What is the median rent in Magnolia Borough, NJ?

The median gross rent in Magnolia Borough, NJ is $1,427 (±$276) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 553 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Magnolia Borough, the median gross rent went from $1,034 in 2015–2019 to $1,427 in 2020–2024 (+38.0%).

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
$1,427 (±$276)
Rented homes
553 (±163)
$2,000 or more
17.5%
Since 2015–2019
+38.0%

How much rent costs in Magnolia Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMagnolia BoroughCamden CountyNew JerseyUnited States
Less than $5005.8% (±8.7 points)7.5%6.1%6.3%
$500 to $9992.5% (±4.0 points)14.2%7.9%20.2%
$1,000 to $1,49946.8% (±20.1 points)35.6%23.5%28.1%
$1,500 to $1,99927.3% (±15.5 points)25.7%28.5%21.1%
$2,000 to $2,49912.3% (±14.1 points)12.1%17.2%12.0%
$2,500 to $2,9995.2% (±8.8 points)3.0%7.9%5.5%
$3,000 or more0.0% (±7.8 points)1.9%8.9%6.8%

The most common range is $1,000 to $1,499, paid by 46.8% of renting households.

17.5% of rented homes in Magnolia Borough cost $2,000 or more a month.

Magnolia Borough against Camden County, its state and the nation

Estimate (90% margin of error)
Magnolia BoroughCamden CountyNew JerseyUnited States
Median gross rent$1,427 (±$276)$1,402 (±$20)$1,720 (±$7)$1,413
Rented homes paying rent553 (±163)69,461 (±1,903)1,230,839 (±7,912)42,849,984

In Magnolia Borough, median gross rent is not measurably different from Camden County ($1,402).

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

It is not measurably different from the national figure ($1,413).

In Camden County, Magnolia Borough ranks 12 of 34 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 443 of 548.

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

How rent in Magnolia 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$1,034 (±$123)$1,427 (±$276)+38.0%No measurable change after inflation
Households that rent35.2% (±6.1 points)30.7% (±8.8 points)−4.5 percentage pointsNot a measurable change
Rental vacancy rate8.2% (±8.8 points)0.0% (±7.4 points)−8.2 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 Magnolia Borough

Nearest places with a published estimate, compared with Magnolia Borough
PlaceDistanceMedian gross rentCompared with this place
Magnolia Borough—$1,427 (±$276)—
Lawnside Borough0.9 mi$1,073 (±$201)Lower
Somerdale Borough1.1 mi$1,097 (±$88)Lower
Barrington Borough1.2 mi$1,320 (±$120)Not measurably different
Hi-nella Borough1.6 mi$1,591 (±$122)Not measurably different
Glendora1.9 mi$986 (±$616)Not measurably different
Ashland2.0 mi$2,529 (±$446)Higher
Runnemede Borough2.1 mi$1,423 (±$113)Not measurably different
Stratford Borough2.2 mi$1,190 (±$95)Not measurably different

Nearby places with a measurably lower figure: Lawnside Borough, NJ ($1,073), Somerdale Borough, NJ ($1,097).

Nearby places with a measurably higher figure: Ashland, NJ ($2,529).

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
6Hi-nella Borough$1,591 (±$122)
7Woodlynne Borough$1,587 (±$182)
8Waterford Township$1,541 (±$934)
9Collingswood Borough$1,488 (±$123)
10Gloucester City$1,484 (±$173)
11Berlin Borough$1,439 (±$354)
12Magnolia Borough$1,427 (±$276)
13Runnemede Borough$1,423 (±$113)
14Gibbsboro Borough$1,420 (±$1,211)
15Pine Hill Borough$1,411 (±$120)
16Winslow Township$1,394 (±$125)
17Brooklawn Borough$1,392 (±$161)
18Mount Ephraim Borough$1,373 (±$447)

Showing 13 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 Magnolia Borough

What is the average rent in Magnolia Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Magnolia Borough is $1,427 (±$276) 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 Magnolia Borough?

In Magnolia Borough, the median gross rent went from $1,034 in 2015–2019 to $1,427 in 2020–2024 (+38.0%).

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 Magnolia Borough cost more than $2,000 a month?

17.5% of rented homes in Magnolia Borough have a gross rent of $2,000 or more a month, and 5.8% cost less than $500.

Is rent in Magnolia Borough higher than in Camden County?

In Magnolia Borough, median gross rent is not measurably different from Camden County ($1,402).

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

It is not measurably different from 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 Magnolia borough, Camden County, New Jersey (county subdivision:42630, 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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