salaryRent here is among the highest 10% in the country. Household incomes are higher than in 89% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (79.1%) are owned, so rentals can be hard to find. It is a highly educated city: 64.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $114,760 a year. That is $55 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 230 of 291 cities from cheapest to most expensive.
How much do households earn in Moorestown-Lenola?
Share of households by yearly income. 57.9% of households earn $100,000 or more.
Rent by apartment size in Moorestown-Lenola
| Size | Moorestown-Lenola | U.S. average |
|---|---|---|
| Studio | $1,059 | $1,338 |
| 1 bedroom | $828 | $1,324 |
| 2 bedrooms | $2,229 | $1,509 |
| 3 bedrooms | $2,279 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Moorestown-Lenola overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Moorestown-Lenola, so the New Jersey figure is shown.
Taxes and bills in Moorestown-Lenola
Life in Moorestown-Lenola
Is it cheaper to rent or buy in Moorestown-Lenola?
Renting is cheaper right now: about $1,167 a month less.
Owning assumes a typical $581,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,170 for the down payment.
Frequently asked questions
What is the average rent in Moorestown-Lenola, NJ?
Renting in Moorestown-Lenola costs a median of about $2,869 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Moorestown-Lenola?
To keep rent under 30% of income, you need about $114,760 a year, or $55 an hour at a full-time job.
Is Moorestown-Lenola cheap or expensive?
Moorestown-Lenola is rated OK: rent takes 23.1% of the typical household income of $149,262. It ranks 230th cheapest of 291 New Jersey cities we track.
How much are property taxes in Moorestown-Lenola?
The median homeowner in Moorestown-Lenola pays $9,921 a year in property taxes, about 1.71% of the median home value.
Is Moorestown-Lenola more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Moorestown-Lenola?
The median home value in Moorestown-Lenola is $581,700, about 3.9 times the typical yearly household income.
14,625 people live in Moorestown-Lenola. Numbers are typical (middle) values.