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Studio Condo for Rent in Cherry Hill, NJ

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    $1,500 Per Month

    • Studio
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    111 Chestnut St Unit 507, Cherry Hill, NJ 08002

    Well-maintained studio condo available for rent at Chestnut Place in Cherry Hill. This move-in-ready unit features a new kitchen, open living/sleeping area, full bathroom, tiled bathroom floor, tiled standing shower, and access to shared basement laundry. Community amenities include an outdoor swimming pool, a laundry area, a fitness room, and a parking lot. Convenient location close to shopping,

    Gulmufer 'Gul' Ali EXP Realty, LLC

    111 Chestnut St Unit 507, Cherry Hill, NJ 08002

Frequently Asked Questions

How much does it cost to rent a condo in Cherry Hill, NJ?
The median rent for a condo in Cherry Hill, NJ is $2,615 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Cherry Hill, NJ?
To comfortably afford the median rent in Cherry Hill, NJ, a household needs to earn roughly $106,720 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,668 per month in Cherry Hill, NJ, renters typically need to show $8,004 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cherry Hill, NJ?
In Cherry Hill, NJ, the price-to-rent ratio is 15.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cherry Hill, NJ are best for renting a condo?
The best neighborhood for renting in Cherry Hill, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Society Hill, Old City, Northern Liberties, Washington Square West and Center City Market East, each with its own character and price range.

Condo Rental Trends in Cherry Hill, NJ

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,615
Median 1 Bedroom Condo Rent
$2,668
Median 2 Bedroom Condo Rent
$2,300
Median 3 Bedroom Condo Rent
$3,250
How to Rent a Home