What is the rental vacancy rate in East Franklin, NJ?
The rental vacancy rate in East Franklin, NJ is 1.6% (±2.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±2.7 points).
60 (±65) homes, 1.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In East Franklin, the rental vacancy rate went from 6.5% in 2015–2019 to 1.6% in 2020–2024 (−4.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 1.6% (±2.5 points)
- Homeowner vacancy rate
- 0.0% (±2.7 points)
- Vacant homes
- 60 (±65)
Vacancy in East Franklin against Somerset County, its state and the nation
| East Franklin | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.6% (±2.5 points) | 2.0% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±2.7 points) | 0.3% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 60 (±65) | 2,837 (±431) | 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 East Franklin, the rental vacancy rate is not measurably different from Somerset County (2.0%).
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 East Franklin
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| East Franklin | — | 1.6% (±2.5 points) | — |
| Voorhees | 1.4 mi | 0.0% (±13.3 points) | Not measurably different |
| New Brunswick | 1.5 mi | 3.7% (±1.2 points) | Not measurably different |
| Rutgers University-Busch Campus | 1.8 mi | 36.0% (±44.7 points) | Not measurably different |
| Somerset | 1.9 mi | 0.0% (±1.7 points) | Not measurably different |
| Highland Park Borough | 2.3 mi | 3.9% (±3.0 points) | Not measurably different |
| North Brunswick Township | 3.0 mi | 0.1% (±0.2 points) | Not measurably different |
| Middlebush | 3.4 mi | 0.0% (±100.0 points) | Not measurably different |
| Milltown Borough | 3.5 mi | 0.0% (±9.2 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Somerset County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Martinsville | 18.2% (±24.7 points) |
| 2 | Green Knoll | 10.2% (±10.5 points) |
| 3 | Finderne | 7.4% (±11.1 points) |
| 4 | Bedminster | 3.8% (±5.7 points) |
| 5 | Six Mile Run | 3.5% (±5.5 points) |
| 6 | Basking Ridge | 1.8% (±2.9 points) |
| 7 | East Franklin | 1.6% (±2.5 points) |
| 8 (tie) | Belle Mead | 0.0% (±5.9 points) |
| 8 (tie) | Blackwells Mills | 0.0% (±25.5 points) |
| 8 (tie) | Bradley Gardens | 0.0% (±8.5 points) |
| 8 (tie) | Bridgewater Center | 0.0% (±19.1 points) |
| 8 (tie) | Franklin Center | 0.0% (±6.4 points) |
| 8 (tie) | Franklin Park | 0.0% (±1.9 points) |
Showing 13 of 24 places in Somerset County, ranked from highest to lowest.
East Franklin is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Franklin Township (Somerset County), whose figures include it.
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 East Franklin
Is it hard to find a rental in East Franklin?
The rental vacancy rate in East Franklin, NJ is 1.6% (±2.5 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 East Franklin tighter than it was?
In East Franklin, the rental vacancy rate went from 6.5% in 2015–2019 to 1.6% in 2020–2024 (−4.9 percentage points), not a measurable change.
How many homes are vacant in East Franklin?
An estimated 60 (±65) housing units, 1.8% 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 — East Franklin CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — East Franklin CDP, 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 East Franklin CDP, New Jersey (place:19130, in state:34).
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
- Housing in East Franklin at a glance
- Median rent in East Franklin
- Rent by bedrooms in East Franklin
- Rent burden in East Franklin
- Renters and owners in East Franklin
- Income and affordability in East Franklin
- Home values in East Franklin
- Homeowner costs in East Franklin
- Property taxes in East Franklin
- Types of homes in East Franklin
- Bedrooms in East Franklin
- Age of homes in East Franklin
- Heating fuel in East Franklin
- Commute and cars in East Franklin
- Population growth in East Franklin
- How long people stay in East Franklin
- Crowding and facilities in East Franklin
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey