What is the Fair Market Rent in Cherry Hill Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,210 to $2,500 a month across the 3 ZIP codes that cover Cherry Hill Township.

By ZIP code: 08002 $2,470, 08034 $2,210, 08003 $2,500.

Across the whole Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA the two-bedroom figure is $1,860.

The Census Bureau’s median gross rent for a two-bedroom home in Cherry Hill Township is $2,080 (±$134), below the Small Area figure for ZIP 08002.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,860
2 bedrooms, ZIP 08002: $2,470
2 bedrooms, ZIP 08034: $2,210
2 bedrooms, ZIP 08003: $2,500

Fair Market Rents for Cherry Hill Township, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (whole area)	$1,438	$1,558	$1,860	$2,216	$2,445	—
ZIP 08002	$1,910	$2,070	$2,470	$2,940	$3,250	$1,974
ZIP 08034	$1,710	$1,850	$2,210	$2,630	$2,900	$1,842
ZIP 08003	$1,930	$2,090	$2,500	$2,980	$3,290	$1,638

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

The figures for Cherry Hill Township include the places inside it that have pages of their own: Ashland, Barclay, Cherry Hill Mall, Ellisburg, Golden Triangle, Greentree, Kingston Estates, Springdale.

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Questions about Cherry Hill Township

What is the Section 8 payment standard in Cherry Hill Township?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA is $1,860, and the Small Area figure for 08002 is $2,470.

What is the Fair Market Rent for a two-bedroom in ZIP 08002?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08002 is $2,470 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,974 (±$195).

What is the Fair Market Rent for a two-bedroom in ZIP 08034?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08034 is $2,210 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,842 (±$193).

What is the Fair Market Rent for a two-bedroom in ZIP 08003?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08003 is $2,500 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,638 (±$606).

What is the Fair Market Rent for a one-bedroom in Cherry Hill Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08002 is $2,070 a month, against $1,558 across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.