At $1,959/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.
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 $1,959 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: October 17, 2026
What the numbers show
30% of the median household income ($85,625) is $2,141 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,950); a 4-bedroom is $2,220.
From Zillow's monthly rent index (ZORI) for Somerdale. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Somerdale, NJ has changed in 5 years
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.
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Can you afford rent in Somerdale on your salary?
At $1,959/mo, how Somerdale rent compares to typical pay (30% rule).
Somerdale rent by bedroom count
Median rent for each apartment size in Somerdale. Click any size for full breakdown.
Tips for renters in Somerdale
Last updated: October 17, 2026
The median rent in Somerdale is $1,959/mo as of October 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 27% 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.
Frequently asked questions
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Is rent going up or down in Somerdale?
How does Somerdale rent compare to other cities in New Jersey?
At $1,959/mo, rent takes ~27% of Somerdale's median household income ($85,625/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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