Housing data for Freehold Borough, NJ
Freehold Borough, NJ has an estimated 12,507 residents and 4,379 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a borough in Monmouth County.
46.2% of households rent.
The median gross rent is $1,832 a month.
Its population grew measurably since 2015–2019 (+6.0%).
Figures last updated on .
- Residents
- 12,507 (±30)
- Housing units
- 4,379 (±318)
- Households that rent
- 46.2%
- Median gross rent
- $1,832
- Residents since 2015–2019
- +6.0%
What stands out in Freehold Borough
Households without a vehicle: 19.0% (±5.8 points) in Freehold Borough, higher than in Monmouth County (6.4%).
Households that rent: 46.2% (±6.0 points) in Freehold Borough, higher than in Monmouth County (24.4%).
Working from home: 9.2% (±2.6 points) in Freehold Borough, lower than in Monmouth County (18.9%).
Median home value: $416,800 (±$21,501) in Freehold Borough, lower than in Monmouth County ($606,100).
- Commute and cars in Freehold Borough
- Renters and owners in Freehold Borough
- Home values in Freehold Borough
Housing in Freehold Borough at a glance
- Median rent: $1,832 median gross rent a month
- Rent by bedrooms: $1,976 median gross rent, 2 bedrooms
- Rent burden: 54.2% of renters pay 30% or more of income
- Renters and owners: 46.2% of households rent
- Income and affordability: $85,707 median household income
- Home values: $416,800 median home value
- Homeowner costs: $2,577 median monthly cost with a mortgage
- Property taxes: $8,830 median real estate taxes a year
- Types of homes: 20.3% of homes are in buildings of 5 or more units
- Bedrooms: 58.2% of homes have 3 or more bedrooms
- Age of homes: 76.7% of homes were built before 1980
- Vacancy rate: 4.3% rental vacancy rate
- Heating fuel: 75.8% heat with utility gas
- Commute and cars: 22.5 minutes average trip to work
- Crime reported to police: 183 violent crimes per 100,000 residents
- Growth: +6.0% residents since 2015–2019
- How long people stay: 22.0% moved in since 2020
- Crowding and facilities: 11.9% of homes have more than 1 person per room
Freehold Borough against Monmouth County, its state and the nation
| Freehold Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 12,507 (±30) | 645,353 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 4,379 (±318) | 270,415 (±215) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 46.2% (±6.0 points) | 24.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $1,832 (±$128) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
| Median household income | $85,707 (±$17,460) | $124,845 (±$2,115) | $103,556 (±$513) | $80,734 |
| Median home value | $416,800 (±$21,501) | $606,100 (±$5,540) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $8,830 (±$535) | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 76.7% (±8.4 points) | 57.1% (±1.1 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 22.5 minutes (±2.0) | 32.1 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 86.6% (±4.4 points) | 93.7% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 35.5 years (±3.4) | 43.2 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Freehold Borough covers 1.9 square miles of land, about 6,474 residents per square mile (Census Bureau Gazetteer).
How Freehold Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 11,797 (±31) | 12,507 (±30) | +6.0% | Measurable increase |
| Housing units | 4,397 (±244) | 4,379 (±318) | −0.4% | Not a measurable change |
| Median gross rent | $1,458 (±$103) | $1,832 (±$128) | +25.7% | No measurable change after inflation |
| Median home value | $291,800 (±$8,573) | $416,800 (±$21,501) | +42.8% | Up after inflation |
| Median household income | $61,314 (±$7,470) | $85,707 (±$17,460) | +39.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,253 (±$98) | $2,577 (±$146) | +14.4% | No measurable change after inflation |
| Median real estate taxes | $7,049 (±$300) | $8,830 (±$535) | +25.3% | No measurable change after inflation |
| Households that rent | 52.9% (±3.8 points) | 46.2% (±6.0 points) | −6.7 percentage points | Not a measurable change |
| Rental vacancy rate | 4.6% (±3.3 points) | 4.3% (±3.6 points) | −0.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Freehold Borough
In 2025, the Freehold Police Department reported 183 violent and 933 property crimes per 100,000 residents to the FBI.
Places near Freehold Borough
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| East Freehold | 2.1 mi | $2,069 | $645,900 | 7.3% |
| West Freehold | 2.2 mi | $2,144 | $529,000 | 12.6% |
| Freehold Township | 2.8 mi | $2,194 | $553,600 | 16.3% |
| Manalapan Township | 4.0 mi | $1,960 | $655,500 | 10.3% |
| Yorketown | 4.6 mi | $2,729 | $598,000 | 2.7% |
| Englishtown Borough | 5.1 mi | $2,100 | $509,900 | 32.1% |
| Robertsville | 5.6 mi | $2,715 | $685,100 | 6.0% |
| Marlboro Township | 5.8 mi | $2,699 | $701,200 | 6.9% |
Places in New Jersey most like Freehold Borough
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Bound Brook Borough | $1,973 | $397,100 | $90,571 | 55.2% |
| Haledon Borough | $1,750 | $396,400 | $95,870 | 52.4% |
| Dover Town | $1,825 | $366,700 | $73,737 | 54.0% |
| Keansburg Borough | $1,679 | $311,800 | $81,428 | 51.0% |
| Lodi Borough | $1,714 | $475,000 | $89,305 | 57.6% |
| Rainbow Lakes | $2,022 | $481,800 | $93,051 | 32.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Freehold Borough, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,671 | $1,847 | $2,283 | $2,927 | $3,241 |
HUD income limits for Freehold Borough, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $29,550 | $49,250 | $76,000 |
| 2 people | $33,800 | $56,250 | $86,850 |
| 3 people | $38,000 | $63,300 | $97,700 |
| 4 people | $42,200 | $70,300 | $108,550 |
| 5 people | $45,600 | $75,950 | $117,250 |
| 6 people | $49,000 | $81,550 | $125,950 |
| 7 people | $52,350 | $87,200 | $134,650 |
| 8 people | $55,750 | $92,800 | $143,300 |
These are the limits HUD sets for its housing programs in the Monmouth-Ocean, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $140,600.
A program can use its own limits; tax-credit and local programs often do.
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 Freehold Borough
What is the average rent in Freehold Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Freehold Borough is $1,832 (±$128) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Freehold Borough?
The median gross rent for a one-bedroom home in Freehold Borough, NJ is $944 (±$786) a month (2020–2024 American Community Survey).
Are renters in Freehold Borough rent-burdened?
54.2% of renting households in Freehold Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Freehold Borough?
Freehold Borough has an estimated 1,939 (±271) renting households, 46.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Freehold Borough?
The median household income in Freehold Borough is $85,707 (±$17,460) a year (2020–2024 American Community Survey).
What is the average home value in Freehold Borough, NJ?
The Census Bureau publishes the median: $416,800 (±$21,501) for owner-occupied homes in Freehold Borough (2020–2024 American Community Survey).
Is Freehold Borough growing?
In Freehold Borough, the number of residents went from 11,797 in 2015–2019 to 12,507 in 2020–2024 (+6.0%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Freehold borough, Monmouth County, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Monmouth-Ocean, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Monmouth-Ocean, NJ HUD Metro FMR Area
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Freehold Police Department (ORI NJ0131500)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Freehold borough, Monmouth County, New Jersey (county subdivision:25200, 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 B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .