What is the rental vacancy rate in Freehold Township, NJ?
The rental vacancy rate in Freehold Township, NJ is 5.4% (±5.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.7 points).
354 (±187) homes, 2.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Freehold Township, the rental vacancy rate went from 3.6% in 2015–2019 to 5.4% in 2020–2024 (+1.8 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.4% (±5.1 points)
- Homeowner vacancy rate
- 0.5% (±0.7 points)
- Vacant homes
- 354 (±187)
Vacancy in Freehold Township against Monmouth County, its state and the nation
| Freehold Township | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.4% (±5.1 points) | 4.2% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.7 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 354 (±187) | 18,703 (±1,063) | 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 Freehold Township, the rental vacancy rate is not measurably different from Monmouth County (4.2%).
It is not measurably different from New Jersey (3.5%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Freehold Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Freehold Township | — | 5.4% (±5.1 points) | — |
| Freehold Borough | 2.8 mi | 4.3% (±3.6 points) | Not measurably different |
| Vista Center | 4.7 mi | 0.0% (±69.8 points) | Not measurably different |
| Manalapan Township | 4.7 mi | 9.9% (±9.0 points) | Not measurably different |
| Howell Township | 5.8 mi | 3.4% (±4.6 points) | Not measurably different |
| Englishtown Borough | 5.9 mi | 0.0% (±16.8 points) | Not measurably different |
| Yorketown | 6.0 mi | 0.0% (±44.7 points) | Not measurably different |
| Farmingdale Borough | 7.0 mi | 2.6% (±4.5 points) | Not measurably different |
| Millstone Township | 7.0 mi | 45.6% (±45.5 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 Monmouth County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 8 | Manalapan Township | 9.9% (±9.0 points) |
| 9 | Marlboro Township | 8.9% (±9.6 points) |
| 10 | Belmar Borough | 8.5% (±5.8 points) |
| 11 | Sea Bright Borough | 7.5% (±8.7 points) |
| 12 (tie) | Bradley Beach Borough | 6.6% (±4.6 points) |
| 12 (tie) | Highlands Borough | 6.6% (±6.9 points) |
| 14 | Freehold Township | 5.4% (±5.1 points) |
| 15 | Long Branch | 4.9% (±2.1 points) |
| 16 | Keansburg Borough | 4.5% (±5.7 points) |
| 17 (tie) | Keyport Borough | 4.4% (±3.9 points) |
| 17 (tie) | Neptune Township | 4.4% (±2.9 points) |
| 19 | Freehold Borough | 4.3% (±3.6 points) |
| 20 | Eatontown Borough | 3.9% (±4.8 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
Is it hard to find a rental in Freehold Township?
The rental vacancy rate in Freehold Township, NJ is 5.4% (±5.1 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 Freehold Township tighter than it was?
In Freehold Township, the rental vacancy rate went from 3.6% in 2015–2019 to 5.4% in 2020–2024 (+1.8 percentage points), not a measurable change.
How many homes are vacant in Freehold Township?
An estimated 354 (±187) housing units, 2.6% 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 — Freehold township, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Freehold township, Monmouth County, 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 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_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 Freehold Township at a glance
- Median rent in Freehold Township
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- Renters and owners in Freehold Township
- Income and affordability in Freehold Township
- Home values in Freehold Township
- Homeowner costs in Freehold Township
- Property taxes in Freehold Township
- Types of homes in Freehold Township
- Bedrooms in Freehold Township
- Age of homes in Freehold Township
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- Crime reported to police in Freehold Township
- Population growth in Freehold Township
- How long people stay in Freehold Township
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- Fair Market Rent in Freehold Township
- Local landlord and tenant rules in Freehold Township
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey