Average Rent in 08648, Mercer County, NJ

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Current Versus Historical 08648, Mercer County, NJ Rents

08648 rentals average $1,700 for a 1-bedroom rental to $2,433 for a 4-bedroom rental. The median price of all currently available listings is $2,350, or roughly $23 per square feet.

For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $578 (-22.41%) year-over-year from $2,578 to $2,000. 1-bedroom rentals prices have decreased by $15 (-0.87%) year-over-year from $1,715 to $1,700. 2-bedroom rentals prices have decreased by $21 (-0.88%) year-over-year from $2,371 to $2,350. 3-bedroom rentals prices have decreased by $342 (-9.38%) year-over-year from $3,642 to $3,300. 4-bedroom rentals prices have increased by $633 (16.59%) year-over-year from $3,817 to $4,450. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 8.07% this month. 2-bedroom rents have gone down by 0.70% this month. 3-bedroom rents have gone down by 8.76% this month. 4-bedroom rents have gone up by 29.11% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$17.00	$1,700	$1,715 (-0.87%)	$1,715 (-0.87%)
2 BR	$23.16	$2,350	$2,371 (-0.88%)	$2,225 (5.62%)
3 BR	$22.77	$3,300	$3,642 (-9.38%)	$2,779 (18.74%)
4+ BR	$19.19	$4,450	$3,817 (16.59%)	$3,917 (13.62%)

Historical Rents in 08648, Mercer County, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 08648

There are a total of 22 cities nearby 08648. The average rent in 08648 is currently $2,575 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Chester, PA, with an average rent of $1,393, is the most affordable city nearby. In contrast, the most expensive city near 08648, Mercer County, NJ is Spring Lake, NJ. Monthly rents here are on average $9,650 per month.

Let's compare 08648, Mercer County, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 2.94% more affordable. Two bedrooms in 08648, Mercer County, NJ are about 2.39% more expensive. Finally, rent for three bedrooms are about 23.40% more expensive. Want more information? Check out the top 10 cities out of 22 total cities near 08648, Mercer County, NJ in the following table.

City	Studio	1 Bed	2 Bed	All
Camden, NJ	$1,500	$1,300	$1,650	$1,750
Philadelphia, PA	$1,350	$1,700	$1,850	$1,805
Trenton, NJ	$1,150	$1,500	$1,650	$2,000
Belmar, NJ	$2,000	$2,425	$2,375	$2,775
Oakhurst, NJ	N/A	N/A	$2,400	$3,000
Toms River, NJ	N/A	$1,975	$2,625	$3,150
Point Pleasant Beach, NJ	N/A	$1,650	$2,200	$3,400
Asbury Park, NJ	$2,600	$3,100	$3,830	$3,475
Manasquan, NJ	N/A	N/A	$2,288	$3,750
Spring Lake, NJ	$2,600	$2,200	$3,550	$9,650

Top Neighborhoods Near 08648

There are a total of 84 neighborhoods in or near 08648. Some of these neighborhoods include North Philadelphia West, North Philadelphia East, and Northern Liberties - Fishtown. We've included the top 30 neighborhoods out of 84 total neighborhoods in or near 08648, Mercer County, NJ in the following table.

The average rent for these 30 neighborhoods in or near 08648, Mercer County, NJ is currently around $3,973 per month. A total of 29 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 08648's average rent, which is only $2,350. Out of all the neighborhoods in or near 08648, Tioga - Nicetown has the most affordable average rent at $1,300 per month. Whereas, at $7,995 average rent per month, Tribeca is the most expensive neighborhood in or near 08648. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Philadelphia West, Philadelphia, PA	$1,295	$1,245	$1,450	$1,600
North Philadelphia East, Philadelphia, PA	$1,300	$1,800	$1,650	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,436	$1,775	$2,400	$2,030
Avenue of the Arts South, Philadelphia, PA	$1,350	$2,022	$2,986	$2,049
Center City East, Philadelphia, PA	$1,340	$2,078	$2,713	$2,100
Fairmount - Art Museum, Philadelphia, PA	$1,543	$1,875	$2,495	$2,100
Center City West, Philadelphia, PA	$1,545	$2,285	$3,705	$2,345
Bedford-Stuyvesant, New York, NY	$3,225	$3,458	$4,195	$3,795
Crown Heights, New York, NY	$2,850	$3,427	$4,500	$3,800
Bushwick, New York, NY	$3,985	$3,601	$3,982	$3,999
Downtown Brooklyn, New York, NY	$3,595	$4,395	$6,452	$4,493
Prospect Heights, New York, NY	$3,498	$4,424	$5,778	$4,524
Long Island City, New York, NY	$3,694	$4,523	$6,692	$4,543
Greenpoint, New York, NY	$3,690	$4,600	$6,877	$4,600
Murray Hill, New York, NY	$4,050	$5,251	$7,800	$4,856
Midtown, New York, NY	$3,900	$4,903	$7,850	$4,942
Hell's Kitchen, New York, NY	$3,720	$4,693	$6,500	$4,995
Upper East Side, New York, NY	$3,350	$4,450	$8,200	$5,000
Williamsburg, New York, NY	$4,010	$5,000	$5,700	$5,021
Financial District, New York, NY	$4,176	$5,388	$7,700	$5,257
Upper West Side, New York, NY	$3,500	$5,000	$7,300	$5,295
Midtown East, New York, NY	$4,050	$5,250	$7,350	$5,304
Kips Bay, New York, NY	$3,817	$4,574	$5,980	$5,425
Hudson Yards, New York, NY	$4,400	$5,598	$8,000	$5,650
East Village, New York, NY	$3,795	$4,200	$5,995	$5,995
Lower East Side, New York, NY	$4,211	$4,495	$7,193	$5,995
Chelsea, New York, NY	$4,475	$6,295	$9,905	$6,147
Greenwich Village, New York, NY	$5,175	$6,300	$8,480	$6,300
West Village, New York, NY	$4,850	$5,900	$7,000	$6,495
Gramercy Park, New York, NY	$4,595	$6,775	$6,500	$7,000

