07024 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 1 bedroom properties in 07024 is $2,300.

Average rent

$2,300

Month-over-month change

-$95

Year-over-year change

-$245

Available rentals

46

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,675 to $7,076.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7002
$1,8006
$1,9005
$2,0005
$2,1006
$2,2006
$2,3003
$2,4001
$2,6006
$2,7007
$2,8001
$2,9003
$3,0001
$3,1002
$3,2005
$3,3003
$4,300+1

Average rent price over time

In the last year, rent has decreased by $245 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,519$2,625
Feb$2,375$2,475
Mar$2,527$2,625
Apr$2,600$2,460
May$2,450$2,750
Jun$2,800$2,750
Jul$2,600$2,775
Aug$2,745$2,395
Sep$2,545No data
Oct$2,300No data
Nov$2,300No data
Dec$2,350No data

Market temperature

The 07024 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 07024 is 45% higher than the national average.

07024vs.

$2,300

$1,585

Rent in 07024

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Frequently asked questions

1. What is the average rent in 07024?

The average rent in 07024 is $2,925.

2. How much does it cost to rent a house in 07024?

Houses in 07024 rent between $1,450 - $8,500 with an average rent of $2,925.

3. How has the rent in 07024 changed in the last year?

In the last year, the rent in 07024 decreased by $75

4. How much has the rent in 07024 increased/decreased in the last month?

In the last month, the rent in 07024 decreased by $275

5. How many available rentals are there in 07024?

There are currently 112 rentals available in 07024.

6. How do rent prices in 07024 compare with the national average?

The average rent in 07024 is $2,925 — Infinity% higher the national average of $0.