$3,100 Per Month
- 3 Beds
- 2 Baths
- 1,568 Sq Ft
- House for Rent
15 Embassy Dr, Cherry Hill, NJ 08002
15 Embassy Dr, Cherry Hill, NJ 08002
Frequently Asked Questions
How much does it cost to rent a single-family home in Cherry Hill, NJ?
The median rent for a single-family home in Cherry Hill, NJ is $2,300 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 $92,000 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 $2,300 per month in Cherry Hill, NJ, renters typically need to show $6,900 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 20.0, 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 single-family home?
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 single-family home include Port Richmond and Fishtown, each with its own character and price range.
