06516 rental market
What is the average rent in 06516?
Last updated October 15, 2025
Rental market summary
The average rent for all bedrooms and all property types in 06516 is $1,850.
$1,850
+$50
+$50
152
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,100 to $5,000.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100 | 1 |
| $1,200 | 3 |
| $1,300 | 5 |
| $1,400 | 27 |
| $1,500 | 33 |
| $1,600 | 14 |
| $1,700 | 23 |
| $1,800 | 20 |
| $1,900 | 11 |
| $2,000 | 10 |
| $2,100 | 24 |
| $2,200 | 14 |
| $2,300 | 5 |
| $2,400 | 7 |
| $2,500 | 6 |
| $2,600 | 4 |
| $2,700 | 6 |
| $2,800 | 6 |
| $2,900 | 5 |
| $3,000 | 4 |
| $3,100 | 1 |
| $3,200 | 1 |
| $3,400 | 1 |
| $3,500 | 2 |
| $3,600 | 1 |
| $3,700 | 1 |
| $3,800 | 3 |
| $4,100 | 1 |
| $4,200 | 2 |
| $4,900+ | 2 |
Average rent price over time
In the last year, rent has increased by $50 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,800 | $1,950 |
| Feb | $1,800 | $1,995 |
| Mar | $1,900 | $1,950 |
| Apr | $1,814 | $1,900 |
| May | $1,850 | $1,850 |
| Jun | $1,903 | $2,000 |
| Jul | $2,000 | $1,950 |
| Aug | $1,900 | $1,900 |
| Sep | $1,950 | $1,800 |
| Oct | $2,000 | $1,800 |
| Nov | $2,000 | No data |
| Dec | $2,150 | No data |
Market temperature
The 06516 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 06516 is 8% lower than the national average.
$1,850
$2,005
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Frequently asked questions
1. What is the average rent in 06516?
The average rent in 06516 is $1,850.
2. What is the average rent for a studio apartment in 06516?
The average rent for a studio apartment in 06516 is $1,375 per month.
3. What is the average rent for a one-bedroom apartment in 06516?
The average rent for a one-bedroom apartment in 06516 is $1,500 per month.
4. What is the average rent for a two-bedroom apartment in 06516?
The average rent for a two-bedroom apartment in 06516 is $1,950 per month.
5. What is the average rent for a three-bedroom apartment in 06516?
The average rent for a three-bedroom apartment in 06516 is $2,300 per month.
6. What is the average rent for a four-bedroom apartment in 06516?
The average rent for a four-bedroom apartment in 06516 is $2,700 per month.
7. How much does it cost to rent a house in 06516?
Houses in 06516 rent between $1,100 - $5,000 with an average rent of $1,850.
8. How has the rent in 06516 changed in the last year?
In the last year, the rent in 06516 increased by $50
9. How much has the rent in 06516 increased/decreased in the last month?
In the last month, the rent in 06516 increased by $50
10. How many available rentals are there in 06516?
There are currently 152 rentals available in 06516.
11. How do rent prices in 06516 compare with the national average?
The average rent in 06516 is $1,850 — 7.73% lower the national average of $2,005.