Average Rent in Mercer, NJ

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Current Versus Historical Mercer, NJ Rents

Mercer rentals average $1,900 for a 1-bedroom rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $2 per square feet.

For the apartment units and housing in March 2025, median rents have risen over the last year. Studio rentals prices have increased by $1,125 (88.24%) year-over-year from $1,275 to $2,400. 1-bedroom rentals prices have increased by $133 (8.00%) year-over-year from $1,667 to $1,800. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,381 to $3,381. 3-bedroom rentals prices have increased by $350 (12.07%) year-over-year from $2,900 to $3,250. 4-bedroom rentals prices have increased by $398 (12.04%) year-over-year from $3,303 to $3,700. 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 8.28% this month. 1-bedroom rents have gone up by 9.15% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 0.65% this month. 4-bedroom rents have gone up by 4.47% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.00	$1,800	$1,667 (8.00%)	$1,375 (30.91%)
2 BR	$2.06	$3,381	$3,381 (0.00%)	$3,381 (0.00%)
3 BR	$2.10	$3,250	$2,900 (12.07%)	$2,458 (32.20%)
4+ BR	$1.91	$3,700	$3,303 (12.04%)	$2,992 (23.68%)

Historical Rents in Mercer, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Mercer

There are a total of 9 cities nearby Mercer. The average rent in Mercer is currently $5,000 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Philadelphia, PA, with an average rent of $1,820, is the most affordable city nearby. In contrast, the most expensive city near Mercer, NJ is West Long Branch, NJ. Monthly rents here are on average $29,500 per month.

Let's compare Mercer, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 9.74% more expensive. Two bedrooms in Mercer, NJ are about 85.71% more affordable. Finally, rent for three bedrooms are about 47.06% more affordable. Want more information? Check out the top 9 cities near Mercer, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,300	$1,715	$1,900	$1,820
Bethlehem, PA	$2,000	$1,313	$1,875	$1,995
Oakhurst, NJ	N/A	N/A	$8,000	$4,100
Asbury Park, NJ	$7,250	$2,175	$7,500	$5,000
Manasquan, NJ	N/A	$2,500	$2,900	$5,000
Point Pleasant Beach, NJ	N/A	$1,588	$2,150	$5,000
Belmar, NJ	N/A	$2,875	$10,000	$6,400
Spring Lake, NJ	N/A	$7,000	$4,550	$9,000
West Long Branch, NJ	N/A	N/A	$5,475	$29,500

Top Neighborhoods Near Mercer

There are a total of 23 neighborhoods in or near Mercer. Some of these neighborhoods include Germantown, Cobbs Creek, and Haddington. We've included all of these top 23 neighborhoods in or near Mercer, NJ in the following chart.

The average rent for these 23 neighborhoods in or near Mercer, NJ is currently around $1,922 per month. A total of 23 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Mercer, Germantown has the most affordable average rent at $1,423 per month. Whereas, at $2,590 average rent per month, Logan Square is the most expensive neighborhood in or near Mercer. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Germantown, Philadelphia, PA	$1,225	$1,378	$1,700	$1,423
Cobbs Creek, Philadelphia, PA	N/A	$1,158	$1,425	$1,438
Haddington, Philadelphia, PA	$925	$900	$1,450	$1,450
Port Richmond, Philadelphia, PA	$1,163	$1,350	$1,400	$1,500
South Philadelphia West, Philadelphia, PA	$1,100	$1,200	$1,575	$1,625
North Philadelphia West, Philadelphia, PA	$1,210	$1,490	$1,500	$1,695
North Philadelphia East, Philadelphia, PA	$1,200	$1,475	$1,800	$1,697
Kensington, Philadelphia, PA	$1,048	$1,638	$1,825	$1,750
Manayunk, Philadelphia, PA	$1,263	$1,498	$1,903	$1,750
Bella Vista - Southwark, Philadelphia, PA	$1,048	$1,433	$1,900	$1,850
Avenue of the Arts South, Philadelphia, PA	$1,150	$1,758	$2,863	$1,900
Northern Liberties - Fishtown, Philadelphia, PA	$1,400	$1,695	$2,450	$1,922
Point Breeze, Philadelphia, PA	$1,131	$1,450	$1,950	$1,950
Spruce Hill, Philadelphia, PA	$1,145	$1,695	$2,100	$1,975
University City, Philadelphia, PA	$1,284	$2,683	$3,866	$1,984
Fairmount - Art Museum, Philadelphia, PA	$1,500	$1,818	$2,195	$1,993
Rittenhouse Square, Philadelphia, PA	$1,575	$2,082	$3,350	$2,050
Center City West, Philadelphia, PA	$1,538	$2,055	$2,850	$2,055
Graduate Hospital, Philadelphia, PA	$1,388	$1,498	$2,075	$2,075
Washington Square West, Philadelphia, PA	$1,460	$2,120	$3,959	$2,075
Fitler Square, Philadelphia, PA	$1,725	$2,048	$2,998	$2,100
Center City East, Philadelphia, PA	$1,411	$1,900	$2,565	$2,125
Logan Square, Philadelphia, PA	$1,761	$2,385	$3,810	$2,590

Top Counties Near Mercer

There are a total of 23 counties located by Mercer, NJ. Some of these counties include Philadelphia, PA, Lower Merion, PA, and Edison, NJ. The average rent for rentals in these counties is $4,250. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,820. Vice versa, with an average rent of $29,500, West Long Branch, NJ is the most expensive county by Mercer, NJ.

In comparison, rent for one bedroom listings in Mercer, NJ is 15.50% more affordable than other counties nearby. Finally, rent for two bedrooms in Mercer, NJ is 12.24% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,300	$1,715	$1,900	$1,820
Lower Merion, PA	$1,872	$2,195	$2,325	$2,428
Edison, NJ	N/A	$1,950	$2,575	$3,000
Howell, NJ	N/A	$2,550	$3,400	$3,300
Neptune, NJ	N/A	$2,400	$2,750	$3,500
Toms River, NJ	N/A	$2,650	$2,854	$3,500
Ocean, NJ	N/A	$4,050	$1,800	$4,250
Brick, NJ	N/A	$1,998	$2,500	$4,900
Belmar, NJ	N/A	$2,875	$10,000	$6,400
West Long Branch, NJ	N/A	N/A	$5,475	$29,500

Top Zipcodes Near Mercer

There are a total of 5 zipcodes in or near Mercer, NJ. The average rent for all of these zipcodes is $1,675. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19131, Philadelphia, PA at $1,400 per month. In comparison, the zipcode with the most expensive average rent of $1,850 per month is 19104, Philadelphia, PA.

Studios in these zipcodes have an average rent of $1,213. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Mercer, NJ is $1,360 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,695 per month. Which comes out to $2 per sqft. The following chart includes the top 5 zipcodes in Mercer, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19104, Philadelphia, PA	$1,265	$1,900	$1,830	$1,850
19144, Philadelphia, PA	$1,213	$1,360	$1,500	$1,435
19128, Philadelphia, PA	$2,338	$1,525	$1,750	$1,675
19145, Philadelphia, PA	$1,100	$1,150	$1,695	$1,700
19131, Philadelphia, PA	$925	$1,150	$1,400	$1,400

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 $2,800. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $1,900 and an average price per square feet of $2.00. There are a total of 19 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 $2,450 and an average price per square feet of $2.06. There are a total of 85 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 0.88%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.00%, and 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 $2,240/month. You can search for these reasonably priced rental listings on RentHop.