What is the rental vacancy rate in Highland Park Borough, NJ?
The rental vacancy rate in Highland Park Borough, NJ is 3.9% (±3.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.7 points).
323 (±167) homes, 4.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Highland Park Borough, the rental vacancy rate went from 2.8% in 2015–2019 to 3.9% in 2020–2024 (+1.1 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 3.9% (±3.0 points)
- Homeowner vacancy rate
- 0.0% (±1.7 points)
- Vacant homes
- 323 (±167)
Vacancy in Highland Park Borough against Middlesex County, its state and the nation
| Highland Park Borough | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.9% (±3.0 points) | 2.4% (±0.4 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.7 points) | 0.4% (±0.1 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 323 (±167) | 10,197 (±1,110) | 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 Highland Park Borough, the rental vacancy rate is not measurably different from Middlesex County (2.4%).
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 Highland Park Borough
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Highland Park Borough | — | 3.9% (±3.0 points) | — |
| New Brunswick | 1.3 mi | 3.7% (±1.2 points) | Not measurably different |
| East Franklin | 2.3 mi | 1.6% (±2.5 points) | Not measurably different |
| Rutgers University-Busch Campus | 2.5 mi | 36.0% (±44.7 points) | Not measurably different |
| Milltown Borough | 3.5 mi | 0.0% (±9.2 points) | Not measurably different |
| Piscataway Township | 3.5 mi | 2.4% (±1.9 points) | Not measurably different |
| Voorhees | 3.6 mi | 0.0% (±13.3 points) | Not measurably different |
| Somerset | 3.8 mi | 0.0% (±1.7 points) | Lower |
| Edison Township | 4.2 mi | 3.1% (±1.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Somerset, NJ (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Middlesex County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | South Plainfield Borough | 5.8% (±7.0 points) |
| 2 | Old Bridge Township | 4.8% (±1.9 points) |
| 3 | Middlesex Borough | 4.6% (±6.7 points) |
| 4 | South River Borough | 4.2% (±4.6 points) |
| 5 | Highland Park Borough | 3.9% (±3.0 points) |
| 6 | New Brunswick | 3.7% (±1.2 points) |
| 7 | South Amboy | 3.5% (±5.6 points) |
| 8 | Edison Township | 3.1% (±1.4 points) |
| 9 | Metuchen Borough | 2.9% (±2.6 points) |
| 10 | Sayreville Borough | 2.6% (±1.5 points) |
| 11 | Piscataway Township | 2.4% (±1.9 points) |
Showing 11 of 25 places in Middlesex 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 Highland Park Borough
Is it hard to find a rental in Highland Park Borough?
The rental vacancy rate in Highland Park Borough, NJ is 3.9% (±3.0 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 Highland Park Borough tighter than it was?
In Highland Park Borough, the rental vacancy rate went from 2.8% in 2015–2019 to 3.9% in 2020–2024 (+1.1 percentage points), not a measurable change.
How many homes are vacant in Highland Park Borough?
An estimated 323 (±167) housing units, 4.8% 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 — Highland Park borough, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Highland Park borough, Middlesex 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 Highland Park borough, Middlesex County, New Jersey (county subdivision:31470, in state:34 county:023).
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
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- Types of homes in Highland Park Borough
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- How long people stay in Highland Park Borough
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- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey