.4% (±5.7 points)
24Asbury Park3.0% (±1.8 points)
25Middletown Township2.9% (±3.5 points)
26 (tie)Allentown Borough2.6% (±3.3 points)
26 (tie)Farmingdale Borough2.6% (±4.5 points)
28Spring Lake Heights Borough2.5% (±2.6 points)
29Shrewsbury Township2.1% (±3.2 points)
30Matawan Borough1.7% (±2.8 points)

Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Asbury Park

Is it hard to find a rental in Asbury Park?

The rental vacancy rate in Asbury Park, NJ is 3.0% (±1.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Asbury Park tighter than it was?

In Asbury Park, the rental vacancy rate went from 8.5% in 2015–2019 to 3.0% in 2020–2024 (−5.5 percentage points), a measurable decrease.

How many homes are vacant in Asbury Park?

An estimated 1,182 (±211) housing units, 13.6% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Asbury Park city, Monmouth County, New Jersey (county subdivision:01960, in state:34 county:025).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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