What is the rental vacancy rate in Cheltenham Township, PA?

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

The rental vacancy rate in Cheltenham Township, PA is 4.0% (±3.3 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.8 points).

535 (±257) homes, 3.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Cheltenham Township, the rental vacancy rate went from 9.8% in 2015–2019 to 4.0% in 2020–2024 (−5.8 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Rental vacancy rate: 4.0% (±3.3 points)
Homeowner vacancy rate: 0.7% (±0.8 points)
Vacant homes: 535 (±257)

Vacancy in Cheltenham Township against Montgomery County, its state and the nation

Estimate (90% margin of error)
	Cheltenham Township	Montgomery County	Pennsylvania	United States
Rental vacancy rate	4.0% (±3.3 points)	5.5% (±0.6 points)	4.9% (±0.2 points)	5.5%
Homeowner vacancy rate	0.7% (±0.8 points)	0.8% (±0.2 points)	0.8% (±0.1 points)	0.9%
Vacant housing units	535 (±257)	14,846 (±963)	531,599 (±8,998)	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 Cheltenham Township, the rental vacancy rate is not measurably different from Montgomery County (5.5%).

It is not measurably different from Pennsylvania (4.9%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Cheltenham Township

Nearest places with a published estimate, compared with Cheltenham Township
Place	Distance	Rental vacancy rate	Compared with this place
Cheltenham Township	—	4.0% (±3.3 points)	—
Jenkintown	1.3 mi	0.0% (±4.8 points)	Not measurably different
McKinley	1.5 mi	0.0% (±45.8 points)	Not measurably different
Glenside	1.9 mi	3.3% (±5.0 points)	Not measurably different
Rockledge	2.6 mi	10.0% (±10.3 points)	Not measurably different
Abington Township	2.8 mi	6.9% (±3.7 points)	Not measurably different
Wyndmoor	3.0 mi	19.3% (±19.9 points)	Not measurably different
Oreland	3.4 mi	5.0% (±7.7 points)	Not measurably different
Springfield Township (Montgomery County)	3.6 mi	5.5% (±5.4 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 Montgomery County, place by place

Rank	Place	Rental vacancy rate
24	Lower Moreland Township	6.4% (±6.8 points)
25	Conshohocken	6.3% (±4.3 points)
26	Springfield Township (Montgomery County)	5.5% (±5.4 points)
27	Norristown	5.3% (±2.4 points)
28	Red Hill	5.2% (±7.9 points)
29	Ambler	4.8% (±6.3 points)
30 (tie)	Cheltenham Township	4.0% (±3.3 points)
30 (tie)	Horsham Township	4.0% (±3.4 points)
32	Bridgeport	3.8% (±6.2 points)
33	Souderton	3.6% (±4.7 points)
34	Narberth	3.5% (±5.2 points)
35 (tie)	Telford	3.3% (±5.2 points)
35 (tie)	Plymouth Township (Montgomery County)	3.3% (±2.8 points)

Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.

The figures for Cheltenham Township include the places inside it that have pages of their own: Cheltenham Village, Elkins Park, Melrose Park, Oak Lane, Wyncote.

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 Cheltenham Township

Is it hard to find a rental in Cheltenham Township?

The rental vacancy rate in Cheltenham Township, PA is 4.0% (±3.3 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 Cheltenham Township tighter than it was?

In Cheltenham Township, the rental vacancy rate went from 9.8% in 2015–2019 to 4.0% in 2020–2024 (−5.8 percentage points), a measurable decrease.

How many homes are vacant in Cheltenham Township?

An estimated 535 (±257) housing units, 3.5% 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 Cheltenham township, Montgomery County, Pennsylvania (county subdivision:12968, in state:42 county:091).

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.