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City Report · NJ

Moorestown Township

·101st most expensive in New Jersey·Rental market data updated monthly for Moorestown Township, NJ
Median rent (all units)
$2,537/mo
Year-over-Year
Stable
Month-over-Month
-3.6%
vs US Median
+$575
Falling (Monthly)
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Most AffordableMost Expensive
Moorestown Township · $2,537
More expensive than 80% of US cities · National median $1,962/mo
Affordability
42% of income
STRETCHED
0%30% benchmark60%+

At $2,537/mo, rent takes about 42% of the US median household income, well above the 30% benchmark.

Income to afford
$101,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Moorestown Township's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,670
2 BR
$1,990
3 BR
$2,400
4 BR+
$2,730
Fair Market Rent (HUD)
$1,990/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,537 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
$30,444/yr
At $2,537/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.6% MoM), not inventory.
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View Moorestown Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Moorestown Township on your salary?

At $2,537/mo, how Moorestown Township rent compares to typical pay (30% rule).

By apartment size

Moorestown Township rent by bedroom count

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

Local insights

Tips for renters in Moorestown Township

About renting in Moorestown Township, NJ

Last updated: August 17, 2026

The median rent in Moorestown Township is $2,537/mo as of August 2026. A studio apartment averages $1,520/mo while a 2-bedroom runs $1,990/mo. One-bedroom apartments average $1,670/mo and 3-bedroom units go for $2,400/mo.

At 42% of estimated US median household income ($72,000/yr), Moorestown Township ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Moorestown Township an affordable city for renters?

Moorestown Township is considered stretched for renters. At $2,537/mo, rent takes approximately 42% of the US median household income ($72,000/yr). The standard benchmark is 30%. Moorestown Township significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Moorestown Township?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,537/mo in Moorestown Township.

Is rent going up or down in Moorestown Township?

Rent in Moorestown Township has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Moorestown Township rent compare to other cities in New Jersey?

Moorestown Township is middle-of-the-pack for New Jersey for rent, ranking #101 out of 183 tracked cities at $2,537/mo.

Which nearby cities are cheaper to rent in than Moorestown Township?

Several nearby cities have lower median rents than Moorestown Township ($2,537/mo): Maple Shade Township ($1,723/mo), Edgewater Park Township ($1,811/mo), Cherry Hill ($2,292/mo).

How does Moorestown Township rent compare to the national average?

Moorestown Township's median rent of $2,537/mo is $575 (29%) above the US national median of $1,962/mo. Within New Jersey, it ranks #101 out of 183 tracked cities.
Income Affordability
42%
STRETCHED

At $2,537/mo, rent takes ~42% of US median household income ($72,000/yr). The standard benchmark is 30%.

Moorestown Township 42%Benchmark 30%
State income tax1.4–10.75%
Run the Moorestown Township affordability calculator →
Lowest-rent ZIP codes in Moorestown Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Moorestown Township, NJ

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