ZIP Code · NJ

ZIP 08083

Part of Somerdale, NJ

Pop. 9,606·Camden County·189th most expensive ZIP in New Jersey

Median rent (all units)

$1,959/mo

Year-over-Year

Stable

Month-over-Month

+1.5%

vs US Median

+$27

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 08083 · $1,959

More expensive than 59% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,220

1 BR

$1,330

2 BR

$1,580

3 BR

$1,890

4 BR+

$2,120

Research median

$1,580/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 ($96,653) is $2,416 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,120).

Cheaper nearby

ZIP 08031, 4 miles away, rents for 15% less ($1,672/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08083. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,508/yr

At $1,959/mo median

Location

CitySomerdale

StateNJ

CountyCamden County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.5% MoM), not inventory.

Demographics

Who lives here

ZIP 08083 (Somerdale, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 31.5% of residents hold a bachelor's degree or higher.

Population

9,606

Median income

$96,653

Median age

43.2

Renters

24%

Age distribution

18.7%

19%

27.9%

12.7%

21.6%

Under 1818.7%

18–3419%

35–5427.9%

55–6412.7%

65+21.6%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

61.3%

22.6%

White61.3%

Black22.6%

Hispanic9.6%

Asian4%

Other2.5%

Education (25+)

30.5%

31%

31.5%

No HS diploma7%

HS diploma30.5%

Some college31%

Bachelor's+31.5%

Housing tenure

76%

24%

Owner76%

Renter24%

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

2021 vs 2026

How ZIP 08083 in Somerdale, NJ has changed in 5 years

Income

$82,799 → $96,653

up 16.7%

Population

9,704 → 9,606

down 1.0%

Renter share

20.6% → 24%

+3.4 pts

Bachelor's+

28.9% → 31.5%

+2.6 pts

Median age

42.7 → 43.2

+0.5 yrs

Household income in the area moved from $82,799 to $96,653 across the same window, up 16.7% versus 2021. Headcount in the area went from 9,704 to 9,606 between 2021 and 2024, a 1.0% change. About 24% of households rent today, against 20.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 28.9% to 31.5%.

Community

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Local insights

Tips for renters in ZIP 08083

About renting in ZIP 08083

Last updated: October 17, 2026

ZIP code 08083 covers Somerdale, NJ. The median rent here is $1,959/mo as of October 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,580/mo.

At 24% of local median household income ($96,653/yr), ZIP 08083 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 08083?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,959/mo in ZIP 08083. The local median household income is $96,653/yr, so the typical household meets that bar.