07003 rental market

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Last updated August 5, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07003 is $2,400.

Average rent

$2,400

Month-over-month change

+$50

Year-over-year change

-$80

Available rentals

105

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,000 to $5,500.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0001
$1,2001
$1,3001
$1,4001
$1,5004
$1,60010
$1,7009
$1,8007
$1,9007
$2,00010
$2,1009
$2,2006
$2,3008
$2,40013
$2,50013
$2,60011
$2,7009
$2,8008
$2,9008
$3,0004
$3,1002
$3,2002
$3,4001
$3,5001
$3,7001
$4,5001
$4,6001
$4,7001
$4,8001
$4,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $80 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,150$2,400
Feb$2,200$2,356
Mar$2,263$2,300
Apr$2,195$2,450
May$2,300$2,400
Jun$2,360$2,350
Jul$2,350$2,300
Aug$2,481$2,400
Sep$2,400No data
Oct$2,500No data
Nov$2,450No data
Dec$2,385No data

Market temperature

The 07003 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07003 is 14% higher than the national average.

07003vs.

$2,400

$2,100

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Frequently asked questions

1. What is the average rent in 07003?

The average rent in 07003 is $2,400.

2. How much does it cost to rent a house in 07003?

Houses in 07003 rent between $1,000 - $5,500 with an average rent of $2,400.

3. How has the rent in 07003 changed in the last year?

In the last year, the rent in 07003 decreased by $80

4. How much has the rent in 07003 increased/decreased in the last month?

In the last month, the rent in 07003 increased by $50

5. How many available rentals are there in 07003?

There are currently 105 rentals available in 07003.

6. How do rent prices in 07003 compare with the national average?

The average rent in 07003 is $2,400 — 14.29% higher the national average of $2,100.