What is the rental vacancy rate in Paramus Borough, NJ?

Name: Vacancy rate in Paramus Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Paramus Borough, NJ is 0.5% (±0.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.4% (±0.5 points).

349 (±153) homes, 4.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Paramus Borough, the rental vacancy rate went from 7.5% in 2015–2019 to 0.5% in 2020–2024 (−7.0 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Rental vacancy rate: 0.5% (±0.9 points)
Homeowner vacancy rate: 0.4% (±0.5 points)
Vacant homes: 349 (±153)

Vacancy in Paramus Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
	Paramus Borough	Bergen County	New Jersey	United States
Rental vacancy rate	0.5% (±0.9 points)	3.0% (±0.5 points)	3.5% (±0.2 points)	5.5%
Homeowner vacancy rate	0.4% (±0.5 points)	0.6% (±0.2 points)	0.7% (±0.1 points)	0.9%
Vacant housing units	349 (±153)	14,486 (±1,042)	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 Paramus Borough, the rental vacancy rate is lower than in Bergen County (3.0%).

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 Paramus Borough

Nearest places with a published estimate, compared with Paramus Borough
Place	Distance	Rental vacancy rate	Compared with this place
Paramus Borough	—	0.5% (±0.9 points)	—
Oradell Borough	2.1 mi	0.0% (±16.5 points)	Not measurably different
River Edge Borough	2.2 mi	2.6% (±4.3 points)	Not measurably different
Fair Lawn Borough	2.6 mi	0.2% (±0.4 points)	Not measurably different
New Milford Borough	2.8 mi	0.0% (±1.8 points)	Not measurably different
Washington Township (Bergen County)	2.8 mi	0.0% (±34.4 points)	Not measurably different
Rochelle Park Township	2.8 mi	0.0% (±8.1 points)	Not measurably different
Glen Rock Borough	3.0 mi	0.0% (±11.8 points)	Not measurably different
Maywood Borough	3.1 mi	2.4% (±3.8 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 Bergen County, place by place

Rank	Place	Rental vacancy rate
30 (tie)	Elmwood Park Borough	1.9% (±2.1 points)
30 (tie)	Rutherford Borough	1.9% (±2.1 points)
32	Englewood Cliffs Borough	1.8% (±2.9 points)
33 (tie)	Bergenfield Borough	1.4% (±1.3 points)
33 (tie)	North Arlington Borough	1.4% (±2.3 points)
35	Lodi Borough	0.9% (±0.9 points)
36 (tie)	Paramus Borough	0.5% (±0.9 points)
36 (tie)	Ridgefield Borough	0.5% (±0.8 points)
38	Fair Lawn Borough	0.2% (±0.4 points)
39 (tie)	Alpine Borough	0.0% (±56.6 points)
39 (tie)	Carlstadt Borough	0.0% (±4.6 points)
39 (tie)	Closter Borough	0.0% (±8.7 points)
39 (tie)	Demarest Borough	0.0% (±35.5 points)

Showing 13 of 70 places in Bergen County, ranked from highest to lowest.

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 Paramus Borough

Is it hard to find a rental in Paramus Borough?

The rental vacancy rate in Paramus Borough, NJ is 0.5% (±0.9 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 Paramus Borough tighter than it was?

In Paramus Borough, the rental vacancy rate went from 7.5% in 2015–2019 to 0.5% in 2020–2024 (−7.0 percentage points), a measurable decrease.

How many homes are vacant in Paramus Borough?

An estimated 349 (±153) housing units, 4.0% 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 Paramus borough, Bergen County, New Jersey (county subdivision:55950, in state:34 county:003).

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.