City Report · NJ

Collingswood

Pop. 14,205·183rd most expensive in New Jersey·Rental market data updated monthly for Collingswood, NJ
Median rent (all units)
$1,588/mo
Year-over-Year
-2.8%
Month-over-Month
-0.8%
vs US Median
-$374
Falling (Monthly)
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Most AffordableMost Expensive
Collingswood · $1,588
More affordable than 70% of US cities · National median $1,962/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 9% below what Collingswood's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,588/mo
Expected by trend
$1,739/mo
The Rent Reality Score compares today's median rent to where Collingswood's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,395
1 BR
$1,535
2 BR
$1,830
3 BR
$2,205
4 BR+
$2,505
Fair Market Rent (HUD)
$1,830/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,588 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,056/yr
At $1,588/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.8% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

Collingswood, NJ is majority owner-occupied, has a median income above the national average, 53.9% of residents hold a bachelor's degree or higher.

Population
14,205
Median income
$90,184
Median age
39.1
Renters
43%
Age distribution
19.7%
23.9%
27.8%
12.8%
15.8%
Under 1819.7%
18–3423.9%
35–5427.8%
55–6412.8%
65+15.8%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
77.8%
White77.8%
Black8.6%
Hispanic7.5%
Asian1.3%
Other4.8%
Education (25+)
19.4%
21.1%
53.9%
No HS diploma5.6%
HS diploma19.4%
Some college21.1%
Bachelor's+53.9%
Housing tenure
57%
43%
Owner57%
Renter43%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Collingswood, NJ has changed in 5 years

Rent
$1,478 → $1,588
up 7.4%
Income
$74,327 → $90,184
up 21.3%
Population
14,087 → 14,205
up 0.8%
Renter share
48.7% → 43%
-5.7 pts
Bachelor's+
48% → 53.9%
+5.9 pts
Median age
40.4 → 39.1
-1.3 yrs

Since 2023, the typical rent in Collingswood, NJ has increased from $1,478 to $1,588, a 7.4% change over five years. On the earnings side, the typical household in Collingswood, NJ now reports about $90,184, up from $74,327 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 43% of households, compared with 48.7% five years ago. College-educated residents now make up 53.9% of adults here, versus 48% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Collingswood, NJ reflects that arc in its own way.

Community

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View Collingswood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Collingswood on your salary?

At $1,588/mo, how Collingswood rent compares to typical pay (30% rule).

By apartment size

Collingswood rent by bedroom count

Median rent for each apartment size in Collingswood. Click any size for full breakdown.

Local insights

Tips for renters in Collingswood

About renting in Collingswood, NJ

Last updated: August 17, 2026

The median rent in Collingswood is $1,588/mo as of August 2026. A studio apartment averages $1,395/mo while a 2-bedroom runs $1,830/mo. One-bedroom apartments average $1,535/mo and 3-bedroom units go for $2,205/mo.

At 21% of local median household income ($90,184/yr), Collingswood ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

Is Collingswood an affordable city for renters?

Collingswood is considered very affordable for renters. At $1,588/mo, rent takes approximately 21% of the local median household income ($90,184/yr). The standard benchmark is 30%. Collingswood falls comfortably within that range.

How much income do you need to rent in Collingswood?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,588/mo in Collingswood. The local median household income is $90,184/yr, meaning the typical Collingswood household meets that threshold.

Is rent going up or down in Collingswood?

Rent in Collingswood has decreased 2.8% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Collingswood neighborhoods have the lowest rent?

The most affordable ZIP codes in Collingswood are 08107 ($1,473/mo), and 08108 ($2,536/mo). Citywide, the median rent in Collingswood is $1,588/mo.

How does Collingswood rent compare to other cities in New Jersey?

Collingswood is one of the more affordable cities in New Jersey for rent, ranking #183 out of 183 tracked cities at $1,588/mo.

What percentage of Collingswood residents rent vs. own?

According to Census data, approximately 43% of Collingswood households are renters, while 57% are owner-occupied. Collingswood leans toward homeownership, which can mean a smaller rental inventory.

How does Collingswood rent compare to the national average?

Collingswood's median rent of $1,588/mo is $374 (19%) below the US national median of $1,962/mo. Within New Jersey, it ranks #183 out of 183 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,588/mo, rent takes ~21% of Collingswood's median household income ($90,184/yr). The standard benchmark is 30%.

Collingswood 21%Benchmark 30%
State income tax1.4–10.75%
Run the Collingswood affordability calculator →
Lowest-rent ZIP codes in Collingswood
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Collingswood, NJ

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