What is the rental vacancy rate in Princeton Meadows, NJ?
The rental vacancy rate in Princeton Meadows, NJ is 0.3% (±0.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±2.0 points).
115 (±103) homes, 1.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Princeton Meadows, the rental vacancy rate went from 7.2% in 2015–2019 to 0.3% in 2020–2024 (−6.9 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 0.3% (±0.5 points)
- Homeowner vacancy rate
- 0.0% (±2.0 points)
- Vacant homes
- 115 (±103)
Vacancy in Princeton Meadows against Middlesex County, its state and the nation
| Princeton Meadows | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.3% (±0.5 points) | 2.4% (±0.4 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±2.0 points) | 0.4% (±0.1 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 115 (±103) | 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 Princeton Meadows, 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 Princeton Meadows
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Princeton Meadows | — | 0.3% (±0.5 points) | — |
| Plainsboro Center | 1.4 mi | 0.0% (±4.6 points) | Not measurably different |
| Cranbury | 2.8 mi | 0.0% (±23.6 points) | Not measurably different |
| Cranbury Township | 2.8 mi | 0.0% (±20.9 points) | Not measurably different |
| Monmouth Junction | 2.8 mi | 0.0% (±3.5 points) | Not measurably different |
| Princeton Junction | 3.1 mi | 0.0% (±26.5 points) | Not measurably different |
| Heathcote | 3.9 mi | 0.0% (±7.4 points) | Not measurably different |
| South Brunswick Township | 4.0 mi | 0.0% (±1.2 points) | Not measurably different |
| Kingston | 4.1 mi | 0.0% (±14.4 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 Middlesex County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 2 | Rutgers University-Busch Campus | 36.0% (±44.7 points) |
| 3 | Laurence Harbor | 22.4% (±15.1 points) |
| 4 | Old Bridge | 5.3% (±3.0 points) |
| 5 | Woodbridge | 3.0% (±2.2 points) |
| 6 | Avenel | 1.7% (±2.6 points) |
| 7 | Iselin | 0.9% (±1.4 points) |
| 8 | Princeton Meadows | 0.3% (±0.5 points) |
| 9 (tie) | Brownville | 0.0% (±32.0 points) |
| 9 (tie) | Clearbrook | 0.0% (±25.2 points) |
| 9 (tie) | Colonia | 0.0% (±6.3 points) |
| 9 (tie) | Concordia | 0.0% (±17.3 points) |
| 9 (tie) | Cranbury | 0.0% (±23.6 points) |
| 9 (tie) | Dayton | 0.0% (±13.2 points) |
Showing 13 of 32 places in Middlesex County, ranked from highest to lowest.
Princeton Meadows is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Plainsboro Township, whose figures include it.
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 Princeton Meadows
Is it hard to find a rental in Princeton Meadows?
The rental vacancy rate in Princeton Meadows, NJ is 0.3% (±0.5 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 Princeton Meadows tighter than it was?
In Princeton Meadows, the rental vacancy rate went from 7.2% in 2015–2019 to 0.3% in 2020–2024 (−6.9 percentage points), a measurable decrease.
How many homes are vacant in Princeton Meadows?
An estimated 115 (±103) housing units, 1.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princeton Meadows CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Princeton Meadows CDP, New Jersey
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 Princeton Meadows CDP, New Jersey (place:60975, in state:34).
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.
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 .
Related
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- Renters and owners in Princeton Meadows
- Income and affordability in Princeton Meadows
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- Age of homes in Princeton Meadows
- Heating fuel in Princeton Meadows
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- Population growth in Princeton Meadows
- How long people stay in Princeton Meadows
- Crowding and facilities in Princeton Meadows
- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey