$1,295
Total Monthly Price
- 2 Beds
- 1 Bath
- 750 Sq Ft
- Condo for Rent
396 W Clements Bridge Rd Unit 3, Runnemede, NJ 08078
Frequently Asked Questions
How much does it cost to rent a condo in Runnemede, NJ?
The median rent for a condo in Runnemede, NJ is $1,395 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Runnemede, NJ?
To comfortably afford the median rent in Runnemede, NJ, a household needs to earn roughly $98,480 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 $2,462 per month in Runnemede, NJ, renters typically need to show $7,386 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 Runnemede, NJ?
In Runnemede, NJ, the price-to-rent ratio is 11.8, 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 Runnemede, NJ are best for renting a condo?
The best neighborhood for renting in Runnemede, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Philadelphia East and Parkside, each with its own character and price range.
