Cost of Living in Camden County, New Jersey

$1,346/mo
Median Monthly Rent
$262,200
Median Home Value
15% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,346/mo
15% below state average
Median Home Value
$262,200
7% below national
Rent-to-Income Ratio
32.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Camden County Compares

Median monthly rent comparison

Camden County$1,346/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,346/mo
Median Gross Rent
$262,200
Median Home Value
$1,767/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Camden County, New Jersey

Camden County beats national affordability standard

Camden County residents spend 18.7% of household income on rent, below the national average of 18.5%, despite earning modestly above the U.S. median. The county's median household income of $86,384 combined with $1,346 monthly rent creates one of New Jersey's most balanced housing markets.

Among New Jersey's most affordable counties overall

Camden County's 18.7% rent-to-income ratio ranks well within New Jersey's affordability sweet spot, beating the state average of 19.1%. At $1,346 monthly rent, Camden undercuts the statewide median of $1,577 while maintaining healthy median household income.

Undercuts Atlantic and Atlantic beats Burlington

Camden's $1,346 median rent falls $21 below Atlantic County's $1,325 while earning $9,555 more annually, creating superior affordability ratios. Burlington County's $1,669 rent and higher income (19.0% ratio) means Camden offers better entry-level rental accessibility for cost-conscious households.

Ownership reaches deeper into household budgets

Camden renters spend $1,346 monthly while homeowners pay $1,767, a $421 premium tied to $262,200 median home values. With median household income at $86,384, renters allocate 18.7% of earnings to housing versus homeowners at 24.5%—a meaningful jump in financial strain.

Camden offers South Jersey accessibility and affordability

Renters and modest-income buyers will find Camden County's low rent-to-income ratio and home values under $300,000 compelling compared to statewide options. The county's Philadelphia-adjacent location and below-average housing costs make it ideal for households prioritizing affordability without abandoning access to urban employment centers.

Affordability Calculator

See how your income compares to housing costs in Camden County

$

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$2,016

per month

Owner Cost Burden

24.5%

of gross income

The median home in Camden County may be a stretch

Median home value is $262,200. Estimated monthly cost: $2,093 vs. your max of $2,016.

Rent Affordability Guide

Your rent-to-income ratio18.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Camden County, New Jersey?
Camden County, New Jersey has a median monthly rent of $1,346/mo and a median home value of $262,200. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Camden County?
The median gross rent in Camden County is $1,346/mo. This is 15% below state average for New Jersey.
Is Camden County affordable?
Camden County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Camden County's rent compare to the state average?
Camden County's median rent of $1,346/mo is 15% below state average of $1,577/mo for New Jersey.
What is the median home value in Camden County?
The median home value in Camden County, New Jersey is $262,200. This is 7% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.