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Rental Market Trends in Cherry Hill Township, NJ

Updated July 2026

The average rent in Cherry Hill Township, NJ is $1,591/month.

Rent in Cherry Hill Township is roughly equal to the national average rent of of $1,663/month.

$1,591/month

Average Rent

743 Sq Ft

Average Size

-5.9%

Change / Year

790

Available Apartments

Cherry Hill Township rent varies by unit size and layout:

  • Studio apartments in Cherry Hill Township average $2,424 per month.
  • One-bedroom apartments in Cherry Hill Township average $1,591 per month.
  • Two-bedroom apartments in Cherry Hill Township average $2,953 per month.
  • Three-bedroom apartments in Cherry Hill Township average $2,871 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,424/month
640 Sq Ft
One Bedroom
$1,591/month
743 Sq Ft
Two Bedroom
$2,953/month
1,119 Sq Ft
Three Bedroom
$2,871/month
1,119 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,236/month
547 Sq Ft
Four Bedroom
$3,962/month
831 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,425/month
129 Sq Ft
View Cherry Hill Township Apartments

How much has average rent changed in Cherry Hill Township, NJ?

In the past year, rent has decreased by 5.9%, which averages out to $93 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cherry Hill Township, NJ

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Cherry Hill Township, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
50% Above $2,000/month

What salary do I need to live comfortably in Cherry Hill Township, NJ?

Because the average rent in Cherry Hill Township is $1,591, you’ll want to make about $5,303 per month or $63,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cherry Hill Township, NJ

790 Available Apartments for Rent

Search for Nearby Apartments

How does Cherry Hill Township, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Cherry Hill Township, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Cherry Hill Township Area Guide

Apartment Averages

Apartment Communities in Cherry Hill Township We Think You'll Love

Hampton Square

Hampton Square

13500 Golf View Dr,
Cherry Hill Township, NJ 08002

Studio - 3 Beds | $2,190 - $2,980

Enclave at Woodcrest Station

Enclave at Woodcrest Station

110 Woodcrest Rd,
Cherry Hill, NJ 08003

Studio - 2 Beds | $2,010 - $3,380

Village of Stoney Run

Village of Stoney Run

2813 Route 73 S,
Maple Shade Township, NJ 08052

1 Bed | $1,685 - $1,950

Park Lane at Garden State Park

Park Lane at Garden State Park

1 Park Lane Blvd,
Cherry Hill, NJ 08002

Studio - 2 Beds | $2,142 - $6,908

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Frequently Asked Questions

What is the average rent in Cherry Hill Township?

The average rent in Cherry Hill Township is $1,591 per month, which is 4.3% lower than the national average of $1,663.

What is the average rent for a house in Cherry Hill Township?

The average rent for a house in Cherry Hill Township, NJ is $3,236 per month.

What is the average rent for a condo in Cherry Hill Township?

The average rent for a condo in Cherry Hill Township, NJ is $1,425 per month.

Are rents going up or down in Cherry Hill Township?

Rents in Cherry Hill Township, NJ are decreasing, with prices down 5.9% year-over-year and $93 less per month.

What rent range is most common in Cherry Hill Township?

In Cherry Hill Township, NJ, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States New Jersey Cherry Hill Township Rental Trends

Methodology

† 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 June 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity