Rent in Florence, NJ
A 2-bedroom in Florence, NJ (ZIP 08518) typically rents for about $1,519 a month, with a range of $1,387–$1,650. Owner-occupied homes in Burlington County pay about 2.26% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,280 | $1,280–$1,438 | 1 |
| 1 bed | $1,284 | $1,187–$1,380 | 1 |
| 2 beds | $1,519 | $1,387–$1,650 | 1 |
| 3 beds | $1,970 | $1,970–$2,216 | 1 |
| 4 beds | $2,170 | $2,170–$2,445 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Florence ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Florence, NJ?
- About $1,519 a month: the median of the typical rents in 1 ZIP code, which range from $1,387–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Florence, NJ?
- About $1,284 a month: the median of the typical rents in 1 ZIP code, which range from $1,187–$1,380. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Florence, NJ?
- About $1,970 a month: the median of the typical rents in 1 ZIP code, which range from $1,970–$2,216. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Florence, NJ?
- About $1,280 a month: the median of the typical rents in 1 ZIP code, which range from $1,280–$1,438. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Florence, NJ?
- About $2,170 a month: the median of the typical rents in 1 ZIP code, which range from $2,170–$2,445. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Florence, NJ?
- Owner-occupied homes in Burlington County pay a typical 2.26% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Florence rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).