What is the rental vacancy rate in Lawrence Township (Mercer County), NJ?

The rental vacancy rate in Lawrence Township (Mercer County), NJ is 1.4% (±2.2 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±0.5 points).

485 (±229) homes, 3.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Lawrence Township (Mercer County), the rental vacancy rate went from 0.4% in 2015–2019 to 1.4% in 2020–2024 (+1.0 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
1.4% (±2.2 points)
Homeowner vacancy rate
0.0% (±0.5 points)
Vacant homes
485 (±229)

Vacancy in Lawrence Township (Mercer County) against Mercer County, its state and the nation

Estimate (90% margin of error)
Lawrence Township (Mercer County)Mercer CountyNew JerseyUnited States
Rental vacancy rate1.4% (±2.2 points)2.9% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.0% (±0.5 points)0.4% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units485 (±229)7,024 (±820)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 Lawrence Township (Mercer County), the rental vacancy rate is not measurably different from Mercer County (2.9%).

It is not measurably different from New Jersey (3.5%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Lawrence Township (Mercer County)

Nearest places with a published estimate, compared with Lawrence Township (Mercer County)
PlaceDistanceRental vacancy rateCompared with this place
Lawrence Township (Mercer County)—1.4% (±2.2 points)—
The College of New Jersey3.6 mi26.7% (±35.6 points)Not measurably different
Pennington Borough4.1 mi0.0% (±19.1 points)Not measurably different
Mercerville4.4 mi0.0% (±5.5 points)Not measurably different
Ewing Township4.7 mi4.1% (±3.5 points)Not measurably different
West Windsor Township4.9 mi3.5% (±3.4 points)Not measurably different
Princeton5.1 mi1.1% (±1.3 points)Not measurably different
Trenton5.5 mi4.3% (±1.1 points)Higher
Princeton Junction5.5 mi0.0% (±26.5 points)Not measurably different

Nearby places with a measurably higher figure: Trenton, NJ (4.3%).

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

Rental vacancy rate across Mercer County, place by place

RankPlaceRental vacancy rate
1Trenton4.3% (±1.1 points)
2Ewing Township4.1% (±3.5 points)
3West Windsor Township3.5% (±3.4 points)
4Hightstown Borough3.2% (±5.3 points)
5Hamilton Township (Mercer County)2.1% (±1.5 points)
6Lawrence Township (Mercer County)1.4% (±2.2 points)
7Princeton1.1% (±1.3 points)
8East Windsor Township0.9% (±1.4 points)
9 (tie)Hopewell Borough0.0% (±22.4 points)
9 (tie)Hopewell Township (Mercer County)0.0% (±7.3 points)
9 (tie)Pennington Borough0.0% (±19.1 points)
9 (tie)Robbinsville Township0.0% (±3.7 points)

The figures for Lawrence Township (Mercer County) include the places inside it that have pages of their own: Lawrenceville.

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 Lawrence Township (Mercer County)

Is it hard to find a rental in Lawrence Township (Mercer County)?

The rental vacancy rate in Lawrence Township (Mercer County), NJ is 1.4% (±2.2 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 Lawrence Township (Mercer County) tighter than it was?

In Lawrence Township (Mercer County), the rental vacancy rate went from 0.4% in 2015–2019 to 1.4% in 2020–2024 (+1.0 percentage points), not a measurable change.

How many homes are vacant in Lawrence Township (Mercer County)?

An estimated 485 (±229) housing units, 3.8% of the total, including seasonal homes and homes waiting to be sold or rented.

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) for Lawrence township, Mercer County, New Jersey (county subdivision:39510, in state:34 county:021).

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.

Request a Census API 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 .

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