What is the rental vacancy rate in Wildwood, NJ?
The rental vacancy rate in Wildwood, NJ is 18.1% (±7.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.7% (±1.8 points).
3,907 (±299) homes, 59.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Wildwood, the rental vacancy rate went from 45.1% in 2015–2019 to 18.1% in 2020–2024 (−27.0 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 18.1% (±7.5 points)
- Homeowner vacancy rate
- 1.7% (±1.8 points)
- Vacant homes
- 3,907 (±299)
Vacancy in Wildwood against Cape May County, its state and the nation
| Wildwood | Cape May County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 18.1% (±7.5 points) | 26.1% (±3.3 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.7% (±1.8 points) | 1.6% (±0.6 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 3,907 (±299) | 54,715 (±739) | 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 Wildwood, the rental vacancy rate is not measurably different from Cape May County (26.1%).
It is also higher than in New Jersey (3.5%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Wildwood
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Wildwood | — | 18.1% (±7.5 points) | — |
| West Wildwood Borough | 0.9 mi | 22.6% (±30.5 points) | Not measurably different |
| Wildwood Crest Borough | 1.5 mi | 35.7% (±18.8 points) | Not measurably different |
| North Wildwood | 1.7 mi | 22.0% (±21.0 points) | Not measurably different |
| Rio Grande | 3.9 mi | 0.0% (±10.0 points) | Lower |
| Erma | 4.0 mi | 0.0% (±23.8 points) | Not measurably different |
| Stone Harbor Borough | 4.6 mi | 70.2% (±12.9 points) | Higher |
| Lower Township | 5.0 mi | 7.8% (±4.8 points) | Lower |
| Whitesboro | 5.1 mi | 0.0% (±51.5 points) | Not measurably different |
Nearby places with a measurably lower figure: Rio Grande, NJ (0.0%), Lower Township, NJ (7.8%).
Nearby places with a measurably higher figure: Stone Harbor Borough, NJ (70.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Cape May County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 5 | West Cape May Borough | 56.1% (±15.3 points) |
| 6 | Cape May | 44.3% (±12.5 points) |
| 7 | Ocean City | 36.6% (±7.5 points) |
| 8 | Wildwood Crest Borough | 35.7% (±18.8 points) |
| 9 | West Wildwood Borough | 22.6% (±30.5 points) |
| 10 | North Wildwood | 22.0% (±21.0 points) |
| 11 | Wildwood | 18.1% (±7.5 points) |
| 12 | Lower Township | 7.8% (±4.8 points) |
| 13 | Dennis Township | 3.9% (±6.6 points) |
| 14 | Woodbine Borough | 3.1% (±4.9 points) |
| 15 | Middle Township | 1.5% (±1.3 points) |
| 16 | Upper Township | 0.0% (±15.8 points) |
Showing 12 of 16 places in Cape May 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 Wildwood
Is it hard to find a rental in Wildwood?
The rental vacancy rate in Wildwood, NJ is 18.1% (±7.5 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 Wildwood tighter than it was?
In Wildwood, the rental vacancy rate went from 45.1% in 2015–2019 to 18.1% in 2020–2024 (−27.0 percentage points), a measurable decrease.
How many homes are vacant in Wildwood?
An estimated 3,907 (±299) housing units, 59.6% 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 — Wildwood city, Cape May County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wildwood city, Cape May 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 Wildwood city, Cape May County, New Jersey (county subdivision:81170, in state:34 county:009).
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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- Housing data for every place in New Jersey