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City Report · NJ

Somerdale

Pop. 5,581·175th most expensive in New Jersey·Rental market data updated monthly for Somerdale, NJ
Median rent (all units)
$1,736/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$229
Stable (Monthly)
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Most AffordableMost Expensive
Somerdale · $1,736
More affordable than 58% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,736/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$85,625/yr
Based on the 30%-of-income rule using Somerdale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,360
2 BR
$1,620
3 BR
$1,950
4 BR+
$2,220
Research median
$1,620/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,832/yr
At $1,736/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Somerdale, NJ is majority owner-occupied, has a large retiree population, 26.1% of residents hold a bachelor's degree or higher.

Population
5,581
Median income
$85,625
Median age
42.3
Renters
28.6%
Age distribution
18.5%
17.2%
29.4%
23.2%
Under 1818.5%
18–3417.2%
35–5429.4%
55–6411.6%
65+23.2%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
49.4%
35.5%
White49.4%
Black35.5%
Hispanic11%
Asian3.9%
Education (25+)
33%
32.7%
26.1%
No HS diploma8.2%
HS diploma33%
Some college32.7%
Bachelor's+26.1%
Housing tenure
71.4%
28.6%
Owner71.4%
Renter28.6%

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

2021 vs 2026

How Somerdale, NJ has changed in 5 years

Income
$76,817 → $85,625
up 11.5%
Population
5,476 → 5,581
up 1.9%
Renter share
22.4% → 28.6%
+6.2 pts
Bachelor's+
23.5% → 26.1%
+2.6 pts

Local incomes tracked alongside that move, going from a median of $76,817 in 2021 to $85,625 more recently. The population has grown by 1.9% since 2021, moving from about 5,476 residents to roughly 5,581. Renters now make up 28.6% of households, compared with 22.4% five years ago. College-educated residents now make up 26.1% of adults here, versus 23.5% in 2021.

Community

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

Can you afford rent in Somerdale on your salary?

At $1,736/mo, how Somerdale rent compares to typical pay (30% rule).

By apartment size

Somerdale rent by bedroom count

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

Local insights

Tips for renters in Somerdale

About renting in Somerdale, NJ

Last updated: July 20, 2026

The median rent in Somerdale is $1,736/mo as of July 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,620/mo. One-bedroom apartments average $1,360/mo and 3-bedroom units go for $1,950/mo.

At 24% of local median household income ($85,625/yr), Somerdale ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Somerdale an affordable city for renters?

Somerdale is considered very affordable for renters. At $1,736/mo, rent takes approximately 24% of the local median household income ($85,625/yr). The standard benchmark is 30%. Somerdale falls comfortably within that range.

How much income do you need to rent in Somerdale?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,736/mo in Somerdale. The local median household income is $85,625/yr, meaning the typical Somerdale household meets that threshold.

Is rent going up or down in Somerdale?

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

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

Somerdale is one of the more affordable cities in New Jersey for rent, ranking #175 out of 180 tracked cities at $1,736/mo.

Which nearby cities are cheaper to rent in than Somerdale?

Several nearby cities have lower median rents than Somerdale ($1,736/mo): Bellmawr ($1,662/mo), Audubon ($1,735/mo).

What percentage of Somerdale residents rent vs. own?

According to Census data, approximately 28.6% of Somerdale households are renters, while 71.4% are owner-occupied. Somerdale leans toward homeownership, which can mean a smaller rental inventory.

How does Somerdale rent compare to the national average?

Somerdale's median rent of $1,736/mo is $229 (12%) below the US national median of $1,965/mo. Within New Jersey, it ranks #175 out of 180 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,736/mo, rent takes ~24% of Somerdale's median household income ($85,625/yr). The standard benchmark is 30%.

Somerdale 24%Benchmark 30%
State income tax1.4–10.75%
Run the Somerdale affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Somerdale, NJ

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