Average Rent in Mercer, NJ

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Current Versus Historical Mercer, NJ Rents

Mercer rentals average $975 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $24 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,008 (-50.83%) year-over-year from $1,983 to $975. 1-bedroom rentals prices have increased by $271 (17.29%) year-over-year from $1,567 to $1,838. 2-bedroom rentals prices have decreased by $945 (-28.05%) year-over-year from $3,370 to $2,425. 3-bedroom rentals prices have decreased by $442 (-11.88%) year-over-year from $3,717 to $3,275. 4-bedroom rentals prices have increased by $125 (2.86%) year-over-year from $4,375 to $4,500. 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 13.96% this month. 1-bedroom rents have gone up by 8.41% this month. 2-bedroom rents have gone up by 0.69% this month. 3-bedroom rents have gone up by 2.88% this month. 4-bedroom rents have gone up by 8.87% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $29.25 $975 $1,983 (-50.83%) $1,582 (-38.38%)
1 BR $25.46 $1,838 $1,567 (17.29%) $1,517 (21.15%)
2 BR $25.69 $2,425 $3,370 (-28.05%) $3,381 (-28.28%)
3 BR $23.39 $3,275 $3,717 (-11.88%) $3,372 (-2.87%)
4+ BR $23.36 $4,500 $4,375 (2.86%) $4,033 (11.57%)

Historical Rents in Mercer, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Mercer

There are a total of 23 cities nearby Mercer. The average rent in Mercer is currently $2,900 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Chester, PA, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near Mercer, NJ is Spring Lake, NJ. Monthly rents here are on average $11,000 per month.

Let's compare Mercer, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Mercer, NJ is 59.49% more expensive than other cities nearby. One bedrooms are about 2.70% more expensive. Two bedrooms in Mercer, NJ are about 4.69% more affordable. Finally, rent for three bedrooms are about 0.78% more affordable. Want more information? Check out the top 10 cities out of 23 total cities near Mercer, NJ in the following table.
City Studio 1 Bed 2 Bed All
Philadelphia, PA $1,398 $1,718 $1,875 $1,800
Trenton, NJ $975 $1,350 $1,800 $2,000
New Brunswick, NJ N/A $1,750 $2,450 $2,600
Ocean Grove, NJ N/A $1,800 $2,500 $2,900
Oakhurst, NJ N/A N/A $2,400 $3,000
Toms River, NJ N/A $2,025 $2,538 $3,200
Belmar, NJ $1,000 $2,450 $2,575 $3,225
Asbury Park, NJ $2,500 $3,225 $3,650 $3,500
Manasquan, NJ N/A $2,700 $3,100 $4,000
Spring Lake, NJ $2,750 $2,550 $5,475 $11,000

Top Neighborhoods Near Mercer

There are a total of 92 neighborhoods in or near Mercer. Some of these neighborhoods include North Philadelphia West, North Philadelphia East, and Northern Liberties - Fishtown. We've included the top 30 neighborhoods out of 92 total neighborhoods in or near Mercer, NJ in the following table.

The average rent for these 30 neighborhoods in or near Mercer, NJ is currently around $3,747 per month. A total of 38 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is higher than Mercer's average rent, which is only $2,600. Out of all the neighborhoods in or near Mercer, Frankford has the most affordable average rent at $1,000 per month. Whereas, at $8,175 average rent per month, Little Italy is the most expensive neighborhood in or near Mercer. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Philadelphia West, Philadelphia, PA $1,200 $1,275 $1,497 $1,597
North Philadelphia East, Philadelphia, PA $1,300 $1,746 $1,675 $1,750
Northern Liberties - Fishtown, Philadelphia, PA $1,425 $1,795 $2,383 $1,995
Fairmount - Art Museum, Philadelphia, PA $1,522 $1,989 $2,300 $2,047
Center City East, Philadelphia, PA $1,413 $2,100 $2,898 $2,179
Bedford-Stuyvesant, New York, NY $3,250 $3,395 $3,925 $3,500
Crown Heights, New York, NY $3,250 $3,493 $4,358 $3,697
Bushwick, New York, NY $3,369 $3,500 $3,800 $3,850
East Harlem, New York, NY $3,650 $3,568 $3,695 $4,000
Prospect Heights, New York, NY $3,732 $4,405 $6,295 $4,414
Downtown Brooklyn, New York, NY $3,650 $4,395 $6,495 $4,438
Long Island City, New York, NY $3,662 $4,595 $6,500 $4,575
Fort Greene, New York, NY $3,579 $4,575 $6,895 $4,700
Greenpoint, New York, NY $3,645 $4,503 $6,879 $4,707
Hell's Kitchen, New York, NY $3,785 $4,500 $6,500 $4,775
Upper East Side, New York, NY $3,195 $4,400 $7,100 $4,875
Murray Hill, New York, NY $3,925 $5,049 $7,792 $4,998
Williamsburg, New York, NY $4,100 $5,273 $5,050 $5,050
Financial District, New York, NY $4,085 $5,349 $7,600 $5,175
Midtown East, New York, NY $3,824 $5,000 $7,373 $5,285
Upper West Side, New York, NY $3,600 $4,895 $7,000 $5,295
Midtown, New York, NY $4,045 $5,000 $7,815 $5,339
Kips Bay, New York, NY $4,029 $4,740 $6,330 $5,500
Hudson Yards, New York, NY $4,350 $5,595 $8,495 $5,650
East Village, New York, NY $4,150 $4,295 $6,296 $5,700
West Village, New York, NY $4,650 $5,650 $7,200 $5,995
Greenwich Village, New York, NY $4,700 $6,300 $8,255 $6,000
Chelsea, New York, NY $4,350 $6,258 $9,500 $6,254
Lower East Side, New York, NY $4,168 $4,495 $5,995 $6,295
Gramercy Park, New York, NY $4,100 $5,600 $6,625 $6,500

