What is the rental vacancy rate in Red Bank Borough, NJ?
The rental vacancy rate in Red Bank Borough, NJ is 0.0% (±1.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.5 points).
233 (±137) homes, 3.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Red Bank Borough, the rental vacancy rate went from 2.5% in 2015–2019 to 0.0% in 2020–2024 (−2.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±1.5 points)
- Homeowner vacancy rate
- 0.0% (±1.5 points)
- Vacant homes
- 233 (±137)
Vacancy in Red Bank Borough against Monmouth County, its state and the nation
| Red Bank Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±1.5 points) | 4.2% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.5 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 233 (±137) | 18,703 (±1,063) | 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 Red Bank Borough, the rental vacancy rate is lower than in Monmouth County (4.2%).
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 Red Bank Borough
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Red Bank Borough | — | 0.0% (±1.5 points) | — |
| Fairview | 1.4 mi | 0.0% (±32.7 points) | Not measurably different |
| Shrewsbury Borough | 1.6 mi | 0.0% (±18.8 points) | Not measurably different |
| Fair Haven Borough | 1.7 mi | 0.0% (±19.3 points) | Not measurably different |
| Little Silver Borough | 1.9 mi | 0.0% (±38.3 points) | Not measurably different |
| Shrewsbury Township | 2.5 mi | 2.1% (±3.2 points) | Not measurably different |
| Oceanport Borough | 3.3 mi | 17.2% (±16.2 points) | Higher |
| Rumson Borough | 3.4 mi | 0.0% (±22.5 points) | Not measurably different |
| Lincroft | 3.6 mi | 0.0% (±14.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Oceanport Borough, NJ (17.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Monmouth County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 35 (tie) | Lake Como Borough | 0.0% (±13.6 points) |
| 35 (tie) | Little Silver Borough | 0.0% (±38.3 points) |
| 35 (tie) | Loch Arbour Village | 0.0% (±100.0 points) |
| 35 (tie) | Manasquan Borough | 0.0% (±10.4 points) |
| 35 (tie) | Monmouth Beach Borough | 0.0% (±15.6 points) |
| 35 (tie) | Neptune City Borough | 0.0% (±7.5 points) |
| 35 (tie) | Red Bank Borough | 0.0% (±1.5 points) |
| 35 (tie) | Roosevelt Borough | 0.0% (±41.1 points) |
| 35 (tie) | Rumson Borough | 0.0% (±22.5 points) |
| 35 (tie) | Sea Girt Borough | 0.0% (±33.3 points) |
| 35 (tie) | Shrewsbury Borough | 0.0% (±18.8 points) |
| 35 (tie) | Union Beach Borough | 0.0% (±10.6 points) |
| 35 (tie) | Wall Township | 0.0% (±2.6 points) |
Showing 13 of 53 places in Monmouth 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 Red Bank Borough
Is it hard to find a rental in Red Bank Borough?
The rental vacancy rate in Red Bank Borough, NJ is 0.0% (±1.5 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 Red Bank Borough tighter than it was?
In Red Bank Borough, the rental vacancy rate went from 2.5% in 2015–2019 to 0.0% in 2020–2024 (−2.5 percentage points), not a measurable change.
How many homes are vacant in Red Bank Borough?
An estimated 233 (±137) housing units, 3.7% 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 — Red Bank borough, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Red Bank borough, Monmouth County, 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 Red Bank borough, Monmouth County, New Jersey (county subdivision:62430, in state:34 county:025).
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
- Housing in Red Bank Borough at a glance
- Median rent in Red Bank Borough
- Rent by bedrooms in Red Bank Borough
- Rent burden in Red Bank Borough
- Renters and owners in Red Bank Borough
- Income and affordability in Red Bank Borough
- Home values in Red Bank Borough
- Homeowner costs in Red Bank Borough
- Property taxes in Red Bank Borough
- Types of homes in Red Bank Borough
- Bedrooms in Red Bank Borough
- Age of homes in Red Bank Borough
- Heating fuel in Red Bank Borough
- Commute and cars in Red Bank Borough
- Crime reported to police in Red Bank Borough
- Population growth in Red Bank Borough
- How long people stay in Red Bank Borough
- Crowding and facilities in Red Bank Borough
- Local landlord and tenant rules in Red Bank Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey