06516 rental market
Last updated August 20, 2025
Rental market summary
The average rent for all bedrooms and all property types in 06516 is $2,750.
$2,750
-$250
-$50
14
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $975 to $5,295.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $2,400 | 2 |
| $2,500 | 3 |
| $2,600 | 1 |
| $2,700 | 6 |
| $2,800 | 1 |
| $2,900 | 1 |
| $3,000 | 1 |
| $3,100 | 1 |
| $3,200 | 1 |
| $3,400 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $50 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $3,800 | $2,200 |
| Feb | $3,800 | $3,000 |
| Mar | $3,300 | $3,200 |
| Apr | $3,500 | $3,400 |
| May | $3,120 | $3,400 |
| Jun | $2,900 | $3,200 |
| Jul | $2,975 | $2,500 |
| Aug | $2,800 | $2,925 |
| Sep | $2,850 | No data |
| Oct | $2,500 | No data |
| Nov | $2,900 | No data |
| Dec | $2,350 | No data |
Market temperature
The 06516 rental market temperature is WARM. 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 2% higher than the national average.
$2,750
$2,700
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Frequently asked questions
1. What is the average rent in 06516?
The average rent in 06516 is $1,800.
2. How much does it cost to rent a house in 06516?
Houses in 06516 rent between $820 - $5,295 with an average rent of $1,800.
3. How has the rent in 06516 changed in the last year?
In the last year, the rent in 06516 decreased by $200
4. How much has the rent in 06516 increased/decreased in the last month?
In the last month, the rent in 06516 decreased by $200
5. How many available rentals are there in 06516?
There are currently 157 rentals available in 06516.
6. How do rent prices in 06516 compare with the national average?
The average rent in 06516 is $1,800 — Infinity% higher the national average of $0.