Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Cherry Hill, NJ Rental Market Trends
What is the average rent in Cherry Hill?
The average rent for an apartment in Cherry Hill is $1,912. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Cherry Hill, NJ
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,912 | 958 sq. ft. |
What is the average apartment size in Cherry Hill?
The average size for a Cherry Hill, NJ apartment is 958 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cherry Hill, NJ Apartment Rent Ranges
Cherry Hill, NJ Occupied Housing Units
7,575 or 28% of the households in Cherry Hill, NJ are renter-occupied while 19,226 or 71% are owner-occupied.
Cherry Hill, NJ Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cherry Hill, NJ | $1,510 | $1,519 | $1,500 | $1,558 | $1,516 | $1,645 | $1,647 | $1,793 | $1,953 | $1,912 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Cherry Hill Compares to Other Cities
| City | Average Rent |
|---|---|
| Philadelphia | $1,812 |
| Jersey Shore | $1,805 |
| Jersey City | $3,153 |
| Hoboken | $3,739 |
| Newark | $1,357 |
| East Orange | $1,513 |
| Elizabeth | $1,521 |
| Princeton | $2,834 |
| Trenton | $1,454 |
| Bayonne | $2,223 |
| Camden | $1,147 |
| King of Prussia | $1,948 |
| Marlton | $1,847 |
| West Chester | $1,852 |
| Haddon Township | $1,906 |
| New Brunswick | $2,142 |
| Collingswood | $1,906 |
| Cherry Hill | $1,912 |
| Maple Shade | $1,656 |
| Medford | $1,861 |
| Woodbury | $1,556 |
Most Popular Apartments in Cherry Hill
Towers Of Windsor Park Apartment Homes
3005 Chapel Ave, Cherry Hill, NJ 08002- Studio
- 1 BED
- 2+ BEDS
- $1,590+
- $1,520+
- $1,880+
Burrough's Mill
1 Burroughs Mill Circle, Cherry Hill, NJ 08002- 1 BED
- 2 BEDS
- 3 BEDS
- $1,980+
- Ask for pricing
- Ask for pricing
Lexington House Apartment Homes
106 Chestnut St, Cherry Hill, NJ 08002- Studio
- 1 BED
- 2 BEDS
- Ask for pricing
- $1,740+
- $1,895+
Bishops View Apartments And Townhomes
2395 Route 70 West, Cherry Hill, NJ 08002- Studio
- 1 BED
- 2+ BEDS
- $1,885+
- $2,070+
- $2,520+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cherry Hill apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.