
Cheap Apartments for Rent in Merchantville, NJ from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Merchantville.


Chestnut Station Senior Apartments

17 East

Cramer Hill Apartments & Townhomes

Marina Park Apartments

Park Village at Garden State Park

Washington Park Apartments

Stonegate at St. Stephen - Phase III

Myrtle Place Apartments
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3408 Federal St, Unit 3408

Cooper River Plaza Apartments

32 N 24th St, Unit Unit 2, Unit Unit 2

Cherry Hill Towers

Lexington House Apartment Homes

Colonials Apartment Homes

410 Chestnut St

Parc at Cherry Hill

Baldwins Run
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817 Union Ave

Stonegate at St. Stephens I

Stonegate at St. Stephen - Phase II

Westfield Gardens

810 N Forklanding Rd, Unit 105, Unit 105

1437 Kenwood Ave

2020 Woodlynne Ave

3002 N Centre St

Glen Point
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2830 Castor Ave

116 Haddon Ave

7701 Park Ave

124 White Horse Pike

116 S Fellowship Rd

Penn Garden Apartments

Hampshire House Apartments

1335 Morton St

264 Boyd St
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Merchantville, NJ Local Guide

How much does it cost to rent an apartment in Merchantville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Merchantville Studio Apartments | $1,841 | $1,145 | $2,466 |
| Cheap Merchantville 1 Bedroom Apartments | $2,303 | $1,050 | $6,000 |
| Cheap Merchantville 2 Bedroom Apartments | $2,809 | $1,200 | $6,908 |
| Cheap Merchantville 3 Bedroom Apartments | $5,059 | $2,965 | $10,000+ |
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Merchantville, NJ Local Guide
- Merchantville Neighborhoods
- Nearby Cities
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Cheapest Available Merchantville Apartments for Rent
 The cheapest available apartment rental in Merchantville, NJ is a 1 Bed unit found at Park Village at Garden State Park in the Village neighborhood priced from $1,184. Washington Park Apartments in the Centerville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Merchantville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Village at Garden State Park | One Bedroom - Type II | 1BR,1BA | $1,184 |
| Washington Park Apartments | Two Bedroom | 2BR,1BA | $1,200 |
| Stonegate at St. Stephen - Phase III | 1 Bed, 1 bath | 1BR,1BA | $1,210 |
| Mapleview Apartments | 1BR/1.0BA | 1BR,1BA | $1,405 |
| Cooper River Plaza Apartments | S-3 1 Bedroom | 1BR,1BA | $1,537 |
| Lexington House Apartment Homes | Studio - 483 sqft | Studio,1BA | $1,575 |
| Colonials Apartment Homes | One Bedroom - 760 sqft | 1BR,1BA | $1,740 |
| Parc at Cherry Hill | A2R | 1BR,1BA | $1,810 |
| Cherry Hill Towers | A1RP | 1BR,1BA | $1,904 |
| Metropolitan Collingswood | 2BR | 2BR,1BA | $1,935 |
Best Value Apartments for Rent in Merchantville, NJ
As of April 29, 2026 the best value apartment in the Merchantville area is the $2.21 price per square foot Three Bedroom 2 Bath - 1,342 sqft Model at Colonials Apartment Homes in the in the West Moorestown neighborhood starting from $2,965. The second greatest value Merchantville apartment is the Renovated Princeton Model at Burrough's Mill starting at $2,930 with a $2.59 price per square foot in the West Moorestown neighborhood. Here is today’s list of the best values for Merchantville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colonials Apartment Homes | Three Bedroom 2 Bath - 1,342 sqft | 3BR,2BA | $2.21 |
| Burrough's Mill | Renovated Princeton | 2BR,2BA | $2.59 |
| Metropolitan Collingswood | 2BR | 2BR,1BA | $2.56 |
| Stonegate at St. Stephen - Phase III | 1 Bed, 1 bath | 1BR,1BA | $1.67 |
| Park Village at Garden State Park | One Bedroom - Type I | 1BR,1BA | $1.71 |
| Cherry Hill Towers | A1RP | 1BR,1BA | $2.76 |
| Parc at Cherry Hill | A2R | 1BR,1BA | $2.65 |
| Mapleview Apartments | 2BR/1.0BA | 2BR,1BA | $2.23 |
| Washington Park Apartments | Two Bedroom | 2BR,1BA | $1.92 |
| Cooper River Plaza Apartments | S-3 1 Bedroom | 1BR,1BA | $2.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Merchantville, NJ Rentals by Map
See the most popular apartments and homes in Merchantville, NJ
Frequently Asked Questions about Cheap Merchantville Apartments
What is the Cheapest Studio apartment in Merchantville?
Currently the most affordable Cheap Studio Apartment in Merchantville is at Lexington House Apartment Homes listed at $1,575.
How much is rent for a Cheap One Bedroom Merchantville Apartment?
The lowest price for a Cheap One Bedroom Merchantville Apartment is $1,184 at Park Village at Garden State Park.
What is the lowest price for a Cheap Two Bedroom Merchantville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Merchantville is starting from $1,200 at Washington Park Apartments.
What is the most affordable Merchantville Three Bedroom Apartment?
The best deal on a cheap Merchantville Three Bedroom Apartment rental is at Colonials Apartment Homes and starts from $2,965.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia
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There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Renting your next home can feel thrilling and overwhelming at the same time.