10 Most Affordable Places to Live in New Jersey
Experience all New Jersey offers without breaking the bank. Here are 10 cities with the cheapest rent in the state.
Avg Rent
$1,486
Population
13,777
Renter Mix
50% Rent
Collingswood is a south Jersey borough that sits just three miles east of Downtown Camden. Here you’ll find an array of charming, long-standing homes and towering trees that give the borough a secluded feel. Modern apartment communities are being put up along Collings Avenue and Haddon Avenue, the latter of which houses the majority of the area’s dining and retail options. Renters have a diverse selection of sushi spots, Italian restaurants, American cafes, and buzzing breweries. Collingswood is centered on Knight Park, a triangular green space complete with a playground and walking paths. With Camden so close, it’s easy to commute into the city, even by bike. Philadelphia is just across the Delaware River, meaning an exciting day in the city is just minutes away.
Median Household Income
$79,389
Average: $109,350
Education
5,238
Residents Have a Degree
Job Market
7,638
Workers Employed
Median Age
40 Years
Largest Age Group
30-39 Years
Approximately 17% of Residents
Under 20
22%
Over 65
18%
Housing Distribution
In Collingswood, there are roughly the same number of renters and homeowners.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Collingswood, NJ is $1,289 for a studio, $1,483 for one bedroom, $1,861 for two bedrooms, and $3,174 for three bedrooms. Apartment rent in Collingswood has increased by 1.5% in the past year.
10 Most Affordable Places to Live in New Jersey
Experience all New Jersey offers without breaking the bank. Here are 10 cities with the cheapest rent in the state.
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Explore how walkable, bikeable, drivable, and transit-friendly Collingswood, NJ is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Very Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades PK-5
164 Students
Public
Grades K-5
135 Students
James A. Garfield Elementary School
Public
Grades K-5
128 Students
William P. Tatem Elementary School
Public
Grades K-5
256 Students
Public
Grades 6-8
486 Students
Public
Grades 9-12
809 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Data provided by
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.