What is the rental vacancy rate in Denville Township, NJ?

The rental vacancy rate in Denville Township, NJ is 22.9% (±14.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.8% (±1.3 points).

403 (±207) homes, 6.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Denville Township, the rental vacancy rate went from 7.6% in 2015–2019 to 22.9% in 2020–2024 (+15.3 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
22.9% (±14.9 points)
Homeowner vacancy rate
0.8% (±1.3 points)
Vacant homes
403 (±207)

Vacancy in Denville Township against Morris County, its state and the nation

Estimate (90% margin of error)
Denville TownshipMorris CountyNew JerseyUnited States
Rental vacancy rate22.9% (±14.9 points)3.3% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.8% (±1.3 points)0.5% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units403 (±207)6,261 (±724)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 Denville Township, the rental vacancy rate is higher than in Morris County (3.3%).

It is also higher than in New Jersey (3.5%).

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

Rental vacancy rate in places near Denville Township

Nearest places with a published estimate, compared with Denville Township
PlaceDistanceRental vacancy rateCompared with this place
Denville Township—22.9% (±14.9 points)—
Mount Tabor1.3 mi0.0% (±59.0 points)Not measurably different
Rockaway Borough1.6 mi0.0% (±4.1 points)Lower
Rainbow Lakes2.0 mi0.0% (±22.3 points)Not measurably different
Mountain Lakes Borough2.4 mi0.0% (±46.6 points)Not measurably different
White Meadow Lake2.7 mi2.1% (±5.1 points)Lower
Victory Gardens Borough3.0 mi7.2% (±9.5 points)Not measurably different
Morris Plains Borough3.5 mi0.0% (±6.0 points)Lower
Dover Town3.7 mi1.7% (±1.7 points)Lower

Nearby places with a measurably lower figure: Rockaway Borough, NJ (0.0%), White Meadow Lake, NJ (2.1%), Morris Plains Borough, NJ (0.0%).

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

Rental vacancy rate across Morris County, place by place

RankPlaceRental vacancy rate
1Denville Township22.9% (±14.9 points)
2Pequannock Township14.7% (±10.4 points)
3Mount Arlington Borough13.8% (±11.7 points)
4Mendham Borough12.1% (±14.8 points)
5Florham Park Borough7.8% (±7.5 points)
6Victory Gardens Borough7.2% (±9.5 points)
7Roxbury Township6.9% (±6.1 points)

Showing 7 of 39 places in Morris 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 Denville Township

Is it hard to find a rental in Denville Township?

The rental vacancy rate in Denville Township, NJ is 22.9% (±14.9 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 Denville Township tighter than it was?

In Denville Township, the rental vacancy rate went from 7.6% in 2015–2019 to 22.9% in 2020–2024 (+15.3 percentage points), not a measurable change.

How many homes are vacant in Denville Township?

An estimated 403 (±207) housing units, 6.1% 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 Denville township, Morris County, New Jersey (county subdivision:17650, in state:34 county:027).

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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