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Rental Market Trends in Merchantville, NJ

What is the average rent in Merchantville, NJ?

$1,457/month

Average Rent

662 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of June 2025, the average rent in Merchantville, NJ is $1,457 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Merchantville rent prices are 10% lower than the national average. When you rent an apartment in Merchantville, you can expect to pay about $1,155 per month for a studio, $1,457 for a one-bedroom apartment, and around $1,550 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,155/month
600 Sq Ft
One Bedroom
$1,457/month
662 Sq Ft
Two Bedroom
$1,550/month
726 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Merchantville, NJ?

In the past year, rent has increased by 0.2%, which averages out to $4 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Merchantville, NJ
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Merchantville, NJ
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
40% $1,001 - $1,500/month
40% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Merchantville is $1,457, you’ll want to make about $4,856 per month or $58,272 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

Merchantville, NJ

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Merchantville, 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

Nearby City Rent Trends

  • Pennsauken Average Rent
  • Cherry Hill Average Rent
  • Collingswood Average Rent
  • Camden Average Rent
  • Maple Shade Average Rent
  • Westmont Average Rent

Apartment communities in Merchantville we think you'll love

Mapleview Apartments

Mapleview Apartments

50-56 W Maple Ave,
Merchantville, NJ 08109

1-2 Beds | Call for Rent

102 Myrtle Ave

102 Myrtle Ave

102 Myrtle Ave,
Merchantville, NJ 08109

2 Beds | $2,000

5316 Sherwood Ter

5316 Sherwood Ter

5316 Sherwood Ter,
Pennsauken, NJ 08109

1 Bed | $1,200

207 W Maple Ave

207 W Maple Ave

207 W Maple Ave,
Merchantville, NJ 08109

4 Beds | $2,200

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United States New Jersey Merchantville 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity