07031 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 07031 is $2,100.

Average rent

$2,100

Month-over-month change

-$200

Year-over-year change

-$400

Available rentals

24

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,575 to $3,050.

Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,6001
$1,7002
$1,8001
$1,9008
$2,0001
$2,1001
$2,2004
$2,3002
$2,4003
$2,5002
$2,6001
$2,7002
$2,8002
$3,000+1

Average rent price over time

In the last year, rent has decreased by $400 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,900$2,350
Feb$2,900$2,350
Mar$2,550$2,300
Apr$2,700$2,250
May$2,500$2,300
Jun$2,350$2,275
Jul$2,330$2,122
Aug$2,407$2,300
Sep$2,500No data
Oct$2,300No data
Nov$2,500No data
Dec$2,300No data

Market temperature

The 07031 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 07031 is equal to rent in the national average.

07031vs.

$2,100

$2,100

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Frequently asked questions

1. What is the average rent in 07031?

The average rent in 07031 is $2,100.

2. How much does it cost to rent a house in 07031?

Houses in 07031 rent between $1,575 - $3,050 with an average rent of $2,100.

3. How has the rent in 07031 changed in the last year?

In the last year, the rent in 07031 decreased by $400

4. How much has the rent in 07031 increased/decreased in the last month?

In the last month, the rent in 07031 decreased by $200

5. How many available rentals are there in 07031?

There are currently 24 rentals available in 07031.

6. How do rent prices in 07031 compare with the national average?

The average rent in 07031 is $2,100 — the same as the national average of $2,100.