Cherry Hill Mall, New Jersey Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cherry Hill Mall, New Jersey rental market.
Cherry Hill Mall, New Jersey
Average Apartment Rent
$2,285
Y-o-Y Change in Average
Apartment Rent
7.6%
As of March 2026
Compared to a year ago, Cherry Hill Mall, New Jersey apartments have recorded a 7.6% rent increase.
Cherry Hill Mall, New Jersey Average apartment rent trend
Cherry Hill Mall, New Jersey Average Apartment Rent
Cherry Hill Mall, New Jersey Apartment rent ranges
At 47.42%, apartments priced $2,000 - $2,500 represent the bulk of Cherry Hill Mall, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.55%.
Cherry Hill Mall, New Jersey Housing tenure**
Renters take up 25% of Cherry Hill Mall, New Jersey real estate, occupying a total of 1,280 units, while homeowners live in 3,898 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$80,625
Average household size of renter-occupied housing units**
2.24
Rental vacancy rate**
10.9%
Cherry Hill Mall, New Jersey Renter-occupied housing units by no. of bedrooms**
There are 518 rentals in Cherry Hill Mall, New Jersey with 2 beds making up the highest share of the market, at 40%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 27 units. Overall, the median number of rooms in Cherry Hill Mall, New Jersey homes for rent is 4.5.
Cherry Hill Mall, New Jersey Renter-occupied units by age of householder**
Most condos for rent in Cherry Hill Mall, New Jersey are occupied by residents in the 35 - 44 years age group (34%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Cherry Hill Mall, New Jersey Renter-occupied housing units by family type**
Cherry Hill Mall, New Jersey Renter-occupied housing units by the presence of own children**
A total of 598 apartments for rent in Cherry Hill Mall, New Jersey, or 47% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 205 units. All in all, the median size of a renter-occupied household in Cherry Hill Mall, New Jersey is 2.24.
Cherry Hill Mall, New Jersey Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Cherry Hill Mall, New Jersey.
Cherry Hill Mall, New Jersey Renter-occupied units by year structure built**
The highest share of Cherry Hill Mall, New Jersey apartment rentals, namely 30% or 381 units, were Built 1960 - 1969, followed by those Built 1990 - 1999 (22%, 285 units), and the ones Built 1950 - 1959 (14%, 182 units).
Cherry Hill Mall, New Jersey Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Cherry Hill Mall, New Jersey renters (39%) moved in 2010 to 2017, while only 1% of them moved in 2021 or later. Overall, the median year renters have occupied their Cherry Hill Mall, New Jersey condos for rent is 2016.
Cherry Hill Mall, New Jersey Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Cherry Hill Mall, New Jersey renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 12% have No vehicle available.
Cherry Hill Mall, New Jersey Means of transportation to work of householders living in renter-occupied housing units**
Cherry Hill Mall, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cherry Hill Mall, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