Top Counties Near Mercer

There are a total of 21 counties located by Mercer, NJ. Some of these counties include Upper Darby, PA, Philadelphia, PA, and Camden, NJ. The average rent for rentals in these counties is $2,500. That's roughly around $26 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Chester, PA. Its average rent per month is $1,350. Vice versa, with an average rent of $5,495, Manhattan, New York, NY is the most expensive county by Mercer, NJ.

Typically, rent for studios in Mercer, NJ is 43.33% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Mercer, NJ is 2.43% more affordable than other counties nearby. Finally, rent for two bedrooms in Mercer, NJ is 4.17% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Upper Darby, PA $1,500 $1,300 $1,448 $1,600
Philadelphia, PA $1,398 $1,718 $1,875 $1,800
Camden, NJ $1,395 $1,500 $2,000 $2,200
Burlington, NJ $1,550 $1,550 $2,100 $2,500
Union, NJ $1,345 $1,900 $2,250 $2,500
Middlesex, NJ $2,000 $1,913 $2,500 $2,700
Lower Merion, PA N/A $1,825 $2,590 $2,700
Somerset, NJ N/A $1,900 $2,700 $3,200
Ocean, NJ $4,000 $1,900 $2,375 $3,400
Monmouth, NJ $2,200 $2,280 $2,950 $3,500

Top Zipcodes Near Mercer

There are a total of 49 zipcodes in or near Mercer, NJ. The average rent for all of these zipcodes is $4,700. A total of 12 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 $1,480 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,650. That's at least $91 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Mercer, NJ is $4,495 per month. Or in other words, $87 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,480 per month. Which comes out to $82 per sqft. The following table includes the top 10 zipcodes in Mercer, 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 $4,000 $5,072 $7,000 $5,500
10019, New York, NY $4,000 $4,670 $7,175 $4,995
10003, New York, NY $4,350 $5,575 $6,995 $5,900
10009, New York, NY $3,299 $4,400 $6,133 $5,995
10038, New York, NY $3,900 $5,495 $7,400 $5,395
11201, New York, NY $3,650 $4,415 $6,495 $4,690
11101, New York, NY $3,745 $4,616 $6,480 $4,643
10036, New York, NY $4,108 $5,348 $7,995 $5,500
19103, Philadelphia, PA $1,762 $2,425 $3,748 $2,403
10005, New York, NY $4,100 $5,151 $7,728 $4,969

Frequently Asked Questions - Mercer Average Rents

What is the average rent price in Mercer, NJ?
The average monthly rental price for Mercer, NJ apartments for rent is approximately $2,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Mercer, 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 Mercer, NJ.
How much is a studio apartment in Mercer, NJ?
The average monthly rental price for studio apartments is $975 and an average price per square feet of $29.25. There are a total of 9 studio apartment listings currently available for rent in Mercer.
How much is a one bedroom apartment in Mercer, NJ?
The average monthly rental price for one bedroom apartments is $1,850 and an average price per square feet of $25.46. There are a total of 43 one bedroom apartment listings currently available for rent in Mercer.
How much is a two bedroom apartment in Mercer, NJ?
The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $25.69. There are a total of 171 two bedroom apartment listings currently available for rent in Mercer.
How have rent prices in Mercer, NJ changed this year?
Rent prices for rentals in Mercer, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.51%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by -0.28%, three bedroom rental prices have changed by -0.12% year-over-year.
What is a reasonable rent price in Mercer, NJ?
A reasonable rent price in Mercer, NJ is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.
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