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Rental Market Trends in Mount Laurel, NJ

Updated July 2026

The average rent in Mount Laurel, NJ is $2,045/month.

Rent in Mount Laurel is 23% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.

$2,045/month

Average Rent

842 Sq Ft

Average Size

+4.7%

Change / Year

712

Available Apartments

Mount Laurel rent varies by unit size and layout:

  • Studio apartments in Mount Laurel average $1,805 per month.
  • One-bedroom apartments in Mount Laurel average $2,045 per month.
  • Two-bedroom apartments in Mount Laurel average $2,449 per month.
  • Three-bedroom apartments in Mount Laurel average $2,754 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,805/month
553 Sq Ft
One Bedroom
$2,045/month
842 Sq Ft
Two Bedroom
$2,449/month
1,144 Sq Ft
Three Bedroom
$2,754/month
1,241 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$4,110/month
1,365 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,227/month
900 Sq Ft
View Mount Laurel Apartments

How much has average rent changed in Mount Laurel, NJ?

In the past year, rent has increased by 4.7%, which averages out to $97 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mount Laurel, NJ

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Mount Laurel, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
18% $1,501 - $2,000/month
82% Above $2,000/month

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

Because the average rent in Mount Laurel is $2,045, you’ll want to make about $6,816 per month or $81,792 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

Mount Laurel, NJ

712 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mount Laurel, 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

Apartment Communities in Mount Laurel We Think You'll Love

Pearl Apartments

Pearl Apartments

1501 Nixon Dr,
Moorestown, NJ 08057

Studio - 3 Beds | $2,228 - $4,318

Summit Apartments

Summit Apartments

901 Bradley Ct,
Mount Laurel, NJ 08054

1-2 Beds | $1,825 - $2,115

Dwell Cherry Hill

Dwell Cherry Hill

1982 Route 70 East,
Cherry Hill, NJ 08003

1-2 Beds | $2,430 - $3,965

Village of Stoney Run

Village of Stoney Run

2813 Route 73 S,
Maple Shade Township, NJ 08052

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

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Frequently Asked Questions

What is the average rent in Mount Laurel?

The average rent in Mount Laurel is $2,045 per month, which is 23.0% higher than the national average of $1,662.

Are rents going up or down in Mount Laurel?

Rents in Mount Laurel, NJ are increasing, with prices up 4.7% year-over-year and $97 more per month.

What rent range is most common in Mount Laurel?

In Mount Laurel, NJ, 82% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Mount Laurel 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity