07023 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07023 is $3,020.

Average rent

$3,020

Month-over-month change

+$20

Year-over-year change

+$20

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,700 to $3,900.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7001
$2,5001
$2,6001
$3,0001
$3,4001
$3,5001
$3,8001
$3,900+1

Average rent price over time

In the last year, rent has increased by $20 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,600$2,400
Feb$3,400$2,450
Mar$3,200$2,450
Apr$3,400$2,400
May$2,995$3,200
Jun$2,950$4,500
Jul$2,850$3,100
Aug$2,900$3,200
Sep$3,000No data
Oct$2,300No data
Nov$3,200No data

Market temperature

The 07023 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07023 is 44% higher than the national average.

07023vs.

$3,020

$2,100

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Frequently asked questions

1. What is the average rent in 07023?

The average rent in 07023 is $3,020.

2. How much does it cost to rent a house in 07023?

Houses in 07023 rent between $1,700 - $3,900 with an average rent of $3,020.

3. How has the rent in 07023 changed in the last year?

In the last year, the rent in 07023 increased by $20

4. How much has the rent in 07023 increased/decreased in the last month?

In the last month, the rent in 07023 increased by $20

5. How many available rentals are there in 07023?

There are currently 5 rentals available in 07023.

6. How do rent prices in 07023 compare with the national average?

The average rent in 07023 is $3,020 — 43.81% higher the national average of $2,100.