What is the median rent in Laurel Springs Borough, NJ?

The median gross rent in Laurel Springs Borough, NJ is $1,181 (±$86) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 141 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Laurel Springs Borough, the median gross rent went from $872 in 2015–2019 to $1,181 in 2020–2024 (+35.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,181 (±$86)
Rented homes
141 (±35)
$2,000 or more
9.2%
Since 2015–2019
+35.4%

How much rent costs in Laurel Springs Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentLaurel Springs BoroughCamden CountyNew JerseyUnited States
Less than $5000.0% (±26.8 points)7.5%6.1%6.3%
$500 to $99921.3% (±10.8 points)14.2%7.9%20.2%
$1,000 to $1,49954.6% (±14.6 points)35.6%23.5%28.1%
$1,500 to $1,99914.9% (±10.2 points)25.7%28.5%21.1%
$2,000 to $2,4999.2% (±9.2 points)12.1%17.2%12.0%
$2,500 to $2,9990.0% (±26.8 points)3.0%7.9%5.5%
$3,000 or more0.0% (±26.8 points)1.9%8.9%6.8%

The most common range is $1,000 to $1,499, paid by 54.6% of renting households.

9.2% of rented homes in Laurel Springs Borough cost $2,000 or more a month.

Laurel Springs Borough against Camden County, its state and the nation

Estimate (90% margin of error)
Laurel Springs BoroughCamden CountyNew JerseyUnited States
Median gross rent$1,181 (±$86)$1,402 (±$20)$1,720 (±$7)$1,413
Rented homes paying rent141 (±35)69,461 (±1,903)1,230,839 (±7,912)42,849,984

In Laurel Springs Borough, median gross rent is lower than in Camden County ($1,402).

It is also lower than in New Jersey ($1,720).

It is lower than the national figure ($1,413).

In Camden County, Laurel Springs Borough ranks 29 of 34 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 519 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Laurel Springs Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$872 (±$87)$1,181 (±$86)+35.4%No measurable change after inflation
Households that rent17.7% (±4.0 points)20.0% (±4.7 points)+2.3 percentage pointsNot a measurable change
Rental vacancy rate7.0% (±10.6 points)0.0% (±26.8 points)−7.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Laurel Springs Borough

Nearest places with a published estimate, compared with Laurel Springs Borough
PlaceDistanceMedian gross rentCompared with this place
Laurel Springs Borough—$1,181 (±$86)—
Stratford Borough0.8 mi$1,190 (±$95)Not measurably different
Lindenwold Borough0.8 mi$1,323 (±$48)Higher
Hi-nella Borough1.4 mi$1,591 (±$122)Higher
Clementon Borough1.7 mi$1,169 (±$359)Not measurably different
Somerdale Borough1.9 mi$1,097 (±$88)Not measurably different
Echelon1.9 mi$1,717 (±$52)Higher
Gibbsboro Borough2.2 mi$1,420 (±$1,211)Not measurably different
Gloucester Township2.5 mi$1,592 (±$64)Higher

Nearby places with a measurably higher figure: Lindenwold Borough, NJ ($1,323), Hi-nella Borough, NJ ($1,591), Echelon, NJ ($1,717).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Camden County, place by place

RankPlaceMedian gross rent
23Bellmawr Borough$1,257 (±$127)
24Oaklyn Borough$1,246 (±$141)
25Camden$1,226 (±$49)
26Merchantville Borough$1,212 (±$140)
27Pennsauken Township$1,209 (±$76)
28Stratford Borough$1,190 (±$95)
29Laurel Springs Borough$1,181 (±$86)
30Clementon Borough$1,169 (±$359)
31Haddon Heights Borough$1,166 (±$158)
32Somerdale Borough$1,097 (±$88)
33Lawnside Borough$1,073 (±$201)
34Audubon Park Borough$979 (±$60)

Showing 12 of 34 places in Camden County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Laurel Springs Borough

What is the average rent in Laurel Springs Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Laurel Springs Borough is $1,181 (±$86) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Laurel Springs Borough?

In Laurel Springs Borough, the median gross rent went from $872 in 2015–2019 to $1,181 in 2020–2024 (+35.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Laurel Springs Borough cost more than $2,000 a month?

9.2% of rented homes in Laurel Springs Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Laurel Springs Borough higher than in Camden County?

In Laurel Springs Borough, median gross rent is lower than in Camden County ($1,402).

It is also lower than in New Jersey ($1,720).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Laurel Springs borough, Camden County, New Jersey (county subdivision:39210, in state:34 county:007).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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.

Figures last updated on .

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