Homes & Apartments for Rent in 08003

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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 October 2026, 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 0.2% ($5) higher than the New Jersey average of $2,496 and 37.5% ($682) higher than the U.S. average of $1,819.

Average Rent
$2,501
Monthly ChangeMonth Over Month Change
Increased1.5% ($37)
Yearly ChangeYear Over Year Change
Decreased4.1% ($108)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,174 Increased3.6% ($76) Increased2.9% ($61)
2 Beds $2,720 Decreased2.4% ($67) Decreased7.4% ($218)
3 Beds $3,663 Increased0.7% ($25) Decreased17.3% ($765)
Nearby Cities Average Rent Avg. Rent vs. Cherry HillAverage Rent vs. Cherry Hill Avg. Days on MarketAverage Days on Market
Maple Shade $1,773 Decreased29.1% ($728) 27 days
Collingswood $2,622 Increased4.8% ($121) 30 days
Haddon Heights $1,681 Decreased32.8% ($820) 34 days
Audubon $1,404 Decreased43.9% ($1097) 28 days
Magnolia $1,915 Decreased23.4% ($586) 31 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 $2,501 per month.
Homes in Cherry Hill typically rent for between $1,522 and $4,762 per month, with an average of $2,501 per month.
In Cherry Hill, the average rent for a 1-bedroom home is $2,174 per month, for a 2-bedroom home, $2,720 per month, and a 3-bedroom home is $3,663 per month.
The average rent in Cherry Hill is 37.5% ($682) higher than the national average of $1,819 per month.
The average rent in Cherry Hill has increased by 1.5% ($37) in the last month and decreased by 4.1% ($108) 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 29 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 14 rental properties available in Cherry Hill, NJ.
Based on the current averages, a household would need an annual income of $108,800 to comfortably afford a 2-bedroom home in Cherry Hill.
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