Mount Laurel, NJ Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mount Laurel is $2,255, a 3.34% increase compared to the previous year, when the average rent was $2,182.
One-bedroom apartments provide 829 square feet for $2,041, balancing privacy and affordability.
Two-beedroom units at $2,457 offer 1,158 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,294 sq ft) for $2,913, suitable for larger households.
Average rent in Mount Laurel, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,255 | 991 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,041 | 829 sq. ft. |
| 2 Beds | $2,457 | 1,158 sq. ft. |
| 3 Beds | $2,913 | 1,294 sq. ft. |
Mount Laurel, NJ rent trends
Rental prices in Mount Laurel, NJ have increased by 3.34% over the past year. The average rent moved from $2,182 to $2,255.
What's the typical rent budget in Mount Laurel, NJ?
The largest share of rentals in Mount Laurel, NJ (51%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Mount Laurel, NJ?
4,588 or 24% of the households in Mount Laurel, NJ are renter-occupied while 14,695 or 76% are owner-occupied.
How Mount Laurel Compares to Other Cities
| City | Average Rent |
|---|---|
| Mount Laurel | $2,255 |
| Jersey City | $3,786 |
| Jersey Shore | $2,164 |
| Newark | $1,741 |
| East Orange | $1,868 |
| Elizabeth | $1,871 |
| Bayonne | $2,604 |
| Hoboken | $4,577 |
| Paterson | $1,718 |
| Summit | $2,852 |
| Camden | $1,426 |
| Marlton | $2,180 |
| Cherry Hill | $2,209 |
| Bensalem, PA | $1,692 |
| Haddon Township, NJ | $2,158 |
| Lumberton, NJ | $1,994 |
| Medford, NJ | $1,974 |
| Merchantville, NJ | $1,626 |
| Bristol, PA | $1,253 |
| Croydon, PA | $1,509 |
| Oaklyn, NJ | $1,551 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mount Laurel apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.