The average rent in Merchantville, NJ is $1,549.
In Merchantville 43% of the housing is rented out compared to 57% of homes are owned, according to the most recent Census Bureau estimates. 22% of Merchantville's apartments are found in large buildings of 50 units or more, 74% are located in smaller apartment complexes with less than 50 units, and 4% are single-family rentals.
The average age of rental buildings in Merchantville is 53 years old, with 20% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 7 stories, of which 52% are garden-style apartment communities, 7% are mid-sized buildings, and 41% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in Merchantville come in a range of sizes and floorplans. Studio apartments represent 9% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 59% of the total apartments in the city, while 2-bedroom floorplans represent around 30% of all rentals in Merchantville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Merchantville, located in Camden County, New Jersey, is a small town with close proximity to Philadelphia, PA, situated just about 5 miles away. This makes it an attractive location for those working in Philadelphia but preferring a quieter residential area. The town's main industries are retail, education, and healthcare, which attract a significant number of renters looking for opportunities in these sectors.
Merchantville is home to several parks and recreational areas, including Merchantville Community Center Park and Wellwood Park, which offer ample green spaces for outdoor activities such as picnics, sports, and walking trails. The town also boasts a growing arts scene with local galleries and craft stores, adding a cultural touch to its historical roots evident in its preserved Victorian and Colonial architecture.
The local cuisine in Merchantville reflects a blend of traditional American dishes and international flavors, with several Italian, Mexican, and American restaurants offering a variety of dining options. The town benefits from the Merchantville School District, serving grades Pre-K through 8, while high school students typically attend schools in nearby Pennsauken Township as part of a sending/receiving relationship.
Merchantville offers a range of rental options, from historic homes to modern apartments, catering to various preferences and lifestyles. The town features architectural styles predominantly from the Victorian era with well-preserved facades and interiors. Many of these homes are located near the town center, providing easy access to local shops, cafes, and public transportation options.
Rental properties in Merchantville attract diverse demographics. Young professionals often seek apartments close to local amenities and transport links to Philadelphia. Families tend to prefer spacious homes near schools and parks. The town's calm atmosphere combined with its cultural and historical charm makes it a desirable location for many.
Merchantville's shopping scene includes a mix of national retailers and independent shops. The Merchantville Market Off Centre, a local farmers market, is a popular spot where residents can purchase fresh local produce, handmade goods, and specialty foods. For a more extensive shopping experience, residents often visit nearby Cherry Hill Mall, which hosts a wide range of stores from fashion brands to tech gadgets.
The town itself is famed for its antique shops and local craft stores, attracting shoppers looking for unique items and gifts. Major grocery chains such as ShopRite and Acme Markets are also accessible to residents, providing convenience for daily needs.
Public transportation options in Merchantville primarily include bus services that connect residents to nearby cities like Philadelphia, making it convenient for commuters. NJ Transit provides several bus routes that facilitate easy access to major employment centers and attractions in the region.
For more extensive travel, residents can use the nearby Philadelphia International Airport, located approximately 18 miles from Merchantville, for both domestic and international flights. This connectivity is crucial for renters who travel frequently or have long-distance commuting needs.
Merchantville's strategic location, combined with its small-town charm and modern amenities, creates a balanced living environment suitable for a diverse population of renters.
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