Enclave at Woodcrest Station
110 Woodcrest Rd,
Cherry Hill, NJ 08003
1-2 Beds | $2,215 - $3,245
Rental Market Trends in Cherry Hill, NJ
What is the average rent in Cherry Hill, NJ?
$1,969/month
Average Rent
797 Sq Ft
Average Apartment Size
+2.7%
Increase in the Last Year
As of December 2024, the average rent in Cherry Hill, NJ is $1,969 per month. This is 26% higher than the national average rent price of $1,560/month, making Cherry Hill one of the most expensive cities in the US. When you rent an apartment in Cherry Hill, you can expect to pay about $1,568 per month for a studio, $1,969 for a one-bedroom apartment, and around $2,387 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,235 or more.
Floor Plan Type
Average Rent
Average 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 Cherry Hill, NJ?
In the past year, rent has increased by 2.7%, which averages out to $54 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 December 2024
Legend
2023
2024
Rent Ranges in Cherry Hill, NJ
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
6%
$1,001 - $1,500/month
39%
$1,501 - $2,000/month
56%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cherry Hill?
Based on current rent prices, Cherry Hill/Haddonfield is the most affordable neighborhood in Cherry Hill.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cherry Hill?
Based on current rent prices, Cherry Hill/Haddonfield is the most expensive neighborhood in Cherry Hill.
Neighborhood
Average Rent
Average Sq Ft
Which Cherry Hill neighborhoods have the most rentals available?
The neighborhood in Cherry Hill with the most apartments available is Cherry Hill/Haddonfield .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cherry Hill, NJ?
Because the average rent in Cherry Hill is $1,969, you’ll want to make about $6,563 per month or $78,756 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.
How does Cherry Hill, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Cherry Hill, 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.
Studio
$1,431/month
$1,431/month
One Bedroom
$1,626/month
$1,626/month
Two Bedroom
$2,096/month
$2,096/month
Three Bedroom
$2,924/month
$2,924/month
Apartment communities in Cherry Hill we think you'll love
Property Management Companies in Cherry Hill, NJ
Morgan Properties
-
314
Communities
-
94,821
Units
-
192
Cities
8 Communities in Cherry Hill
Willow Bridge
-
679
Communities
-
185,890
Units
-
310
Cities
2 Communities in Cherry Hill
Goldberg Realty Associates
-
50
Communities
-
4,969
Units
-
39
Cities
2 Communities in Cherry Hill
AION Management
-
60
Communities
-
19,457
Units
-
38
Cities
2 Communities in Cherry Hill
Chelsea Management
-
41
Communities
-
8,649
Units
-
21
Cities
2 Communities in Cherry Hill
Goldcrest Properties
-
26
Communities
-
3,475
Units
-
18
Cities
2 Communities in Cherry Hill
Sterling Properties
-
19
Communities
-
2,187
Units
-
18
Cities
2 Communities in Cherry Hill
Asden Investment Properties
-
22
Communities
-
5,855
Units
-
13
Cities
2 Communities in Cherry Hill
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Methodology
† 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.
* Percentages may not total 100 due to rounding.