|Rent Price||Apr||vs Last Month|
|1 bed apartments||$1,050||N/A|
|2 bed apartments||$1,990||+28.4%|
|3 bed apartments||$2,592||+19.6%|
|4+ bed apartments||$2,867||+17%|
|Rent Type Price||Apr||vs Last Month|
Over the Apr 2020, the average rent for an apartment in/near Cherry Hill, NJ increased by 8.6% to $2,343. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,050 with no changes this month. Pricing for 2-bed apartment also increased by 28.4% and a place of this size will now cost you $1,990. 3-bed apartment rent pricing starts at $2,592, it increased by 19.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 17% and made it up to $2,867.
The median rent for an apartment in Cherry Hill, NJ increased by 22.6% to $1,900. Statistics show that house rent price decreased by 4.2% this month making it up to $2,492. The median rent for a loft did not face significant changes this time, it now still goes for $2,050. The median rent for a townhouse increased by 13.8%, you’ll have to spend around $2,675 to get one.