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

The rental vacancy rate in Monroe Township (Middlesex County), NJ is 0.7% (±1.2 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.6 points).

638 (±246) homes, 2.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Monroe Township (Middlesex County), the rental vacancy rate went from 1.9% in 2015–2019 to 0.7% in 2020–2024 (−1.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
0.7% (±1.2 points)
Homeowner vacancy rate
0.7% (±0.6 points)
Vacant homes
638 (±246)

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

Estimate (90% margin of error)
Monroe Township (Middlesex County)Middlesex CountyNew JerseyUnited States
Rental vacancy rate0.7% (±1.2 points)2.4% (±0.4 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.6 points)0.4% (±0.1 points)0.7% (±0.1 points)0.9%
Vacant housing units638 (±246)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 Monroe Township (Middlesex County), the rental vacancy rate is lower than in Middlesex County (2.4%).

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 Monroe Township (Middlesex County)

Nearest places with a published estimate, compared with Monroe Township (Middlesex County)
PlaceDistanceRental vacancy rateCompared with this place
Monroe Township (Middlesex County)—0.7% (±1.2 points)—
Jamesburg Borough2.1 mi0.0% (±7.6 points)Not measurably different
Englishtown Borough4.0 mi0.0% (±16.8 points)Not measurably different
Helmetta Borough4.1 mi0.0% (±10.8 points)Not measurably different
Yorketown4.8 mi0.0% (±44.7 points)Not measurably different
Cranbury4.8 mi0.0% (±23.6 points)Not measurably different
Cranbury Township4.8 mi0.0% (±20.9 points)Not measurably different
Manalapan Township5.0 mi9.9% (±9.0 points)Higher
Twin Rivers5.1 mi4.3% (±6.5 points)Not measurably different

Nearby places with a measurably higher figure: Manalapan Township, NJ (9.9%).

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

RankPlaceRental vacancy rate
10Sayreville Borough2.6% (±1.5 points)
11Piscataway Township2.4% (±1.9 points)
12Perth Amboy2.1% (±1.2 points)
13Woodbridge Township1.6% (±0.8 points)
14Carteret Borough1.5% (±1.7 points)
15East Brunswick Township1.0% (±1.5 points)
16Monroe Township (Middlesex County)0.7% (±1.2 points)
17Plainsboro Township0.2% (±0.4 points)
18North Brunswick Township0.1% (±0.2 points)
19 (tie)Cranbury Township0.0% (±20.9 points)
19 (tie)Dunellen Borough0.0% (±4.4 points)
19 (tie)Helmetta Borough0.0% (±10.8 points)
19 (tie)Jamesburg Borough0.0% (±7.6 points)

Showing 13 of 25 places in Middlesex County, ranked from highest to lowest.

The figures for Monroe Township (Middlesex County) include the places inside it that have pages of their own: Clearbrook, Concordia, Forsgate, Monroe Manor, Regency at Monroe, Rossmoor, Stonebridge, The Ponds, +1.

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 (Middlesex County)

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

The rental vacancy rate in Monroe Township (Middlesex County), NJ is 0.7% (±1.2 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 Monroe Township (Middlesex County) tighter than it was?

In Monroe Township (Middlesex County), the rental vacancy rate went from 1.9% in 2015–2019 to 0.7% in 2020–2024 (−1.2 percentage points), not a measurable change.

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

An estimated 638 (±246) housing units, 2.8% 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 Monroe township, Middlesex County, New Jersey (county subdivision:47280, 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.

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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