Top Counties Near 08648

There are a total of 22 counties located by 08648, Mercer County, NJ. Some of these counties include Philadelphia, PA, Camden, NJ, and Union, NJ. The average rent for rentals in these counties is $2,525. That's roughly around $24 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Chester, PA. Its average rent per month is $1,393. Vice versa, with an average rent of $5,450, Manhattan, New York, NY is the most expensive county by 08648, Mercer County, NJ.

In comparison, rent for one bedroom listings in 08648, Mercer County, NJ is 4.78% more affordable than other counties nearby. Finally, rent for two bedrooms in 08648, Mercer County, NJ is 1.06% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,350	$1,700	$1,850	$1,805
Camden, NJ	$1,250	$1,500	$2,000	$2,250
Union, NJ	$1,650	$1,973	$2,350	$2,500
Mercer, NJ	$1,300	$1,913	$2,350	$2,550
Burlington, NJ	$1,400	$1,600	$2,225	$2,600
Middlesex, NJ	$1,850	$1,895	$2,500	$2,775
Lower Merion, PA	$1,375	$1,665	$2,538	$2,825
Ocean, NJ	$1,800	$1,763	$2,300	$3,000
Somerset, NJ	N/A	$1,950	$2,700	$3,050
Monmouth, NJ	$2,000	$2,200	$2,900	$3,200

Top Zipcodes Near 08648

There are a total of 49 zipcodes in or near 08648, Mercer County, NJ. The average rent for all of these zipcodes is $4,600. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19144, Philadelphia, PA at $1,443 per month. In comparison, the zipcode with the most expensive average rent of $7,995 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,677. That's at least $86 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 08648, Mercer County, NJ is $4,400 per month. Or in other words, $84 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,495 per month. Which comes out to $80 per sqft. The following table includes the top 10 zipcodes in 08648, Mercer County, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$4,050	$5,250	$7,000	$5,395
10019, New York, NY	$3,830	$4,799	$7,000	$4,995
10003, New York, NY	$4,325	$5,700	$6,995	$5,955
10009, New York, NY	$3,423	$4,495	$5,995	$5,995
10038, New York, NY	$4,102	$5,495	$8,201	$5,495
11201, New York, NY	$3,619	$4,399	$6,495	$4,770
19103, Philadelphia, PA	$1,817	$2,410	$3,750	$2,540
11101, New York, NY	$3,694	$4,543	$6,575	$4,633
10036, New York, NY	$4,013	$5,395	$7,295	$5,625
10005, New York, NY	$4,292	$5,308	$7,868	$4,991

Frequently Asked Questions - 08648 Average Rents

What is the average rent price in 08648, Mercer County, NJ?

The average monthly rental price for 08648, Mercer County, NJ apartments for rent is approximately $2,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 08648, Mercer County, NJ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 08648, Mercer County, NJ.

How much is a one bedroom apartment in 08648, Mercer County, NJ?

The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $17.00. There are a total of 3 one bedroom apartment listings currently available for rent in 08648.

How much is a two bedroom apartment in 08648, Mercer County, NJ?

The average monthly rental price for two bedroom apartments is $2,350 and an average price per square feet of $23.16. There are a total of 36 two bedroom apartment listings currently available for rent in 08648.

How have rent prices in 08648, Mercer County, NJ changed this year?

Rent prices for rentals in 08648, Mercer County, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by -0.09% year-over-year.

What is a reasonable rent price in 08648, Mercer County, NJ?

A reasonable rent price in 08648, Mercer County, NJ is around $1,880/month. You can search for these reasonably priced rental listings on RentHop.