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Rental Market Trends in Medford, NJ

Updated September 2026

The average rent in Medford, NJ is $1,948/month.

Rent in Medford is 17% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$1,948/month

Average Rent

905 Sq Ft

Average Size

+1.5%

Change / Year

93

Available Apartments

Medford rent varies by unit size and layout:

  • Studio apartments in Medford average per month.
  • One-bedroom apartments in Medford average $1,948 per month.
  • Two-bedroom apartments in Medford average $2,301 per month.
  • Three-bedroom apartments in Medford average $3,495 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,948/month
905 Sq Ft
Two Bedroom
$2,301/month
1,183 Sq Ft
Three Bedroom
$3,495/month
1,423 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,300/month
1,087 Sq Ft
View Medford Apartments

How much has average rent changed in Medford, NJ?

In the past year, rent has increased by 1.5%, which averages out to $30 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Medford, NJ

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Medford, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
67% $1,501 - $2,000/month
33% Above $2,000/month

What salary do I need to live comfortably in Medford, NJ?

Because the average rent in Medford is $1,948, you’ll want to make about $6,493 per month or $77,916 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

Medford, NJ

93 Available Apartments for Rent

Search for Nearby Apartments

How does Medford, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Medford, 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Evesham Township

    Evesham Township

    Avg Rent: $2,268/month

  • Marlton

    Marlton

    Avg Rent: $1,908/month

  • Lumberton

    Lumberton

    Avg Rent: $1,739/month

Apartment Communities in Medford We Think You'll Love

Autumn Park at Medford

Autumn Park at Medford

16 Autumn Park Blvd,
Medford, NJ 08055

1-2 Beds | $2,110 - $3,180

Woodview at Marlton Apartment Homes

Woodview at Marlton Apartment Homes

175 Daphne Dr,
Marlton, NJ 08053

1-2 Beds | $1,915 - $2,365

Merion Marlton Apartment Homes

Merion Marlton Apartment Homes

500 Barclay Blvd,
Marlton, NJ 08053

1-2 Beds | $2,560 - $3,654

Hunters Chase

Hunters Chase

100 Hunt Club Trl,
Marlton, NJ 08053

1-3 Beds | $1,875 - $3,705

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Frequently Asked Questions

What is the average rent in Medford?

The average rent in Medford is $1,948 per month, which is 17.0% higher than the national average of $1,665.

Are rents going up or down in Medford?

Rents in Medford, NJ are increasing, with prices up 1.5% year-over-year and $30 more per month.

What rent range is most common in Medford?

In Medford, NJ, 67% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Medford 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 September 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