Updated 2026 · Based on median market data for Camden, NJ
The median monthly rent in Camden, NJ is $1,080, translating to $12,960 in annual gross rental income per unit. The rent-to-price ratio is 0.70% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Camden spend approximately 46% of the local median household income ($28,400) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.
The vacancy rate in Camden is 7.5%. This is above the national average and warrants careful tenant screening and marketing. Budget for longer vacancy periods between tenants and consider offering competitive amenities or pricing to reduce turnover. Population growth of 0.1% annually provides stable demand.
Camden's GRM (price divided by annual rent) is 12.0x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,080/mo, a single-family rental in Camden generates approximately $12,960 in gross annual income. After accounting for 7.5% vacancy ($972 lost), property taxes of $3,534, insurance (~$620), and maintenance (~$620), the estimated NOI is $7,214 per year, or $601/mo.