What is the rental vacancy rate in Hillsborough Township, NJ?
The rental vacancy rate in Hillsborough Township, NJ is 0.0% (±1.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.2% (±0.2 points).
149 (±107) homes, 0.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Hillsborough Township, the rental vacancy rate went from 2.9% in 2015–2019 to 0.0% in 2020–2024 (−2.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±1.3 points)
- Homeowner vacancy rate
- 0.2% (±0.2 points)
- Vacant homes
- 149 (±107)
Vacancy in Hillsborough Township against Somerset County, its state and the nation
| Hillsborough Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±1.3 points) | 2.0% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.2% (±0.2 points) | 0.3% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 149 (±107) | 2,837 (±431) | 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 Hillsborough Township, the rental vacancy rate is lower than in Somerset County (2.0%).
It is also lower than in New Jersey (3.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Hillsborough Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Hillsborough Township | — | 0.0% (±1.3 points) | — |
| Belle Mead | 2.1 mi | 0.0% (±5.9 points) | Not measurably different |
| Millstone Borough | 3.9 mi | 0.0% (±74.4 points) | Not measurably different |
| Neshanic Station | 4.0 mi | 0.0% (±7.9 points) | Not measurably different |
| Branchburg Township | 4.9 mi | 0.0% (±4.6 points) | Not measurably different |
| Montgomery Township | 5.0 mi | 0.0% (±3.4 points) | Not measurably different |
| Bradley Gardens | 5.2 mi | 0.0% (±8.5 points) | Not measurably different |
| Manville Borough | 5.2 mi | 10.1% (±8.6 points) | Higher |
| Raritan Borough | 5.2 mi | 1.4% (±2.2 points) | Not measurably different |
Nearby places with a measurably higher figure: Manville Borough, NJ (10.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Somerset County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 8 (tie) | Raritan Borough | 1.4% (±2.2 points) |
| 10 | Somerville Borough | 1.3% (±1.9 points) |
| 11 | Bedminster Township | 0.7% (±1.0 points) |
| 12 | Franklin Township (Somerset County) | 0.5% (±0.6 points) |
| 13 (tie) | Bound Brook Borough | 0.0% (±1.8 points) |
| 13 (tie) | Branchburg Township | 0.0% (±4.6 points) |
| 13 (tie) | Hillsborough Township | 0.0% (±1.3 points) |
| 13 (tie) | Millstone Borough | 0.0% (±74.4 points) |
| 13 (tie) | Montgomery Township | 0.0% (±3.4 points) |
| 13 (tie) | Peapack and Gladstone Borough | 0.0% (±20.5 points) |
| 13 (tie) | Rocky Hill Borough | 0.0% (±40.3 points) |
| 13 (tie) | South Bound Brook Borough | 0.0% (±5.8 points) |
| 13 (tie) | Warren Township | 0.0% (±6.9 points) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Hillsborough Township include the places inside it that have pages of their own: Blackwells Mills, Hillsborough.
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 Hillsborough Township
Is it hard to find a rental in Hillsborough Township?
The rental vacancy rate in Hillsborough Township, NJ is 0.0% (±1.3 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 Hillsborough Township tighter than it was?
In Hillsborough Township, the rental vacancy rate went from 2.9% in 2015–2019 to 0.0% in 2020–2024 (−2.9 percentage points), not a measurable change.
How many homes are vacant in Hillsborough Township?
An estimated 149 (±107) housing units, 0.9% 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 — Hillsborough township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hillsborough township, Somerset 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 Hillsborough township, Somerset County, New Jersey (county subdivision:31890, in state:34 county:035).
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 Hillsborough Township at a glance
- Median rent in Hillsborough Township
- Rent by bedrooms in Hillsborough Township
- Rent burden in Hillsborough Township
- Renters and owners in Hillsborough Township
- Income and affordability in Hillsborough Township
- Home values in Hillsborough Township
- Homeowner costs in Hillsborough Township
- Property taxes in Hillsborough Township
- Types of homes in Hillsborough Township
- Bedrooms in Hillsborough Township
- Age of homes in Hillsborough Township
- Heating fuel in Hillsborough Township
- Commute and cars in Hillsborough Township
- Crime reported to police in Hillsborough Township
- Population growth in Hillsborough Township
- How long people stay in Hillsborough Township
- Crowding and facilities in Hillsborough Township
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey