07016 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 07016 is $3,276.

Average rent

$3,276

Month-over-month change

+$128

Year-over-year change

+$76

Available rentals

11

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $2,100 to $6,387.

Rent frequencies
Rent priceNumber of rental properties
$2,0001
$2,1001
$2,3001
$2,4001
$2,8002
$2,9001
$3,0001
$3,1001
$3,2001
$3,3001
$3,4001
$3,7001
$3,9001
$4,700+1

Average rent price over time

In the last year, rent has increased by $76 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,495$3,349
Feb$3,000$3,145
Mar$3,364$2,822
Apr$2,700$3,067
May$3,200$3,268
Jun$3,200$3,428
Jul$2,900$3,313
Aug$3,200$3,237
Sep$3,200No data
Oct$2,950No data
Nov$3,100No data
Dec$3,195No data

Market temperature

The 07016 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 07016 is 73% higher than the national average.

07016vs.

$3,276

$1,895

Rent in 07016

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Frequently asked questions

1. What is the average rent in 07016?

The average rent in 07016 is $2,900.

2. How much does it cost to rent a house in 07016?

Houses in 07016 rent between $1,375 - $5,550 with an average rent of $2,900.

3. How has the rent in 07016 changed in the last year?

In the last year, the rent in 07016 did not change.

4. How much has the rent in 07016 increased/decreased in the last month?

In the last month, the rent in 07016 decreased by $50

5. How many available rentals are there in 07016?

There are currently 29 rentals available in 07016.

6. How do rent prices in 07016 compare with the national average?

The average rent in 07016 is $2,900 — Infinity% higher the national average of $0.