What is the rental vacancy rate in Cranford Township, NJ?
The rental vacancy rate in Cranford Township, NJ is 7.7% (±4.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.1% (±0.2 points).
235 (±108) homes, 2.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Cranford Township, the rental vacancy rate went from 3.5% in 2015–2019 to 7.7% in 2020–2024 (+4.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 7.7% (±4.6 points)
- Homeowner vacancy rate
- 0.1% (±0.2 points)
- Vacant homes
- 235 (±108)
Vacancy in Cranford Township against Union County, its state and the nation
| Cranford Township | Union County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.7% (±4.6 points) | 3.1% (±0.5 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.1% (±0.2 points) | 1.0% (±0.3 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 235 (±108) | 9,108 (±841) | 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 Cranford Township, the rental vacancy rate is not measurably different from Union County (3.1%).
It is not measurably different from New Jersey (3.5%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Cranford Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Cranford Township | — | 7.7% (±4.6 points) | — |
| Garwood Borough | 1.1 mi | 0.0% (±4.5 points) | Lower |
| Winfield Township | 1.6 mi | 0.0% (±7.2 points) | Not measurably different |
| Kenilworth Borough | 1.7 mi | 7.4% (±11.3 points) | Not measurably different |
| Roselle Park Borough | 2.0 mi | 1.5% (±1.9 points) | Lower |
| Westfield Town | 2.1 mi | 1.6% (±2.6 points) | Lower |
| Roselle Borough | 2.3 mi | 0.6% (±1.0 points) | Lower |
| Clark Township | 2.7 mi | 0.0% (±3.2 points) | Lower |
| Union Township (Union County) | 3.3 mi | 2.9% (±1.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Garwood Borough, NJ (0.0%), Roselle Park Borough, NJ (1.5%), Westfield Town, NJ (1.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Union County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Cranford Township | 7.7% (±4.6 points) |
| 2 | Kenilworth Borough | 7.4% (±11.3 points) |
| 3 | New Providence Borough | 7.1% (±8.0 points) |
| 4 (tie) | Fanwood Borough | 5.9% (±9.0 points) |
| 4 (tie) | Rahway | 5.9% (±2.5 points) |
| 6 | Springfield Township (Union County) | 5.1% (±4.6 points) |
| 7 | Berkeley Heights Township | 5.0% (±8.5 points) |
Showing 7 of 21 places in Union County, ranked from highest to lowest.
The figures for Cranford Township include the places inside it that have pages of their own: Cranford.
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 Cranford Township
Is it hard to find a rental in Cranford Township?
The rental vacancy rate in Cranford Township, NJ is 7.7% (±4.6 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 Cranford Township tighter than it was?
In Cranford Township, the rental vacancy rate went from 3.5% in 2015–2019 to 7.7% in 2020–2024 (+4.2 percentage points), not a measurable change.
How many homes are vacant in Cranford Township?
An estimated 235 (±108) housing units, 2.4% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cranford township, Union County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cranford township, Union County, New Jersey
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 Cranford township, Union County, New Jersey (county subdivision:15640, in state:34 county:039).
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.
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 .
Related
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- Housing data for every place in New Jersey