property
Camden Rents Hit $1,650 as Tenant Burden Peaks
Average rents at $1,650 reflect a warm market where modest gains meet high rent-burden levels for many households.
How we reported this
The average rent in Camden, NJ stands at $1,650 per month as of July 2026. This level sits 15-20% below the national average while the local market temperature registers as warm after a $50 increase over the past year.
Rent Levels Across Unit Types
Rent prices differ by unit type. One-bedroom apartments average $1,347, two-bedroom units average $1,575, and houses average $1,775. These figures show how smaller units remain more accessible while larger homes command higher monthly payments for both tenants seeking space and landlords managing property returns.
Market Temperature and Vacancy Trends
The apartment vacancy rate in the Camden HMA reached 5.6% in Q1 2025, down from 6.4% in Q1 2024 yet still above pre-pandemic levels. Over half of Camden housing units are renter-occupied, with 58.3% of households classified as rent-burdened and 16% of units vacant. The combination of lower vacancy and sustained renter share points to steady demand that supports the recorded $50 rent rise while leaving many households paying a large share of income toward housing.
Effects on Tenants and Landlords
Tenants face ongoing pressure from the 58.3% rent-burden rate even as overall rents sit below national averages. Landlords encounter a warm market that delivered the $50 annual gain alongside a vacancy rate that remains tighter than pre-pandemic conditions. Over half the housing stock being renter-occupied sustains occupancy but also concentrates the impact of any further rent movement on the large share of cost-burdened households.
Market participants can monitor quarterly vacancy reports and unit-type averages to gauge whether the current warm temperature continues or shifts. Tracking these indicators helps both sides plan lease negotiations without relying on unverified projections.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.