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ZIP Code · NJ

ZIP 08109

Pop. 24,022·Camden County·186th most expensive ZIP in New Jersey
Median rent (all units)
$1,967/mo
Year-over-Year
Stable
Month-over-Month
+13.3%
vs US Median
+$2
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08109 · $1,967
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

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: July 20, 2026

Annual cost
$23,604/yr
At $1,967/mo median
Location
StateNJ
CountyCamden County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +13.3% MoM), not inventory.
Demographics

Who lives here

ZIP 08109 (Merchantville, NJ) is majority owner-occupied, has a median income above the national average, 28.8% of residents hold a bachelor's degree or higher.

Population
24,022
Median income
$90,242
Median age
38.8
Renters
28.7%
Age distribution
23.4%
20.2%
28.8%
12.6%
15%
Under 1823.4%
18–3420.2%
35–5428.8%
55–6412.6%
65+15%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
39.8%
17.5%
33.2%
White39.8%
Black17.5%
Hispanic33.2%
Asian11.1%
Education (25+)
12.9%
32.7%
25.6%
28.8%
No HS diploma12.9%
HS diploma32.7%
Some college25.6%
Bachelor's+28.8%
Housing tenure
71.3%
28.7%
Owner71.3%
Renter28.7%

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

2021 vs 2026

How ZIP 08109 in Merchantville, NJ has changed in 5 years

Income
$73,111 → $90,242
up 23.4%
Population
23,273 → 24,022
up 3.2%
Renter share
27.2% → 28.7%
+1.5 pts
Bachelor's+
25.6% → 28.8%
+3.2 pts
Median age
40.7 → 38.8
-1.9 yrs

On the earnings side, the typical household in ZIP 08109 in Merchantville, NJ now reports about $90,242, up from $73,111 in 2021. The population has grown by 3.2% since 2021, moving from about 23,273 residents to roughly 24,022. Renters now make up 28.7% of households, compared with 27.2% five years ago. College-educated residents now make up 28.8% of adults here, versus 25.6% in 2021.

Community

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Local insights

Tips for renters in ZIP 08109

About renting in ZIP 08109

Last updated: July 20, 2026

ZIP code 08109 covers Merchantville, NJ. The median rent here is $1,967/mo as of July 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,580/mo.

At 26% of local median household income ($90,242/yr), ZIP 08109 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 is rent in ZIP code 08109?

As of July 20, 2026, the median monthly rent in ZIP 08109 (Merchantville, NJ) is $1,967. This is based on aggregated data from public sources and community submissions.

How does ZIP 08109 rent compare to the US average?

ZIP 08109's median rent of $1,967/mo is $2 (0%) above the US national median of $1,965/mo.

How does ZIP 08109 compare to other ZIPs in New Jersey?

ZIP 08109 is among the more affordable ZIP codes in New Jersey, ranking #186 out of 212 ZIPs at $1,967/mo.

How much income do you need to rent in ZIP 08109?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,967/mo in ZIP 08109. The local median household income is $90,242/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08109?

Rent in ZIP 08109 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 08109 an affordable place to rent?

ZIP 08109 is considered affordable for renters. At $1,967/mo, rent takes approximately 26% of the local median household income ($90,242/yr). The standard benchmark is 30%. ZIP 08109 falls comfortably within that range.

What percentage of ZIP 08109 residents rent vs. own?

According to Census data, approximately 28.7% of ZIP 08109 households are renters, while 71.3% are owner-occupied. ZIP 08109 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 08109 last updated?

Rent data for ZIP 08109 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,967/mo, rent takes ~26% of ZIP 08109's median household income ($90,242/yr). The standard benchmark is 30%.

ZIP 08109 26%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08109 (Merchantville, NJ)

Recent submissions

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