What percentage of people rent in Freehold Township, NJ?

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

16.3% (±3.1 points) of the occupied homes in Freehold Township, NJ are rented (2020–2024 American Community Survey).

That is 2,130 renting households against 10,964 that own their home.

In Freehold Township, the share of households that rent went from 21.5% in 2015–2019 to 16.3% in 2020–2024 (−5.2 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 16.3% (±3.1 points)
Renting households: 2,130 (±411)
Median renter income: $68,214 (±$13,797)

Who rents and who owns in Freehold Township

Tenure, estimate (90% margin of error)
	Freehold Township	Monmouth County	New Jersey	United States
Renter-occupied share	16.3% (±3.1 points)	24.4% (±0.6 points)	36.2% (±0.2 points)	34.8%
Renting households	2,130 (±411)	61,539 (±1,684)	1,268,573 (±8,082)	45,017,354
Owning households	10,964 (±523)	190,173 (±1,568)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.0 (±0.2)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.8 (±0.1)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$68,214 (±$13,797)	$62,592 (±$3,372)	$62,674 (±$718)	$52,966
Median owner household income	$155,248 (±$13,452)	$151,807 (±$2,620)	$133,477 (±$624)	$100,009

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

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

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

In Monmouth County, Freehold Township ranks 32 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 354 of 564.

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

How renting in Freehold Township 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	21.5% (±2.8 points)	16.3% (±3.1 points)	−5.2 percentage points	Measurable decrease
Median gross rent	$1,884 (±$129)	$2,194 (±$184)	+16.5%	No measurable change after inflation
Median household income	$110,432 (±$8,028)	$128,643 (±$13,763)	+16.5%	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 Township

Nearest places with a published estimate, compared with Freehold Township
Place	Distance	Households that rent	Compared with this place
Freehold Township	—	16.3% (±3.1 points)	—
Freehold Borough	2.8 mi	46.2% (±6.0 points)	Higher
Vista Center	4.7 mi	2.5% (±4.3 points)	Lower
Manalapan Township	4.7 mi	10.3% (±2.5 points)	Lower
Howell Township	5.8 mi	11.2% (±2.1 points)	Lower
Englishtown Borough	5.9 mi	32.1% (±8.1 points)	Higher
Yorketown	6.0 mi	2.7% (±2.6 points)	Lower
Farmingdale Borough	7.0 mi	44.5% (±7.1 points)	Higher
Millstone Township	7.0 mi	1.9% (±1.7 points)	Lower

Nearby places with a measurably lower figure: Vista Center, NJ (2.5%), Manalapan Township, NJ (10.3%), Howell Township, NJ (11.2%).

Nearby places with a measurably higher figure: Freehold Borough, NJ (46.2%), Englishtown Borough, NJ (32.1%), Farmingdale Borough, NJ (44.5%).

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
26	Allentown Borough	27.8% (±6.1 points)
27	Aberdeen Township	27.5% (±4.0 points)
28	Roosevelt Borough	21.3% (±13.6 points)
29	Union Beach Borough	18.2% (±8.6 points)
30	Oceanport Borough	16.9% (±7.9 points)
31	Wall Township	16.6% (±2.3 points)
32	Freehold Township	16.3% (±3.1 points)
33	Manasquan Borough	16.1% (±8.4 points)
34	Tinton Falls Borough	15.9% (±3.1 points)
35	Monmouth Beach Borough	15.6% (±8.2 points)
36	Middletown Township	14.3% (±1.5 points)
37	Shrewsbury Borough	14.2% (±4.8 points)
38	Sea Girt Borough	12.7% (±7.1 points)

Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.

The figures for Freehold Township include the places inside it that have pages of their own: East Freehold, West Freehold.

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 Township

How many renters are there in Freehold Township?

Freehold Township has an estimated 2,130 (±411) renting households, 16.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Freehold Township?

In Freehold Township, the share of households that rent went from 21.5% in 2015–2019 to 16.3% in 2020–2024 (−5.2 percentage points), a measurable decrease.

How big are renting households in Freehold Township?

A renting household in Freehold Township has 2.0 people on average, against 2.8 in an owned home.

How much do renters earn in Freehold Township?

The median renting household in Freehold Township, NJ has an income of $68,214 (±$13,797) a year, against $155,248 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 township, Monmouth County, New Jersey (county subdivision:25230, 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.