ZIP Code · NJ

ZIP 08031

Part of Bellmawr, NJ

Pop. 11,737·Camden County·206th most expensive ZIP in New Jersey

Median rent (all units)

$1,672/mo

Year-over-Year

Stable

Month-over-Month

+0.8%

vs US Median

-$260

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 08031 · $1,672

More affordable than 60% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,130

1 BR

$1,230

2 BR

$1,460

3 BR

$1,750

4 BR+

$1,950

Research median

$1,460/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($76,654) is $1,916 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,750); a 4-bedroom is $1,950.

Cheaper nearby

ZIP 08107, 3 miles away, rents for 11% less ($1,486/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08031. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,064/yr

At $1,672/mo median

Location

CityBellmawr

StateNJ

CountyCamden County

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, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 08031 (Bellmawr, NJ) is majority owner-occupied, 23.6% of residents hold a bachelor's degree or higher.

Population

11,737

Median income

$76,654

Median age

38.7

Renters

35.8%

Age distribution

22.6%

22.1%

22.3%

15.3%

17.7%

Under 1822.6%

18–3422.1%

35–5422.3%

55–6415.3%

65+17.7%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

71%

13.1%

White71%

Black7.3%

Hispanic13.1%

Asian7.1%

Other1.4%

Education (25+)

43.1%

23.3%

23.6%

No HS diploma9.9%

HS diploma43.1%

Some college23.3%

Bachelor's+23.6%

Housing tenure

64.2%

35.8%

Owner64.2%

Renter35.8%

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

2021 vs 2026

How ZIP 08031 in Bellmawr, NJ has changed in 5 years

Income

$66,667 → $76,654

up 15.0%

Population

11,631 → 11,737

up 0.9%

Renter share

37.5% → 35.8%

-1.7 pts

Bachelor's+

22.5% → 23.6%

+1.1 pts

Median age

40.3 → 38.7

-1.6 yrs

Local incomes tracked alongside that move, going from a median of $66,667 in 2021 to $76,654 more recently. About 35.8% of households rent today, against 37.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 08031

About renting in ZIP 08031

Last updated: October 17, 2026

ZIP code 08031 covers Bellmawr, NJ. The median rent here is $1,672/mo as of October 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,460/mo.

At 26% of local median household income ($76,654/yr), ZIP 08031 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 08031?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,672/mo in ZIP 08031. The local median household income is $76,654/yr, so the typical household meets that bar.