What is the rental vacancy rate in Randolph Township, NJ?

The rental vacancy rate in Randolph Township, NJ is 5.6% (±5.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±0.6 points).

239 (±168) homes, 2.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Randolph Township, the rental vacancy rate went from 5.8% in 2015–2019 to 5.6% in 2020–2024 (−0.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
5.6% (±5.6 points)
Homeowner vacancy rate
0.0% (±0.6 points)
Vacant homes
239 (±168)

Vacancy in Randolph Township against Morris County, its state and the nation

Estimate (90% margin of error)
Randolph TownshipMorris CountyNew JerseyUnited States
Rental vacancy rate5.6% (±5.6 points)3.3% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.0% (±0.6 points)0.5% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units239 (±168)6,261 (±724)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 Randolph Township, the rental vacancy rate is not measurably different from Morris County (3.3%).

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 Randolph Township

Nearest places with a published estimate, compared with Randolph Township
PlaceDistanceRental vacancy rateCompared with this place
Randolph Township—5.6% (±5.6 points)—
Mine Hill Township2.8 mi0.0% (±25.2 points)Not measurably different
Mendham Township2.8 mi0.0% (±36.9 points)Not measurably different
Victory Gardens Borough3.0 mi7.2% (±9.5 points)Not measurably different
Dover Town3.2 mi1.7% (±1.7 points)Not measurably different
Brookside3.3 mi0.0% (±45.1 points)Not measurably different
Kenvil3.5 mi0.0% (±38.1 points)Not measurably different
Wharton Borough3.8 mi0.0% (±3.5 points)Not measurably different
Succasunna4.2 mi0.0% (±21.4 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 Morris County, place by place

RankPlaceRental vacancy rate
2Pequannock Township14.7% (±10.4 points)
3Mount Arlington Borough13.8% (±11.7 points)
4Mendham Borough12.1% (±14.8 points)
5Florham Park Borough7.8% (±7.5 points)
6Victory Gardens Borough7.2% (±9.5 points)
7Roxbury Township6.9% (±6.1 points)
8Randolph Township5.6% (±5.6 points)
9Rockaway Township3.7% (±4.1 points)
10Boonton Town3.5% (±3.5 points)
11 (tie)Montville Township2.8% (±4.3 points)
11 (tie)Parsippany-Troy Hills Township2.8% (±1.7 points)
13 (tie)Jefferson Township2.4% (±3.2 points)
13 (tie)Morristown Town2.4% (±2.4 points)

Showing 13 of 39 places in Morris 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 Randolph Township

Is it hard to find a rental in Randolph Township?

The rental vacancy rate in Randolph Township, NJ is 5.6% (±5.6 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 Randolph Township tighter than it was?

In Randolph Township, the rental vacancy rate went from 5.8% in 2015–2019 to 5.6% in 2020–2024 (−0.2 percentage points), not a measurable change.

How many homes are vacant in Randolph Township?

An estimated 239 (±168) housing units, 2.6% 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 Randolph township, Morris County, New Jersey (county subdivision:61890, in state:34 county:027).

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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