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ZIP Code · NJ

ZIP 08034

Pop. 20,901·Camden County·97th most expensive ZIP in New Jersey
Median rent (all units)
$2,613/mo
Year-over-Year
+26.5%
Month-over-Month
+14.7%
vs US Median
+$648
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08034 · $2,613
More expensive than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,780
2 BR
$2,120
3 BR
$2,540
4 BR+
$2,840
Research median
$2,120/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
$31,356/yr
At $2,613/mo median
Location
StateNJ
CountyCamden County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 26.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+26.5% YoY, +14.7% MoM), not inventory.
Demographics

Who lives here

ZIP 08034 (Cherry Hill, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 54.7% of residents hold a bachelor's degree or higher.

Population
20,901
Median income
$114,012
Median age
44.4
Renters
24.9%
Age distribution
18.3%
20.6%
26%
12.5%
22.6%
Under 1818.3%
18–3420.6%
35–5426%
55–6412.5%
65+22.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
67.5%
12.9%
White67.5%
Black6.2%
Hispanic12.9%
Asian8.9%
Other4.5%
Education (25+)
19%
20.4%
54.7%
No HS diploma5.9%
HS diploma19%
Some college20.4%
Bachelor's+54.7%
Housing tenure
75.1%
24.9%
Owner75.1%
Renter24.9%

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

2021 vs 2026

How ZIP 08034 in Cherry Hill, NJ has changed in 5 years

Income
$100,173 → $114,012
up 13.8%
Population
19,522 → 20,901
up 7.1%
Renter share
20.3% → 24.9%
+4.6 pts
Bachelor's+
53.4% → 54.7%
+1.3 pts
Median age
43.2 → 44.4
+1.2 yrs

Local incomes tracked alongside that move, going from a median of $100,173 in 2021 to $114,012 more recently. Headcount in the area went from 19,522 to 20,901 between 2021 and 2024, a 7.1% change. About 24.9% of households rent today, against 20.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 08034

About renting in ZIP 08034

Last updated: July 20, 2026

ZIP code 08034 covers Cherry Hill, NJ. The median rent here is $2,613/mo as of July 2026. A 1-bedroom rents for a median of $1,780/mo. A 2-bedroom rents for a median of $2,120/mo.

At 28% of local median household income ($114,012/yr), ZIP 08034 ranks as affordable compared to the national benchmark of 30%. Rents have increased 26.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08034?

As of July 20, 2026, the median monthly rent in ZIP 08034 (Cherry Hill, NJ) is $2,613. This is based on aggregated data from public sources and community submissions.

How does ZIP 08034 rent compare to the US average?

ZIP 08034's median rent of $2,613/mo is $648 (33%) above the US national median of $1,965/mo.

How does ZIP 08034 compare to other ZIPs in New Jersey?

ZIP 08034 falls in the middle range for New Jersey, ranking #97 out of 212 ZIPs at $2,613/mo.

How much income do you need to rent in ZIP 08034?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,613/mo in ZIP 08034. The local median household income is $114,012/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08034?

Rent in ZIP 08034 has increased 26.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 08034 an affordable place to rent?

ZIP 08034 is considered affordable for renters. At $2,613/mo, rent takes approximately 28% of the local median household income ($114,012/yr). The standard benchmark is 30%. ZIP 08034 falls comfortably within that range.

What percentage of ZIP 08034 residents rent vs. own?

According to Census data, approximately 24.9% of ZIP 08034 households are renters, while 75.1% are owner-occupied. ZIP 08034 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08034 compare to the rest of Cherry Hill?

ZIP 08034 is pricier than Cherry Hill as a whole. At $2,613/mo, it's $293 above the Cherry Hill citywide median of $2,320/mo.

When was rent data for ZIP 08034 last updated?

Rent data for ZIP 08034 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,613/mo, rent takes ~28% of ZIP 08034's median household income ($114,012/yr). The standard benchmark is 30%.

ZIP 08034 28%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08034 (Cherry Hill, NJ)

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