06516 rental market

What is the average rent in 06516?

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Last updated June 2, 2026

Rental market summary

The average rent for all bedrooms and all property types in 06516 is $1,800.

Average rent

$1,800

Month-over-month change

-$50

Year-over-year change

-$200

Available rentals

166

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $650 to $7,000.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$7001
$9001
$1,0001
$1,1002
$1,2006
$1,30010
$1,40017
$1,50017
$1,60014
$1,70031
$1,80028
$1,90023
$2,00013
$2,1007
$2,2008
$2,30011
$2,4006
$2,5006
$2,6005
$2,7004
$2,8003
$2,9008
$3,0006
$3,1002
$3,2004
$3,4003
$3,5004
$4,4001
$4,5001
$4,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $200 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,950$1,750
Feb$1,995$1,750
Mar$1,950$1,750
Apr$1,900$1,800
May$1,850$1,875
Jun$2,000$1,800
Jul$1,950No data
Aug$1,900No data
Sep$1,800No data
Oct$1,800No data
Nov$1,780No data
Dec$1,750No data

Market temperature

The 06516 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 06516 is 10% lower than the national average.

06516vs.

$1,800

$2,000

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Frequently asked questions

1. What is the average rent in 06516?

The average rent in 06516 is $1,800.

2. What is the average rent for a studio apartment in 06516?

The average rent for a studio apartment in 06516 is $1,350 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 $1,600 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 $1,800 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 $2,322 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 $3,258 per month.

7. How much does it cost to rent a house in 06516?

Houses in 06516 rent between $650 - $7,000 with an average rent of $1,800.

8. How has the rent in 06516 changed in the last year?

In the last year, the rent in 06516 decreased by $200

9. How much has the rent in 06516 increased/decreased in the last month?

In the last month, the rent in 06516 decreased by $50

10. How many available rentals are there in 06516?

There are currently 166 rentals available in 06516.

11. How do rent prices in 06516 compare with the national average?

The average rent in 06516 is $1,800 — 10% lower the national average of $2,000.

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