07001 rental market

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Last updated August 12, 2025

Rental market summary

The average rent for 1 bedroom properties in 07001 is $2,047.

Average rent

$2,047

Month-over-month change

+$147

Year-over-year change

+$118

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,700 to $2,390.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7001
$2,0001
$2,300+1

Average rent price over time

In the last year, rent has increased by $118 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,866$1,986
Feb$1,875$1,850
Mar$1,815$2,027
Apr$1,848$1,950
May$1,884$2,025
Jun$2,060$1,800
Jul$1,949$1,900
Aug$2,033$2,036
Sep$1,897No data
Oct$2,060No data
Nov$1,700No data
Dec$1,700No data

Market temperature

The 07001 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 07001 is 29% higher than the national average.

07001vs.

$2,047

$1,587

Rent in 07001

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Frequently asked questions

1. What is the average rent in 07001?

The average rent in 07001 is $2,500.

2. How much does it cost to rent a house in 07001?

Houses in 07001 rent between $1,641 - $3,200 with an average rent of $2,500.

3. How has the rent in 07001 changed in the last year?

In the last year, the rent in 07001 increased by $467

4. How much has the rent in 07001 increased/decreased in the last month?

In the last month, the rent in 07001 increased by $200

5. How many available rentals are there in 07001?

There are currently 13 rentals available in 07001.

6. How do rent prices in 07001 compare with the national average?

The average rent in 07001 is $2,500 — Infinity% higher the national average of $0.