What is the rental vacancy rate in Monroe Township (Gloucester County), NJ?

The rental vacancy rate in Monroe Township (Gloucester County), NJ is 9.2% (±6.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.5% (±0.6 points).

734 (±239) homes, 4.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Monroe Township (Gloucester County), the rental vacancy rate went from 4.5% in 2015–2019 to 9.2% in 2020–2024 (+4.7 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
9.2% (±6.0 points)
Homeowner vacancy rate
0.5% (±0.6 points)
Vacant homes
734 (±239)

Vacancy in Monroe Township (Gloucester County) against Gloucester County, its state and the nation

Estimate (90% margin of error)
Monroe Township (Gloucester County)Gloucester CountyNew JerseyUnited States
Rental vacancy rate9.2% (±6.0 points)3.9% (±1.1 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.5% (±0.6 points)0.5% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units734 (±239)5,370 (±625)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 Monroe Township (Gloucester County), the rental vacancy rate is not measurably different from Gloucester County (3.9%).

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 Monroe Township (Gloucester County)

Nearest places with a published estimate, compared with Monroe Township (Gloucester County)
PlaceDistanceRental vacancy rateCompared with this place
Monroe Township (Gloucester County)—9.2% (±6.0 points)—
Winslow Township4.3 mi6.9% (±4.3 points)Not measurably different
Franklin Township (Gloucester County)5.1 mi0.0% (±5.5 points)Lower
Clayton Borough5.6 mi4.7% (±7.8 points)Not measurably different
Sicklerville5.8 mi5.4% (±3.4 points)Not measurably different
Franklinville6.2 mi0.0% (±28.7 points)Not measurably different
Chesilhurst Borough6.7 mi0.0% (±45.8 points)Not measurably different
Malaga7.2 mi0.0% (±20.7 points)Not measurably different
Newfield Borough7.9 mi0.0% (±46.2 points)Not measurably different

Nearby places with a measurably lower figure: Franklin Township (Gloucester County), NJ (0.0%).

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

Rental vacancy rate across Gloucester County, place by place

RankPlaceRental vacancy rate
1Wenonah Borough12.5% (±17.2 points)
2Monroe Township (Gloucester County)9.2% (±6.0 points)
3 (tie)Glassboro Borough8.4% (±3.7 points)
3 (tie)Woodbury8.4% (±5.7 points)
5Clayton Borough4.7% (±7.8 points)
6Paulsboro Borough4.3% (±7.1 points)
7Deptford Township4.2% (±3.7 points)
8Washington Township (Gloucester County)1.4% (±1.5 points)

Showing 8 of 24 places in Gloucester County, ranked from highest to lowest.

The figures for Monroe Township (Gloucester County) include the places inside it that have pages of their own: Victory Lakes, Williamstown.

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 Monroe Township (Gloucester County)

Is it hard to find a rental in Monroe Township (Gloucester County)?

The rental vacancy rate in Monroe Township (Gloucester County), NJ is 9.2% (±6.0 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 Monroe Township (Gloucester County) tighter than it was?

In Monroe Township (Gloucester County), the rental vacancy rate went from 4.5% in 2015–2019 to 9.2% in 2020–2024 (+4.7 percentage points), not a measurable change.

How many homes are vacant in Monroe Township (Gloucester County)?

An estimated 734 (±239) housing units, 4.9% 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 Monroe township, Gloucester County, New Jersey (county subdivision:47250, in state:34 county:015).

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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