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City Report · NJ

Pennsauken

·125th most expensive in New Jersey·Pennsauken rents are up 25.3% over the past year
Median rent (all units)
$2,369/mo
Year-over-Year
+25.3%
Month-over-Month
+2.5%
vs US Median
+$404
Rising (Monthly)
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Most AffordableMost Expensive
Pennsauken · $2,369
More expensive than 75% of US cities · National median $1,965/mo
Affordability
39% of income
MODERATE
0%30% benchmark60%+

At $2,369/mo, rent takes about 39% of the US median household income, slightly above the 30% benchmark.

Income to afford
$95,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Pennsauken's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,428/yr
At $2,369/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 25.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+25.3% YoY, +2.5% MoM), not inventory.
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View Pennsauken rent history (2015–2026) →
Salary vs rent

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At $2,369/mo, how Pennsauken rent compares to typical pay (30% rule).

Local insights

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About renting in Pennsauken, NJ

Last updated: July 20, 2026

The median rent in Pennsauken is $2,369/mo as of July 2026.

At 39% of estimated US median household income ($72,000/yr), Pennsauken ranks as moderate compared to the national benchmark of 30%. Rents have increased 25.3% over the past year.

FAQ

Frequently asked questions

Is Pennsauken an affordable city for renters?

Pennsauken is considered moderate for renters. At $2,369/mo, rent takes approximately 39% of the US median household income ($72,000/yr). The standard benchmark is 30%. Pennsauken slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Pennsauken?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,369/mo in Pennsauken.

Is rent going up or down in Pennsauken?

Rent in Pennsauken has increased 25.3% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Pennsauken is one of the more affordable cities in New Jersey for rent, ranking #125 out of 180 tracked cities at $2,369/mo.

Which nearby cities are cheaper to rent in than Pennsauken?

Several nearby cities have lower median rents than Pennsauken ($2,369/mo): Collingswood ($1,601/mo), Maple Shade Township ($1,708/mo), Audubon ($1,735/mo).

How does Pennsauken rent compare to the national average?

Pennsauken's median rent of $2,369/mo is $404 (21%) above the US national median of $1,965/mo. Within New Jersey, it ranks #125 out of 180 tracked cities.
Income Affordability
39%
MODERATE

At $2,369/mo, rent takes ~39% of US median household income ($72,000/yr). The standard benchmark is 30%.

Pennsauken 39%Benchmark 30%
State income tax1.4–10.75%
Run the Pennsauken affordability calculator →
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