07001 rental market

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Last updated August 12, 2025

Rental market summary

The average rent for 3 bedroom properties in 07001 is $2,850.

Average rent

$2,850

Month-over-month change

+$1,054

Year-over-year change

+$100

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,890 to $3,000.

Rent frequencies
Rent priceNumber of rental properties
$1,8001
$2,8001
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has increased by $100 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,650$2,200
Feb$2,000$2,800
Mar$2,700$2,850
Apr$3,300$2,550
Jun$2,900$2,800
Aug$2,881$1,815
Oct$3,400$1,813
Nov$2,950$2,850
Dec$2,400No 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 28% higher than the national average.

07001vs.

$2,850

$2,220

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.