04240 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for all bedrooms and all property types in 04240 is $1,650.

Average rent

$1,650

Month-over-month change

+$50

Year-over-year change

+$70

Available rentals

58

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $950 to $3,000.

Rent frequencies
Rent priceNumber of rental properties
$9003
$1,0004
$1,1005
$1,2004
$1,3003
$1,4005
$1,50014
$1,60012
$1,70010
$1,80011
$1,9007
$2,0005
$2,1001
$2,4001
$2,5001
$2,8001
$2,9003
$3,000+2

Average rent price over time

In the last year, rent has increased by $70 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,425$1,500
Feb$1,400$1,600
Mar$1,325$1,571
Apr$1,575$1,600
May$1,600$1,500
Jun$1,335$1,500
Jul$1,350$1,593
Aug$1,578$1,675
Sep$1,600No data
Oct$1,505No data
Nov$1,400No data
Dec$1,600No data

Market temperature

The 04240 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 04240 is 21% lower than the national average.

04240vs.

$1,650

$2,100

Rent in 04240

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Frequently asked questions

1. What is the average rent in 04240?

The average rent in 04240 is $1,650.

2. How much does it cost to rent a house in 04240?

Houses in 04240 rent between $950 - $3,000 with an average rent of $1,650.

3. How has the rent in 04240 changed in the last year?

In the last year, the rent in 04240 increased by $70

4. How much has the rent in 04240 increased/decreased in the last month?

In the last month, the rent in 04240 increased by $50

5. How many available rentals are there in 04240?

There are currently 58 rentals available in 04240.

6. How do rent prices in 04240 compare with the national average?

The average rent in 04240 is $1,650 — 21.43% lower the national average of $2,100.

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