Thinking about renting in South Jersey and trying to decide between Cherry Hill and Haddonfield? If price is your priority - let's take a look at some of the recent trends in our area, and see which community may provide a better bang for your buck in late 2024. (note - see our sources for more detail at the end of the article below)
- The median rent for all bedrooms and property types is $2,850 per month as of August 20241.
- For specific unit types:
- Studio: $1,631
- 1-bedroom: $2,008
- 2-bedroom: $2,358
- 3-bedroom: $3,229 or more2
Haddonfield:
- The median rent for all bedrooms and property types is $2,160 per month as of October 20244.
- For specific unit types:
- Studio: $1,400
- 1-bedroom: $1,652
- 2-bedroom: $2,035
- 3-bedroom: $2,868
- 4-bedroom: $3,5224
SJlist.com Takeaways: (parting thoughts on price differences for rentals, between the two very complimentary and CLOSE communities of Cherry Hill and Haddonfield - remember, they're only a short drive apart! 😸
- Overall, Cherry Hill appears to have slightly higher rental prices compared to Haddonfield.
- The median rent in Cherry Hill ($2,850) is higher than in Haddonfield ($2,160).
- For most unit types, Cherry Hill's prices are somewhat higher, especially for 1 and 2-bedroom apartments.
- Both areas have seen increases in rent over the past year, with Cherry Hill experiencing a 4.6% increase2 and Haddonfield showing varied changes depending on the unit type4.
Don't forget - none of this is in stone, and all things change, fluctuate and may be different when you're looking to move. (we're writing this in November 2024)
Sources
Average Rental Price in Cherry Hill, NJ & Market Trends - Zillowzillow·1
Average Rent in Cherry Hill, NJ - Latest Rent Prices by Neighborhoodapartments·2
Average Rent in Haddonfield, NJ - Apartments.comapartments·3