What is the median rent in New Hanover Township, NJ?
The median gross rent in New Hanover Township, NJ is $2,985 (±$205) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 353 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Hanover Township, the median gross rent went from $2,298 in 2015–2019 to $2,985 in 2020–2024 (+29.9%).
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
- $2,985 (±$205)
- Rented homes
- 353 (±76)
- $2,000 or more
- 87.8%
- Since 2015–2019
- +29.9%
How much rent costs in New Hanover Township
| Monthly gross rent | New Hanover Township | Burlington County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±12.0 points) | 3.1% | 6.1% | 6.3% |
| $500 to $999 | 6.5% (±5.6 points) | 7.7% | 7.9% | 20.2% |
| $1,000 to $1,499 | 2.5% (±3.3 points) | 25.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 3.1% (±3.7 points) | 28.1% | 28.5% | 21.1% |
| $2,000 to $2,499 | 15.6% (±7.0 points) | 21.0% | 17.2% | 12.0% |
| $2,500 to $2,999 | 22.9% (±8.8 points) | 9.4% | 7.9% | 5.5% |
| $3,000 or more | 49.3% (±11.0 points) | 5.3% | 8.9% | 6.8% |
The most common range is $3,000 or more, paid by 49.3% of renting households.
87.8% of rented homes in New Hanover Township cost $2,000 or more a month.
New Hanover Township against Burlington County, its state and the nation
| New Hanover Township | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,985 (±$205) | $1,745 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 353 (±76) | 40,875 (±1,411) | 1,230,839 (±7,912) | 42,849,984 |
In New Hanover Township, median gross rent is higher than in Burlington County ($1,745).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Burlington County, New Hanover Township ranks 1 of 40 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 27 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Hanover Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,298 (±$83) | $2,985 (±$205) | +29.9% | No measurable change after inflation |
| Households that rent | 52.1% (±5.4 points) | 64.8% (±6.3 points) | +12.7 percentage points | Measurable increase |
| Rental vacancy rate | 2.2% (±4.5 points) | 1.6% (±2.4 points) | −0.6 percentage points | Not 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 New Hanover Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Hanover Township | — | $2,985 (±$205) | — |
| McGuire AFB | 1.2 mi | $2,541 (±$131) | Lower |
| Browns Mills | 2.8 mi | $1,220 (±$120) | Lower |
| Wrightstown Borough | 3.1 mi | $1,270 (±$226) | Lower |
| Pemberton Township | 4.1 mi | $1,345 (±$144) | Lower |
| New Egypt | 4.4 mi | $1,716 (±$571) | Lower |
| Country Lake Estates | 4.9 mi | $1,739 (±$1,657) | Not measurably different |
| Plumsted Township | 5.2 mi | $1,707 (±$578) | Lower |
| North Hanover Township | 5.3 mi | $2,294 (±$130) | Lower |
Nearby places with a measurably lower figure: McGuire AFB, NJ ($2,541), Browns Mills, NJ ($1,220), Wrightstown Borough, NJ ($1,270).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Burlington County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | New Hanover Township | $2,985 (±$205) |
| 2 | Chesterfield Township | $2,500 (±$769) |
| 3 | North Hanover Township | $2,294 (±$130) |
| 4 | Fieldsboro Borough | $2,231 (±$98) |
| 5 | Shamong Township | $2,228 (±$1,286) |
| 6 | Mansfield Township (Burlington County) | $2,213 (±$554) |
| 7 | Medford Lakes Borough | $2,211 (±$610) |
Showing 7 of 40 places in Burlington County, ranked from highest to lowest.
The figures for New Hanover Township include the places inside it that have pages of their own: Fort Dix.
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 New Hanover Township
What is the average rent in New Hanover Township, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in New Hanover Township is $2,985 (±$205) 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 New Hanover Township?
In New Hanover Township, the median gross rent went from $2,298 in 2015–2019 to $2,985 in 2020–2024 (+29.9%).
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 New Hanover Township cost more than $2,000 a month?
87.8% of rented homes in New Hanover Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in New Hanover Township higher than in Burlington County?
In New Hanover Township, median gross rent is higher than in Burlington County ($1,745).
It is also higher than in New Jersey ($1,720).
It is higher 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 New Hanover township, Burlington County, New Jersey (county subdivision:51510, in state:34 county:005).
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.
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 .
Related
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- Income and affordability in New Hanover Township
- Home values in New Hanover Township
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- Property taxes in New Hanover Township
- Types of homes in New Hanover Township
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- Age of homes in New Hanover Township
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- Population growth in New Hanover Township
- How long people stay in New Hanover Township
- Fair Market Rent in New Hanover Township
- New Jersey landlord and tenant rules
- Housing across Burlington County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey