What is the rental vacancy rate in Mount Laurel Township, NJ?

The rental vacancy rate in Mount Laurel Township, NJ is 3.1% (±2.6 points) (2020–2024 American Community Survey).

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

705 (±223) homes, 3.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Mount Laurel Township, the rental vacancy rate went from 2.7% in 2015–2019 to 3.1% in 2020–2024 (+0.4 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
3.1% (±2.6 points)
Homeowner vacancy rate
0.5% (±0.5 points)
Vacant homes
705 (±223)

Vacancy in Mount Laurel Township against Burlington County, its state and the nation

Estimate (90% margin of error)
Mount Laurel TownshipBurlington CountyNew JerseyUnited States
Rental vacancy rate3.1% (±2.6 points)3.6% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.5% (±0.5 points)0.9% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units705 (±223)9,093 (±721)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 Mount Laurel Township, the rental vacancy rate is not measurably different from Burlington County (3.6%).

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 Mount Laurel Township

Nearest places with a published estimate, compared with Mount Laurel Township
PlaceDistanceRental vacancy rateCompared with this place
Mount Laurel Township—3.1% (±2.6 points)—
Moorestown Township3.0 mi3.7% (±5.7 points)Not measurably different
Moorestown-Lenola3.5 mi0.0% (±3.6 points)Not measurably different
Marlton3.6 mi0.0% (±2.0 points)Not measurably different
Hainesport Township3.9 mi0.0% (±15.9 points)Not measurably different
Greentree4.8 mi9.8% (±9.1 points)Not measurably different
Maple Shade Township5.0 mi2.4% (±2.0 points)Not measurably different
Delran Township5.1 mi3.2% (±3.2 points)Not measurably different
Kingston Estates5.2 mi0.0% (±3.9 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Burlington County, place by place

RankPlaceRental vacancy rate
12Riverside Township4.5% (±4.8 points)
13Pemberton Township4.2% (±3.1 points)
14Burlington3.8% (±3.1 points)
15Moorestown Township3.7% (±5.7 points)
16Burlington Township3.4% (±3.6 points)
17Delran Township3.2% (±3.2 points)
18Mount Laurel Township3.1% (±2.6 points)
19Florence Township2.7% (±4.1 points)
20Maple Shade Township2.4% (±2.0 points)
21Evesham Township1.8% (±1.7 points)
22New Hanover Township1.6% (±2.4 points)
23North Hanover Township1.3% (±2.1 points)
24Lumberton Township0.4% (±0.7 points)

Showing 13 of 40 places in Burlington County, ranked from highest to lowest.

The figures for Mount Laurel Township include the places inside it that have pages of their own: Ramblewood.

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 Mount Laurel Township

Is it hard to find a rental in Mount Laurel Township?

The rental vacancy rate in Mount Laurel Township, NJ is 3.1% (±2.6 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 Mount Laurel Township tighter than it was?

In Mount Laurel Township, the rental vacancy rate went from 2.7% in 2015–2019 to 3.1% in 2020–2024 (+0.4 percentage points), not a measurable change.

How many homes are vacant in Mount Laurel Township?

An estimated 705 (±223) housing units, 3.5% 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 Mount Laurel township, Burlington County, New Jersey (county subdivision:49020, in state:34 county:005).

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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