Cherry Hill Mall renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Cherry Hill Mall is about $1,477 per month. This puts it in the 44th percentile compared to the state average cost of rent, which is $1,647. Households in Cherry Hill Mall have a median income of $8,764 per month so the average renter in Cherry Hill Mall is spending roughly 17% of their earnings on housing.
Nationally, and in Cherry Hill Mall, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cherry Hill Mall is $258,406 right now, which is lower than nearby cities, meaning that rents in Cherry Hill Mall also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Cherry Hill Mall while lower rent rates are often available in eastern areas.
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