$3,900 Per Month
- 3 Beds
- 2.5 Baths
- 2,290 Sq Ft
- Townhouse for Rent
11 Sisters Farmstead Dr, Mount Laurel, NJ 08054
11 Sisters Farmstead Dr, Mount Laurel, NJ 08054
Frequently Asked Questions Why Live in Cherry Hill
How much does it cost to rent a townhouse in Cherry Hill, NJ?
The median rent for a townhouse in Cherry Hill, NJ is $2,375 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes 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 $119,560 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 $2,989 per month in Cherry Hill, NJ, renters typically need to show $8,967 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 13.7, 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 townhouse?
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 townhouse include Marlton, Parkside, Fairview, Lanning Square and Port Richmond, each with its own character and price range.
