Cherry Hill, NJ
June 2026
08002,08003,08034
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,684 – $1,861 | -1.70% | -7.87% |
| 2-Bedroom | $2,518 – $2,812 | 3.38% | 10.78% |
| 3-Bedroom | $2,590 – $2,892 | 0.71% | 8.04% |
| 4-Bedroom | $2,860 – $2,993 | 1.50% | 5.38% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,815 – $1,908 | 2.95% | 1.94% |
| 2-Bedroom | $2,305 – $2,457 | 0.42% | 3.61% |
| 3-Bedroom | $2,704 – $2,929 | 7.73% | 6.13% |
| 4-Bedroom | $2,930 – $3,086 | 1.32% | 4.62% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,692 – $1,804 | -0.00% | 5.45% |
| 2-Bedroom | $2,196 – $2,341 | 0.95% | 5.62% |
| 3-Bedroom | $2,945 – $3,223 | 6.38% | 11.27% |
| 4-Bedroom | $3,303 – $3,556 | -1.02% | 3.26% |
In the Cherry Hill (08002, 08003, 08034) rental market, 1-bedroom apartments posted a 4.80% month-over-month increase, reaching a median of $1,838. This growth is more than double the 2.18% rise for 1-bedroom condos, emphasizing stronger momentum in apartment rents for smaller units.
Compared to other segments, 2-bedroom condos in Cherry Hill (08002, 08003, 08034) experienced a 2.95% month-over-month increase to $2,255, outpacing the 1.63% decline in 2-bedroom apartments, which stood at $2,150. Condos lead apartments by $105 in median rent for this category.
For larger homes, Cherry Hill (08002, 08003, 08034) rental trends show 3-bedroom single-family units rising 5.81% year-over-year to a median rent of $2,874. This annual increase exceeds the 3.95% gain for 3-bedroom condos and the 2.88% rise seen in 3-bedroom apartments.