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What to Know About
Life in Cherry Hill & Beyond
Cherry Hill shares many of the great qualities that make New Jersey a desirable place to live.
New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.
Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.
A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.
Rental Market Trends
Cherry Hill, NJ
As of July 2025, Cherry Hill's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Cherry Hill's average rent is 8.9% ($219) higher than the New Jersey average of $2,461 and 51.0% ($905) higher than the U.S. average of $1,775.
Average Rent
$2,680
Monthly ChangeMonth Over Month Change
11.6% ($278)
Yearly ChangeYear Over Year Change
21.7% ($478)
Avg. Days on MarketAverage Days on Market
31
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,141 | 4.6% ($94) | 11.3% ($218) |
| 2 Beds | $2,956 | 9.6% ($260) | 22.6% ($545) |
| 3 Beds | $4,441 | 5.8% ($243) | 54.7% ($1571) |
| Nearby Cities | Average Rent | Avg. Rent vs. Cherry HillAverage Rent vs. Cherry Hill | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Haddonfield | $1,704 | 36.4% ($976) | 31 days |
| Maple Shade | $1,773 | 33.8% ($907) | 30 days |
| Collingswood | $1,990 | 25.7% ($690) | 31 days |
| Audubon | $1,874 | 30.1% ($806) | 29 days |
| Magnolia | $1,411 | 47.4% ($1269) | 25 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cherry Hill Rental Market FAQs
Explore rental prices, market trends, and availability in Cherry Hill, NJ.
The average rent in Cherry Hill, NJ is $2,680 per month.
Homes in Cherry Hill typically rent for between $1,499 and $5,773 per month, with an average of $2,680 per month.
In Cherry Hill, the average rent for a 1-bedroom home is $2,141 per month, for a 2-bedroom home, $2,956 per month, and a 3-bedroom home is $4,441 per month.
The average rent in Cherry Hill is 51% ($905) higher than the national average of $1,775 per month.
The average rent in Cherry Hill has increased by 11.6% ($278) in the last month and increased by 21.7% ($478) over the past year.
The rental market in Cherry Hill, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Cherry Hill, NJ, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 25 rental properties available in Cherry Hill, NJ.
Based on the current averages, a household would need an annual income of $118,240 to comfortably afford a 2-bedroom home in Cherry Hill.
