What percentage of people rent in Freehold Borough, NJ?

Name: Renters and owners in Freehold Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

46.2% (±6.0 points) of the occupied homes in Freehold Borough, NJ are rented (2020–2024 American Community Survey).

That is 1,939 renting households against 2,262 that own their home.

In Freehold Borough, the share of households that rent went from 52.9% in 2015–2019 to 46.2% in 2020–2024 (−6.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 46.2% (±6.0 points)
Renting households: 1,939 (±271)
Median renter income: $47,837 (±$6,939)

Who rents and who owns in Freehold Borough

Tenure, estimate (90% margin of error)
	Freehold Borough	Monmouth County	New Jersey	United States
Renter-occupied share	46.2% (±6.0 points)	24.4% (±0.6 points)	36.2% (±0.2 points)	34.8%
Renting households	1,939 (±271)	61,539 (±1,684)	1,268,573 (±8,082)	45,017,354
Owning households	2,262 (±325)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142
Average renter household size	3.3 (±0.5)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$47,837 (±$6,939)	$62,592 (±$3,372)	$62,674 (±$718)	$52,966
Median owner household income	$108,869 (±$7,888)	$151,807 (±$2,620)	$133,477 (±$624)	$100,009

In Freehold Borough, the renter share is higher than in Monmouth County (24.4%).

It is also higher than in New Jersey (36.2%).

It is higher than the national figure (34.8%).

In Monmouth County, Freehold Borough ranks 9 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 83 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Freehold Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	52.9% (±3.8 points)	46.2% (±6.0 points)	−6.7 percentage points	Not a measurable change
Median gross rent	$1,458 (±$103)	$1,832 (±$128)	+25.7%	No measurable change after inflation
Median household income	$61,314 (±$7,470)	$85,707 (±$17,460)	+39.8%	No measurable change after inflation

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.

Households that rent in places near Freehold Borough

Nearest places with a published estimate, compared with Freehold Borough
Place	Distance	Households that rent	Compared with this place
Freehold Borough	—	46.2% (±6.0 points)	—
East Freehold	2.1 mi	7.3% (±4.5 points)	Lower
West Freehold	2.2 mi	12.6% (±3.7 points)	Lower
Freehold Township	2.8 mi	16.3% (±3.1 points)	Lower
Manalapan Township	4.0 mi	10.3% (±2.5 points)	Lower
Yorketown	4.6 mi	2.7% (±2.6 points)	Lower
Englishtown Borough	5.1 mi	32.1% (±8.1 points)	Lower
Robertsville	5.6 mi	6.0% (±3.1 points)	Lower
Marlboro Township	5.8 mi	6.9% (±1.8 points)	Lower

Nearby places with a measurably lower figure: East Freehold, NJ (7.3%), West Freehold, NJ (12.6%), Freehold Township, NJ (16.3%).

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

Households that rent across Monmouth County, place by place

Rank	Place	Households that rent
3	Bradley Beach Borough	51.5% (±9.7 points)
4	Keansburg Borough	51.0% (±8.6 points)
5	Red Bank Borough	49.9% (±5.1 points)
6	Keyport Borough	49.8% (±7.5 points)
7	Matawan Borough	48.1% (±5.5 points)
8	Allenhurst Borough	47.5% (±12.9 points)
9	Freehold Borough	46.2% (±6.0 points)
10	Farmingdale Borough	44.5% (±7.1 points)
11	Belmar Borough	43.2% (±7.0 points)
12	Eatontown Borough	41.9% (±5.2 points)
13	Highlands Borough	39.0% (±7.1 points)
14	Spring Lake Heights Borough	38.4% (±7.3 points)
15	Ocean Township (Monmouth County)	37.3% (±2.7 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 Freehold Borough

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).

Is renting growing in Freehold Borough?

In Freehold Borough, the share of households that rent went from 52.9% in 2015–2019 to 46.2% in 2020–2024 (−6.7 percentage points), not a measurable change.

How big are renting households in Freehold Borough?

A renting household in Freehold Borough has 3.3 people on average, against 2.7 in an owned home.

How much do renters earn in Freehold Borough?

The median renting household in Freehold Borough, NJ has an income of $47,837 (±$6,939) a year, against $108,869 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.