Rents are 4% below what Mt Laurel Township's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,336 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 →
12-month history
Last updated: August 17, 2026
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How Mt Laurel Township, NJ has changed in 5 years
Compared with 2021, rent in Mt Laurel Township, NJ has increased by $632 per month, settling near $2,336 after starting the period at $1,704. Taken together, the five-year picture in Mt Laurel Township, NJ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Mt Laurel Township on your salary?
At $2,336/mo, how Mt Laurel Township rent compares to typical pay (30% rule).
Mt Laurel Township rent by bedroom count
Median rent for each apartment size in Mt Laurel Township. Click any size for full breakdown.
Tips for renters in Mt Laurel Township
Last updated: August 17, 2026
The median rent in Mt Laurel Township is $2,336/mo as of August 2026. A studio apartment averages $1,670/mo while a 2-bedroom runs $2,190/mo. One-bedroom apartments average $1,840/mo and 3-bedroom units go for $2,640/mo.
At 39% of estimated US median household income ($72,000/yr), Mt Laurel Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.
Frequently asked questions
Is Mt Laurel Township an affordable city for renters?
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Is rent going up or down in Mt Laurel Township?
How does Mt Laurel Township rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Mt Laurel Township?
How does Mt Laurel Township rent compare to the national average?
At $2,336/mo, rent takes ~39% of US median household income ($72,000/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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